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Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter: There has been decline in other income over the past year which is -81 %, Marginal decrease of -19.49% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Alstone Textiles (India) Limited. Profit dropped by -77.34 % Year to Year, Alstone Textiles (India) Limited’s profitability dropped by -19.93 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -66.67 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 1.09 Cr | Rs. 0.08 Cr | Rs. 0.07 Cr | -12.5 % | -93.58 % |
| Operating Profit | Rs. -1.09 Cr | Rs. -0.08 Cr | Rs. -0.07 Cr | + 12.5 % | + 93.58 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 5 Cr | Rs. 1.18 Cr | Rs. 0.95 Cr | -19.49 % | -81 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 3.91 Cr | Rs. 1.1 Cr | Rs. 0.88 Cr | -20 % | -77.49 % |
| Tax % | 0.13 % | 0 % | 0 % | 0 % | -0.13 % |
| Net Profit | Rs. 3.9 Cr | Rs. 1.1 Cr | Rs. 0.88 Cr | -20 % | -77.44 % |
| EPS in Rs | Rs. 0.03 | Rs. 0.01 | Rs. 0.01 | + 0 % | -66.67 % |
Today, we’re looking at Alstone Textiles (India) Limited’s financial performance for the Q4(Mar 2024).Expenses decreased slightly by -12.5 % quarter-on-quarter, aligning with the annual decline of -93.58 %. Operating profit, while up 93.58 % compared to last year, faced a quarter-on-quarter increase of 12.5 %, signaling a short-term expansion in margins.
Other income fell by -19.49 % compared to the last quarter, despite an annual decline of -81 %. Profit before tax declined annually by -77.49 % but saw a reduction from the preceding quarter by -20 %.
Tax expenses as a percentage of profits decreased slightly by -0.13 % compared to last year, Net profit fell by -77.44 % year-on-year but witnessed a -20 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -66.67 % but a quarterly rise of 0 %. In summary, Alstone Textiles (India) Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 1.09 Cr | Rs. 0.08 Cr | Rs. 0.07 Cr | -12.5 % | -93.58 % |
| Operating Profit | Rs. -1.09 Cr | Rs. -0.08 Cr | Rs. -0.07 Cr | + 12.5 % | + 93.58 % |
| Net Profit | Rs. 3.9 Cr | Rs. 1.1 Cr | Rs. 0.88 Cr | -20 % | -77.44 % |
| EPS in Rs | Rs. 0.03 | Rs. 0.01 | Rs. 0.01 | + 0 % | -66.67 % |
In reviewing Alstone Textiles (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -93.58 % compared to the previous year, with a decrease of -12.5 % quarter-on-quarter. Operating Profit surged by 93.58 % annually, and saw a 12.5 % increase from the last quarter.
Net Profit showed yearly decrease of -77.44 %, and experienced a -20 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -66.67 % annually, however rose by 0 % compared to the last quarter. In essence, while Alstone Textiles (India) Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
