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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 40.82 % in the past year, decrease in net sales/revenue by -56.75 %.
- 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 41.21 %. Marginal increase in other income during this quarter, up by 9.06%.
- Profit over the Year and quarter: Significant improvement in profitability for Sandur Manganese & Iron Ores Limited. Notable increase of 19.13 % in net profit Year to Year, Sandur Manganese & Iron Ores Limited’s profitability dropped by -77.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -80.24 % Year to Year. EPS decreased by -77.8 % 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. 184.81 Cr | Rs. 601.67 Cr | Rs. 260.25 Cr | -56.75 % | + 40.82 % |
Expenses | Rs. 147.33 Cr | Rs. 412.79 Cr | Rs. 222.9 Cr | -46 % | + 51.29 % |
Operating Profit | Rs. 37.48 Cr | Rs. 188.88 Cr | Rs. 37.35 Cr | -80.23 % | -0.35 % |
OPM % | 20.28 % | 31.39 % | 14.35 % | -17.04 % | -5.93 % |
Other Income | Rs. 17.81 Cr | Rs. 23.06 Cr | Rs. 25.15 Cr | + 9.06 % | + 41.21 % |
Interest | Rs. 5.07 Cr | Rs. 4.23 Cr | Rs. 4.78 Cr | + 13 % | -5.72 % |
Depreciation | Rs. 14.43 Cr | Rs. 13.96 Cr | Rs. 14.47 Cr | + 3.65 % | + 0.28 % |
Profit before tax | Rs. 35.79 Cr | Rs. 193.75 Cr | Rs. 43.25 Cr | -77.68 % | + 20.84 % |
Tax % | 25.87 % | 25.16 % | 25.57 % | + 0.41 % | -0.3 % |
Net Profit | Rs. 26.98 Cr | Rs. 144.49 Cr | Rs. 32.14 Cr | -77.76 % | + 19.13 % |
EPS in Rs | Rs. 10.02 | Rs. 8.92 | Rs. 1.98 | -77.8 % | -80.24 % |
Today, we’re looking at Sandur Manganese & Iron Ores 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 40.82 %. However, it did see a marginal slip of -56.75 % from the previous quarter. Expenses decreased slightly by -46 % quarter-on-quarter, aligning with the annual rise of 51.29 %. Operating profit, while down -0.35 % compared to last year, faced a quarter-on-quarter dip of -80.23 %, 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 -5.93 %, but a shrinkage of -17.04 % sequentially. Other income rose by 9.06 % compared to the last quarter, despite an annual growth of 41.21 %. Interest expenses surged remarkably by 13 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.72 %. Depreciation costs climbed by 3.65 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.28 %. Profit before tax grew annually by 20.84 % but saw a reduction from the preceding quarter by -77.68 %.
Tax expenses as a percentage of profits decreased slightly by -0.3 % compared to last year, with a more notable quarter-on-quarter increase of 0.41 %. Net profit rose by 19.13 % year-on-year but witnessed a -77.76 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -80.24 % but a quarterly fall of -77.8 %. In summary, Sandur Manganese & Iron Ores 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. 184.81 Cr | Rs. 601.67 Cr | Rs. 260.25 Cr | -56.75 % | + 40.82 % |
Expenses | Rs. 147.33 Cr | Rs. 412.79 Cr | Rs. 222.9 Cr | -46 % | + 51.29 % |
Operating Profit | Rs. 37.48 Cr | Rs. 188.88 Cr | Rs. 37.35 Cr | -80.23 % | -0.35 % |
Net Profit | Rs. 26.98 Cr | Rs. 144.49 Cr | Rs. 32.14 Cr | -77.76 % | + 19.13 % |
EPS in Rs | Rs. 10.02 | Rs. 8.92 | Rs. 1.98 | -77.8 % | -80.24 % |
In reviewing Sandur Manganese & Iron Ores Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 40.82 % year-on-year growth, although there was a slight dip of -56.75 % from the previous quarter. Expenses rose by 51.29 % compared to the previous year, with a decrease of -46 % quarter-on-quarter. Operating Profit dropped by -0.35 % annually, and saw a -80.23 % decrease from the last quarter.
Net Profit showed yearly increase of 19.13 %, and experienced a -77.76 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -80.24 % annually, however dipped by -77.8 % compared to the last quarter. In essence, while Sandur Manganese & Iron Ores 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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