Suryalakshmi Cotton Mills Reports Flat Performance Amid Mixed Financial Indicators in December 2024

Suryalakshmi Cotton Mills, a microcap player in the textile industry, has recently reported its financial results for the quarter ending December 2024. The company has experienced a flat financial performance during this period. Notably, there has been an adjustment in its evaluation, with the score moving to -5 from -9 over the last three months.
The financial results highlight some positive aspects for Suryalakshmi Cotton Mills. The earnings per share (EPS) reached Rs 0.45, marking the highest level in the last five quarters, indicating an increase in profitability and enhanced earnings for shareholders.

However, the results also reveal challenges. The profit after tax (PAT) for the nine-month period stands at Rs 1.89 crore, reflecting a significant year-on-year decline. Additionally, the operating profit has reached its lowest point in five quarters at Rs 11.93 crore, and the operating profit margin has also decreased to 6.16%, suggesting a decline in operational efficiency. Furthermore, a substantial portion of the profit before tax is derived from non-operating income, raising concerns about the sustainability of the business model.

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