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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 1.89 % in the past year, substantial increase in net sales/revenue by 3.85 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Steel Strips Infrastructures Limited. Profit dropped by -101.65 % Year to Year, Steel Strips Infrastructures Limited’s profitability dropped by -81.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -101.64 % Year to Year. EPS decreased by -81.75 % 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. 0.318 Cr | Rs. 0.312 Cr | Rs. 0.324 Cr | + 3.85 % | + 1.89 % |
Expenses | Rs. 0.6 Cr | Rs. 2.43 Cr | Rs. 0.68 Cr | -72.02 % | + 13.33 % |
Operating Profit | Rs. -0.28 Cr | Rs. -2.12 Cr | Rs. -0.36 Cr | + 83.02 % | -28.57 % |
OPM % | -88.05 % | -679.49 % | -111.11 % | + 568.38 % | -23.06 % |
Other Income | Rs. 24.684 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.09 Cr | Rs. 0.06 Cr | Rs. 0.04 Cr | -33.33 % | -55.56 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 24.31 Cr | Rs. -2.18 Cr | Rs. -0.4 Cr | + 81.65 % | -101.65 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. 24.31 Cr | Rs. -2.18 Cr | Rs. -0.4 Cr | + 81.65 % | -101.65 % |
EPS in Rs | Rs. 28.13 | Rs. -2.52 | Rs. -0.46 | + 81.75 % | -101.64 % |
Today, we’re looking at Steel Strips Infrastructures Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 1.89 %. However, it did see a marginal increase of 3.85 % from the previous quarter. Expenses decreased slightly by -72.02 % quarter-on-quarter, aligning with the annual rise of 13.33 %. Operating profit, while down -28.57 % compared to last year, faced a quarter-on-quarter increase of 83.02 %, 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 -23.06 %, but an expansion of 568.38 % sequentially. Interest expenses dropped significantly by -33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -55.56 %. Profit before tax declined annually by -101.65 % but saw an increase from the preceding quarter by 81.65 %.
Net profit fell by -101.65 % year-on-year but experienced a 81.65 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -101.64 % but a quarterly rise of 81.75 %. In summary, Steel Strips Infrastructures 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. 0.318 Cr | Rs. 0.312 Cr | Rs. 0.324 Cr | + 3.85 % | + 1.89 % |
Expenses | Rs. 0.6 Cr | Rs. 2.43 Cr | Rs. 0.68 Cr | -72.02 % | + 13.33 % |
Operating Profit | Rs. -0.28 Cr | Rs. -2.12 Cr | Rs. -0.36 Cr | + 83.02 % | -28.57 % |
Net Profit | Rs. 24.31 Cr | Rs. -2.18 Cr | Rs. -0.4 Cr | + 81.65 % | -101.65 % |
EPS in Rs | Rs. 28.13 | Rs. -2.52 | Rs. -0.46 | + 81.75 % | -101.64 % |
In reviewing Steel Strips Infrastructures Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.89 % year-on-year growth, however, there was a minor increase of 3.85 % from the previous quarter. Expenses rose by 13.33 % compared to the previous year, with a decrease of -72.02 % quarter-on-quarter. Operating Profit dropped by -28.57 % annually, and saw a 83.02 % increase from the last quarter.
Net Profit showed yearly decrease of -101.65 %, and experienced a 81.65 % increase from the previous quarter. Earnings Per Share (EPS) fell by -101.64 % annually, however rose by 81.75 % compared to the last quarter. In essence, while Steel Strips Infrastructures 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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