Share the post "Suryalata Spinning Mills ‘s Q2 Report: Revenue Rises by 20.04% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 20.04 % in the past year, substantial increase in net sales/revenue by 13.88 %.
- 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 159.64 %. Marginal increase in other income during this quarter, up by 58.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Suryalata Spinning Mills Ltd.,. Profit dropped by -65.78 % Year to Year, Suryalata Spinning Mills Ltd.,’s profitability dropped by -16.35 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -65.83 % Year to Year. EPS decreased by -16.49 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 111.508 Cr | Rs. 117.541 Cr | Rs. 133.857 Cr | + 13.88 % | + 20.04 % |
Expenses | Rs. 99.9 Cr | Rs. 109.37 Cr | Rs. 126.05 Cr | + 15.25 % | + 26.18 % |
Operating Profit | Rs. 11.61 Cr | Rs. 8.17 Cr | Rs. 7.81 Cr | -4.41 % | -32.73 % |
OPM % | 10.41 % | 6.95 % | 5.83 % | -1.12 % | -4.58 % |
Other Income | Rs. -0.669 Cr | Rs. 0.252 Cr | Rs. 0.399 Cr | + 58.33 % | + 159.64 % |
Interest | Rs. 1.59 Cr | Rs. 2.13 Cr | Rs. 1.99 Cr | -6.57 % | + 25.16 % |
Depreciation | Rs. 3.45 Cr | Rs. 4.1 Cr | Rs. 4.17 Cr | + 1.71 % | + 20.87 % |
Profit before tax | Rs. 5.9 Cr | Rs. 2.19 Cr | Rs. 2.05 Cr | -6.39 % | -65.25 % |
Tax % | 16.36 % | 7.98 % | 17.75 % | + 9.77 % | + 1.39 % |
Net Profit | Rs. 4.93 Cr | Rs. 2.02 Cr | Rs. 1.69 Cr | -16.34 % | -65.72 % |
EPS in Rs | Rs. 11.56 | Rs. 4.73 | Rs. 3.95 | -16.49 % | -65.83 % |
Today, we’re looking at Suryalata Spinning Mills Ltd.,’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 20.04 %. However, it did see a marginal increase of 13.88 % from the previous quarter. Expenses ticked up slightly by 15.25 % quarter-on-quarter, aligning with the annual rise of 26.18 %. Operating profit, while down -32.73 % compared to last year, faced a quarter-on-quarter dip of -4.41 %, 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 -4.58 %, but a shrinkage of -1.12 % sequentially. Other income rose by 58.33 % compared to the last quarter, despite an annual growth of 159.64 %. Interest expenses dropped significantly by -6.57 % from the previous quarter, yet the year-over-year increase remains at a moderate 25.16 %. Depreciation costs climbed by 1.71 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.87 %. Profit before tax declined annually by -65.25 % but saw a reduction from the preceding quarter by -6.39 %.
Tax expenses as a percentage of profits increased slightly by 1.39 % compared to last year, with a more notable quarter-on-quarter increase of 9.77 %. Net profit fell by -65.72 % year-on-year but witnessed a -16.34 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -65.83 % but a quarterly fall of -16.49 %. In summary, Suryalata Spinning Mills 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. 111.508 Cr | Rs. 117.541 Cr | Rs. 133.857 Cr | + 13.88 % | + 20.04 % |
Expenses | Rs. 99.9 Cr | Rs. 109.37 Cr | Rs. 126.05 Cr | + 15.25 % | + 26.18 % |
Operating Profit | Rs. 11.61 Cr | Rs. 8.17 Cr | Rs. 7.81 Cr | -4.41 % | -32.73 % |
Net Profit | Rs. 4.93 Cr | Rs. 2.02 Cr | Rs. 1.69 Cr | -16.34 % | -65.72 % |
EPS in Rs | Rs. 11.56 | Rs. 4.73 | Rs. 3.95 | -16.49 % | -65.83 % |
In reviewing Suryalata Spinning Mills Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.04 % year-on-year growth, however, there was a minor increase of 13.88 % from the previous quarter. Expenses rose by 26.18 % compared to the previous year, with a 15.25 % increase quarter-on-quarter. Operating Profit dropped by -32.73 % annually, and saw a -4.41 % decrease from the last quarter.
Net Profit showed yearly decrease of -65.72 %, and experienced a -16.34 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -65.83 % annually, however dipped by -16.49 % compared to the last quarter. In essence, while Suryalata Spinning Mills Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”Suryalata Spinning Mills Ltd.,”]