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Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter:
- Profit over the Year and quarter: Significant improvement in profitability for Gem Spinners India Ltd. Notable increase of 17.65 % in net profit Year to Year, Gem Spinners India Ltd’s profitability increased by 1.91 % in this quarter.
- EPS over the Year and quarter: EPS increased by 50.00 % 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. 0.1 Cr | Rs. 0.12 Cr | Rs. 0.12 Cr | + 0 % | + 20 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.12 Cr | Rs. -0.12 Cr | + 0 % | -20 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
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. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.14 Cr | Rs. -0.16 Cr | Rs. -0.16 Cr | + 0 % | -14.29 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.14 Cr | Rs. -0.16 Cr | Rs. -0.16 Cr | + 0 % | -14.29 % |
EPS in Rs | Rs. -0.02 | Rs. -0.03 | Rs. -0.03 | + 0 % | -50 % |
Today, we’re looking at Gem Spinners India Ltd’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual rise of 20 %. Operating profit, while down -20 % compared to last year, faced a quarter-on-quarter increase of 0 %, signaling a short-term expansion in margins.
Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -14.29 % but saw an increase from the preceding quarter by 0 %.
Net profit fell by -14.29 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50 % but a quarterly rise of 0 %. In summary, Gem Spinners India 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. 0.1 Cr | Rs. 0.12 Cr | Rs. 0.12 Cr | + 0 % | + 20 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.12 Cr | Rs. -0.12 Cr | + 0 % | -20 % |
Net Profit | Rs. -0.14 Cr | Rs. -0.16 Cr | Rs. -0.16 Cr | + 0 % | -14.29 % |
EPS in Rs | Rs. -0.02 | Rs. -0.03 | Rs. -0.03 | + 0 % | -50 % |
In reviewing Gem Spinners India Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 20 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit dropped by -20 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly decrease of -14.29 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) fell by -50 % annually, however rose by 0 % compared to the last quarter. In essence, while Gem Spinners India 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.