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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -5.57 % over the year, decrease in net sales/revenue by -7.03 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 22.07 %. Marginal increase in other income during this quarter, up by 11.98%.
- Profit over the Year and quarter: Significant improvement in profitability for SPL Industries Limited. Notable increase of 71.73 % in net profit Year to Year, SPL Industries Limited’s profitability increased by 53.52 % in this quarter.
- EPS over the Year and quarter: EPS increased by 71.25 % Year to Year. EPS increased by 53.93 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 41.817 Cr | Rs. 42.474 Cr | Rs. 39.489 Cr | -7.03 % | -5.57 % |
| Expenses | Rs. 40.19 Cr | Rs. 40.54 Cr | Rs. 37.59 Cr | -7.28 % | -6.47 % |
| Operating Profit | Rs. 1.63 Cr | Rs. 1.93 Cr | Rs. 1.9 Cr | -1.55 % | + 16.56 % |
| OPM % | 3.9 % | 4.54 % | 4.81 % | + 0.27 % | + 0.91 % |
| Other Income | Rs. 2.863 Cr | Rs. 3.121 Cr | Rs. 3.495 Cr | + 11.98 % | + 22.07 % |
| Interest | Rs. 0.57 Cr | Rs. 0.54 Cr | Rs. 0.62 Cr | + 14.81 % | + 8.77 % |
| Depreciation | Rs. 0.77 Cr | Rs. 0.75 Cr | Rs. 0.76 Cr | + 1.33 % | -1.3 % |
| Profit before tax | Rs. 3.15 Cr | Rs. 3.76 Cr | Rs. 4.02 Cr | + 6.91 % | + 27.62 % |
| Tax % | 26.81 % | 31.34 % | 1.2 % | -30.14 % | -25.61 % |
| Net Profit | Rs. 2.31 Cr | Rs. 2.58 Cr | Rs. 3.97 Cr | + 53.88 % | + 71.86 % |
| EPS in Rs | Rs. 0.8 | Rs. 0.89 | Rs. 1.37 | + 53.93 % | + 71.25 % |
Today, we’re looking at SPL Industries Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -5.57 %. However, it did see a marginal slip of -7.03 % from the previous quarter. Expenses decreased slightly by -7.28 % quarter-on-quarter, aligning with the annual decline of -6.47 %. Operating profit, while up 16.56 % compared to last year, faced a quarter-on-quarter dip of -1.55 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.91 %, but an expansion of 0.27 % sequentially. Other income rose by 11.98 % compared to the last quarter, despite an annual growth of 22.07 %. Interest expenses surged remarkably by 14.81 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.77 %. Depreciation costs climbed by 1.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.3 %. Profit before tax grew annually by 27.62 % but saw an increase from the preceding quarter by 6.91 %.
Tax expenses as a percentage of profits decreased slightly by -25.61 % compared to last year, with a more notable quarter-on-quarter decrease of -30.14 %. Net profit rose by 71.86 % year-on-year but experienced a 53.88 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 71.25 % but a quarterly rise of 53.93 %. In summary, SPL Industries Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 41.817 Cr | Rs. 42.474 Cr | Rs. 39.489 Cr | -7.03 % | -5.57 % |
| Expenses | Rs. 40.19 Cr | Rs. 40.54 Cr | Rs. 37.59 Cr | -7.28 % | -6.47 % |
| Operating Profit | Rs. 1.63 Cr | Rs. 1.93 Cr | Rs. 1.9 Cr | -1.55 % | + 16.56 % |
| Net Profit | Rs. 2.31 Cr | Rs. 2.58 Cr | Rs. 3.97 Cr | + 53.88 % | + 71.86 % |
| EPS in Rs | Rs. 0.8 | Rs. 0.89 | Rs. 1.37 | + 53.93 % | + 71.25 % |
In reviewing SPL Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.57 % year-on-year, although there was a slight dip of -7.03 % from the previous quarter. Expenses decreased by -6.47 % compared to the previous year, with a decrease of -7.28 % quarter-on-quarter. Operating Profit surged by 16.56 % annually, and saw a -1.55 % decrease from the last quarter.
Net Profit showed yearly increase of 71.86 %, and experienced a 53.88 % increase from the previous quarter. Earnings Per Share (EPS) rose by 71.25 % annually, however rose by 53.93 % compared to the last quarter. In essence, while SPL Industries Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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