Share the post "Simbhaoli Sugars announces Q2 results: Profit Rises by 74.33% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -33.09 % over the year, decrease in net sales/revenue by -38.11 %.
- 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 0.07 %. Marginal increase in other income during this quarter, up by 24.22%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Simbhaoli Sugars Ltd. Profit dropped by -74.33 % Year to Year, Simbhaoli Sugars Ltd’s profitability dropped by -30.53 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -74.53 % Year to Year. EPS decreased by -28.49 % 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. 299.604 Cr | Rs. 323.927 Cr | Rs. 200.477 Cr | -38.11 % | -33.09 % |
Expenses | Rs. 331.2 Cr | Rs. 328.26 Cr | Rs. 209 Cr | -36.33 % | -36.9 % |
Operating Profit | Rs. -31.6 Cr | Rs. -4.33 Cr | Rs. -8.52 Cr | -96.77 % | + 73.04 % |
OPM % | -10.55 % | -1.34 % | -4.25 % | -2.91 % | + 6.3 % |
Other Income | Rs. 5.428 Cr | Rs. 4.373 Cr | Rs. 5.432 Cr | + 24.22 % | + 0.07 % |
Interest | Rs. 6.92 Cr | Rs. 6.75 Cr | Rs. 0.13 Cr | -98.07 % | -98.12 % |
Depreciation | Rs. 6.98 Cr | Rs. 6.94 Cr | Rs. 7.02 Cr | + 1.15 % | + 0.57 % |
Profit before tax | Rs. -40.07 Cr | Rs. -13.65 Cr | Rs. -10.24 Cr | + 24.98 % | + 74.44 % |
Tax % | -0.45 % | -7.96 % | -0 % | + 7.96 % | + 0.45 % |
Net Profit | Rs. -39.89 Cr | Rs. -14.74 Cr | Rs. -10.24 Cr | + 30.53 % | + 74.33 % |
EPS in Rs | Rs. -9.66 | Rs. -3.44 | Rs. -2.46 | + 28.49 % | + 74.53 % |
Today, we’re looking at Simbhaoli Sugars Ltd’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 -33.09 %. However, it did see a marginal slip of -38.11 % from the previous quarter. Expenses decreased slightly by -36.33 % quarter-on-quarter, aligning with the annual decline of -36.9 %. Operating profit, while up 73.04 % compared to last year, faced a quarter-on-quarter dip of -96.77 %, 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 6.3 %, but a shrinkage of -2.91 % sequentially. Other income rose by 24.22 % compared to the last quarter, despite an annual growth of 0.07 %. Interest expenses dropped significantly by -98.07 % from the previous quarter, yet the year-over-year decrease remains at a moderate -98.12 %. Depreciation costs climbed by 1.15 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.57 %. Profit before tax grew annually by 74.44 % but saw an increase from the preceding quarter by 24.98 %.
Tax expenses as a percentage of profits increased slightly by 0.45 % compared to last year, with a more notable quarter-on-quarter increase of 7.96 %. Net profit rose by 74.33 % year-on-year but experienced a 30.53 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 74.53 % but a quarterly rise of 28.49 %. In summary, Simbhaoli Sugars 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. 299.604 Cr | Rs. 323.927 Cr | Rs. 200.477 Cr | -38.11 % | -33.09 % |
Expenses | Rs. 331.2 Cr | Rs. 328.26 Cr | Rs. 209 Cr | -36.33 % | -36.9 % |
Operating Profit | Rs. -31.6 Cr | Rs. -4.33 Cr | Rs. -8.52 Cr | -96.77 % | + 73.04 % |
Net Profit | Rs. -39.89 Cr | Rs. -14.74 Cr | Rs. -10.24 Cr | + 30.53 % | + 74.33 % |
EPS in Rs | Rs. -9.66 | Rs. -3.44 | Rs. -2.46 | + 28.49 % | + 74.53 % |
In reviewing Simbhaoli Sugars Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -33.09 % year-on-year, although there was a slight dip of -38.11 % from the previous quarter. Expenses decreased by -36.9 % compared to the previous year, with a decrease of -36.33 % quarter-on-quarter. Operating Profit surged by 73.04 % annually, and saw a -96.77 % decrease from the last quarter.
Net Profit showed yearly increase of 74.33 %, and experienced a 30.53 % increase from the previous quarter. Earnings Per Share (EPS) rose by 74.53 % annually, however rose by 28.49 % compared to the last quarter. In essence, while Simbhaoli Sugars 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.
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