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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for Visagar Polytex Limited. Profit dropped by -25.5 % Year to Year, Visagar Polytex Limited’s profitability dropped by -96.93 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -92 % 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 Cr | 0 % | 0 % |
Expenses | Rs. 0.25 Cr | Rs. 14.57 Cr | Rs. 0.22 Cr | -98.49 % | -12 % |
Operating Profit | Rs. -0.25 Cr | Rs. -14.57 Cr | Rs. -0.22 Cr | + 98.49 % | + 12 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0.306 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.19 Cr | Rs. 0.15 Cr | Rs. 0.14 Cr | -6.67 % | -26.32 % |
Depreciation | Rs. 0.16 Cr | Rs. 0.17 Cr | Rs. 0.09 Cr | -47.06 % | -43.75 % |
Profit before tax | Rs. -0.6 Cr | Rs. -14.58 Cr | Rs. -0.45 Cr | + 96.91 % | + 25 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.6 Cr | Rs. -14.58 Cr | Rs. -0.45 Cr | + 96.91 % | + 25 % |
EPS in Rs | Rs. 0 | Rs. -0.5 | Rs. -0.04 | + 92 % | 0 % |
Today, we’re looking at Visagar Polytex Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -98.49 % quarter-on-quarter, aligning with the annual decline of -12 %. Operating profit, while up 12 % compared to last year, faced a quarter-on-quarter increase of 98.49 %, signaling a short-term expansion in margins.
Interest expenses dropped significantly by -6.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -26.32 %. Depreciation costs fell by -47.06 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -43.75 %. Profit before tax grew annually by 25 % but saw an increase from the preceding quarter by 96.91 %.
Net profit rose by 25 % year-on-year but experienced a 96.91 % expansion from the last quarter. but a quarterly rise of 92 %. In summary, Visagar Polytex 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. 0.25 Cr | Rs. 14.57 Cr | Rs. 0.22 Cr | -98.49 % | -12 % |
Operating Profit | Rs. -0.25 Cr | Rs. -14.57 Cr | Rs. -0.22 Cr | + 98.49 % | + 12 % |
Net Profit | Rs. -0.6 Cr | Rs. -14.58 Cr | Rs. -0.45 Cr | + 96.91 % | + 25 % |
EPS in Rs | Rs. 0 | Rs. -0.5 | Rs. -0.04 | + 92 % | 0 % |
In reviewing Visagar Polytex Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -12 % compared to the previous year, with a decrease of -98.49 % quarter-on-quarter. Operating Profit surged by 12 % annually, and saw a 98.49 % increase from the last quarter.
Net Profit showed yearly increase of 25 %, and experienced a 96.91 % increase from the previous quarter. however rose by 92 % compared to the last quarter. In essence, while Visagar Polytex Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.