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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- 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 104.36 %. Marginal decrease of -62.2% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Triveni Glass Ltd.,. Notable increase of 2206.25 % in net profit Year to Year, Triveni Glass Ltd.,’s profitability dropped by -70.64 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 2,800.00 % Year to Year. EPS decreased by -71 % 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. 0.27 Cr | Rs. 0.34 Cr | Rs. 0.23 Cr | -32.35 % | -14.81 % |
| Operating Profit | Rs. -0.27 Cr | Rs. -0.34 Cr | Rs. -0.23 Cr | + 32.35 % | + 14.81 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.298 Cr | Rs. 1.611 Cr | Rs. 0.609 Cr | -62.2 % | + 104.36 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0.02 Cr | Rs. 1.26 Cr | Rs. 0.37 Cr | -70.63 % | + 1750 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 0.02 Cr | Rs. 1.26 Cr | Rs. 0.37 Cr | -70.63 % | + 1750 % |
| EPS in Rs | Rs. 0.01 | Rs. 1 | Rs. 0.29 | -71 % | + 2800 % |
Today, we’re looking at Triveni Glass Ltd.,’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -32.35 % quarter-on-quarter, aligning with the annual decline of -14.81 %. Operating profit, while up 14.81 % compared to last year, faced a quarter-on-quarter increase of 32.35 %, signaling a short-term expansion in margins.
Other income fell by -62.2 % compared to the last quarter, despite an annual growth of 104.36 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 1750 % but saw a reduction from the preceding quarter by -70.63 %.
Net profit rose by 1750 % year-on-year but witnessed a -70.63 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2800 % but a quarterly fall of -71 %. In summary, Triveni Glass 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. 0.27 Cr | Rs. 0.34 Cr | Rs. 0.23 Cr | -32.35 % | -14.81 % |
| Operating Profit | Rs. -0.27 Cr | Rs. -0.34 Cr | Rs. -0.23 Cr | + 32.35 % | + 14.81 % |
| Net Profit | Rs. 0.02 Cr | Rs. 1.26 Cr | Rs. 0.37 Cr | -70.63 % | + 1750 % |
| EPS in Rs | Rs. 0.01 | Rs. 1 | Rs. 0.29 | -71 % | + 2800 % |
In reviewing Triveni Glass Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -14.81 % compared to the previous year, with a decrease of -32.35 % quarter-on-quarter. Operating Profit surged by 14.81 % annually, and saw a 32.35 % increase from the last quarter.
Net Profit showed yearly increase of 1750 %, and experienced a -70.63 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 2800 % annually, however dipped by -71 % compared to the last quarter. In essence, while Triveni Glass Ltd., exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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