Syrma Sgs Technology announces Q2 results: Profit Rises by 103.91% YoY

The comprehensive analytics outlining the performance and outlook of Syrma Sgs Technology 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 Syrma Sgs Technology 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 22.45 %. However, it did see a marginal slip of -40.95 % from the previous quarter. Expenses decreased slightly by -43.67 % quarter-on-quarter, aligning with the annual rise of 18.22 %. Operating profit, while up 167.5 % compared to last year, faced a quarter-on-quarter increase of 120.58 %, 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 3.35 %, but an expansion of 4.52 % sequentially. Other income fell by -11.99 % compared to the last quarter, despite an annual growth of 41.29 %. Interest expenses surged remarkably by 3.35 % from the previous quarter, yet the year-over-year increase remains at a moderate 86.24 %. Depreciation costs fell by -0.83 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 52.05 %. Profit before tax grew annually by 233.45 % but saw an increase from the preceding quarter by 378.96 %.
Tax expenses as a percentage of profits decreased slightly by -31.07 % compared to last year, with a more notable quarter-on-quarter decrease of -16.85 %. Net profit rose by 103.91 % year-on-year but experienced a 492.31 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 111.63 % but a quarterly rise of 506.67 %. In summary, Syrma Sgs Technology Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Syrma Sgs Technology Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.45 % year-on-year growth, although there was a slight dip of -40.95 % from the previous quarter. Expenses rose by 18.22 % compared to the previous year, with a decrease of -43.67 % quarter-on-quarter. Operating Profit surged by 167.5 % annually, and saw a 120.58 % increase from the last quarter.
Net Profit showed yearly increase of 103.91 %, and experienced a 492.31 % increase from the previous quarter. Earnings Per Share (EPS) rose by 111.63 % annually, however rose by 506.67 % compared to the last quarter. In essence, while Syrma Sgs Technology 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.