STAR DELTA TRANSFORMERS Reports Q1: Revenue Up by 16.63% Year-on-Year

The comprehensive analytics outlining the performance and outlook of STAR DELTA TRANSFORMERS 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.

Today, we’re looking at STAR DELTA TRANSFORMERS LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 16.63 %. However, it did see a marginal slip of -9.5 % from the previous quarter. Expenses decreased slightly by -11.66 % quarter-on-quarter, aligning with the annual rise of 14.41 %. Operating profit, while up 41.56 % compared to last year, faced a quarter-on-quarter increase of 16.22 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.75 %, but an expansion of 2.2 % sequentially. Other income fell by -62.76 % compared to the last quarter, despite an annual decline of -79.77 %. Interest expenses surged remarkably by 33.33 % from the previous quarter, yet the year-over-year increase remains at a moderate 33.33 %. Depreciation costs climbed by 81.82 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -12.14 % but saw a reduction from the preceding quarter by -7.36 %.
Tax expenses as a percentage of profits increased slightly by 14.04 % compared to last year, with a more notable quarter-on-quarter decrease of -17.02 %. Net profit fell by -25.87 % year-on-year but experienced a 20.28 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -62.91 % but a quarterly rise of 20.23 %. In summary, STAR DELTA TRANSFORMERS LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing STAR DELTA TRANSFORMERS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.63 % year-on-year growth, although there was a slight dip of -9.5 % from the previous quarter. Expenses rose by 14.41 % compared to the previous year, with a decrease of -11.66 % quarter-on-quarter. Operating Profit surged by 41.56 % annually, and saw a 16.22 % increase from the last quarter.
Net Profit showed yearly decrease of -25.87 %, and experienced a 20.28 % increase from the previous quarter. Earnings Per Share (EPS) fell by -62.91 % annually, however rose by 20.23 % compared to the last quarter. In essence, while STAR DELTA TRANSFORMERS 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.