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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 1.92 %. Marginal decrease of -22.06% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Subhash Silk Mills Ltd.. Profit dropped by -70.22 % Year to Year, Subhash Silk Mills Ltd.’s profitability increased by 318.75 % in this quarter.
- EPS over the Year and quarter: EPS declined by -130.19 % Year to Year. EPS increased by 300 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.002 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.55 Cr | Rs. 0.5 Cr | Rs. 0.4 Cr | -20 % | -27.27 % |
Operating Profit | Rs. -0.55 Cr | Rs. -0.5 Cr | Rs. -0.4 Cr | + 20 % | + 27.27 % |
OPM % | -27500 % | 0 % | 0 % | 0 % | + 27500 % |
Other Income | Rs. 0.52 Cr | Rs. 0.68 Cr | Rs. 0.53 Cr | -22.06 % | + 1.92 % |
Interest | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.13 Cr | Rs. 0.13 Cr | Rs. 0.13 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.18 Cr | Rs. 0.03 Cr | Rs. -0.02 Cr | -166.67 % | + 88.89 % |
Tax % | -29.31 % | 143.24 % | -272.22 % | -415.46 % | -242.91 % |
Net Profit | Rs. -0.23 Cr | Rs. -0.02 Cr | Rs. -0.07 Cr | -250 % | + 69.57 % |
EPS in Rs | Rs. -0.53 | Rs. -0.04 | Rs. -0.16 | -300 % | + 69.81 % |
Today, we’re looking at Subhash Silk Mills Ltd.’s financial performance for the Q4(Mar 2024).Expenses decreased slightly by -20 % quarter-on-quarter, aligning with the annual decline of -27.27 %. Operating profit, while up 27.27 % compared to last year, faced a quarter-on-quarter increase of 20 %, 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 27500 %, Other income fell by -22.06 % compared to the last quarter, despite an annual growth of 1.92 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 88.89 % but saw a reduction from the preceding quarter by -166.67 %.
Tax expenses as a percentage of profits decreased slightly by -242.91 % compared to last year, with a more notable quarter-on-quarter decrease of -415.46 %. Net profit rose by 69.57 % year-on-year but witnessed a -250 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 69.81 % but a quarterly fall of -300 %. In summary, Subhash Silk Mills 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. 0.002 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.55 Cr | Rs. 0.5 Cr | Rs. 0.4 Cr | -20 % | -27.27 % |
Operating Profit | Rs. -0.55 Cr | Rs. -0.5 Cr | Rs. -0.4 Cr | + 20 % | + 27.27 % |
Net Profit | Rs. -0.23 Cr | Rs. -0.02 Cr | Rs. -0.07 Cr | -250 % | + 69.57 % |
EPS in Rs | Rs. -0.53 | Rs. -0.04 | Rs. -0.16 | -300 % | + 69.81 % |
In reviewing Subhash Silk Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -27.27 % compared to the previous year, with a decrease of -20 % quarter-on-quarter. Operating Profit surged by 27.27 % annually, and saw a 20 % increase from the last quarter.
Net Profit showed yearly increase of 69.57 %, and experienced a -250 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 69.81 % annually, however dipped by -300 % compared to the last quarter. In essence, while Subhash Silk Mills 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.