Share the post "Sacheta Metals ‘s Latest Q2 Report: Profit Up by 35.14% Year-on-Year"
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 11.37 % in the past year, substantial increase in net sales/revenue by 44.3 %.
- 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 152.63 %. Marginal decrease of -37.66% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Sacheta Metals Ltd.. Notable increase of 35.14 % in net profit Year to Year, Sacheta Metals Ltd.’s profitability increased by 47.06 % in this quarter.
- EPS over the Year and quarter: EPS increased by 400.00 % Year to Year. EPS increased by 566.67 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 21.82 Cr | Rs. 16.84 Cr | Rs. 24.3 Cr | + 44.3 % | + 11.37 % |
Expenses | Rs. 20.88 Cr | Rs. 16.4 Cr | Rs. 23.39 Cr | + 42.62 % | + 12.02 % |
Operating Profit | Rs. 0.94 Cr | Rs. 0.44 Cr | Rs. 0.91 Cr | + 106.82 % | -3.19 % |
OPM % | 4.31 % | 2.61 % | 3.74 % | + 1.13 % | -0.57 % |
Other Income | Rs. 0.19 Cr | Rs. 0.77 Cr | Rs. 0.48 Cr | -37.66 % | + 152.63 % |
Interest | Rs. 0.19 Cr | Rs. 0.27 Cr | Rs. 0.28 Cr | + 3.7 % | + 47.37 % |
Depreciation | Rs. 0.45 Cr | Rs. 0.46 Cr | Rs. 0.47 Cr | + 2.17 % | + 4.44 % |
Profit before tax | Rs. 0.49 Cr | Rs. 0.48 Cr | Rs. 0.64 Cr | + 33.33 % | + 30.61 % |
Tax % | 24.49 % | 29.17 % | 21.88 % | -7.29 % | -2.61 % |
Net Profit | Rs. 0.37 Cr | Rs. 0.34 Cr | Rs. 0.5 Cr | + 47.06 % | + 35.14 % |
EPS in Rs | Rs. 0.04 | Rs. 0.03 | Rs. 0.2 | + 566.67 % | + 400 % |
Today, we’re looking at Sacheta Metals 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 11.37 %. However, it did see a marginal increase of 44.3 % from the previous quarter. Expenses ticked up slightly by 42.62 % quarter-on-quarter, aligning with the annual rise of 12.02 %. Operating profit, while down -3.19 % compared to last year, faced a quarter-on-quarter increase of 106.82 %, 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 -0.57 %, but an expansion of 1.13 % sequentially. Other income fell by -37.66 % compared to the last quarter, despite an annual growth of 152.63 %. Interest expenses surged remarkably by 3.7 % from the previous quarter, yet the year-over-year increase remains at a moderate 47.37 %. Depreciation costs climbed by 2.17 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.44 %. Profit before tax grew annually by 30.61 % but saw an increase from the preceding quarter by 33.33 %.
Tax expenses as a percentage of profits decreased slightly by -2.61 % compared to last year, with a more notable quarter-on-quarter decrease of -7.29 %. Net profit rose by 35.14 % year-on-year but experienced a 47.06 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 400 % but a quarterly rise of 566.67 %. In summary, Sacheta Metals 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. 21.82 Cr | Rs. 16.84 Cr | Rs. 24.3 Cr | + 44.3 % | + 11.37 % |
Expenses | Rs. 20.88 Cr | Rs. 16.4 Cr | Rs. 23.39 Cr | + 42.62 % | + 12.02 % |
Operating Profit | Rs. 0.94 Cr | Rs. 0.44 Cr | Rs. 0.91 Cr | + 106.82 % | -3.19 % |
Net Profit | Rs. 0.37 Cr | Rs. 0.34 Cr | Rs. 0.5 Cr | + 47.06 % | + 35.14 % |
EPS in Rs | Rs. 0.04 | Rs. 0.03 | Rs. 0.2 | + 566.67 % | + 400 % |
In reviewing Sacheta Metals Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.37 % year-on-year growth, however, there was a minor increase of 44.3 % from the previous quarter. Expenses rose by 12.02 % compared to the previous year, with a 42.62 % increase quarter-on-quarter. Operating Profit dropped by -3.19 % annually, and saw a 106.82 % increase from the last quarter.
Net Profit showed yearly increase of 35.14 %, and experienced a 47.06 % increase from the previous quarter. Earnings Per Share (EPS) rose by 400 % annually, however rose by 566.67 % compared to the last quarter. In essence, while Sacheta Metals 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.
[my_shortcode1 values=”Sacheta Metals Ltd.”]