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Home»Investments»SIL Investments Q4 results live: Profit decreased by 85.96% YoY
Investments

SIL Investments Q4 results live: Profit decreased by 85.96% YoY

prosperplanetpulse.comBy prosperplanetpulse.comMay 11, 2024No Comments2 Mins Read0 Views
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SIL Investments Q4 Results Live: SIL Investments announced its Q4 results on May 10, 2024, revealing a significant decline in both revenue and profit. Sales decreased by 72.07% compared to the same period last year, and profit decreased by 85.96% compared to the same period last year.

Comparing to the previous quarter, it was a tough time for SIL Investments, as the company’s revenue decreased by 73.53% and profit decreased by 82.08%.

Selling, general and administrative expenses showed a contrasting trend, decreasing by 48.06% quarter-on-quarter, but increasing significantly by 406.04% year-on-year. This highlights the need for cost management strategies within companies.

Similarly, operating profit took a hit, dropping 89.69% quarter-on-quarter and 89.74% year-on-year. These numbers reflect the operational challenges faced by SIL Investments during the quarter.

Earnings per share (EPS) for the fourth quarter was INR1.89, a decrease of 85.93% from the previous year. This decline in EPS is consistent with a decline in the company’s overall profits.

Despite the tough financial results, SIL Investments has shown mixed performance in terms of returns, returning -3.39% in the last week, 40.89% in the past 6 months, and 18.63% year-to-date. This suggests a change in investor sentiment towards the company.

Currently, SIL Investments’ market capitalization is INR540.71Cr, 52 week high/low is INR578 and INR297.4 each. These numbers provide further context to the company’s performance in the market.

SIL investment finance

period Q4 Q3 QoQ growth Q4 YoY growth rate
total income 5.61 21.19 -73.53% September 20 -72.07%
Total selling, general and administrative expenses 1.34 2.58 -48.06% 0.26 +406.04%
Depreciation and amortization expenses 0.47 0.42 +11.9% 0.46 +1.58%
total operating expenses 3.87 4.31 -10.21% 3.13 +23.47%
Operating income 1.74 16.88 -89.69% 16.95 -89.74%
Net income before tax 2.58 17.24 -85.03% 17.08 -84.89%
Net income 2 11.16 -82.08% 14.25 -85.96%
Diluted normalized EPS 1.89 10.53 -82.05% 13.44 -85.93%

FAQ

Question: What are the profits and losses for each company in the fourth quarter?

Answer: ₹2Cr

Q: What are your fourth quarter earnings?

Answer : ₹5.61Cr

Get the latest information on quarterly financial results with our financial results calendar

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