SWARNSARITA JEWELS INDIA announces Q2 results: Profit Rises by 169.52% YoY

The comprehensive analytics outlining the performance and outlook of SWARNSARITA JEWELS INDIA 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 SWARNSARITA JEWELS INDIA 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 14.61 %. However, it did see a marginal increase of 48.12 % from the previous quarter. Expenses ticked up slightly by 56.69 % quarter-on-quarter, aligning with the annual rise of 13.51 %. Operating profit, while up 703.13 % compared to last year, faced a quarter-on-quarter dip of -74.6 %, 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 0.96 %, but a shrinkage of -5.4 % sequentially. Other income rose by 393.75 % compared to the last quarter, despite an annual decline of -54.99 %. Interest expenses surged remarkably by 2.82 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.88 %. Depreciation costs climbed by 11.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 42.86 %. Profit before tax grew annually by 168.79 % but saw a reduction from the preceding quarter by -88.34 %.
Tax expenses as a percentage of profits increased slightly by 49.95 % compared to last year, with a more notable quarter-on-quarter increase of 0.02 %. Net profit rose by 169.52 % year-on-year but witnessed a -88.32 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 168.63 % but a quarterly fall of -88.29 %. In summary, SWARNSARITA JEWELS INDIA LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing SWARNSARITA JEWELS INDIA LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.61 % year-on-year growth, however, there was a minor increase of 48.12 % from the previous quarter. Expenses rose by 13.51 % compared to the previous year, with a 56.69 % increase quarter-on-quarter. Operating Profit surged by 703.13 % annually, and saw a -74.6 % decrease from the last quarter.
Net Profit showed yearly increase of 169.52 %, and experienced a -88.32 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 168.63 % annually, however dipped by -88.29 % compared to the last quarter. In essence, while SWARNSARITA JEWELS INDIA LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.