Sujala Trading & Holdings Ltd. Reports Q3 FY2024 Financial Results

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Kolkata, India – February 1, 2025 – Sujala Trading & Holdings Ltd. (BSE: 530117, CSE: 29412) has released its unaudited standalone financial results for the quarter ended December 31, 2024. The company reported a net loss of ₹94.89 lakh for the quarter, compared to a profit of ₹33.37 lakh in the same period last year.

Key Financial Highlights (Standalone)

(Figures in ₹ Lakh unless stated otherwise)
ParticularsQ3 FY2024 (Dec 31, 2024)Q3 FY2023 (Dec 31, 2023)YTD FY2024FY2023 (Mar 31, 2024)
Revenue from Operations37.0841.10115.87163.33
Total Revenue37.0841.10115.87163.68
Total Expenses136.05136.65151.31180.40
Profit/(Loss) before Tax(94.89)33.37(35.44)(16.72)
Net Profit/(Loss)(94.89)33.37(35.44)(16.62)
Earnings Per Share (EPS)(₹)(1.66)0.58(0.62)(0.29)
The company saw a YoY revenue decline of 9.8% in Q3 FY2024, primarily due to lower business volumes. The quarter recorded higher expenses of ₹136.05 lakh, leading to a sharp decline in profitability.

Balance Sheet Highlights

As of December 31, 2024, Sujala Trading & Holdings Ltd. reported total assets of ₹2,008.47 lakh, a slight decline from ₹2,132.57 lakh as of March 31, 2024. The total equity stood at ₹1,023.38 lakh, while current liabilities amounted to ₹572.17 lakh.

Management Commentary

Subhadeep Mukherjee, Managing Director of Sujala Trading & Holdings Ltd., commented:
"Despite facing a challenging economic environment, we remain committed to optimizing operational efficiencies. We are implementing strategic measures to improve revenue generation and cost management in the coming quarters."

Outlook & Strategic Direction

The company plans to focus on cost-cutting initiatives, diversification of business activities, and enhanced financial discipline to restore profitability. With a cautious yet optimistic stance, management aims to recover financial stability in the coming fiscal periods.
 
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