Sonam Q1 Results with Revenue ₹2,267.10 Lakhs & Net Profit ₹117.36 Lakhs

Sonam reported a total revenue of ₹2,267.10 lakhs for the first quarter ended June 30, 2024, which is slightly higher than the ₹2,227.78 lakhs reported in the previous quarter and significantly up from ₹1,736.51 lakhs in the same quarter last year. The revenue growth indicates a positive trend in the company’s sales and overall performance. The cost of materials consumed increased to ₹1,249.20 lakhs from ₹607.68 lakhs in the previous quarter, reflecting higher production costs. 

The purchase of stock-in-trade also rose to ₹622.07 lakhs from ₹745.19 lakhs in the previous quarter. Despite these rising costs, Sonam managed to keep other expenses relatively controlled. The total expenses for the quarter were ₹2,074.61 lakhs, which is an increase from ₹1,985.21 lakhs in the previous quarter. 

Sonam’s profit before finance costs and exceptional items was ₹192.49 lakhs, showing a decrease from ₹242.56 lakhs in the last quarter but an improvement from ₹162.14 lakhs in the same quarter last year. After accounting for finance costs and taxes, Sonam’s net profit for the quarter stood at ₹117.36 lakhs, compared to ₹167.99 lakhs in the previous quarter and ₹75.43 lakhs in the same quarter last year. 

This shows that while the company’s profitability decreased slightly from the previous quarter, it has still shown strong performance compared to last year.

Source: Here 

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Sonam Q1 Results 2024-2025

Sonam reported notable changes in its financial metrics for the first quarter of the financial year 2024-2025. Their net sales for the quarter reached ₹2,259.73 lakhs, showing a significant increase from ₹1,724.37 lakhs in the same quarter of the previous year.

Here’s the Q1 Results 2024-2025:

Sonam Stock Performance 

This financial table shows key details about Sonam's stock. The Market Cap is ₹196 Crore, which is the total value of all its shares combined. The Current Price of one share is ₹49.00. The share's highest price was ₹59.40, and the lowest was ₹24.50. 

Here's the information:

Quarterly Results 

The table shows financial results for Sonam across three periods: December 2023, March 2024, and June 2024. Sales decreased slightly from December to June. Expenses increased, especially in June, which reduced operating profit. The operating profit margin, or OPM %, fell, indicating lower efficiency in earning profit from sales.

Here’s a summary of the financial metrics for the company:

(Figures in Rs. Crores)

About Sonam 

Sonam Clock is a leading company in India that makes customized clocks, especially for corporate gifts. It has become one of the largest companies in this field, showing impressive growth over the years. The company uses advanced technology and modern equipment to produce a wide variety of clocks, including Clocks, LED Clocks, and Timepieces.

Sonam Clock is known for its skilled management team and hardworking employees, many of whom come from nearby villages, with a significant number being female workers. The team works with dedication and commitment, which has helped the company achieve great success. 

For the past seven years, Sonam has been growing steadily and has built a strong reputation in the clock manufacturing industry. It competes effectively with other companies and has a strong marketing network that supports its growth.