Share the post "SRU Steels ‘s Q2 Results: Profit Drops by 316.67% YoY"
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 SRU Steels Limited. Profit dropped by -311.29 % Year to Year, SRU Steels Limited’s profitability dropped by -71.52 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -122.00 % Year to Year. EPS decreased by -71.05 % 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. 7.718 Cr | Rs. 0.117 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 7.61 Cr | Rs. 0.56 Cr | Rs. 0.12 Cr | -78.57 % | -98.42 % |
Operating Profit | Rs. 0.11 Cr | Rs. -0.44 Cr | Rs. -0.12 Cr | + 72.73 % | -209.09 % |
OPM % | 1.43 % | -376.07 % | 0 % | + 376.07 % | -1.43 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -50 % |
Profit before tax | Rs. 0.09 Cr | Rs. -0.45 Cr | Rs. -0.13 Cr | + 71.11 % | -244.44 % |
Tax % | 26.19 % | -0 % | -0 % | 0 % | -26.19 % |
Net Profit | Rs. 0.06 Cr | Rs. -0.46 Cr | Rs. -0.13 Cr | + 71.74 % | -316.67 % |
EPS in Rs | Rs. 0.5 | Rs. -0.38 | Rs. -0.11 | + 71.05 % | -122 % |
Today, we’re looking at SRU Steels Limited’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -78.57 % quarter-on-quarter, aligning with the annual decline of -98.42 %. Operating profit, while down -209.09 % compared to last year, faced a quarter-on-quarter increase of 72.73 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.43 %, but an expansion of 376.07 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax declined annually by -244.44 % but saw an increase from the preceding quarter by 71.11 %.
Tax expenses as a percentage of profits decreased slightly by -26.19 % compared to last year, Net profit fell by -316.67 % year-on-year but experienced a 71.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -122 % but a quarterly rise of 71.05 %. In summary, SRU Steels 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. 7.718 Cr | Rs. 0.117 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 7.61 Cr | Rs. 0.56 Cr | Rs. 0.12 Cr | -78.57 % | -98.42 % |
Operating Profit | Rs. 0.11 Cr | Rs. -0.44 Cr | Rs. -0.12 Cr | + 72.73 % | -209.09 % |
Net Profit | Rs. 0.06 Cr | Rs. -0.46 Cr | Rs. -0.13 Cr | + 71.74 % | -316.67 % |
EPS in Rs | Rs. 0.5 | Rs. -0.38 | Rs. -0.11 | + 71.05 % | -122 % |
In reviewing SRU Steels Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -98.42 % compared to the previous year, with a decrease of -78.57 % quarter-on-quarter. Operating Profit dropped by -209.09 % annually, and saw a 72.73 % increase from the last quarter.
Net Profit showed yearly decrease of -316.67 %, and experienced a 71.74 % increase from the previous quarter. Earnings Per Share (EPS) fell by -122 % annually, however rose by 71.05 % compared to the last quarter. In essence, while SRU Steels Limited 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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