Sanrhea Technical Textiles ‘s Latest Q2 Report: Profit Up by 16.5% Year-on-Year

The comprehensive analytics outlining the performance and outlook of Sanrhea Technical Textiles 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 Sanrhea Technical Textiles Ltd.’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 16.17 %. However, it did see a marginal increase of 17.23 % from the previous quarter. Expenses ticked up slightly by 16.18 % quarter-on-quarter, aligning with the annual rise of 15.18 %. Operating profit, while up 24.06 % compared to last year, faced a quarter-on-quarter increase of 25.41 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.74 %, but an expansion of 0.76 % sequentially. Other income fell by -29.31 % compared to the last quarter, despite an annual decline of -37.88 %. Interest expenses surged remarkably by 3.03 % from the previous quarter, yet the year-over-year increase remains at a moderate 54.55 %. Depreciation costs climbed by 57.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 51.85 %. Profit before tax grew annually by 11.03 % but saw an increase from the preceding quarter by 21.97 %.
Tax expenses as a percentage of profits decreased slightly by -2.91 % compared to last year, with a more notable quarter-on-quarter decrease of -1.82 %. Net profit rose by 16.5 % year-on-year but experienced a 25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.5 % but a quarterly rise of 25.65 %. In summary, Sanrhea Technical Textiles Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Sanrhea Technical Textiles Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.17 % year-on-year growth, however, there was a minor increase of 17.23 % from the previous quarter. Expenses rose by 15.18 % compared to the previous year, with a 16.18 % increase quarter-on-quarter. Operating Profit surged by 24.06 % annually, and saw a 25.41 % increase from the last quarter.
Net Profit showed yearly increase of 16.5 %, and experienced a 25 % increase from the previous quarter. Earnings Per Share (EPS) rose by 16.5 % annually, however rose by 25.65 % compared to the last quarter. In essence, while Sanrhea Technical Textiles Ltd. exhibits strong annual growth 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.