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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 25.4 % in the past year, substantial increase in net sales/revenue by 71.21 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -61.54 %, Marginal decrease of -82.14% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Solid Stone Company Ltd.. Notable increase of 169.37 % in net profit Year to Year, Solid Stone Company Ltd.’s profitability increased by 647.5 % in this quarter.
- EPS over the Year and quarter: EPS increased by 166.67 % Year to Year. EPS increased by 700 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 5.796 Cr | Rs. 4.245 Cr | Rs. 7.268 Cr | + 71.21 % | + 25.4 % |
Expenses | Rs. 4.72 Cr | Rs. 3.48 Cr | Rs. 6.2 Cr | + 78.16 % | + 31.36 % |
Operating Profit | Rs. 1.08 Cr | Rs. 0.77 Cr | Rs. 1.07 Cr | + 38.96 % | -0.93 % |
OPM % | 18.63 % | 18.14 % | 14.72 % | -3.42 % | -3.91 % |
Other Income | Rs. 0.013 Cr | Rs. 0.028 Cr | Rs. 0.005 Cr | -82.14 % | -61.54 % |
Interest | Rs. 0.57 Cr | Rs. 0.51 Cr | Rs. 0.46 Cr | -9.8 % | -19.3 % |
Depreciation | Rs. 0.22 Cr | Rs. 0.23 Cr | Rs. 0.23 Cr | + 0 % | + 4.55 % |
Profit before tax | Rs. 0.3 Cr | Rs. 0.06 Cr | Rs. 0.39 Cr | + 550 % | + 30 % |
Tax % | 63.97 % | 2.22 % | 22.34 % | + 20.12 % | -41.63 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.04 Cr | Rs. 0.3 Cr | + 650 % | + 172.73 % |
EPS in Rs | Rs. 0.21 | Rs. 0.07 | Rs. 0.56 | + 700 % | + 166.67 % |
Today, we’re looking at Solid Stone Company Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 25.4 %. However, it did see a marginal increase of 71.21 % from the previous quarter. Expenses ticked up slightly by 78.16 % quarter-on-quarter, aligning with the annual rise of 31.36 %. Operating profit, while down -0.93 % compared to last year, faced a quarter-on-quarter increase of 38.96 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.91 %, but a shrinkage of -3.42 % sequentially. Other income fell by -82.14 % compared to the last quarter, despite an annual decline of -61.54 %. Interest expenses dropped significantly by -9.8 % from the previous quarter, yet the year-over-year decrease remains at a moderate -19.3 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.55 %. Profit before tax grew annually by 30 % but saw an increase from the preceding quarter by 550 %.
Tax expenses as a percentage of profits decreased slightly by -41.63 % compared to last year, with a more notable quarter-on-quarter increase of 20.12 %. Net profit rose by 172.73 % year-on-year but experienced a 650 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 166.67 % but a quarterly rise of 700 %. In summary, Solid Stone Company Ltd.’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. 5.796 Cr | Rs. 4.245 Cr | Rs. 7.268 Cr | + 71.21 % | + 25.4 % |
Expenses | Rs. 4.72 Cr | Rs. 3.48 Cr | Rs. 6.2 Cr | + 78.16 % | + 31.36 % |
Operating Profit | Rs. 1.08 Cr | Rs. 0.77 Cr | Rs. 1.07 Cr | + 38.96 % | -0.93 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.04 Cr | Rs. 0.3 Cr | + 650 % | + 172.73 % |
EPS in Rs | Rs. 0.21 | Rs. 0.07 | Rs. 0.56 | + 700 % | + 166.67 % |
In reviewing Solid Stone Company Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 25.4 % year-on-year growth, however, there was a minor increase of 71.21 % from the previous quarter. Expenses rose by 31.36 % compared to the previous year, with a 78.16 % increase quarter-on-quarter. Operating Profit dropped by -0.93 % annually, and saw a 38.96 % increase from the last quarter.
Net Profit showed yearly increase of 172.73 %, and experienced a 650 % increase from the previous quarter. Earnings Per Share (EPS) rose by 166.67 % annually, however rose by 700 % compared to the last quarter. In essence, while Solid Stone Company Ltd. 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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