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- Suratwwala Business Group Q1 Results Net Profit of ₹409.15 Lakhs and Revenue of ₹909.35 Lakhs
Suratwwala Business Group Q1 Results Net Profit of ₹409.15 Lakhs and Revenue of ₹909.35 Lakhs
Suratwwala Business Group Q1 Results show a net profit of ₹409.15 lakhs and total revenue of ₹909.35 lakhs; Suratwwala Business Group Q1 Results reflect strong performance and leadership stability.
by P Nandhini
Updated Aug 30, 2024
Table of Content
Suratwwala Business Group Q1 Results: Suratwwala Business Group has announced its financial results for the first quarter of the fiscal year 2024-25, ending June 30, 2024. The company achieved a total revenue of ₹909.35 lakhs, which includes ₹874.07 lakhs from its core operations and ₹35.28 lakhs from other income sources.
Their total expenses for the quarter amounted to ₹358.77 lakhs, which covers construction costs, employee benefits, finance costs, and other expenses. This resulted in a profit from operations before exceptional items and tax of ₹550.58 lakhs.
After accounting for tax expenses, Suratwwala Business Group reported a net profit of ₹409.15 lakhs for the quarter. This positive outcome highlights the company's strong financial performance.
In addition to these results, the company’s board has approved key leadership appointments, including the re-appointment of Mr. Jatin Suratwala as Managing Director and Mr. Manoj Dhansukhlal Suratwala as Whole-Time Director, signaling their ongoing dedication to growth and excellence in the construction sector.
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Suratwwala Business Group Q1 Results 2024 - 2025
Here is a summary of Suratwwala Business Group's financial performance for the first quarter of the fiscal year 2024-25, ending June 30, 2024. The table below provides a detailed breakdown of their revenue, expenses, and profit for the period:
| Particulars | Amount (₹ lakhs) |
|---|---|
| Revenue from Operations | 874.07 |
| Other Income | 35.28 |
| Total Revenue | 909.35 |
| Expenses | |
| - Cost of Construction | 209.35 |
| - Employee Benefit Expenses | 27.63 |
| - Finance Cost | 3.15 |
| - Depreciation, Amortisation, and Impairment | 8.72 |
| - Other Expenses | 358.77 |
| Total Expenses | 109.92 |
| Profit from Operations Before Tax | 550.58 |
| Profit Before Tax | 550.58 |
| Tax Expense | |
| - Current Tax | 18.90 |
| - Tax of Earlier Year | 0.00 |
| - Deferred Tax | 0.00 |
| Total Tax Expense | 18.90 |
| Net Profit | 409.15 |
| Earnings Per Share (Basic) | 0.24 |
| Earnings Per Share (Diluted) | 0.32 |
Source: Click Here
Suratwwala Business Group Current Market Overview
Suratwwala Business Group is currently trading at ₹122 per share, with a market value of ₹2,110 crore. The stock has fluctuated between a high of ₹138 and a low of ₹29.2 over its recent trading period. With a price-to-earnings ratio of 86.4, it indicates high investor expectations for the company's growth.
The company has a book value of ₹3.34 per share and does not offer a dividend at the moment. Its strong financial performance is reflected in a high return on capital employed (ROCE) of 55.0% and a return on equity (ROE) of 80.6%. The stock is listed on both the BSE and NSE.
| Metric | Value |
|---|---|
| Current Price | ₹122 |
| Market Cap | ₹2,110 Cr. |
| High / Low | ₹138 / ₹29.2 |
| Stock P/E Ratio | 86.4 |
| Book Value | ₹3.34 |
| Dividend Yield | 0.00 % |
| ROCE | 55.0 % |
| ROE | 80.6 % |
| Face Value | ₹1.00 |
| BSE Code | 543218 |
| NSE Symbol | SBGLP |
Quarterly Results
Here are the quarterly results for Suratwwala Business Group for December 2023, March 2024, and June 2024:
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales (₹ Cr.) | 16.35 | 21.08 | 8.74 |
| Expenses (₹ Cr.) | 7.24 | 10.65 | 3.47 |
| Operating Profit (₹ Cr.) | 9.11 | 10.43 | 5.27 |
| OPM (%) | 55.72% | 49.48% | 60.30% |
| Other Income (₹ Cr.) | 0.18 | 0.04 | 0.35 |
| Interest (₹ Cr.) | 0.10 | 0.29 | 0.03 |
| Depreciation (₹ Cr.) | 0.19 | -0.12 | 0.09 |
| Profit Before Tax (₹ Cr.) | 9.00 | 10.30 | 5.50 |
| Tax (%) | 27.44% | 45.73% | 25.82% |
| Net Profit (₹ Cr.) | 6.54 | 5.59 | 4.09 |
| EPS (₹) | 0.38 | 0.32 | 0.24 |
About Suratwwala Business Group
Suratwwala Business Group is a prominent construction company based in Pune, known for its commitment to quality and reliability. The company is dedicated to delivering high-quality construction projects and has built a strong reputation in the real estate sector.
With a focus on innovation and excellence, Suratwwala Business Group aims to achieve new heights in the industry by leveraging its experience and expertise. The company's vision is to become a trusted name in the construction world, creating value for its partners and delivering satisfaction to its customers.
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Suratwwala Business Group Q1 Results - FAQs
1. What is Suratwwala Business Group's total revenue for Q1 2024-25?
The total revenue is ₹909.35 lakhs.
2. What is the net profit reported by Suratwwala Business Group for Q1 2024-25?
The net profit is ₹409.15 lakhs.
3. How much did Suratwwala Business Group earn from core operations in Q1 2024-25?
The earnings from core operations are ₹874.07 lakhs.
4. What is the total expense amount for Suratwwala Business Group in Q1 2024-25?
The total expenses are ₹609.62 lakhs.
5. What is the profit from operations before tax for Suratwwala Business Group?
The profit from operations before tax is ₹550.58 lakhs.
6. What is Suratwwala Business Group's earnings per share (basic) for Q1 2024-25?
The earnings per share (basic) is ₹0.24.
7. What amount did Suratwwala Business Group report as other income in Q1 2024-25?
The other income is ₹35.28 lakhs.
8. What are the other expenses for Suratwwala Business Group in Q1 2024-25?
The other expenses are ₹358.77 lakhs.
9. What is the total tax expense for Suratwwala Business Group in Q1 2024-25?
The total tax expense is ₹18.90 lakhs.
10. What was the current tax amount for Suratwwala Business Group?
The current tax amount is ₹18.90 lakhs.