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Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 25.64 %. Marginal increase in other income during this quarter, up by 92.16%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Amforge Industries Ltd.,. Profit dropped by -273.48 % Year to Year, Amforge Industries Ltd.,’s profitability increased by 6814.29 % in this quarter.
- EPS over the Year and quarter: EPS declined by -278.95 % Year to Year. EPS increased by 3300 % 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. 0.38 Cr | Rs. 0.41 Cr | Rs. 0.91 Cr | + 121.95 % | + 139.47 % |
Operating Profit | Rs. -0.38 Cr | Rs. -0.41 Cr | Rs. -0.91 Cr | -121.95 % | -139.47 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.78 Cr | Rs. 0.51 Cr | Rs. 0.98 Cr | + 92.16 % | + 25.64 % |
Interest | Rs. 0.04 Cr | Rs. 0.03 Cr | Rs. 0.09 Cr | + 200 % | + 125 % |
Depreciation | Rs. 0.08 Cr | Rs. 0.07 Cr | Rs. 0.12 Cr | + 71.43 % | + 50 % |
Profit before tax | Rs. 0.28 Cr | Rs. 0 Cr | Rs. -0.14 Cr | 0 % | -150 % |
Tax % | 1.06 % | -250 % | -233.1 % | + 16.9 % | -234.16 % |
Net Profit | Rs. 0.28 Cr | Rs. -0.01 Cr | Rs. -0.48 Cr | -4700 % | -271.43 % |
EPS in Rs | Rs. 0.19 | Rs. -0.01 | Rs. -0.34 | -3300 % | -278.95 % |
Today, we’re looking at Amforge Industries Ltd.,’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 121.95 % quarter-on-quarter, aligning with the annual rise of 139.47 %. Operating profit, while down -139.47 % compared to last year, faced a quarter-on-quarter dip of -121.95 %, signaling a short-term contraction in margins.
Other income rose by 92.16 % compared to the last quarter, despite an annual growth of 25.64 %. Interest expenses surged remarkably by 200 % from the previous quarter, yet the year-over-year increase remains at a moderate 125 %. Depreciation costs climbed by 71.43 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50 %. Profit before tax declined annually by -150 %
Tax expenses as a percentage of profits decreased slightly by -234.16 % compared to last year, with a more notable quarter-on-quarter increase of 16.9 %. Net profit fell by -271.43 % year-on-year but witnessed a -4700 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -278.95 % but a quarterly fall of -3300 %. In summary, Amforge Industries Ltd.,’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. 0.38 Cr | Rs. 0.41 Cr | Rs. 0.91 Cr | + 121.95 % | + 139.47 % |
Operating Profit | Rs. -0.38 Cr | Rs. -0.41 Cr | Rs. -0.91 Cr | -121.95 % | -139.47 % |
Net Profit | Rs. 0.28 Cr | Rs. -0.01 Cr | Rs. -0.48 Cr | -4700 % | -271.43 % |
EPS in Rs | Rs. 0.19 | Rs. -0.01 | Rs. -0.34 | -3300 % | -278.95 % |
In reviewing Amforge Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 139.47 % compared to the previous year, with a 121.95 % increase quarter-on-quarter. Operating Profit dropped by -139.47 % annually, and saw a -121.95 % decrease from the last quarter.
Net Profit showed yearly decrease of -271.43 %, and experienced a -4700 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -278.95 % annually, however dipped by -3300 % compared to the last quarter. In essence, while Amforge Industries Ltd., 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.