Share the post "Sat Industries ‘s Q2 Results: Profit Drops by 87.2% YoY"
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 0.59 % in the past year, substantial increase in net sales/revenue by 12.38 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -94.02 %, Marginal increase in other income during this quarter, up by 62.14%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sat Industries Limited. Profit dropped by -87.2 % Year to Year, Sat Industries Limited’s profitability increased by 24.2 % in this quarter.
- EPS over the Year and quarter: EPS declined by -87.19 % Year to Year. EPS increased by 24.53 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 136.982 Cr | Rs. 122.612 Cr | Rs. 137.794 Cr | + 12.38 % | + 0.59 % |
Expenses | Rs. 117.36 Cr | Rs. 101.17 Cr | Rs. 112.89 Cr | + 11.58 % | -3.81 % |
Operating Profit | Rs. 19.62 Cr | Rs. 21.44 Cr | Rs. 24.9 Cr | + 16.14 % | + 26.91 % |
OPM % | 14.32 % | 17.49 % | 18.07 % | + 0.58 % | + 3.75 % |
Other Income | Rs. 186.665 Cr | Rs. 6.88 Cr | Rs. 11.155 Cr | + 62.14 % | -94.02 % |
Interest | Rs. 3.31 Cr | Rs. 1.34 Cr | Rs. 1.69 Cr | + 26.12 % | -48.94 % |
Depreciation | Rs. 2.22 Cr | Rs. 3.16 Cr | Rs. 3.45 Cr | + 9.18 % | + 55.41 % |
Profit before tax | Rs. 200.76 Cr | Rs. 23.82 Cr | Rs. 30.92 Cr | + 29.81 % | -84.6 % |
Tax % | 12.93 % | 24.4 % | 27.67 % | + 3.27 % | + 14.74 % |
Net Profit | Rs. 174.81 Cr | Rs. 18.01 Cr | Rs. 22.37 Cr | + 24.21 % | -87.2 % |
EPS in Rs | Rs. 15.46 | Rs. 1.59 | Rs. 1.98 | + 24.53 % | -87.19 % |
Today, we’re looking at Sat Industries 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 0.59 %. However, it did see a marginal increase of 12.38 % from the previous quarter. Expenses ticked up slightly by 11.58 % quarter-on-quarter, aligning with the annual decline of -3.81 %. Operating profit, while up 26.91 % compared to last year, faced a quarter-on-quarter increase of 16.14 %, 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 3.75 %, but an expansion of 0.58 % sequentially. Other income rose by 62.14 % compared to the last quarter, despite an annual decline of -94.02 %. Interest expenses surged remarkably by 26.12 % from the previous quarter, yet the year-over-year decrease remains at a moderate -48.94 %. Depreciation costs climbed by 9.18 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 55.41 %. Profit before tax declined annually by -84.6 % but saw an increase from the preceding quarter by 29.81 %.
Tax expenses as a percentage of profits increased slightly by 14.74 % compared to last year, with a more notable quarter-on-quarter increase of 3.27 %. Net profit fell by -87.2 % year-on-year but experienced a 24.21 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -87.19 % but a quarterly rise of 24.53 %. In summary, Sat Industries 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. 136.982 Cr | Rs. 122.612 Cr | Rs. 137.794 Cr | + 12.38 % | + 0.59 % |
Expenses | Rs. 117.36 Cr | Rs. 101.17 Cr | Rs. 112.89 Cr | + 11.58 % | -3.81 % |
Operating Profit | Rs. 19.62 Cr | Rs. 21.44 Cr | Rs. 24.9 Cr | + 16.14 % | + 26.91 % |
Net Profit | Rs. 174.81 Cr | Rs. 18.01 Cr | Rs. 22.37 Cr | + 24.21 % | -87.2 % |
EPS in Rs | Rs. 15.46 | Rs. 1.59 | Rs. 1.98 | + 24.53 % | -87.19 % |
In reviewing Sat Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.59 % year-on-year growth, however, there was a minor increase of 12.38 % from the previous quarter. Expenses decreased by -3.81 % compared to the previous year, with a 11.58 % increase quarter-on-quarter. Operating Profit surged by 26.91 % annually, and saw a 16.14 % increase from the last quarter.
Net Profit showed yearly decrease of -87.2 %, and experienced a 24.21 % increase from the previous quarter. Earnings Per Share (EPS) fell by -87.19 % annually, however rose by 24.53 % compared to the last quarter. In essence, while Sat Industries Limited 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.
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