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SOMA PAPERS & INDUSTRIES ‘s Q1 Update: Profit Falls by 200% Year-on-Year

September 24, 2024September 24, 2024| adminadmin| 0 Comments| 10:35 pm
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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Profit over the Year and quarter: Challenges in sustaining profitability for SOMA PAPERS & INDUSTRIES LTD.. Profit dropped by -196.97 % Year to Year, SOMA PAPERS & INDUSTRIES LTD.’s profitability dropped by -92.9 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -195.83 % Year to Year. EPS decreased by -92.86 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of SOMA PAPERS & INDUSTRIES LTD.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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. 0.02 Cr Rs. 0.49 Cr Rs. 0.03 Cr -93.88 % + 50 %
Operating Profit Rs. -0.02 Cr Rs. -0.49 Cr Rs. -0.03 Cr + 93.88 % -50 %
OPM % 0 % 0 % 0 % 0 % 0 %
Other Income Rs. 0.05 Cr Rs. 0.034 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. 0.03 Cr Rs. -0.46 Cr Rs. -0.03 Cr + 93.48 % -200 %
Tax % 0 % -0 % -0 % 0 % 0 %
Net Profit Rs. 0.03 Cr Rs. -0.45 Cr Rs. -0.03 Cr + 93.33 % -200 %
EPS in Rs Rs. 0.24 Rs. -3.22 Rs. -0.23 + 92.86 % -195.83 %


Today, we’re looking at SOMA PAPERS & INDUSTRIES LTD.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -93.88 % quarter-on-quarter, aligning with the annual rise of 50 %. Operating profit, while down -50 % compared to last year, faced a quarter-on-quarter increase of 93.88 %, signaling a short-term expansion in margins.
Profit before tax declined annually by -200 % but saw an increase from the preceding quarter by 93.48 %.
Net profit fell by -200 % year-on-year but experienced a 93.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -195.83 % but a quarterly rise of 92.86 %. In summary, SOMA PAPERS & 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 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.02 Cr Rs. 0.49 Cr Rs. 0.03 Cr -93.88 % + 50 %
Operating Profit Rs. -0.02 Cr Rs. -0.49 Cr Rs. -0.03 Cr + 93.88 % -50 %
Net Profit Rs. 0.03 Cr Rs. -0.45 Cr Rs. -0.03 Cr + 93.33 % -200 %
EPS in Rs Rs. 0.24 Rs. -3.22 Rs. -0.23 + 92.86 % -195.83 %


In reviewing SOMA PAPERS & INDUSTRIES LTD.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 50 % compared to the previous year, with a decrease of -93.88 % quarter-on-quarter. Operating Profit dropped by -50 % annually, and saw a 93.88 % increase from the last quarter.
Net Profit showed yearly decrease of -200 %, and experienced a 93.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -195.83 % annually, however rose by 92.86 % compared to the last quarter. In essence, while SOMA PAPERS & INDUSTRIES LTD. faces strong annual decline 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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