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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.73 % in the past year, decrease in net sales/revenue by -27.73 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 25550 %.
- Profit over the Year and quarter: Significant improvement in profitability for Surya India Limited. Notable increase of 12906.06 % in net profit Year to Year, Surya India Limited’s profitability increased by 1369.86 % in this quarter.
- EPS over the Year and quarter: EPS increased by 13,555.56 % Year to Year. EPS increased by 1363.1 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.985 Cr | Rs. 1.482 Cr | Rs. 1.071 Cr | -27.73 % | + 8.73 % |
| Expenses | Rs. 0.71 Cr | Rs. 0.57 Cr | Rs. 0.51 Cr | -10.53 % | -28.17 % |
| Operating Profit | Rs. 0.28 Cr | Rs. 0.91 Cr | Rs. 0.56 Cr | -38.46 % | + 100 % |
| OPM % | 28.43 % | 61.4 % | 52.29 % | -9.11 % | + 23.86 % |
| Other Income | Rs. 0.04 Cr | Rs. -0 Cr | Rs. 10.26 Cr | 0 % | + 25550 % |
| Interest | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | + 0 % |
| Depreciation | Rs. 0.21 Cr | Rs. 0.21 Cr | Rs. 0.21 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0.1 Cr | Rs. 0.68 Cr | Rs. 10.6 Cr | + 1458.82 % | + 10500 % |
| Tax % | 19.51 % | 13.86 % | 18.99 % | + 5.13 % | -0.52 % |
| Net Profit | Rs. 0.07 Cr | Rs. 0.58 Cr | Rs. 8.58 Cr | + 1379.31 % | + 12157.14 % |
| EPS in Rs | Rs. 0.09 | Rs. 0.84 | Rs. 12.29 | + 1363.1 % | + 13555.56 % |
Today, we’re looking at Surya India Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 8.73 %. However, it did see a marginal slip of -27.73 % from the previous quarter. Expenses decreased slightly by -10.53 % quarter-on-quarter, aligning with the annual decline of -28.17 %. Operating profit, while up 100 % compared to last year, faced a quarter-on-quarter dip of -38.46 %, 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 23.86 %, but a shrinkage of -9.11 % sequentially. despite an annual growth of 25550 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 10500 % but saw an increase from the preceding quarter by 1458.82 %.
Tax expenses as a percentage of profits decreased slightly by -0.52 % compared to last year, with a more notable quarter-on-quarter increase of 5.13 %. Net profit rose by 12157.14 % year-on-year but experienced a 1379.31 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 13555.56 % but a quarterly rise of 1363.1 %. In summary, Surya India 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. 0.985 Cr | Rs. 1.482 Cr | Rs. 1.071 Cr | -27.73 % | + 8.73 % |
| Expenses | Rs. 0.71 Cr | Rs. 0.57 Cr | Rs. 0.51 Cr | -10.53 % | -28.17 % |
| Operating Profit | Rs. 0.28 Cr | Rs. 0.91 Cr | Rs. 0.56 Cr | -38.46 % | + 100 % |
| Net Profit | Rs. 0.07 Cr | Rs. 0.58 Cr | Rs. 8.58 Cr | + 1379.31 % | + 12157.14 % |
| EPS in Rs | Rs. 0.09 | Rs. 0.84 | Rs. 12.29 | + 1363.1 % | + 13555.56 % |
In reviewing Surya India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.73 % year-on-year growth, although there was a slight dip of -27.73 % from the previous quarter. Expenses decreased by -28.17 % compared to the previous year, with a decrease of -10.53 % quarter-on-quarter. Operating Profit surged by 100 % annually, and saw a -38.46 % decrease from the last quarter.
Net Profit showed yearly increase of 12157.14 %, and experienced a 1379.31 % increase from the previous quarter. Earnings Per Share (EPS) rose by 13555.56 % annually, however rose by 1363.1 % compared to the last quarter. In essence, while Surya India 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.
