SPRIGHT AGRO announced its Q3 results for the financial year 2025 today. The company reported a massive jump in net sales, reaching Rs. 54.91 crore in December 2024. This marks a 142.13% increase compared to Rs. 22.68 crore in December 2023.
However, despite strong revenue growth, the company’s earnings per share (EPS) saw a decline. SPRIGHT AGRO’s EPS dropped to Rs. 0.07 in December 2024, compared to Rs. 2.19 in December 2023. Investors are keen to understand the reasons behind this decline, especially given the company’s rise in net profit.
Financial Performance Overview
SPRIGHT AGRO posted a net profit of Rs. 7.09 crore in December 2024, which is 28.88% higher than Rs. 5.50 crore in December 2023. The company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) stood at Rs. 6.95 crore, showing a 17.4% increase from Rs. 5.92 crore in December 2023.
Here is a summary of SPRIGHT AGRO’s standalone quarterly results:
| Particulars | Dec’24 | Sep’24 | Dec’23 |
|---|---|---|---|
| Net Sales | Rs. 54.91 Cr | Rs. 54.03 Cr | Rs. 22.68 Cr |
| Net Profit | Rs. 7.09 Cr | Rs. 6.96 Cr | Rs. 5.50 Cr |
| EBITDA | Rs. 6.95 Cr | Rs. 7.00 Cr | Rs. 5.92 Cr |
| EPS (Basic) | Rs. 0.07 | Rs. 0.13 | Rs. 2.19 |
Stock Performance and Market Reaction
SPRIGHT AGRO’s stock closed at Rs. 6.91 on the BSE today. Over the last six months, the stock has delivered a negative return of -83.26%, but in the past year, it has shown 13.09% growth. Investors will be watching closely to see if the recent financial performance can help improve stock sentiment in the coming months.
Key Factors Behind the Performance
- Revenue Surge: The company’s sales growth was driven by higher demand and improved market penetration.
- Higher Costs: While revenue increased, higher raw material costs and operational expenses impacted profit margins.
- EPS Decline: The sharp drop in EPS despite rising profits suggests an increase in outstanding shares or changes in accounting adjustments.
What’s Next for SPRIGHT AGRO?
With its strong sales growth, SPRIGHT AGRO is showing positive business momentum. However, the declining EPS and fluctuating stock performance could raise concerns among investors. Analysts will be looking at how the company manages its costs and sustains profitability in the upcoming quarters.
Stay tuned for more updates on SPRIGHT AGRO share news, dividend updates, and market performance.
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