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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -1.31 % over the year, substantial increase in net sales/revenue by 21.2 %.
- Profit over the Year and quarter: Significant improvement in profitability for Suncity Synthetics Ltd.. Notable increase of 526.67 % in net profit Year to Year, Suncity Synthetics Ltd.’s profitability increased by 42.42 % in this quarter.
- EPS over the Year and quarter: EPS increased by 533.33 % Year to Year. EPS increased by 40.74 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.533 Cr | Rs. 0.434 Cr | Rs. 0.526 Cr | + 21.2 % | -1.31 % |
Expenses | Rs. 0.42 Cr | Rs. 0.5 Cr | Rs. 0.7 Cr | + 40 % | + 66.67 % |
Operating Profit | Rs. 0.11 Cr | Rs. -0.07 Cr | Rs. -0.17 Cr | -142.86 % | -254.55 % |
OPM % | 20.64 % | -16.13 % | -32.32 % | -16.19 % | -52.96 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.022 Cr | 0 % | 0 % |
Interest | Rs. 0.06 Cr | Rs. 0.02 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.08 Cr | Rs. 0.05 Cr | Rs. 0.04 Cr | -20 % | -50 % |
Profit before tax | Rs. -0.03 Cr | Rs. -0.14 Cr | Rs. -0.19 Cr | -35.71 % | -533.33 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.13 Cr | Rs. -0.19 Cr | -46.15 % | -533.33 % |
EPS in Rs | Rs. -0.06 | Rs. -0.27 | Rs. -0.38 | -40.74 % | -533.33 % |
Today, we’re looking at Suncity Synthetics Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -1.31 %. However, it did see a marginal increase of 21.2 % from the previous quarter. Expenses ticked up slightly by 40 % quarter-on-quarter, aligning with the annual rise of 66.67 %. Operating profit, while down -254.55 % compared to last year, faced a quarter-on-quarter dip of -142.86 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -52.96 %, but a shrinkage of -16.19 % sequentially. Depreciation costs fell by -20 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax declined annually by -533.33 % but saw a reduction from the preceding quarter by -35.71 %.
Net profit fell by -533.33 % year-on-year but witnessed a -46.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -533.33 % but a quarterly fall of -40.74 %. In summary, Suncity Synthetics 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. 0.533 Cr | Rs. 0.434 Cr | Rs. 0.526 Cr | + 21.2 % | -1.31 % |
Expenses | Rs. 0.42 Cr | Rs. 0.5 Cr | Rs. 0.7 Cr | + 40 % | + 66.67 % |
Operating Profit | Rs. 0.11 Cr | Rs. -0.07 Cr | Rs. -0.17 Cr | -142.86 % | -254.55 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.13 Cr | Rs. -0.19 Cr | -46.15 % | -533.33 % |
EPS in Rs | Rs. -0.06 | Rs. -0.27 | Rs. -0.38 | -40.74 % | -533.33 % |
In reviewing Suncity Synthetics Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.31 % year-on-year, however, there was a minor increase of 21.2 % from the previous quarter. Expenses rose by 66.67 % compared to the previous year, with a 40 % increase quarter-on-quarter. Operating Profit dropped by -254.55 % annually, and saw a -142.86 % decrease from the last quarter.
Net Profit showed yearly decrease of -533.33 %, and experienced a -46.15 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -533.33 % annually, however dipped by -40.74 % compared to the last quarter. In essence, while Suncity Synthetics Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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