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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.
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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