Share the post "Seya Industries ‘s Q2 Results: Profit Drops by 45.45% YoY"
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 -25.42 % over the year, decrease in net sales/revenue by -20.67 %.
- 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 33.2 %. Marginal decrease of -28.09% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Seya Industries Limited. Notable increase of 44.75 % in net profit Year to Year, Seya Industries Limited’s profitability increased by 188.18 % in this quarter.
- EPS over the Year and quarter: EPS increased by 50.00 % Year to Year. EPS increased by 200 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3.057 Cr | Rs. 2.874 Cr | Rs. 2.28 Cr | -20.67 % | -25.42 % |
Expenses | Rs. 1.01 Cr | Rs. 2.34 Cr | Rs. 0.98 Cr | -58.12 % | -2.97 % |
Operating Profit | Rs. 2.05 Cr | Rs. 0.53 Cr | Rs. 1.3 Cr | + 145.28 % | -36.59 % |
OPM % | 67.06 % | 18.44 % | 57.02 % | + 38.58 % | -10.04 % |
Other Income | Rs. 1.816 Cr | Rs. 3.364 Cr | Rs. 2.419 Cr | -28.09 % | + 33.2 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 4.52 Cr | Rs. 4.48 Cr | Rs. 4.53 Cr | + 1.12 % | + 0.22 % |
Profit before tax | Rs. -0.65 Cr | Rs. -0.59 Cr | Rs. -0.81 Cr | -37.29 % | -24.62 % |
Tax % | -66.36 % | -80.94 % | -60.86 % | + 20.08 % | + 5.5 % |
Net Profit | Rs. -0.22 Cr | Rs. -0.11 Cr | Rs. -0.32 Cr | -190.91 % | -45.45 % |
EPS in Rs | Rs. -0.08 | Rs. -0.04 | Rs. -0.12 | -200 % | -50 % |
Today, we’re looking at Seya Industries 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 -25.42 %. However, it did see a marginal slip of -20.67 % from the previous quarter. Expenses decreased slightly by -58.12 % quarter-on-quarter, aligning with the annual decline of -2.97 %. Operating profit, while down -36.59 % compared to last year, faced a quarter-on-quarter increase of 145.28 %, 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 -10.04 %, but an expansion of 38.58 % sequentially. Other income fell by -28.09 % compared to the last quarter, despite an annual growth of 33.2 %. Depreciation costs climbed by 1.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.22 %. Profit before tax declined annually by -24.62 % but saw a reduction from the preceding quarter by -37.29 %.
Tax expenses as a percentage of profits increased slightly by 5.5 % compared to last year, with a more notable quarter-on-quarter increase of 20.08 %. Net profit fell by -45.45 % year-on-year but witnessed a -190.91 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50 % but a quarterly fall of -200 %. In summary, Seya 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. 3.057 Cr | Rs. 2.874 Cr | Rs. 2.28 Cr | -20.67 % | -25.42 % |
Expenses | Rs. 1.01 Cr | Rs. 2.34 Cr | Rs. 0.98 Cr | -58.12 % | -2.97 % |
Operating Profit | Rs. 2.05 Cr | Rs. 0.53 Cr | Rs. 1.3 Cr | + 145.28 % | -36.59 % |
Net Profit | Rs. -0.22 Cr | Rs. -0.11 Cr | Rs. -0.32 Cr | -190.91 % | -45.45 % |
EPS in Rs | Rs. -0.08 | Rs. -0.04 | Rs. -0.12 | -200 % | -50 % |
In reviewing Seya Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.42 % year-on-year, although there was a slight dip of -20.67 % from the previous quarter. Expenses decreased by -2.97 % compared to the previous year, with a decrease of -58.12 % quarter-on-quarter. Operating Profit dropped by -36.59 % annually, and saw a 145.28 % increase from the last quarter.
Net Profit showed yearly decrease of -45.45 %, and experienced a -190.91 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -50 % annually, however dipped by -200 % compared to the last quarter. In essence, while Seya Industries Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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