Sandur Manganese & Iron Ores : Q4 2024 Financial Quarterly Report : YoY Sales Down 9.21 %, QoQ Up 260.59 %

The comprehensive analytics outlining the performance and outlook of Sandur Manganese & Iron Ores Ltd.,”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Sandur Manganese & Iron Ores Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -9.21 %. However, it did see a marginal increase of 260.59 % from the previous quarter. Expenses ticked up slightly by 153.12 % quarter-on-quarter, aligning with the annual decline of -7.61 %. Operating profit, while down -11.73 % compared to last year, faced a quarter-on-quarter increase of 1115.93 %, 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 -1.08 %, but an expansion of 26.48 % sequentially. Other income rose by 118.91 % compared to the last quarter, despite an annual growth of 95.27 %. Interest expenses dropped significantly by -6.88 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35.22 %. Depreciation costs climbed by 0.69 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.84 %. Profit before tax declined annually by -3.44 % but saw an increase from the preceding quarter by 1677.21 %.
Tax expenses as a percentage of profits increased slightly by 2.13 % compared to last year, with a more notable quarter-on-quarter increase of 0.57 %. Net profit fell by -5.91 % year-on-year but experienced a 1703.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -84.31 % but a quarterly rise of 1703.57 %. In summary, Sandur Manganese & Iron Ores Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Sandur Manganese & Iron Ores Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.21 % year-on-year, however, there was a minor increase of 260.59 % from the previous quarter. Expenses decreased by -7.61 % compared to the previous year, with a 153.12 % increase quarter-on-quarter. Operating Profit dropped by -11.73 % annually, and saw a 1115.93 % increase from the last quarter.
Net Profit showed yearly decrease of -5.91 %, and experienced a 1703.86 % increase from the previous quarter. Earnings Per Share (EPS) fell by -84.31 % annually, however rose by 1703.57 % compared to the last quarter. In essence, while Sandur Manganese & Iron Ores Ltd., faces strong annual decline 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.