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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 11.11 % in the past year, decrease in net sales/revenue by -74.36 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -0.97 %, Marginal decrease of -24.35% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Shricon Industries Ltd.,. Notable increase of 6.41 % in net profit Year to Year, Shricon Industries Ltd.,’s profitability dropped by -11.23 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 6.35 % Year to Year. EPS decreased by -11.26 % 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. 0.045 Cr | Rs. 0.195 Cr | Rs. 0.05 Cr | -74.36 % | + 11.11 % |
| Expenses | Rs. 0.07 Cr | Rs. 0.28 Cr | Rs. 0.09 Cr | -67.86 % | + 28.57 % |
| Operating Profit | Rs. -0.03 Cr | Rs. -0.09 Cr | Rs. -0.04 Cr | + 55.56 % | -33.33 % |
| OPM % | -66.67 % | -46.15 % | -80 % | -33.85 % | -13.33 % |
| Other Income | Rs. 0.207 Cr | Rs. 0.271 Cr | Rs. 0.205 Cr | -24.35 % | -0.97 % |
| Interest | Rs. 0.02 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.15 Cr | Rs. 0.18 Cr | Rs. 0.17 Cr | -5.56 % | + 13.33 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 0.16 Cr | Rs. 0.19 Cr | Rs. 0.17 Cr | -10.53 % | + 6.25 % |
| EPS in Rs | Rs. 1.26 | Rs. 1.51 | Rs. 1.34 | -11.26 % | + 6.35 % |
Today, we’re looking at Shricon Industries Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 11.11 %. However, it did see a marginal slip of -74.36 % from the previous quarter. Expenses decreased slightly by -67.86 % quarter-on-quarter, aligning with the annual rise of 28.57 %. Operating profit, while down -33.33 % compared to last year, faced a quarter-on-quarter increase of 55.56 %, 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 -13.33 %, but a shrinkage of -33.85 % sequentially. Other income fell by -24.35 % compared to the last quarter, despite an annual decline of -0.97 %. Profit before tax grew annually by 13.33 % but saw a reduction from the preceding quarter by -5.56 %.
Net profit rose by 6.25 % year-on-year but witnessed a -10.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.35 % but a quarterly fall of -11.26 %. In summary, Shricon Industries 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. 0.045 Cr | Rs. 0.195 Cr | Rs. 0.05 Cr | -74.36 % | + 11.11 % |
| Expenses | Rs. 0.07 Cr | Rs. 0.28 Cr | Rs. 0.09 Cr | -67.86 % | + 28.57 % |
| Operating Profit | Rs. -0.03 Cr | Rs. -0.09 Cr | Rs. -0.04 Cr | + 55.56 % | -33.33 % |
| Net Profit | Rs. 0.16 Cr | Rs. 0.19 Cr | Rs. 0.17 Cr | -10.53 % | + 6.25 % |
| EPS in Rs | Rs. 1.26 | Rs. 1.51 | Rs. 1.34 | -11.26 % | + 6.35 % |
In reviewing Shricon Industries Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.11 % year-on-year growth, although there was a slight dip of -74.36 % from the previous quarter. Expenses rose by 28.57 % compared to the previous year, with a decrease of -67.86 % quarter-on-quarter. Operating Profit dropped by -33.33 % annually, and saw a 55.56 % increase from the last quarter.
Net Profit showed yearly increase of 6.25 %, and experienced a -10.53 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 6.35 % annually, however dipped by -11.26 % compared to the last quarter. In essence, while Shricon Industries Ltd., 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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