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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 348.16 % in the past year, decrease in net sales/revenue by -25.91 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -32.31 %, Marginal increase in other income during this quarter, up by 49.06%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sunteck Realty Ltd. Profit dropped by -438.2 % Year to Year, Sunteck Realty Ltd’s profitability dropped by -77.52 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -425.00 % Year to Year. EPS decreased by -77.46 % 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. 70.573 Cr | Rs. 426.889 Cr | Rs. 316.28 Cr | -25.91 % | + 348.16 % |
| Expenses | Rs. 78.75 Cr | Rs. 273.78 Cr | Rs. 284.9 Cr | + 4.06 % | + 261.78 % |
| Operating Profit | Rs. -8.18 Cr | Rs. 153.11 Cr | Rs. 31.38 Cr | -79.5 % | + 483.62 % |
| OPM % | -11.59 % | 35.87 % | 9.92 % | -25.95 % | + 21.51 % |
| Other Income | Rs. 17.846 Cr | Rs. 8.104 Cr | Rs. 12.08 Cr | + 49.06 % | -32.31 % |
| Interest | Rs. 17.33 Cr | Rs. 18.15 Cr | Rs. 10.27 Cr | -43.42 % | -40.74 % |
| Depreciation | Rs. 1.78 Cr | Rs. 3.11 Cr | Rs. 3.36 Cr | + 8.04 % | + 88.76 % |
| Profit before tax | Rs. -9.44 Cr | Rs. 139.95 Cr | Rs. 29.83 Cr | -78.69 % | + 416 % |
| Tax % | -31.03 % | 27.54 % | 23.89 % | -3.65 % | + 54.92 % |
| Net Profit | Rs. -6.74 Cr | Rs. 101.34 Cr | Rs. 22.78 Cr | -77.52 % | + 437.98 % |
| EPS in Rs | Rs. -0.48 | Rs. 6.92 | Rs. 1.56 | -77.46 % | + 425 % |
Today, we’re looking at Sunteck Realty Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 348.16 %. However, it did see a marginal slip of -25.91 % from the previous quarter. Expenses ticked up slightly by 4.06 % quarter-on-quarter, aligning with the annual rise of 261.78 %. Operating profit, while up 483.62 % compared to last year, faced a quarter-on-quarter dip of -79.5 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 21.51 %, but a shrinkage of -25.95 % sequentially. Other income rose by 49.06 % compared to the last quarter, despite an annual decline of -32.31 %. Interest expenses dropped significantly by -43.42 % from the previous quarter, yet the year-over-year decrease remains at a moderate -40.74 %. Depreciation costs climbed by 8.04 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 88.76 %. Profit before tax grew annually by 416 % but saw a reduction from the preceding quarter by -78.69 %.
Tax expenses as a percentage of profits increased slightly by 54.92 % compared to last year, with a more notable quarter-on-quarter decrease of -3.65 %. Net profit rose by 437.98 % year-on-year but witnessed a -77.52 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 425 % but a quarterly fall of -77.46 %. In summary, Sunteck Realty 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. 70.573 Cr | Rs. 426.889 Cr | Rs. 316.28 Cr | -25.91 % | + 348.16 % |
| Expenses | Rs. 78.75 Cr | Rs. 273.78 Cr | Rs. 284.9 Cr | + 4.06 % | + 261.78 % |
| Operating Profit | Rs. -8.18 Cr | Rs. 153.11 Cr | Rs. 31.38 Cr | -79.5 % | + 483.62 % |
| Net Profit | Rs. -6.74 Cr | Rs. 101.34 Cr | Rs. 22.78 Cr | -77.52 % | + 437.98 % |
| EPS in Rs | Rs. -0.48 | Rs. 6.92 | Rs. 1.56 | -77.46 % | + 425 % |
In reviewing Sunteck Realty Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 348.16 % year-on-year growth, although there was a slight dip of -25.91 % from the previous quarter. Expenses rose by 261.78 % compared to the previous year, with a 4.06 % increase quarter-on-quarter. Operating Profit surged by 483.62 % annually, and saw a -79.5 % decrease from the last quarter.
Net Profit showed yearly increase of 437.98 %, and experienced a -77.52 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 425 % annually, however dipped by -77.46 % compared to the last quarter. In essence, while Sunteck Realty 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.
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