Suyog Telematics announced Financial Results Q1 2024-25

The comprehensive analytics outlining the performance and outlook of Suyog Telematics 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.

Today, we’re looking at Suyog Telematics Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.87 %. However, it did see a marginal increase of 1.39 % from the previous quarter. Expenses decreased slightly by -21.96 % quarter-on-quarter, aligning with the annual rise of 12.97 %. Operating profit, while up 21.4 % compared to last year, faced a quarter-on-quarter increase of 15.19 %, 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 1.49 %, but an expansion of 8.56 % sequentially. Other income fell by -4.61 % compared to the last quarter, despite an annual growth of 214.8 %. Interest expenses dropped significantly by -19.76 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.27 %. Depreciation costs climbed by 4.95 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50.75 %. Profit before tax grew annually by 29.1 % but saw an increase from the preceding quarter by 27.6 %.
Tax expenses as a percentage of profits decreased slightly by -5.22 % compared to last year, with a more notable quarter-on-quarter increase of 15.26 %. Net profit rose by 37.65 % year-on-year but experienced a 7.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 35.62 % but a quarterly rise of 7.46 %. In summary, Suyog Telematics Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Suyog Telematics Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.87 % year-on-year growth, however, there was a minor increase of 1.39 % from the previous quarter. Expenses rose by 12.97 % compared to the previous year, with a decrease of -21.96 % quarter-on-quarter. Operating Profit surged by 21.4 % annually, and saw a 15.19 % increase from the last quarter.
Net Profit showed yearly increase of 37.65 %, and experienced a 7.44 % increase from the previous quarter. Earnings Per Share (EPS) rose by 35.62 % annually, however rose by 7.46 % compared to the last quarter. In essence, while Suyog Telematics 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.