Share the post "Sarthak Metals ‘s Q2 Update: Profit Falls by 84.94% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -40.94 % over the year, substantial increase in net sales/revenue by 12.58 %.
- 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 62.31 %. Marginal increase in other income during this quarter, up by 26.27%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sarthak Metals Limited. Profit dropped by -85.02 % Year to Year, Sarthak Metals Limited’s profitability dropped by -41.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -84.94 % Year to Year. EPS decreased by -38.38 % 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. 77.424 Cr | Rs. 40.614 Cr | Rs. 45.725 Cr | + 12.58 % | -40.94 % |
Expenses | Rs. 70.22 Cr | Rs. 38.99 Cr | Rs. 43.8 Cr | + 12.34 % | -37.62 % |
Operating Profit | Rs. 7.2 Cr | Rs. 1.62 Cr | Rs. 1.93 Cr | + 19.14 % | -73.19 % |
OPM % | 9.3 % | 3.99 % | 4.22 % | + 0.23 % | -5.08 % |
Other Income | Rs. 0.459 Cr | Rs. 0.59 Cr | Rs. 0.745 Cr | + 26.27 % | + 62.31 % |
Interest | Rs. 0.1 Cr | Rs. 0.12 Cr | Rs. 0.18 Cr | + 50 % | + 80 % |
Depreciation | Rs. 0.44 Cr | Rs. 0.53 Cr | Rs. 0.61 Cr | + 15.09 % | + 38.64 % |
Profit before tax | Rs. 7.12 Cr | Rs. 1.56 Cr | Rs. 1.89 Cr | + 21.15 % | -73.46 % |
Tax % | 22.64 % | 10.01 % | 56.02 % | + 46.01 % | + 33.38 % |
Net Profit | Rs. 5.51 Cr | Rs. 1.4 Cr | Rs. 0.83 Cr | -40.71 % | -84.94 % |
EPS in Rs | Rs. 4.05 | Rs. 0.99 | Rs. 0.61 | -38.38 % | -84.94 % |
Today, we’re looking at Sarthak Metals Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -40.94 %. However, it did see a marginal increase of 12.58 % from the previous quarter. Expenses ticked up slightly by 12.34 % quarter-on-quarter, aligning with the annual decline of -37.62 %. Operating profit, while down -73.19 % compared to last year, faced a quarter-on-quarter increase of 19.14 %, 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 -5.08 %, but an expansion of 0.23 % sequentially. Other income rose by 26.27 % compared to the last quarter, despite an annual growth of 62.31 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year increase remains at a moderate 80 %. Depreciation costs climbed by 15.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 38.64 %. Profit before tax declined annually by -73.46 % but saw an increase from the preceding quarter by 21.15 %.
Tax expenses as a percentage of profits increased slightly by 33.38 % compared to last year, with a more notable quarter-on-quarter increase of 46.01 %. Net profit fell by -84.94 % year-on-year but witnessed a -40.71 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -84.94 % but a quarterly fall of -38.38 %. In summary, Sarthak Metals 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. 77.424 Cr | Rs. 40.614 Cr | Rs. 45.725 Cr | + 12.58 % | -40.94 % |
Expenses | Rs. 70.22 Cr | Rs. 38.99 Cr | Rs. 43.8 Cr | + 12.34 % | -37.62 % |
Operating Profit | Rs. 7.2 Cr | Rs. 1.62 Cr | Rs. 1.93 Cr | + 19.14 % | -73.19 % |
Net Profit | Rs. 5.51 Cr | Rs. 1.4 Cr | Rs. 0.83 Cr | -40.71 % | -84.94 % |
EPS in Rs | Rs. 4.05 | Rs. 0.99 | Rs. 0.61 | -38.38 % | -84.94 % |
In reviewing Sarthak Metals Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -40.94 % year-on-year, however, there was a minor increase of 12.58 % from the previous quarter. Expenses decreased by -37.62 % compared to the previous year, with a 12.34 % increase quarter-on-quarter. Operating Profit dropped by -73.19 % annually, and saw a 19.14 % increase from the last quarter.
Net Profit showed yearly decrease of -84.94 %, and experienced a -40.71 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -84.94 % annually, however dipped by -38.38 % compared to the last quarter. In essence, while Sarthak Metals 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=”Sarthak Metals Limited”]