Sumuka Agro Industries Reports Mixed Financial Results for Q2 FY25

Nov 18 2024 09:51 AM IST
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Sumuka Agro Industries, a microcap company in the paper and paper products industry, reported its financial results for Q2 FY24-25. While net sales showed a growth of 29.14% year on year, operating profit, operating profit margin, and profit before tax were the lowest in the last five quarters. Investors should carefully evaluate the company's performance before making any investment decisions.

Sumuka Agro Industries, a microcap company in the paper and paper products industry, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Sumuka Agro’s performance in Q2 FY24-25 has been flat, with a score of 1 compared to 6 in the previous quarter. However, there are some positive aspects to the company’s financials. The net sales for the quarter were Rs 14.89 crore, showing a growth of 29.14% year on year. The near-term sales trend is also positive.


On the other hand, there are some areas of concern for Sumuka Agro. The operating profit (PBDIT) for the quarter was the lowest in the last five quarters at Rs 0.68 crore. The near-term trend for operating profit is negative, indicating a decline in the company’s efficiency. The operating profit margin was also the lowest in the last five quarters at 4.57%, further highlighting the deterioration in the company’s efficiency. The profit before tax less other income (PBT) was also the lowest in the last five quarters at Rs 0.64 crore, with a negative trend in the near term. The earnings per share (EPS) for the quarter were also the lowest in the last five quarters at Rs 0.90, indicating a decline in profitability and lower earnings for shareholders.


Overall, Sumuka Agro’s financial performance for the quarter ending September 2024 has been mixed, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.


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