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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 experienced a substantial growth of 75.41 % in the past year, substantial increase in net sales/revenue by 25.85 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -3.7 %, Marginal decrease of -29.73% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Super Crop Safe Ltd.. Notable increase of 577.47 % in net profit Year to Year, Super Crop Safe Ltd.’s profitability increased by 1544 % in this quarter.
- EPS over the Year and quarter: EPS increased by 520.00 % Year to Year.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 5.812 Cr | Rs. 8.101 Cr | Rs. 10.195 Cr | + 25.85 % | + 75.41 % |
| Expenses | Rs. 4.89 Cr | Rs. 7.32 Cr | Rs. 8.39 Cr | + 14.62 % | + 71.57 % |
| Operating Profit | Rs. 0.92 Cr | Rs. 0.78 Cr | Rs. 1.81 Cr | + 132.05 % | + 96.74 % |
| OPM % | 15.83 % | 9.63 % | 17.75 % | + 8.12 % | + 1.92 % |
| Other Income | Rs. 0.027 Cr | Rs. 0.037 Cr | Rs. 0.026 Cr | -29.73 % | -3.7 % |
| Interest | Rs. 0.62 Cr | Rs. 0.45 Cr | Rs. 0.45 Cr | + 0 % | -27.42 % |
| Depreciation | Rs. 0.12 Cr | Rs. 0.19 Cr | Rs. 0.15 Cr | -21.05 % | + 25 % |
| Profit before tax | Rs. 0.21 Cr | Rs. 0.18 Cr | Rs. 1.24 Cr | + 588.89 % | + 490.48 % |
| Tax % | 12.14 % | 57.14 % | 0 % | -57.14 % | -12.14 % |
| Net Profit | Rs. 0.18 Cr | Rs. 0.08 Cr | Rs. 1.23 Cr | + 1437.5 % | + 583.33 % |
| EPS in Rs | Rs. 0.05 | Rs. 0 | Rs. 0.31 | 0 % | + 520 % |
Today, we’re looking at Super Crop Safe 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 75.41 %. However, it did see a marginal increase of 25.85 % from the previous quarter. Expenses ticked up slightly by 14.62 % quarter-on-quarter, aligning with the annual rise of 71.57 %. Operating profit, while up 96.74 % compared to last year, faced a quarter-on-quarter increase of 132.05 %, 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 1.92 %, but an expansion of 8.12 % sequentially. Other income fell by -29.73 % compared to the last quarter, despite an annual decline of -3.7 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -27.42 %. Depreciation costs fell by -21.05 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25 %. Profit before tax grew annually by 490.48 % but saw an increase from the preceding quarter by 588.89 %.
Tax expenses as a percentage of profits decreased slightly by -12.14 % compared to last year, with a more notable quarter-on-quarter decrease of -57.14 %. Net profit rose by 583.33 % year-on-year but experienced a 1437.5 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 520 % In summary, Super Crop Safe 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. 5.812 Cr | Rs. 8.101 Cr | Rs. 10.195 Cr | + 25.85 % | + 75.41 % |
| Expenses | Rs. 4.89 Cr | Rs. 7.32 Cr | Rs. 8.39 Cr | + 14.62 % | + 71.57 % |
| Operating Profit | Rs. 0.92 Cr | Rs. 0.78 Cr | Rs. 1.81 Cr | + 132.05 % | + 96.74 % |
| Net Profit | Rs. 0.18 Cr | Rs. 0.08 Cr | Rs. 1.23 Cr | + 1437.5 % | + 583.33 % |
| EPS in Rs | Rs. 0.05 | Rs. 0 | Rs. 0.31 | 0 % | + 520 % |
In reviewing Super Crop Safe Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 75.41 % year-on-year growth, however, there was a minor increase of 25.85 % from the previous quarter. Expenses rose by 71.57 % compared to the previous year, with a 14.62 % increase quarter-on-quarter. Operating Profit surged by 96.74 % annually, and saw a 132.05 % increase from the last quarter.
Net Profit showed yearly increase of 583.33 %, and experienced a 1437.5 % increase from the previous quarter. Earnings Per Share (EPS) rose by 520 % annually, In essence, while Super Crop Safe Ltd. exhibits strong annual growth 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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