Share the post "Sanathnagar Enterprises ‘s Q2 Report: Profit Decreases by 12133.33% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Significant improvement in profitability for Sanathnagar Enterprises Limited. Notable increase of 12126.67 % in net profit Year to Year, Sanathnagar Enterprises Limited’s profitability increased by 6692.59 % in this quarter.
- EPS over the Year and quarter: EPS increased by 12,833.33 % Year to Year. EPS increased by 6747.06 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.07 Cr | Rs. 0.05 Cr | Rs. 0.14 Cr | + 180 % | + 100 % |
Operating Profit | Rs. -0.07 Cr | Rs. -0.05 Cr | Rs. -0.14 Cr | -180 % | -100 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.039 Cr | Rs. 0 Cr | Rs. 0.185 Cr | 0 % | + 374.36 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.03 Cr | Rs. -0.05 Cr | Rs. 0.05 Cr | + 200 % | + 266.67 % |
Tax % | -0 % | -0 % | 8833.33 % | + 8833.33 % | + 8833.33 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.05 Cr | Rs. -3.67 Cr | -7240 % | -12133.33 % |
EPS in Rs | Rs. -0.09 | Rs. -0.17 | Rs. -11.64 | -6747.06 % | -12833.33 % |
Today, we’re looking at Sanathnagar Enterprises Limited’s financial performance for the Q2(Sep 2024).Expenses ticked up slightly by 180 % quarter-on-quarter, aligning with the annual rise of 100 %. Operating profit, while down -100 % compared to last year, faced a quarter-on-quarter dip of -180 %, signaling a short-term contraction in margins.
despite an annual growth of 374.36 %. Profit before tax grew annually by 266.67 % but saw an increase from the preceding quarter by 200 %.
Tax expenses as a percentage of profits increased slightly by 8833.33 % compared to last year, with a more notable quarter-on-quarter increase of 8833.33 %. Net profit fell by -12133.33 % year-on-year but witnessed a -7240 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -12833.33 % but a quarterly fall of -6747.06 %. In summary, Sanathnagar Enterprises 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.07 Cr | Rs. 0.05 Cr | Rs. 0.14 Cr | + 180 % | + 100 % |
Operating Profit | Rs. -0.07 Cr | Rs. -0.05 Cr | Rs. -0.14 Cr | -180 % | -100 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.05 Cr | Rs. -3.67 Cr | -7240 % | -12133.33 % |
EPS in Rs | Rs. -0.09 | Rs. -0.17 | Rs. -11.64 | -6747.06 % | -12833.33 % |
In reviewing Sanathnagar Enterprises Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 100 % compared to the previous year, with a 180 % increase quarter-on-quarter. Operating Profit dropped by -100 % annually, and saw a -180 % decrease from the last quarter.
Net Profit showed yearly decrease of -12133.33 %, and experienced a -7240 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -12833.33 % annually, however dipped by -6747.06 % compared to the last quarter. In essence, while Sanathnagar Enterprises Limited faces strong annual decline 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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