Share the post "Sueryaa Knitwear ‘s Q2 Results: Profit Drops by 400% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sueryaa Knitwear Limited. Profit dropped by -383.33 % Year to Year, Sueryaa Knitwear Limited’s profitability dropped by -59.04 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -80.00 % Year to Year. EPS decreased by -96.67 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0.115 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.01 Cr | Rs. 0.2 Cr | Rs. 0.03 Cr | -85 % | + 200 % |
Operating Profit | Rs. -0.01 Cr | Rs. -0.09 Cr | Rs. -0.03 Cr | + 66.67 % | -200 % |
OPM % | 0 % | -78.26 % | 0 % | + 78.26 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0.002 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.01 Cr | Rs. -0.09 Cr | Rs. -0.03 Cr | + 66.67 % | -200 % |
Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. 0.01 Cr | Rs. -0.08 Cr | Rs. -0.03 Cr | + 62.5 % | -400 % |
EPS in Rs | Rs. 0.05 | Rs. -0.3 | Rs. -0.01 | + 96.67 % | -120 % |
Today, we’re looking at Sueryaa Knitwear Limited’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -85 % quarter-on-quarter, aligning with the annual rise of 200 %. Operating profit, while down -200 % compared to last year, faced a quarter-on-quarter increase of 66.67 %, signaling a short-term expansion in margins.
but an expansion of 78.26 % sequentially. Profit before tax declined annually by -200 % but saw an increase from the preceding quarter by 66.67 %.
Net profit fell by -400 % year-on-year but experienced a 62.5 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -120 % but a quarterly rise of 96.67 %. In summary, Sueryaa Knitwear 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. 0 Cr | Rs. 0.115 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.01 Cr | Rs. 0.2 Cr | Rs. 0.03 Cr | -85 % | + 200 % |
Operating Profit | Rs. -0.01 Cr | Rs. -0.09 Cr | Rs. -0.03 Cr | + 66.67 % | -200 % |
Net Profit | Rs. 0.01 Cr | Rs. -0.08 Cr | Rs. -0.03 Cr | + 62.5 % | -400 % |
EPS in Rs | Rs. 0.05 | Rs. -0.3 | Rs. -0.01 | + 96.67 % | -120 % |
In reviewing Sueryaa Knitwear Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 200 % compared to the previous year, with a decrease of -85 % quarter-on-quarter. Operating Profit dropped by -200 % annually, and saw a 66.67 % increase from the last quarter.
Net Profit showed yearly decrease of -400 %, and experienced a 62.5 % increase from the previous quarter. Earnings Per Share (EPS) fell by -120 % annually, however rose by 96.67 % compared to the last quarter. In essence, while Sueryaa Knitwear Limited faces strong annual decline 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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