Sikko Industries Q1 Results Net Profit Reaches ₹174.90 Lakh, Earnings Per Share Improve to ₹1.04

Sikko Industries Q1 Results 2024-2025: Sikko Industries announced their Q1 results for 2024-2025 on July 25, 2024, showcasing a strong performance with a 10.68% increase in revenue compared to the previous quarter.

For the June 30, 2024 quarter, the company reported net sales of ₹1,587.60 lakh, up from ₹1,426.68 lakh in Q4 2023-2024, reflecting a positive quarter-over-quarter (QoQ) growth. The company's total income also saw a rise of 2.54% QoQ, reaching ₹1,591.46 lakh from ₹1,762.59 lakh in the previous quarter.

Additionally, Sikko Industries demonstrated impressive profitability, with a 53.28% QoQ increase in net profit, totaling ₹174.90 lakh compared to ₹65.27 lakh in the previous quarter. The company's earnings per share (EPS) improved significantly to ₹1.04 from ₹0.39, marking a robust quarter-over-quarter performance.

Overall, these results highlight a solid growth trajectory for Sikko Industries as they continue to strengthen their financial position in the current fiscal year.

For More Q1 results check our Twitter Page

Sikko Industries Q1 Results 2024 - 2025

Here is a summary of Sikko Industries's Q1 results for 2024-2025:

The following table outlines the key financial metrics for the quarter ending June 30, 2024, compared to the previous quarter:

Source: Click Here

Sikko Industries Current Market Overview

Sikko Industries is currently trading at ₹110 per share, with a market capitalization of ₹184 crore. The stock has fluctuated between ₹57 and ₹125 recently, showing some volatility. It has a Price-to-Earnings (P/E) ratio of 34.6, and its book value is ₹16.6 per share.

The dividend yield is quite low at 0.14%. The company shows strong financial performance with a Return on Capital Employed (ROCE) of 20.6% and a Return on Equity (ROE) of 15.7%. Overall, Sikko Industries is performing well in the market, reflecting solid financial health.

Quarterly Results

Here’s a summary of Sikko Industries's quarterly results for December 2023, March 2024, and June 2024:

About Sikko Industries

Sikko Industries is an Indian company based in Ahmedabad, Gujarat, that specializes in agrochemicals and agricultural products. Established in 2000, Sikko Industries manufactures and exports a wide range of products, including fertilizers, pesticides, seeds, and agricultural equipment.

They offer both organic and chemical fertilizers, various types of pesticides like fungicides and herbicides, and seeds for field crops and vegetables. The company also deals in agricultural machinery, packaging materials, and grains such as rice and wheat.

With a strong focus on the agricultural sector, Sikko Industries aims to support farming practices through its diverse product lineup.

Check our website for more Q1 results.