SandS Power Reports Strong Growth in March-23, Net Sales up 55.35% YoY

SandS Power Switchgear Q4 Result released its consolidated quarterly numbers, demonstrating robust growth in net sales. In March 2023, the company’s net sales reached Rs. 46.38 crore, representing an impressive increase of 55.35% compared to the Rs. 29.85 crore recorded in March 2022.

Additionally, SandS Power reported a quarterly net profit of Rs. 0.63 crore in March 2023, indicating a significant surge of 115.97% from the Rs. 3.96 crore profit reported in March 2022.

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for March 2023 stood at Rs. 2.94 crore, marking a remarkable growth of 260.66% from the EBITDA of Rs. 1.83 crore reported in March 2022.

SandS Power’s earnings per share (EPS) increased to Rs. 1.54 in March 2023, rising from Rs. 7.56 in March 2022.

On June 1, 2023, SandS Power shares closed at 25.70 on the NSE (National Stock Exchange). Over the past six months, the company’s shares have generated a positive return of 12.97%.

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