Supertex Industries ‘s Q1 Financial results: Revenue Grows by 174.09% YoY

The comprehensive analytics outlining the performance and outlook of Supertex Industries Ltd‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Supertex Industries 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 174.09 %. However, it did see a marginal slip of -27.42 % from the previous quarter. Expenses decreased slightly by -27.84 % quarter-on-quarter, aligning with the annual rise of 188.41 %. Operating profit, while up 8.24 % compared to last year, faced a quarter-on-quarter dip of -11.54 %, 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 -4.81 %, but an expansion of 0.56 % sequentially. Interest expenses dropped significantly by -29.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -17.95 %. Depreciation costs climbed by 11.76 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 11.76 %. Profit before tax grew annually by 80 % but saw a reduction from the preceding quarter by -40 %.
Tax expenses as a percentage of profits decreased slightly by -91.92 % compared to last year, with a more notable quarter-on-quarter increase of 84.44 %. Net profit rose by 50 % year-on-year but witnessed a -166.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.86 % but a quarterly fall of -128.57 %. In summary, Supertex Industries Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Supertex Industries Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 174.09 % year-on-year growth, although there was a slight dip of -27.42 % from the previous quarter. Expenses rose by 188.41 % compared to the previous year, with a decrease of -27.84 % quarter-on-quarter. Operating Profit surged by 8.24 % annually, and saw a -11.54 % decrease from the last quarter.
Net Profit showed yearly increase of 50 %, and experienced a -166.67 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 42.86 % annually, however dipped by -128.57 % compared to the last quarter. In essence, while Supertex Industries 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.