Sanco Industries Q1 Results, Reported ₹7.50 Lakhs Loss Despite ₹0.94 Lakhs Revenue

Sanco Industries Q1 Results 2024 - 2025: Sanco Industries reported its Q1 results for the 2024-2025 financial year on September 10, 2024. The company experienced a significant drop in revenue, with a decrease of 83.65% compared to the previous quarter.

This decline reflects the challenging market conditions and operational difficulties Sanco is facing. The revenue from operations stood at just ₹0.94 lakhs, a sharp fall from ₹5.56 lakhs in Q4 2023, marking a stark year-over-year (YoY) decline.

In terms of expenses, Sanco also saw a considerable rise in costs, with total expenses for the quarter amounting to ₹8.44 lakhs, up from ₹16.08 lakhs in Q4 2023, indicating a 47.4% increase quarter-over-quarter (QoQ).

This rise in expenses, along with the decrease in revenue, resulted in a negative profit before tax of ₹7.50 lakhs for the quarter. The company's financial performance, marked by these significant QoQ changes, highlights the ongoing impact of the Corporate Insolvency Resolution Process (CIRP) on its operations.

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Sanco Industries Q1 Results 2024 - 2025

Here's a summary of Sanco Industries' Q1 financial results for the 2024-2025 fiscal year:

The following table provides a clear overview of the company's performance for the quarter ending June 30, 2024. It compares key figures with previous periods to illustrate the financial changes:

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Sanco Industries Current Market Overview

Sanco Industries is currently trading at ₹4.59 per share, showing a decline of 5.17%. The company's market cap is ₹6.00 crore, with its stock price having ranged from ₹9.85 to ₹3.95 over the past period.

The company's book value is negative at ₹-4.30, and it does not offer a dividend. Its return on capital employed (ROCE) is negative at -1.09%, reflecting challenges in generating profits from its investments. The stock has a face value of ₹10.0.

Quarterly Results

Here’s a summary of Sanco Industries's quarterly results for the periods ending December 2023, March 2024, and June 2024:

In the most recent quarters, Sanco Industries reported the following financial figures:

About Sanco Industries

Sanco Industries is a company that specializes in manufacturing various electrical and wiring products. Their product range includes PVC conduit pipes, PVC wires and cables, and copper wire rods.

These products are used in different applications, such as wiring in buildings, connections for house meters and water pumps, and streetlights and traffic signals. Sanco is known for its commitment to quality, strong quality assurance process, and ISO certification.

The company supplies its products to sectors like railways, telecom, agriculture, construction, and irrigation. Mr. Sanjay Gupta and Mr. Anurag Gupta lead Sanco.

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