Share the post "Southern Latex announced Financial Results for Q1 2024-2025"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- 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 %. Marginal decrease of -83.91% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Southern Latex Ltd.. Profit dropped by -22.22 % Year to Year, Southern Latex Ltd.’s profitability dropped by -96.68 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -96.55 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.05 Cr | Rs. 0.11 Cr | Rs. 0.05 Cr | -54.55 % | + 0 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.11 Cr | Rs. -0.05 Cr | + 54.55 % | + 0 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.06 Cr | Rs. 0.373 Cr | Rs. 0.06 Cr | -83.91 % | + 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. 0.01 Cr | Rs. 0.26 Cr | Rs. 0.01 Cr | -96.15 % | + 0 % |
| Tax % | 0 % | 16.86 % | 0 % | -16.86 % | 0 % |
| Net Profit | Rs. 0.01 Cr | Rs. 0.21 Cr | Rs. 0.01 Cr | -95.24 % | + 0 % |
| EPS in Rs | Rs. 0.01 | Rs. 0.29 | Rs. 0.01 | -96.55 % | + 0 % |
Today, we’re looking at Southern Latex Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -54.55 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 54.55 %, signaling a short-term expansion in margins.
Other income fell by -83.91 % compared to the last quarter, despite an annual growth of 0 %. Profit before tax grew annually by 0 % but saw a reduction from the preceding quarter by -96.15 %.
with a more notable quarter-on-quarter decrease of -16.86 %. Net profit rose by 0 % year-on-year but witnessed a -95.24 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly fall of -96.55 %. In summary, Southern Latex 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. 0.05 Cr | Rs. 0.11 Cr | Rs. 0.05 Cr | -54.55 % | + 0 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.11 Cr | Rs. -0.05 Cr | + 54.55 % | + 0 % |
| Net Profit | Rs. 0.01 Cr | Rs. 0.21 Cr | Rs. 0.01 Cr | -95.24 % | + 0 % |
| EPS in Rs | Rs. 0.01 | Rs. 0.29 | Rs. 0.01 | -96.55 % | + 0 % |
In reviewing Southern Latex Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a decrease of -54.55 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 54.55 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -95.24 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however dipped by -96.55 % compared to the last quarter. In essence, while Southern Latex Ltd. 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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