NIFTY 50 23415.15 ▲ (0.3%)
NIFTY NEXT 50 65001.65 ▼ (0.16%)
NIFTY 100 24101.2 ▲ (0.22%)
NIFTY MIDCAP 100 55118.45 ▲ (0.02%)
NIFTY SMALLCAP 100 17936.45 ▲ (0.4%)
NIFTY SMALLCAP 250 16918.6 ▲ (0.46%)
NIFTY MIDCAP SELECT 12325.1 ▼ (0.25%)
NIFTY TOTAL MARKET 12335.95 ▲ (0.25%)
NIFTY BANK 49318.85 ▼ (0.06%)
SENSEX 77176.46 ▲ (0.13%)
BSE BANKEX 55964.97 ▼ (0.13%)

Sangam (India) Q4 2024 Quarterly Earnings: YoY Sales Up 2.4 %, QoQ Up 12.88 %

May 13, 2024May 13, 2024| adminadmin| 0 Comments| 5:25 pm
Image is loading
Categories:

Share the post "Sangam (India) Q4 2024 Quarterly Earnings: YoY Sales Up 2.4 %, QoQ Up 12.88 %"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 2.4 % in the past year, substantial increase in net sales/revenue by 12.88 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -32.35 %, Marginal increase in other income during this quarter, up by 26.03%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Sangam (India) Limited. Profit dropped by -54.66 % Year to Year, Sangam (India) Limited’s profitability increased by 258.53 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -54.64 % Year to Year. EPS increased by 180 % in previous quarter. Positive impact on shareholders.

 

 

The comprehensive analytics outlining the performance and outlook of Sangam (India) Limited”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.

 

 

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 684.7 Cr Rs. 621.1 Cr Rs. 701.12 Cr + 12.88 % + 2.4 %
Expenses Rs. 613.81 Cr Rs. 572.66 Cr Rs. 634.43 Cr + 10.79 % + 3.36 %
Operating Profit Rs. 70.89 Cr Rs. 48.44 Cr Rs. 66.69 Cr + 37.68 % -5.92 %
OPM % 10.35 % 7.8 % 9.51 % + 1.71 % -0.84 %
Other Income Rs. 5.44 Cr Rs. 2.92 Cr Rs. 3.68 Cr + 26.03 % -32.35 %
Interest Rs. 9.77 Cr Rs. 18.42 Cr Rs. 23.34 Cr + 26.71 % + 138.89 %
Depreciation Rs. 13.72 Cr Rs. 26.9 Cr Rs. 26.12 Cr -2.9 % + 90.38 %
Profit before tax Rs. 52.84 Cr Rs. 6.04 Cr Rs. 20.91 Cr + 246.19 % -60.43 %
Tax % 14.18 % 13.01 % 29.04 % + 16.03 % + 14.86 %
Net Profit Rs. 30.13 Cr Rs. 3.81 Cr Rs. 13.66 Cr + 258.53 % -54.66 %
EPS in Rs Rs. 6.79 Rs. 1.1 Rs. 3.08 + 180 % -54.64 %

Today, we’re looking at Sangam (India) Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 2.4 %. However, it did see a marginal increase of 12.88 % from the previous quarter. Expenses ticked up slightly by 10.79 % quarter-on-quarter, aligning with the annual rise of 3.36 %. Operating profit, while down -5.92 % compared to last year, faced a quarter-on-quarter increase of 37.68 %, 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 -0.84 %, but an expansion of 1.71 % sequentially. Other income rose by 26.03 % compared to the last quarter, despite an annual decline of -32.35 %. Interest expenses surged remarkably by 26.71 % from the previous quarter, yet the year-over-year increase remains at a moderate 138.89 %. Depreciation costs fell by -2.9 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 90.38 %. Profit before tax declined annually by -60.43 % but saw an increase from the preceding quarter by 246.19 %.
Tax expenses as a percentage of profits increased slightly by 14.86 % compared to last year, with a more notable quarter-on-quarter increase of 16.03 %. Net profit fell by -54.66 % year-on-year but experienced a 258.53 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -54.64 % but a quarterly rise of 180 %. In summary, Sangam (India) 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. 684.7 Cr Rs. 621.1 Cr Rs. 701.12 Cr + 12.88 % + 2.4 %
Expenses Rs. 613.81 Cr Rs. 572.66 Cr Rs. 634.43 Cr + 10.79 % + 3.36 %
Operating Profit Rs. 70.89 Cr Rs. 48.44 Cr Rs. 66.69 Cr + 37.68 % -5.92 %
Net Profit Rs. 30.13 Cr Rs. 3.81 Cr Rs. 13.66 Cr + 258.53 % -54.66 %
EPS in Rs Rs. 6.79 Rs. 1.1 Rs. 3.08 + 180 % -54.64 %

In reviewing Sangam (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.4 % year-on-year growth, however, there was a minor increase of 12.88 % from the previous quarter. Expenses rose by 3.36 % compared to the previous year, with a 10.79 % increase quarter-on-quarter. Operating Profit dropped by -5.92 % annually, and saw a 37.68 % increase from the last quarter.
Net Profit showed yearly decrease of -54.66 %, and experienced a 258.53 % increase from the previous quarter. Earnings Per Share (EPS) fell by -54.64 % annually, however rose by 180 % compared to the last quarter. In essence, while Sangam (India) Limited 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.

 

[my_shortcode1 values=”Sangam (India) “]

Related Post