Share the post "Sangam (India) ‘s Q3 2024-25 Latest News: Profit Drops by 87.93% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 17.31 % in the past year, substantial increase in net sales/revenue by 10.53 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -269.43 %, Marginal decrease of -567.47% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Sangam (India) Limited. Profit dropped by -87.93 % Year to Year, Sangam (India) Limited’s profitability dropped by -89 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -90.98 % Year to Year. EPS decreased by -88.54 % 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. 636.07 Cr | Rs. 675.1 Cr | Rs. 746.16 Cr | + 10.53 % | + 17.31 % |
Expenses | Rs. 590.68 Cr | Rs. 624.22 Cr | Rs. 687.33 Cr | + 10.11 % | + 16.36 % |
Operating Profit | Rs. 45.39 Cr | Rs. 50.88 Cr | Rs. 58.83 Cr | + 15.63 % | + 29.61 % |
OPM % | 7.14 % | 7.54 % | 7.88 % | + 0.34 % | + 0.74 % |
Other Income | Rs. 2.29 Cr | Rs. 0.83 Cr | Rs. -3.88 Cr | -567.47 % | -269.43 % |
Interest | Rs. 17.43 Cr | Rs. 23.71 Cr | Rs. 21.58 Cr | -8.98 % | + 23.81 % |
Depreciation | Rs. 25.31 Cr | Rs. 25.87 Cr | Rs. 26.88 Cr | + 3.9 % | + 6.2 % |
Profit before tax | Rs. 4.94 Cr | Rs. 2.13 Cr | Rs. 6.49 Cr | + 204.69 % | + 31.38 % |
Tax % | 11.13 % | 126.29 % | 91.83 % | -34.46 % | + 80.7 % |
Net Profit | Rs. 4.39 Cr | Rs. 4.82 Cr | Rs. 0.53 Cr | -89 % | -87.93 % |
EPS in Rs | Rs. 1.22 | Rs. 0.96 | Rs. 0.11 | -88.54 % | -90.98 % |
Today, we’re looking at Sangam (India) Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 17.31 %. However, it did see a marginal increase of 10.53 % from the previous quarter. Expenses ticked up slightly by 10.11 % quarter-on-quarter, aligning with the annual rise of 16.36 %. Operating profit, while up 29.61 % compared to last year, faced a quarter-on-quarter increase of 15.63 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.74 %, but an expansion of 0.34 % sequentially. Other income fell by -567.47 % compared to the last quarter, despite an annual decline of -269.43 %. Interest expenses dropped significantly by -8.98 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.81 %. Depreciation costs climbed by 3.9 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.2 %. Profit before tax grew annually by 31.38 % but saw an increase from the preceding quarter by 204.69 %.
Tax expenses as a percentage of profits increased slightly by 80.7 % compared to last year, with a more notable quarter-on-quarter decrease of -34.46 %. Net profit fell by -87.93 % year-on-year but witnessed a -89 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -90.98 % but a quarterly fall of -88.54 %. In summary, Sangam (India) 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. 636.07 Cr | Rs. 675.1 Cr | Rs. 746.16 Cr | + 10.53 % | + 17.31 % |
Expenses | Rs. 590.68 Cr | Rs. 624.22 Cr | Rs. 687.33 Cr | + 10.11 % | + 16.36 % |
Operating Profit | Rs. 45.39 Cr | Rs. 50.88 Cr | Rs. 58.83 Cr | + 15.63 % | + 29.61 % |
Net Profit | Rs. 4.39 Cr | Rs. 4.82 Cr | Rs. 0.53 Cr | -89 % | -87.93 % |
EPS in Rs | Rs. 1.22 | Rs. 0.96 | Rs. 0.11 | -88.54 % | -90.98 % |
In reviewing Sangam (India) Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.31 % year-on-year growth, however, there was a minor increase of 10.53 % from the previous quarter. Expenses rose by 16.36 % compared to the previous year, with a 10.11 % increase quarter-on-quarter. Operating Profit surged by 29.61 % annually, and saw a 15.63 % increase from the last quarter.
Net Profit showed yearly decrease of -87.93 %, and experienced a -89 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -90.98 % annually, however dipped by -88.54 % compared to the last quarter. In essence, while Sangam (India) 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.