Sanrhea Technical Textiles Reports Massive 1072% Revenue Surge in Q1
Sanrhea Technical Textiles Limited has reported exceptional financial results for the latest quarter. Total income surged 1072% year-on-year to Rs 7512.53 lakhs. Net profit increased by 395% to Rs 472.48 lakhs. Earnings per share rose to Rs 9.45 from Rs 1.91. Despite higher absolute profits, net profit margin decreased to 6.29% from 14.91% in the same quarter last year. The company maintained its equity share capital at Rs 500.00 lakhs with reserves at Rs 2030.18 lakhs.
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Sanrhea Technical Textiles Limited has reported a remarkable financial performance in its latest quarterly results, showcasing significant growth across key metrics.
Revenue Soars
The company's total income for the quarter skyrocketed to Rs 7512.53 lakhs, marking an extraordinary year-on-year increase of 1072% from Rs 640.62 lakhs in the same quarter last year. This substantial revenue growth reflects a strong market demand for the company's products and successful business strategies.
Profit Expansion
Sanrhea Technical Textiles' net profit showed impressive growth, reaching Rs 472.48 lakhs compared to Rs 95.51 lakhs in the previous year's corresponding quarter. This represents a substantial 395% increase in profitability, indicating improved operational efficiency and cost management.
Earnings Per Share
The company's earnings per share (EPS) saw a significant boost, rising to Rs 9.45 from Rs 1.91 in the same quarter last year. This fivefold increase in EPS is likely to be well-received by shareholders and investors.
Financial Position
Sanrhea Technical Textiles maintained its equity share capital at Rs 500.00 lakhs, while its reserves stood at Rs 2030.18 lakhs, indicating a stable financial foundation.
Profitability Metrics
Despite the massive revenue growth, the company's net profit margin for the quarter was recorded at 6.29%, compared to 14.91% in the same quarter last year. This decrease in profit margin percentage, despite higher absolute profits, suggests increased costs or changes in the product mix.
| Metric | Current Quarter | Previous Year Quarter | YoY Change |
|---|---|---|---|
| Total Income (Rs lakhs) | 7512.53 | 640.62 | +1072.00% |
| Net Profit (Rs lakhs) | 472.48 | 95.51 | +395.00% |
| EPS (Rs) | 9.45 | 1.91 | +395.00% |
| Net Profit Margin | 6.29% | 14.91% | -862 bps |
The company's extraordinary performance in this quarter positions it strongly for the fiscal year ahead.
Historical Stock Returns for Sanrhea Technical Textiles
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.72% | +12.87% | +9.10% | +2.64% | -15.64% | +1,317.36% |
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