Saumya Consultants announces Q1 results: Profit Rises by 65.91% YoY

The comprehensive analytics outlining the performance and outlook of Saumya Consultants 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 Saumya Consultants Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 108.21 %. However, it did see a marginal slip of -22.3 % from the previous quarter. Expenses decreased slightly by -69.56 % quarter-on-quarter, aligning with the annual rise of 737.04 %. Operating profit, while up 55.43 % compared to last year, faced a quarter-on-quarter increase of 160 %, 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 -23.38 %, but an expansion of 48.3 % sequentially. Other income rose by 258.44 % compared to the last quarter, despite an annual growth of 607.69 %. Interest expenses dropped significantly by -66.67 % from the previous quarter, Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25 %. Profit before tax grew annually by 62.04 % but saw an increase from the preceding quarter by 167.86 %.
Tax expenses as a percentage of profits decreased slightly by -8.54 % compared to last year, with a more notable quarter-on-quarter decrease of -100.35 %. Net profit rose by 65.91 % year-on-year but experienced a 5600 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 65.94 % but a quarterly rise of 5593.1 %. In summary, Saumya Consultants Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Saumya Consultants Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 108.21 % year-on-year growth, although there was a slight dip of -22.3 % from the previous quarter. Expenses rose by 737.04 % compared to the previous year, with a decrease of -69.56 % quarter-on-quarter. Operating Profit surged by 55.43 % annually, and saw a 160 % increase from the last quarter.
Net Profit showed yearly increase of 65.91 %, and experienced a 5600 % increase from the previous quarter. Earnings Per Share (EPS) rose by 65.94 % annually, however rose by 5593.1 % compared to the last quarter. In essence, while Saumya Consultants 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.