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Southern Latex : Q4 2024 Financial Quarterly Report

June 20, 2024June 20, 2024| adminadmin| 0 Comments| 5:45 pm
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Highlights

  • Sales over the Year and quarter:
  • 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 2.78 %. Marginal increase in other income during this quarter, up by 516.67%.
  • Profit over the Year and quarter: Significant improvement in profitability for Southern Latex Ltd.. Notable increase of 7.65 % in net profit Year to Year, Southern Latex Ltd.’s profitability increased by 1818.18 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 7.41 % Year to Year. EPS increased by 1350 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Southern Latex 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. 0.1 Cr Rs. 0.05 Cr Rs. 0.11 Cr + 120 % + 10 %
Operating Profit Rs. -0.1 Cr Rs. -0.05 Cr Rs. -0.11 Cr -120 % -10 %
OPM % 0 % 0 % 0 % 0 % 0 %
Other Income Rs. 0.36 Cr Rs. 0.06 Cr Rs. 0.37 Cr + 516.67 % + 2.78 %
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. 0.26 Cr Rs. 0.01 Cr Rs. 0.26 Cr + 2500 % + 0 %
Tax % 22.22 % 0 % 16.86 % + 16.86 % -5.36 %
Net Profit Rs. 0.2 Cr Rs. 0.01 Cr Rs. 0.21 Cr + 2000 % + 5 %
EPS in Rs Rs. 0.27 Rs. 0.02 Rs. 0.29 + 1350 % + 7.41 %


Today, we’re looking at Southern Latex Ltd.’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 120 % quarter-on-quarter, aligning with the annual rise of 10 %. Operating profit, while down -10 % compared to last year, faced a quarter-on-quarter dip of -120 %, signaling a short-term contraction in margins.
Other income rose by 516.67 % compared to the last quarter, despite an annual growth of 2.78 %. Profit before tax grew annually by 0 % but saw an increase from the preceding quarter by 2500 %.
Tax expenses as a percentage of profits decreased slightly by -5.36 % compared to last year, with a more notable quarter-on-quarter increase of 16.86 %. Net profit rose by 5 % year-on-year but experienced a 2000 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 7.41 % but a quarterly rise of 1350 %. 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. 0.1 Cr Rs. 0.05 Cr Rs. 0.11 Cr + 120 % + 10 %
Operating Profit Rs. -0.1 Cr Rs. -0.05 Cr Rs. -0.11 Cr -120 % -10 %
Net Profit Rs. 0.2 Cr Rs. 0.01 Cr Rs. 0.21 Cr + 2000 % + 5 %
EPS in Rs Rs. 0.27 Rs. 0.02 Rs. 0.29 + 1350 % + 7.41 %


In reviewing Southern Latex Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 10 % compared to the previous year, with a 120 % increase quarter-on-quarter. Operating Profit dropped by -10 % annually, and saw a -120 % decrease from the last quarter.
Net Profit showed yearly increase of 5 %, and experienced a 2000 % increase from the previous quarter. Earnings Per Share (EPS) rose by 7.41 % annually, however rose by 1350 % 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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