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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 experienced a substantial growth of 17.62 % in the past year, decrease in net sales/revenue by -5.8 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -69.81 %, Marginal increase in other income during this quarter, up by 14.29%.
- Profit over the Year and quarter: Significant improvement in profitability for SAL AUTOMOTIVE LIMITED. Notable increase of 5.37 % in net profit Year to Year, SAL AUTOMOTIVE LIMITED’s profitability increased by 6.08 % in this quarter.
- EPS over the Year and quarter: EPS increased by 4.98 % Year to Year. EPS increased by 6 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 80.27 Cr | Rs. 100.22 Cr | Rs. 94.41 Cr | -5.8 % | + 17.62 % |
Expenses | Rs. 76.96 Cr | Rs. 96.63 Cr | Rs. 90.92 Cr | -5.91 % | + 18.14 % |
Operating Profit | Rs. 3.31 Cr | Rs. 3.59 Cr | Rs. 3.49 Cr | -2.79 % | + 5.44 % |
OPM % | 4.12 % | 3.58 % | 3.7 % | + 0.12 % | -0.42 % |
Other Income | Rs. 0.53 Cr | Rs. 0.14 Cr | Rs. 0.16 Cr | + 14.29 % | -69.81 % |
Interest | Rs. 0.76 Cr | Rs. 0.59 Cr | Rs. 0.52 Cr | -11.86 % | -31.58 % |
Depreciation | Rs. 1.06 Cr | Rs. 1.04 Cr | Rs. 1.08 Cr | + 3.85 % | + 1.89 % |
Profit before tax | Rs. 2.02 Cr | Rs. 2.1 Cr | Rs. 2.05 Cr | -2.38 % | + 1.49 % |
Tax % | 26.24 % | 29.52 % | 23.41 % | -6.11 % | -2.83 % |
Net Profit | Rs. 1.49 Cr | Rs. 1.48 Cr | Rs. 1.57 Cr | + 6.08 % | + 5.37 % |
EPS in Rs | Rs. 6.23 | Rs. 6.17 | Rs. 6.54 | + 6 % | + 4.98 % |
Today, we’re looking at SAL AUTOMOTIVE LIMITED’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 17.62 %. However, it did see a marginal slip of -5.8 % from the previous quarter. Expenses decreased slightly by -5.91 % quarter-on-quarter, aligning with the annual rise of 18.14 %. Operating profit, while up 5.44 % compared to last year, faced a quarter-on-quarter dip of -2.79 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.42 %, but an expansion of 0.12 % sequentially. Other income rose by 14.29 % compared to the last quarter, despite an annual decline of -69.81 %. Interest expenses dropped significantly by -11.86 % from the previous quarter, yet the year-over-year decrease remains at a moderate -31.58 %. Depreciation costs climbed by 3.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.89 %. Profit before tax grew annually by 1.49 % but saw a reduction from the preceding quarter by -2.38 %.
Tax expenses as a percentage of profits decreased slightly by -2.83 % compared to last year, with a more notable quarter-on-quarter decrease of -6.11 %. Net profit rose by 5.37 % year-on-year but experienced a 6.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.98 % but a quarterly rise of 6 %. In summary, SAL AUTOMOTIVE 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. 80.27 Cr | Rs. 100.22 Cr | Rs. 94.41 Cr | -5.8 % | + 17.62 % |
Expenses | Rs. 76.96 Cr | Rs. 96.63 Cr | Rs. 90.92 Cr | -5.91 % | + 18.14 % |
Operating Profit | Rs. 3.31 Cr | Rs. 3.59 Cr | Rs. 3.49 Cr | -2.79 % | + 5.44 % |
Net Profit | Rs. 1.49 Cr | Rs. 1.48 Cr | Rs. 1.57 Cr | + 6.08 % | + 5.37 % |
EPS in Rs | Rs. 6.23 | Rs. 6.17 | Rs. 6.54 | + 6 % | + 4.98 % |
In reviewing SAL AUTOMOTIVE LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.62 % year-on-year growth, although there was a slight dip of -5.8 % from the previous quarter. Expenses rose by 18.14 % compared to the previous year, with a decrease of -5.91 % quarter-on-quarter. Operating Profit surged by 5.44 % annually, and saw a -2.79 % decrease from the last quarter.
Net Profit showed yearly increase of 5.37 %, and experienced a 6.08 % increase from the previous quarter. Earnings Per Share (EPS) rose by 4.98 % annually, however rose by 6 % compared to the last quarter. In essence, while SAL AUTOMOTIVE 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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