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Synergy Green Industries announces Q2 results: Profit Rises by 29.6% YoY

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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 experienced a substantial growth of 23.57 % in the past year, substantial increase in net sales/revenue by 12.89 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -19.13 %, Marginal decrease of -68.47% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Synergy Green Industries Limited. Notable increase of 29.67 % in net profit Year to Year, Synergy Green Industries Limited’s profitability increased by 40.79 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 29.52 % Year to Year. EPS increased by 40.67 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Synergy Green Industries 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 71.953 Cr Rs. 78.761 Cr Rs. 88.914 Cr + 12.89 % + 23.57 %
Expenses Rs. 61.52 Cr Rs. 68.53 Cr Rs. 75.8 Cr + 10.61 % + 23.21 %
Operating Profit Rs. 10.43 Cr Rs. 10.23 Cr Rs. 13.11 Cr + 28.15 % + 25.7 %
OPM % 14.5 % 12.99 % 14.74 % + 1.75 % + 0.24 %
Other Income Rs. 0.115 Cr Rs. 0.295 Cr Rs. 0.093 Cr -68.47 % -19.13 %
Interest Rs. 3.2 Cr Rs. 3.42 Cr Rs. 3.74 Cr + 9.36 % + 16.88 %
Depreciation Rs. 2.97 Cr Rs. 3.03 Cr Rs. 3.24 Cr + 6.93 % + 9.09 %
Profit before tax Rs. 4.38 Cr Rs. 4.08 Cr Rs. 6.22 Cr + 52.45 % + 42.01 %
Tax % 26.68 % 27.5 % 33.33 % + 5.83 % + 6.65 %
Net Profit Rs. 3.21 Cr Rs. 2.95 Cr Rs. 4.16 Cr + 41.02 % + 29.6 %
EPS in Rs Rs. 2.27 Rs. 2.09 Rs. 2.94 + 40.67 % + 29.52 %


Today, we’re looking at Synergy Green Industries 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 23.57 %. However, it did see a marginal increase of 12.89 % from the previous quarter. Expenses ticked up slightly by 10.61 % quarter-on-quarter, aligning with the annual rise of 23.21 %. Operating profit, while up 25.7 % compared to last year, faced a quarter-on-quarter increase of 28.15 %, 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 0.24 %, but an expansion of 1.75 % sequentially. Other income fell by -68.47 % compared to the last quarter, despite an annual decline of -19.13 %. Interest expenses surged remarkably by 9.36 % from the previous quarter, yet the year-over-year increase remains at a moderate 16.88 %. Depreciation costs climbed by 6.93 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.09 %. Profit before tax grew annually by 42.01 % but saw an increase from the preceding quarter by 52.45 %.
Tax expenses as a percentage of profits increased slightly by 6.65 % compared to last year, with a more notable quarter-on-quarter increase of 5.83 %. Net profit rose by 29.6 % year-on-year but experienced a 41.02 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 29.52 % but a quarterly rise of 40.67 %. In summary, Synergy Green Industries 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. 71.953 Cr Rs. 78.761 Cr Rs. 88.914 Cr + 12.89 % + 23.57 %
Expenses Rs. 61.52 Cr Rs. 68.53 Cr Rs. 75.8 Cr + 10.61 % + 23.21 %
Operating Profit Rs. 10.43 Cr Rs. 10.23 Cr Rs. 13.11 Cr + 28.15 % + 25.7 %
Net Profit Rs. 3.21 Cr Rs. 2.95 Cr Rs. 4.16 Cr + 41.02 % + 29.6 %
EPS in Rs Rs. 2.27 Rs. 2.09 Rs. 2.94 + 40.67 % + 29.52 %


In reviewing Synergy Green Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.57 % year-on-year growth, however, there was a minor increase of 12.89 % from the previous quarter. Expenses rose by 23.21 % compared to the previous year, with a 10.61 % increase quarter-on-quarter. Operating Profit surged by 25.7 % annually, and saw a 28.15 % increase from the last quarter.
Net Profit showed yearly increase of 29.6 %, and experienced a 41.02 % increase from the previous quarter. Earnings Per Share (EPS) rose by 29.52 % annually, however rose by 40.67 % compared to the last quarter. In essence, while Synergy Green Industries 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.

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