Starsource Multitrade (506365) Q2 24/25 earnings summary

Executive summary

• Board approved unaudited financial results for the quarter and half year ended September 30, 2024, with a limited review report from auditors.

• Only one operating segment is reported, in line with Ind AS 108.

Financial highlights

• Revenue from operations for the half year ended September 30, 2024, was ₹6,310 thousand, compared to ₹3,018 thousand for the same period last year.

• Net profit for the half year ended September 30, 2024, was ₹8,566 thousand, up from ₹8,156 thousand year-over-year.

• Earnings per share (EPS) for the half year was ₹5.71, compared to ₹5.44 for the same period last year.

Key financial ratios and metrics

• Total assets as of September 30, 2024, stood at ₹136,991 thousand, up from ₹130,152 thousand as of March 31, 2024.

• Equity share capital remained at ₹15,000 thousand, with reserves and surplus at ₹121,590 thousand.

• Cash and cash equivalents decreased to ₹6,058 thousand from ₹12,539 thousand at the end of March 2024.