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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’s sales declined by -41.72 % over the year, decrease in net sales/revenue by -21.89 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -62.46 %, Marginal decrease of -61.84% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Salora International Limited. Profit dropped by -7.27 % Year to Year, Salora International Limited’s profitability increased by 7.37 % in this quarter.
- EPS over the Year and quarter: EPS declined by -8.00 % Year to Year. EPS increased by 6.98 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 42.877 Cr | Rs. 31.988 Cr | Rs. 24.987 Cr | -21.89 % | -41.72 % |
Expenses | Rs. 43.42 Cr | Rs. 32.48 Cr | Rs. 25.34 Cr | -21.98 % | -41.64 % |
Operating Profit | Rs. -0.54 Cr | Rs. -0.49 Cr | Rs. -0.35 Cr | + 28.57 % | + 35.19 % |
OPM % | -1.26 % | -1.53 % | -1.4 % | + 0.13 % | -0.14 % |
Other Income | Rs. 0.309 Cr | Rs. 0.304 Cr | Rs. 0.116 Cr | -61.84 % | -62.46 % |
Interest | Rs. 0.28 Cr | Rs. 0.27 Cr | Rs. 0.3 Cr | + 11.11 % | + 7.14 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.05 Cr | Rs. 0.06 Cr | + 20 % | + 20 % |
Profit before tax | Rs. -0.56 Cr | Rs. -0.51 Cr | Rs. -0.59 Cr | -15.69 % | -5.36 % |
Tax % | -22.54 % | -25.2 % | -30.73 % | -5.53 % | -8.19 % |
Net Profit | Rs. -0.44 Cr | Rs. -0.38 Cr | Rs. -0.41 Cr | -7.89 % | + 6.82 % |
EPS in Rs | Rs. -0.5 | Rs. -0.43 | Rs. -0.46 | -6.98 % | + 8 % |
Today, we’re looking at Salora International Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -41.72 %. However, it did see a marginal slip of -21.89 % from the previous quarter. Expenses decreased slightly by -21.98 % quarter-on-quarter, aligning with the annual decline of -41.64 %. Operating profit, while up 35.19 % compared to last year, faced a quarter-on-quarter increase of 28.57 %, 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 -0.14 %, but an expansion of 0.13 % sequentially. Other income fell by -61.84 % compared to the last quarter, despite an annual decline of -62.46 %. Interest expenses surged remarkably by 11.11 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.14 %. Depreciation costs climbed by 20 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20 %. Profit before tax declined annually by -5.36 % but saw a reduction from the preceding quarter by -15.69 %.
Tax expenses as a percentage of profits decreased slightly by -8.19 % compared to last year, with a more notable quarter-on-quarter decrease of -5.53 %. Net profit rose by 6.82 % year-on-year but witnessed a -7.89 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 8 % but a quarterly fall of -6.98 %. In summary, Salora International 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. 42.877 Cr | Rs. 31.988 Cr | Rs. 24.987 Cr | -21.89 % | -41.72 % |
Expenses | Rs. 43.42 Cr | Rs. 32.48 Cr | Rs. 25.34 Cr | -21.98 % | -41.64 % |
Operating Profit | Rs. -0.54 Cr | Rs. -0.49 Cr | Rs. -0.35 Cr | + 28.57 % | + 35.19 % |
Net Profit | Rs. -0.44 Cr | Rs. -0.38 Cr | Rs. -0.41 Cr | -7.89 % | + 6.82 % |
EPS in Rs | Rs. -0.5 | Rs. -0.43 | Rs. -0.46 | -6.98 % | + 8 % |
In reviewing Salora International Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -41.72 % year-on-year, although there was a slight dip of -21.89 % from the previous quarter. Expenses decreased by -41.64 % compared to the previous year, with a decrease of -21.98 % quarter-on-quarter. Operating Profit surged by 35.19 % annually, and saw a 28.57 % increase from the last quarter.
Net Profit showed yearly increase of 6.82 %, and experienced a -7.89 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 8 % annually, however dipped by -6.98 % compared to the last quarter. In essence, while Salora International 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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