Share the post "Shree Precoated Steels ‘s Q2 Results: Profit Drops by 23.08% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Significant improvement in profitability for Shree Precoated Steels Limited. Notable increase of 23.08 % in net profit Year to Year, Shree Precoated Steels Limited’s profitability increased by 23.08 % in this quarter.
- EPS over the Year and quarter: EPS increased by 25.81 % Year to Year. EPS increased by 25.81 % in previous quarter. Positive impact on shareholders.
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. 0.13 Cr | Rs. 0.13 Cr | Rs. 0.16 Cr | + 23.08 % | + 23.08 % |
Operating Profit | Rs. -0.13 Cr | Rs. -0.13 Cr | Rs. -0.16 Cr | -23.08 % | -23.08 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
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. -0.13 Cr | Rs. -0.13 Cr | Rs. -0.16 Cr | -23.08 % | -23.08 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.13 Cr | Rs. -0.13 Cr | Rs. -0.16 Cr | -23.08 % | -23.08 % |
EPS in Rs | Rs. -0.31 | Rs. -0.31 | Rs. -0.39 | -25.81 % | -25.81 % |
Today, we’re looking at Shree Precoated Steels Limited’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 23.08 % quarter-on-quarter, aligning with the annual rise of 23.08 %. Operating profit, while down -23.08 % compared to last year, faced a quarter-on-quarter dip of -23.08 %, signaling a short-term contraction in margins.
Profit before tax declined annually by -23.08 % but saw a reduction from the preceding quarter by -23.08 %.
Net profit fell by -23.08 % year-on-year but witnessed a -23.08 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -25.81 % but a quarterly fall of -25.81 %. In summary, Shree Precoated Steels 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.13 Cr | Rs. 0.13 Cr | Rs. 0.16 Cr | + 23.08 % | + 23.08 % |
Operating Profit | Rs. -0.13 Cr | Rs. -0.13 Cr | Rs. -0.16 Cr | -23.08 % | -23.08 % |
Net Profit | Rs. -0.13 Cr | Rs. -0.13 Cr | Rs. -0.16 Cr | -23.08 % | -23.08 % |
EPS in Rs | Rs. -0.31 | Rs. -0.31 | Rs. -0.39 | -25.81 % | -25.81 % |
In reviewing Shree Precoated Steels Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 23.08 % compared to the previous year, with a 23.08 % increase quarter-on-quarter. Operating Profit dropped by -23.08 % annually, and saw a -23.08 % decrease from the last quarter.
Net Profit showed yearly decrease of -23.08 %, and experienced a -23.08 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -25.81 % annually, however dipped by -25.81 % compared to the last quarter. In essence, while Shree Precoated Steels 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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