Standard Industries Full Year 2024 Earnings: ₹0.02 loss per share (vs ₹3.37 profit in FY 2023)

Standard Industries (NSE:SIL) Full Year 2024 Results

Key Financial Results

• Revenue: ₹269.0m (up 27% from FY 2023).
• Net loss: ₹1.31m (down by 101% from ₹216.6m profit in FY 2023).
• ₹0.02 loss per share (down from ₹3.37 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Trading segment contributing a total revenue of ₹190.5m (71% of total revenue). Notably, cost of sales worth ₹198.9m amounted to 74% of total revenue thereby underscoring the impact on earnings.Over the last 12 months, the company's earnings were enhanced by non-operating gains of ₹140.7m. Explore how SIL's revenue and expenses shape its earnings.

Standard Industries shares are up 6.3% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Standard Industries (at least 1 which shouldn't be ignored), and understanding them should be part of your investment process.

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