NIFTY 50 23344.75 ▲ (0.61%)
NIFTY NEXT 50 65106.15 ▲ (0.08%)
NIFTY 100 24048.8 ▲ (0.51%)
NIFTY MIDCAP 100 55106.2 ▲ (0.91%)
NIFTY SMALLCAP 100 17864.65 ▲ (1.09%)
NIFTY SMALLCAP 250 16841.4 ▲ (0.84%)
NIFTY MIDCAP SELECT 12356.5 ▲ (0.87%)
NIFTY TOTAL MARKET 12304.6 ▲ (0.6%)
NIFTY BANK 49350.8 ▲ (1.67%)
SENSEX 77073.44 ▲ (0.59%)
BSE BANKEX 56036.23 ▲ (2.03%)

Soma Textiles & Industries Reports Q2: Revenue Up by 131.85% Year-on-Year

[fetch_key]

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 131.85 % in the past year, substantial increase in net sales/revenue by 161.87 %.
  • 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 3848.3 %. Marginal increase in other income during this quarter, up by 2702.02%.
  • Profit over the Year and quarter: Significant improvement in profitability for Soma Textiles & Industries Limited. Notable increase of 11653.45 % in net profit Year to Year, Soma Textiles & Industries Limited’s profitability increased by 5580.83 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 11,366.67 % Year to Year. EPS increased by 5633.33 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Soma Textiles & Industries Limited‘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. 1.57 Cr Rs. 1.39 Cr Rs. 3.64 Cr + 161.87 % + 131.85 %
Expenses Rs. 2.49 Cr Rs. 2.53 Cr Rs. 4.82 Cr + 90.51 % + 93.57 %
Operating Profit Rs. -0.92 Cr Rs. -1.14 Cr Rs. -1.18 Cr -3.51 % -28.26 %
OPM % -58.6 % -82.01 % -32.42 % + 49.59 % + 26.18 %
Other Income Rs. 1.76 Cr Rs. 2.48 Cr Rs. 69.49 Cr + 2702.02 % + 3848.3 %
Interest Rs. 0.18 Cr Rs. 0.04 Cr Rs. 0.04 Cr + 0 % -77.78 %
Depreciation Rs. 0.08 Cr Rs. 0.1 Cr Rs. 0.1 Cr + 0 % + 25 %
Profit before tax Rs. 0.58 Cr Rs. 1.2 Cr Rs. 68.17 Cr + 5580.83 % + 11653.45 %
Tax % 0 % 0 % 0 % 0 % 0 %
Net Profit Rs. 0.58 Cr Rs. 1.2 Cr Rs. 68.17 Cr + 5580.83 % + 11653.45 %
EPS in Rs Rs. 0.18 Rs. 0.36 Rs. 20.64 + 5633.33 % + 11366.67 %


Today, we’re looking at Soma Textiles & Industries Limited’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 131.85 %. However, it did see a marginal increase of 161.87 % from the previous quarter. Expenses ticked up slightly by 90.51 % quarter-on-quarter, aligning with the annual rise of 93.57 %. Operating profit, while down -28.26 % compared to last year, faced a quarter-on-quarter dip of -3.51 %, 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 26.18 %, but an expansion of 49.59 % sequentially. Other income rose by 2702.02 % compared to the last quarter, despite an annual growth of 3848.3 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -77.78 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25 %. Profit before tax grew annually by 11653.45 % but saw an increase from the preceding quarter by 5580.83 %.
Net profit rose by 11653.45 % year-on-year but experienced a 5580.83 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11366.67 % but a quarterly rise of 5633.33 %. In summary, Soma Textiles & Industries 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. 1.57 Cr Rs. 1.39 Cr Rs. 3.64 Cr + 161.87 % + 131.85 %
Expenses Rs. 2.49 Cr Rs. 2.53 Cr Rs. 4.82 Cr + 90.51 % + 93.57 %
Operating Profit Rs. -0.92 Cr Rs. -1.14 Cr Rs. -1.18 Cr -3.51 % -28.26 %
Net Profit Rs. 0.58 Cr Rs. 1.2 Cr Rs. 68.17 Cr + 5580.83 % + 11653.45 %
EPS in Rs Rs. 0.18 Rs. 0.36 Rs. 20.64 + 5633.33 % + 11366.67 %


In reviewing Soma Textiles & Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 131.85 % year-on-year growth, however, there was a minor increase of 161.87 % from the previous quarter. Expenses rose by 93.57 % compared to the previous year, with a 90.51 % increase quarter-on-quarter. Operating Profit dropped by -28.26 % annually, and saw a -3.51 % decrease from the last quarter.
Net Profit showed yearly increase of 11653.45 %, and experienced a 5580.83 % increase from the previous quarter. Earnings Per Share (EPS) rose by 11366.67 % annually, however rose by 5633.33 % compared to the last quarter. In essence, while Soma Textiles & Industries Limited 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.

[my_shortcode1 values=”Soma Textiles & Industries Limited”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post