Share the post "ACE ENGITECH : Q4 2024 Financial Quarterly Report"
Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter:
- Profit over the Year and quarter: Significant improvement in profitability for ACE ENGITECH LIMITED. Notable increase of 25 % in net profit Year to Year, ACE ENGITECH LIMITED’s profitability increased by 90.48 % in this quarter.
- EPS over the Year and quarter: EPS declined by -87.37 % Year to Year. EPS decreased by -300 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.002 Cr | 0 % | 0 % |
Expenses | Rs. 0.03 Cr | Rs. 0.02 Cr | Rs. 0.04 Cr | + 100 % | + 33.33 % |
Operating Profit | Rs. -0.03 Cr | Rs. -0.02 Cr | Rs. -0.04 Cr | -100 % | -33.33 % |
OPM % | 0 % | 0 % | -2000 % | -2000 % | -2000 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 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. -0.03 Cr | Rs. -0.02 Cr | Rs. -0.04 Cr | -100 % | -33.33 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.02 Cr | Rs. -0.04 Cr | -100 % | -33.33 % |
EPS in Rs | Rs. -0.95 | Rs. -0.06 | Rs. -0.12 | -100 % | + 87.37 % |
Today, we’re looking at ACE ENGITECH LIMITED’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 100 % quarter-on-quarter, aligning with the annual rise of 33.33 %. Operating profit, while down -33.33 % compared to last year, faced a quarter-on-quarter dip of -100 %, 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 -2000 %, but a shrinkage of -2000 % sequentially. Profit before tax declined annually by -33.33 % but saw a reduction from the preceding quarter by -100 %.
Net profit fell by -33.33 % year-on-year but witnessed a -100 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 87.37 % but a quarterly fall of -100 %. In summary, ACE ENGITECH 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. 0.002 Cr | 0 % | 0 % |
Expenses | Rs. 0.03 Cr | Rs. 0.02 Cr | Rs. 0.04 Cr | + 100 % | + 33.33 % |
Operating Profit | Rs. -0.03 Cr | Rs. -0.02 Cr | Rs. -0.04 Cr | -100 % | -33.33 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.02 Cr | Rs. -0.04 Cr | -100 % | -33.33 % |
EPS in Rs | Rs. -0.95 | Rs. -0.06 | Rs. -0.12 | -100 % | + 87.37 % |
In reviewing ACE ENGITECH LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 33.33 % compared to the previous year, with a 100 % increase quarter-on-quarter. Operating Profit dropped by -33.33 % annually, and saw a -100 % decrease from the last quarter.
Net Profit showed yearly decrease of -33.33 %, and experienced a -100 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 87.37 % annually, however dipped by -100 % compared to the last quarter. In essence, while ACE ENGITECH 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.