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Surana Solar ‘s Q2 Report: Revenue Rises by 415.67% YoY

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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 415.67 % in the past year, substantial increase in net sales/revenue by 25.74 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -19.69 %, Marginal decrease of -20.19% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Surana Solar Limited. Profit dropped by -122.47 % Year to Year, Surana Solar Limited’s profitability increased by 17.63 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -123.33 % Year to Year. EPS increased by 16.67 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Surana Solar Limited‘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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2.77 Cr Rs. 11.36 Cr Rs. 14.284 Cr + 25.74 % + 415.67 %
Expenses Rs. 4.21 Cr Rs. 10.89 Cr Rs. 13.52 Cr + 24.15 % + 221.14 %
Operating Profit Rs. -1.44 Cr Rs. 0.47 Cr Rs. 0.76 Cr + 61.7 % + 152.78 %
OPM % -51.99 % 4.14 % 5.32 % + 1.18 % + 57.31 %
Other Income Rs. 0.32 Cr Rs. 0.322 Cr Rs. 0.257 Cr -20.19 % -19.69 %
Interest Rs. 0.03 Cr Rs. 0.03 Cr Rs. 0.07 Cr + 133.33 % + 133.33 %
Depreciation Rs. 0.55 Cr Rs. 0.44 Cr Rs. 0.47 Cr + 6.82 % -14.55 %
Profit before tax Rs. -1.7 Cr Rs. 0.32 Cr Rs. 0.48 Cr + 50 % + 128.24 %
Tax % -14.36 % 13.4 % 32.58 % + 19.18 % + 46.94 %
Net Profit Rs. -1.46 Cr Rs. 0.28 Cr Rs. 0.33 Cr + 17.86 % + 122.6 %
EPS in Rs Rs. -0.3 Rs. 0.06 Rs. 0.07 + 16.67 % + 123.33 %


Today, we’re looking at Surana Solar Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 415.67 %. However, it did see a marginal increase of 25.74 % from the previous quarter. Expenses ticked up slightly by 24.15 % quarter-on-quarter, aligning with the annual rise of 221.14 %. Operating profit, while up 152.78 % compared to last year, faced a quarter-on-quarter increase of 61.7 %, 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 57.31 %, but an expansion of 1.18 % sequentially. Other income fell by -20.19 % compared to the last quarter, despite an annual decline of -19.69 %. Interest expenses surged remarkably by 133.33 % from the previous quarter, yet the year-over-year increase remains at a moderate 133.33 %. Depreciation costs climbed by 6.82 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -14.55 %. Profit before tax grew annually by 128.24 % but saw an increase from the preceding quarter by 50 %.
Tax expenses as a percentage of profits increased slightly by 46.94 % compared to last year, with a more notable quarter-on-quarter increase of 19.18 %. Net profit rose by 122.6 % year-on-year but experienced a 17.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 123.33 % but a quarterly rise of 16.67 %. In summary, Surana Solar Limited’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. 2.77 Cr Rs. 11.36 Cr Rs. 14.284 Cr + 25.74 % + 415.67 %
Expenses Rs. 4.21 Cr Rs. 10.89 Cr Rs. 13.52 Cr + 24.15 % + 221.14 %
Operating Profit Rs. -1.44 Cr Rs. 0.47 Cr Rs. 0.76 Cr + 61.7 % + 152.78 %
Net Profit Rs. -1.46 Cr Rs. 0.28 Cr Rs. 0.33 Cr + 17.86 % + 122.6 %
EPS in Rs Rs. -0.3 Rs. 0.06 Rs. 0.07 + 16.67 % + 123.33 %


In reviewing Surana Solar Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 415.67 % year-on-year growth, however, there was a minor increase of 25.74 % from the previous quarter. Expenses rose by 221.14 % compared to the previous year, with a 24.15 % increase quarter-on-quarter. Operating Profit surged by 152.78 % annually, and saw a 61.7 % increase from the last quarter.
Net Profit showed yearly increase of 122.6 %, and experienced a 17.86 % increase from the previous quarter. Earnings Per Share (EPS) rose by 123.33 % annually, however rose by 16.67 % compared to the last quarter. In essence, while Surana Solar Limited 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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