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Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 30100%.
- Profit over the Year and quarter: Significant improvement in profitability for Softrak Venture Investments Ltd.. Notable increase of 21420 % in net profit Year to Year, Softrak Venture Investments Ltd.’s profitability increased by 215100 % in this quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.52 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 0.02 Cr | Rs. 0.15 Cr | + 650 % | + 50 % |
Operating Profit | Rs. 0.42 Cr | Rs. -0.01 Cr | Rs. -0.15 Cr | -1400 % | -135.71 % |
OPM % | 80.77 % | -100 % | 0 % | + 100 % | -80.77 % |
Other Income | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 3.02 Cr | + 30100 % | 0 % |
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. 0.42 Cr | Rs. 0 Cr | Rs. 2.87 Cr | 0 % | + 583.33 % |
Tax % | 41.18 % | 0 % | 25.18 % | + 25.18 % | -16 % |
Net Profit | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 2.15 Cr | 0 % | + 21400 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0.48 | 0 % | 0 % |
Today, we’re looking at Softrak Venture Investments Ltd.’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 650 % quarter-on-quarter, aligning with the annual rise of 50 %. Operating profit, while down -135.71 % compared to last year, faced a quarter-on-quarter dip of -1400 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -80.77 %, but an expansion of 100 % sequentially. Other income rose by 30100 % compared to the last quarter, Profit before tax grew annually by 583.33 %
Tax expenses as a percentage of profits decreased slightly by -16 % compared to last year, with a more notable quarter-on-quarter increase of 25.18 %. Net profit rose by 21400 % year-on-year In summary, Softrak Venture Investments 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. 0.52 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 0.02 Cr | Rs. 0.15 Cr | + 650 % | + 50 % |
Operating Profit | Rs. 0.42 Cr | Rs. -0.01 Cr | Rs. -0.15 Cr | -1400 % | -135.71 % |
Net Profit | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 2.15 Cr | 0 % | + 21400 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0.48 | 0 % | 0 % |
In reviewing Softrak Venture Investments Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 50 % compared to the previous year, with a 650 % increase quarter-on-quarter. Operating Profit dropped by -135.71 % annually, and saw a -1400 % decrease from the last quarter.
Net Profit showed yearly increase of 21400 %, In essence, while Softrak Venture Investments 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.