Share the post "Shree Rama Newsprint announces Q2 results: Profit Rises by 19.73% 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 -0.85 % over the year, decrease in net sales/revenue by -20.85 %.
- 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 182.59 %. Marginal increase in other income during this quarter, up by 22.26%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shree Rama Newsprint Limited. Profit dropped by -19.66 % Year to Year, Shree Rama Newsprint Limited’s profitability dropped by -1.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -19.05 % Year to Year. EPS decreased by -2.86 % 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. 9.079 Cr | Rs. 11.374 Cr | Rs. 9.002 Cr | -20.85 % | -0.85 % |
Expenses | Rs. 8.91 Cr | Rs. 9.52 Cr | Rs. 7.6 Cr | -20.17 % | -14.7 % |
Operating Profit | Rs. 0.17 Cr | Rs. 1.85 Cr | Rs. 1.4 Cr | -24.32 % | + 723.53 % |
OPM % | 1.87 % | 16.27 % | 15.55 % | -0.72 % | + 13.68 % |
Other Income | Rs. 0.379 Cr | Rs. 0.876 Cr | Rs. 1.071 Cr | + 22.26 % | + 182.59 % |
Interest | Rs. 9.29 Cr | Rs. 9.02 Cr | Rs. 9.1 Cr | + 0.89 % | -2.05 % |
Depreciation | Rs. 1.05 Cr | Rs. 1.04 Cr | Rs. 1.05 Cr | + 0.96 % | + 0 % |
Profit before tax | Rs. -9.79 Cr | Rs. -7.33 Cr | Rs. -7.68 Cr | -4.77 % | + 21.55 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -12.52 Cr | Rs. -10.23 Cr | Rs. -10.05 Cr | + 1.76 % | + 19.73 % |
EPS in Rs | Rs. -0.84 | Rs. -0.7 | Rs. -0.68 | + 2.86 % | + 19.05 % |
Today, we’re looking at Shree Rama Newsprint 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 -0.85 %. However, it did see a marginal slip of -20.85 % from the previous quarter. Expenses decreased slightly by -20.17 % quarter-on-quarter, aligning with the annual decline of -14.7 %. Operating profit, while up 723.53 % compared to last year, faced a quarter-on-quarter dip of -24.32 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 13.68 %, but a shrinkage of -0.72 % sequentially. Other income rose by 22.26 % compared to the last quarter, despite an annual growth of 182.59 %. Interest expenses surged remarkably by 0.89 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.05 %. Depreciation costs climbed by 0.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 21.55 % but saw a reduction from the preceding quarter by -4.77 %.
Net profit rose by 19.73 % year-on-year but experienced a 1.76 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.05 % but a quarterly rise of 2.86 %. In summary, Shree Rama Newsprint 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. 9.079 Cr | Rs. 11.374 Cr | Rs. 9.002 Cr | -20.85 % | -0.85 % |
Expenses | Rs. 8.91 Cr | Rs. 9.52 Cr | Rs. 7.6 Cr | -20.17 % | -14.7 % |
Operating Profit | Rs. 0.17 Cr | Rs. 1.85 Cr | Rs. 1.4 Cr | -24.32 % | + 723.53 % |
Net Profit | Rs. -12.52 Cr | Rs. -10.23 Cr | Rs. -10.05 Cr | + 1.76 % | + 19.73 % |
EPS in Rs | Rs. -0.84 | Rs. -0.7 | Rs. -0.68 | + 2.86 % | + 19.05 % |
In reviewing Shree Rama Newsprint Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.85 % year-on-year, although there was a slight dip of -20.85 % from the previous quarter. Expenses decreased by -14.7 % compared to the previous year, with a decrease of -20.17 % quarter-on-quarter. Operating Profit surged by 723.53 % annually, and saw a -24.32 % decrease from the last quarter.
Net Profit showed yearly increase of 19.73 %, and experienced a 1.76 % increase from the previous quarter. Earnings Per Share (EPS) rose by 19.05 % annually, however rose by 2.86 % compared to the last quarter. In essence, while Shree Rama Newsprint Limited 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.
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