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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 5.34 % in the past year, decrease in net sales/revenue by -62 %.
- 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 186.78 %. Marginal increase in other income during this quarter, up by 21.75%.
- Profit over the Year and quarter: Significant improvement in profitability for Aaa Technologies Limited. Notable increase of 30.91 % in net profit Year to Year, Aaa Technologies Limited’s profitability increased by 635.45 % in this quarter.
- EPS over the Year and quarter: EPS increased by 31.25 % Year to Year. EPS increased by 687.5 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 3.391 Cr | Rs. 9.399 Cr | Rs. 3.572 Cr | -62 % | + 5.34 % |
| Expenses | Rs. 2.5 Cr | Rs. 9.31 Cr | Rs. 2.73 Cr | -70.68 % | + 9.2 % |
| Operating Profit | Rs. 0.89 Cr | Rs. 0.09 Cr | Rs. 0.84 Cr | + 833.33 % | -5.62 % |
| OPM % | 26.25 % | 0.96 % | 23.52 % | + 22.56 % | -2.73 % |
| Other Income | Rs. 0.121 Cr | Rs. 0.285 Cr | Rs. 0.347 Cr | + 21.75 % | + 186.78 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.19 Cr | Rs. 0.23 Cr | Rs. 0.11 Cr | -52.17 % | -42.11 % |
| Profit before tax | Rs. 0.82 Cr | Rs. 0.15 Cr | Rs. 1.08 Cr | + 620 % | + 31.71 % |
| Tax % | 25.21 % | 25.17 % | 25.23 % | + 0.06 % | + 0.02 % |
| Net Profit | Rs. 0.62 Cr | Rs. 0.11 Cr | Rs. 0.81 Cr | + 636.36 % | + 30.65 % |
| EPS in Rs | Rs. 0.48 | Rs. 0.08 | Rs. 0.63 | + 687.5 % | + 31.25 % |
Today, we’re looking at Aaa Technologies Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 5.34 %. However, it did see a marginal slip of -62 % from the previous quarter. Expenses decreased slightly by -70.68 % quarter-on-quarter, aligning with the annual rise of 9.2 %. Operating profit, while down -5.62 % compared to last year, faced a quarter-on-quarter increase of 833.33 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.73 %, but an expansion of 22.56 % sequentially. Other income rose by 21.75 % compared to the last quarter, despite an annual growth of 186.78 %. Depreciation costs fell by -52.17 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -42.11 %. Profit before tax grew annually by 31.71 % but saw an increase from the preceding quarter by 620 %.
Tax expenses as a percentage of profits increased slightly by 0.02 % compared to last year, with a more notable quarter-on-quarter increase of 0.06 %. Net profit rose by 30.65 % year-on-year but experienced a 636.36 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 31.25 % but a quarterly rise of 687.5 %. In summary, Aaa Technologies 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. 3.391 Cr | Rs. 9.399 Cr | Rs. 3.572 Cr | -62 % | + 5.34 % |
| Expenses | Rs. 2.5 Cr | Rs. 9.31 Cr | Rs. 2.73 Cr | -70.68 % | + 9.2 % |
| Operating Profit | Rs. 0.89 Cr | Rs. 0.09 Cr | Rs. 0.84 Cr | + 833.33 % | -5.62 % |
| Net Profit | Rs. 0.62 Cr | Rs. 0.11 Cr | Rs. 0.81 Cr | + 636.36 % | + 30.65 % |
| EPS in Rs | Rs. 0.48 | Rs. 0.08 | Rs. 0.63 | + 687.5 % | + 31.25 % |
In reviewing Aaa Technologies Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.34 % year-on-year growth, although there was a slight dip of -62 % from the previous quarter. Expenses rose by 9.2 % compared to the previous year, with a decrease of -70.68 % quarter-on-quarter. Operating Profit dropped by -5.62 % annually, and saw a 833.33 % increase from the last quarter.
Net Profit showed yearly increase of 30.65 %, and experienced a 636.36 % increase from the previous quarter. Earnings Per Share (EPS) rose by 31.25 % annually, however rose by 687.5 % compared to the last quarter. In essence, while Aaa Technologies 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.
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