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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’s sales declined by -98.47 % over the year, substantial increase in net sales/revenue by 575 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -97.72 %, Marginal decrease of -54.97% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Suryavanshi Spinning Mills Ltd.,. Profit dropped by -285.92 % Year to Year, Suryavanshi Spinning Mills Ltd.,’s profitability increased by 92.22 % in this quarter.
- EPS over the Year and quarter: EPS declined by -286.08 % Year to Year. EPS increased by 92.42 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 10.594 Cr | Rs. 0.024 Cr | Rs. 0.162 Cr | + 575 % | -98.47 % |
Expenses | Rs. 11.52 Cr | Rs. 0.79 Cr | Rs. 0.88 Cr | + 11.39 % | -92.36 % |
Operating Profit | Rs. -0.93 Cr | Rs. -0.77 Cr | Rs. -0.72 Cr | + 6.49 % | + 22.58 % |
OPM % | -8.78 % | -3208.33 % | -444.44 % | + 2763.89 % | -435.66 % |
Other Income | Rs. 2.983 Cr | Rs. 0.151 Cr | Rs. 0.068 Cr | -54.97 % | -97.72 % |
Interest | Rs. 0.31 Cr | Rs. 0.4 Cr | Rs. 0.38 Cr | -5 % | + 22.58 % |
Depreciation | Rs. 0.41 Cr | Rs. 0.16 Cr | Rs. 0.14 Cr | -12.5 % | -65.85 % |
Profit before tax | Rs. 1.33 Cr | Rs. -1.18 Cr | Rs. -1.17 Cr | + 0.85 % | -187.97 % |
Tax % | 0 % | -0 % | -5.11 % | -5.11 % | -5.11 % |
Net Profit | Rs. 1.34 Cr | Rs. -1.3 Cr | Rs. -2.5 Cr | -92.31 % | -286.57 % |
EPS in Rs | Rs. 2.73 | Rs. -2.64 | Rs. -5.08 | -92.42 % | -286.08 % |
Today, we’re looking at Suryavanshi Spinning Mills Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -98.47 %. However, it did see a marginal increase of 575 % from the previous quarter. Expenses ticked up slightly by 11.39 % quarter-on-quarter, aligning with the annual decline of -92.36 %. Operating profit, while up 22.58 % compared to last year, faced a quarter-on-quarter increase of 6.49 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -435.66 %, but an expansion of 2763.89 % sequentially. Other income fell by -54.97 % compared to the last quarter, despite an annual decline of -97.72 %. Interest expenses dropped significantly by -5 % from the previous quarter, yet the year-over-year increase remains at a moderate 22.58 %. Depreciation costs fell by -12.5 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -65.85 %. Profit before tax declined annually by -187.97 % but saw an increase from the preceding quarter by 0.85 %.
Tax expenses as a percentage of profits decreased slightly by -5.11 % compared to last year, with a more notable quarter-on-quarter decrease of -5.11 %. Net profit fell by -286.57 % year-on-year but witnessed a -92.31 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -286.08 % but a quarterly fall of -92.42 %. In summary, Suryavanshi 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. 10.594 Cr | Rs. 0.024 Cr | Rs. 0.162 Cr | + 575 % | -98.47 % |
Expenses | Rs. 11.52 Cr | Rs. 0.79 Cr | Rs. 0.88 Cr | + 11.39 % | -92.36 % |
Operating Profit | Rs. -0.93 Cr | Rs. -0.77 Cr | Rs. -0.72 Cr | + 6.49 % | + 22.58 % |
Net Profit | Rs. 1.34 Cr | Rs. -1.3 Cr | Rs. -2.5 Cr | -92.31 % | -286.57 % |
EPS in Rs | Rs. 2.73 | Rs. -2.64 | Rs. -5.08 | -92.42 % | -286.08 % |
In reviewing Suryavanshi Spinning Mills Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -98.47 % year-on-year, however, there was a minor increase of 575 % from the previous quarter. Expenses decreased by -92.36 % compared to the previous year, with a 11.39 % increase quarter-on-quarter. Operating Profit surged by 22.58 % annually, and saw a 6.49 % increase from the last quarter.
Net Profit showed yearly decrease of -286.57 %, and experienced a -92.31 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -286.08 % annually, however dipped by -92.42 % compared to the last quarter. In essence, while Suryavanshi Spinning Mills Ltd., faces strong annual decline 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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