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.
| 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.
