Highlights
- Sales over the Year and quarter:
- 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 144.44 %. Marginal decrease of -4.35% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Satyam Silk Mills Ltd. Notable increase of 62.5 % in net profit Year to Year, Satyam Silk Mills Ltd’s profitability dropped by -67.23 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 61.54 % Year to Year. EPS decreased by -67.19 % 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.09 Cr | Rs. 0.12 Cr | Rs. 0.34 Cr | + 183.33 % | + 277.78 % |
| Operating Profit | Rs. -0.09 Cr | Rs. -0.12 Cr | Rs. -0.34 Cr | -183.33 % | -277.78 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.18 Cr | Rs. 0.46 Cr | Rs. 0.44 Cr | -4.35 % | + 144.44 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.09 Cr | Rs. 0.34 Cr | Rs. 0.1 Cr | -70.59 % | + 11.11 % |
| Tax % | 44.19 % | 28.18 % | 25.71 % | -2.47 % | -18.48 % |
| Net Profit | Rs. 0.05 Cr | Rs. 0.24 Cr | Rs. 0.08 Cr | -66.67 % | + 60 % |
| EPS in Rs | Rs. 0.26 | Rs. 1.28 | Rs. 0.42 | -67.19 % | + 61.54 % |
Today, we’re looking at Satyam Silk Mills Ltd’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 183.33 % quarter-on-quarter, aligning with the annual rise of 277.78 %. Operating profit, while down -277.78 % compared to last year, faced a quarter-on-quarter dip of -183.33 %, signaling a short-term contraction in margins.
Other income fell by -4.35 % compared to the last quarter, despite an annual growth of 144.44 %. Profit before tax grew annually by 11.11 % but saw a reduction from the preceding quarter by -70.59 %.
Tax expenses as a percentage of profits decreased slightly by -18.48 % compared to last year, with a more notable quarter-on-quarter decrease of -2.47 %. Net profit rose by 60 % year-on-year but witnessed a -66.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 61.54 % but a quarterly fall of -67.19 %. In summary, Satyam Silk Mills Ltd’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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.09 Cr | Rs. 0.12 Cr | Rs. 0.34 Cr | + 183.33 % | + 277.78 % |
| Operating Profit | Rs. -0.09 Cr | Rs. -0.12 Cr | Rs. -0.34 Cr | -183.33 % | -277.78 % |
| Net Profit | Rs. 0.05 Cr | Rs. 0.24 Cr | Rs. 0.08 Cr | -66.67 % | + 60 % |
| EPS in Rs | Rs. 0.26 | Rs. 1.28 | Rs. 0.42 | -67.19 % | + 61.54 % |
In reviewing Satyam Silk Mills Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 277.78 % compared to the previous year, with a 183.33 % increase quarter-on-quarter. Operating Profit dropped by -277.78 % annually, and saw a -183.33 % decrease from the last quarter.
Net Profit showed yearly increase of 60 %, and experienced a -66.67 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 61.54 % annually, however dipped by -67.19 % compared to the last quarter. In essence, while Satyam Silk Mills Ltd 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.
