Super Sales India Limited Reports 73% Surge in Q1 Profit
Super Sales India Limited has reported strong Q1 financial results with a 73% year-over-year increase in net profit to Rs 176.40 lakhs. Total income rose 2% to Rs 10,089.85 lakhs, while revenue from operations grew 1.5% to Rs 9,883.19 lakhs. The company's Textile Division remains the largest revenue contributor at Rs 7,942.33 lakhs. Earnings Per Share improved to Rs 5.74 from Rs 3.31 in the same quarter last year. The company's balance sheet shows total assets of Rs 74,931.84 lakhs and capital employed of Rs 58,068.97 lakhs, indicating a robust financial position.
*this image is generated using AI for illustrative purposes only.
Super Sales India Limited has reported a robust financial performance for the first quarter, with a significant increase in profit and steady revenue growth across its business segments.
Key Financial Highlights
- Net Profit: Rs 176.40 lakhs, up 73% year-over-year (YoY)
- Total Income: Rs 10,089.85 lakhs, a 2% increase YoY
- Revenue from Operations: Rs 9,883.19 lakhs, up 1.5% YoY
- Earnings Per Share (EPS): Rs 5.74, compared to Rs 3.31 in the same quarter last year
Segment-wise Performance
Super Sales India Limited operates through three main divisions:
- Textile Division: Generated revenue of Rs 7,942.33 lakhs
- Engineering Division: Reported revenue of Rs 1,732.88 lakhs
- Agency Division: Contributed Rs 414.63 lakhs to the total revenue
Financial Analysis
The company's performance shows a marked improvement in profitability despite modest revenue growth. The 73% increase in net profit from Rs 101.66 lakhs to Rs 176.40 lakhs is particularly noteworthy. This surge in profit can be attributed to improved operational efficiency and better cost management.
Total income for the quarter stood at Rs 10,089.85 lakhs, up from Rs 9,891.55 lakhs in the same quarter last year, representing a 2% growth. The revenue from operations also saw an uptick, rising to Rs 9,883.19 lakhs from Rs 9,737.43 lakhs year-over-year.
Segment Performance
The Textile Division remains the largest contributor to the company's revenue, accounting for approximately 80% of the total operational income. The Engineering Division has shown growth, while the Agency Division experienced a slight decline compared to the previous year.
Balance Sheet and Other Financials
| Metric | Amount (in lakhs) |
|---|---|
| Total Assets | 74,931.84 |
| Total Liabilities | 16,862.87 |
| Capital Employed | 58,068.97 |
The company's balance sheet remains strong, with a healthy capital employed figure, indicating a robust financial position.
Management Commentary
The Board of Directors approved these results at their meeting held on July 21. The company's management expressed satisfaction with the quarterly performance, particularly highlighting the significant improvement in profitability.
Conclusion
Super Sales India Limited has started the fiscal year on a strong note, with substantial profit growth and stable revenue performance across its business segments. The company's focus on operational efficiency appears to be yielding positive results, as evidenced by the sharp increase in net profit despite modest revenue growth. Investors and market analysts will likely be watching closely to see if this trend continues in the coming quarters.
Note: All figures are based on the unaudited financial results for the quarter ended June 30, as reported by the company.
Historical Stock Returns for Super Sales
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.52% | +1.53% | -3.68% | -17.03% | -43.72% | +211.54% |
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