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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 2.23 % in the past year, decrease in net sales/revenue by -4.25 %.
- 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 460.65 %. Marginal increase in other income during this quarter, up by 92.26%.
- Profit over the Year and quarter: Significant improvement in profitability for Salasar Techno Engineering Limited. Notable increase of 6.92 % in net profit Year to Year, Salasar Techno Engineering Limited’s profitability dropped by -7.77 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -79.31 % Year to Year. EPS decreased by -14.29 % 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. 275.353 Cr | Rs. 293.998 Cr | Rs. 281.49 Cr | -4.25 % | + 2.23 % |
Expenses | Rs. 250.44 Cr | Rs. 265.8 Cr | Rs. 255.84 Cr | -3.75 % | + 2.16 % |
Operating Profit | Rs. 24.91 Cr | Rs. 28.2 Cr | Rs. 25.65 Cr | -9.04 % | + 2.97 % |
OPM % | 9.05 % | 9.59 % | 9.11 % | -0.48 % | + 0.06 % |
Other Income | Rs. 0.31 Cr | Rs. 0.904 Cr | Rs. 1.738 Cr | + 92.26 % | + 460.65 % |
Interest | Rs. 10.6 Cr | Rs. 12.01 Cr | Rs. 11.88 Cr | -1.08 % | + 12.08 % |
Depreciation | Rs. 2.29 Cr | Rs. 3 Cr | Rs. 3.06 Cr | + 2 % | + 33.62 % |
Profit before tax | Rs. 12.33 Cr | Rs. 14.09 Cr | Rs. 12.45 Cr | -11.64 % | + 0.97 % |
Tax % | 26.61 % | 25.54 % | 22.26 % | -3.28 % | -4.35 % |
Net Profit | Rs. 9.05 Cr | Rs. 10.49 Cr | Rs. 9.68 Cr | -7.72 % | + 6.96 % |
EPS in Rs | Rs. 0.29 | Rs. 0.07 | Rs. 0.06 | -14.29 % | -79.31 % |
Today, we’re looking at Salasar Techno Engineering 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 2.23 %. However, it did see a marginal slip of -4.25 % from the previous quarter. Expenses decreased slightly by -3.75 % quarter-on-quarter, aligning with the annual rise of 2.16 %. Operating profit, while up 2.97 % compared to last year, faced a quarter-on-quarter dip of -9.04 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.06 %, but a shrinkage of -0.48 % sequentially. Other income rose by 92.26 % compared to the last quarter, despite an annual growth of 460.65 %. Interest expenses dropped significantly by -1.08 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.08 %. Depreciation costs climbed by 2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.62 %. Profit before tax grew annually by 0.97 % but saw a reduction from the preceding quarter by -11.64 %.
Tax expenses as a percentage of profits decreased slightly by -4.35 % compared to last year, with a more notable quarter-on-quarter decrease of -3.28 %. Net profit rose by 6.96 % year-on-year but witnessed a -7.72 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -79.31 % but a quarterly fall of -14.29 %. In summary, Salasar Techno Engineering 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. 275.353 Cr | Rs. 293.998 Cr | Rs. 281.49 Cr | -4.25 % | + 2.23 % |
Expenses | Rs. 250.44 Cr | Rs. 265.8 Cr | Rs. 255.84 Cr | -3.75 % | + 2.16 % |
Operating Profit | Rs. 24.91 Cr | Rs. 28.2 Cr | Rs. 25.65 Cr | -9.04 % | + 2.97 % |
Net Profit | Rs. 9.05 Cr | Rs. 10.49 Cr | Rs. 9.68 Cr | -7.72 % | + 6.96 % |
EPS in Rs | Rs. 0.29 | Rs. 0.07 | Rs. 0.06 | -14.29 % | -79.31 % |
In reviewing Salasar Techno Engineering Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.23 % year-on-year growth, although there was a slight dip of -4.25 % from the previous quarter. Expenses rose by 2.16 % compared to the previous year, with a decrease of -3.75 % quarter-on-quarter. Operating Profit surged by 2.97 % annually, and saw a -9.04 % decrease from the last quarter.
Net Profit showed yearly increase of 6.96 %, and experienced a -7.72 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -79.31 % annually, however dipped by -14.29 % compared to the last quarter. In essence, while Salasar Techno Engineering Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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