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Share the post "Sirca Paints India ‘s Q3 2024-25 Latest News: Profit Up by 9.04% Year-on-Year"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 22.38 % in the past year, decrease in net sales/revenue by -15.91 %. 🔹 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 16.5 %. Marginal increase in other income during this quarter, up by 125.53%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Sirca Paints India Limited. Notable increase of 8.98 % in net profit Year to Year, Sirca Paints India Limited’s profitability dropped by -13.75 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS increased by 8.85 % Year to Year. EPS decreased by -13.64 % 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. 72.493 Cr | Rs. 105.497 Cr | Rs. 88.715 Cr | -15.91 % | + 22.38 % |
| Expenses | Rs. 58.73 Cr | Rs. 86.54 Cr | Rs. 73.27 Cr | -15.33 % | + 24.76 % |
| Operating Profit | Rs. 13.76 Cr | Rs. 18.96 Cr | Rs. 15.45 Cr | -18.51 % | + 12.28 % |
| OPM % | 18.98 % | 17.97 % | 17.42 % | -0.55 % | -1.56 % |
| Other Income | Rs. 1.63 Cr | Rs. 0.842 Cr | Rs. 1.899 Cr | + 125.53 % | + 16.5 % |
| Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
| Depreciation | Rs. 1.56 Cr | Rs. 1.82 Cr | Rs. 1.8 Cr | -1.1 % | + 15.38 % |
| Profit before tax | Rs. 13.82 Cr | Rs. 17.97 Cr | Rs. 15.54 Cr | -13.52 % | + 12.45 % |
| Tax % | 23.97 % | 26.08 % | 26.26 % | + 0.18 % | + 2.29 % |
| Net Profit | Rs. 10.51 Cr | Rs. 13.28 Cr | Rs. 11.46 Cr | -13.7 % | + 9.04 % |
| EPS in Rs | Rs. 1.92 | Rs. 2.42 | Rs. 2.09 | -13.64 % | + 8.85 % |
Today, we’re looking at Sirca Paints India Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 22.38 %. However, it did see a marginal slip of -15.91 % from the previous quarter. Expenses decreased slightly by -15.33 % quarter-on-quarter, aligning with the annual rise of 24.76 %. Operating profit, while up 12.28 % compared to last year, faced a quarter-on-quarter dip of -18.51 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.56 %, but a shrinkage of -0.55 % sequentially. Other income rose by 125.53 % compared to the last quarter, despite an annual growth of 16.5 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -1.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.38 %. Profit before tax grew annually by 12.45 % but saw a reduction from the preceding quarter by -13.52 %.
Tax expenses as a percentage of profits increased slightly by 2.29 % compared to last year, with a more notable quarter-on-quarter increase of 0.18 %. Net profit rose by 9.04 % year-on-year but witnessed a -13.7 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 8.85 % but a quarterly fall of -13.64 %. In summary, Sirca Paints India 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. 72.493 Cr | Rs. 105.497 Cr | Rs. 88.715 Cr | -15.91 % | + 22.38 % |
| Expenses | Rs. 58.73 Cr | Rs. 86.54 Cr | Rs. 73.27 Cr | -15.33 % | + 24.76 % |
| Operating Profit | Rs. 13.76 Cr | Rs. 18.96 Cr | Rs. 15.45 Cr | -18.51 % | + 12.28 % |
| Net Profit | Rs. 10.51 Cr | Rs. 13.28 Cr | Rs. 11.46 Cr | -13.7 % | + 9.04 % |
| EPS in Rs | Rs. 1.92 | Rs. 2.42 | Rs. 2.09 | -13.64 % | + 8.85 % |
In reviewing Sirca Paints India Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.38 % year-on-year growth, although there was a slight dip of -15.91 % from the previous quarter. Expenses rose by 24.76 % compared to the previous year, with a decrease of -15.33 % quarter-on-quarter. Operating Profit surged by 12.28 % annually, and saw a -18.51 % decrease from the last quarter.
Net Profit showed yearly increase of 9.04 %, and experienced a -13.7 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 8.85 % annually, however dipped by -13.64 % compared to the last quarter. In essence, while Sirca Paints India 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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