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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: Significant improvement in profitability for Vardhman Concrete Limited. Notable increase of 97.96 % in net profit Year to Year, Vardhman Concrete Limited’s profitability dropped by -91.17 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -90.91 % 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. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.04 Cr | Rs. 0.87 Cr | Rs. 0.03 Cr | -96.55 % | -25 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.86 Cr | Rs. -0.03 Cr | + 96.51 % | + 25 % |
OPM % | 0 % | -8600 % | 0 % | + 8600 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.006 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0.23 Cr | Rs. 0.06 Cr | -73.91 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.05 Cr | Rs. -1.1 Cr | Rs. -0.09 Cr | + 91.82 % | -80 % |
Tax % | -5.77 % | -0.27 % | -3 % | -2.73 % | + 2.77 % |
Net Profit | Rs. -0.05 Cr | Rs. -1.1 Cr | Rs. -0.1 Cr | + 90.91 % | -100 % |
EPS in Rs | Rs. -0.14 | Rs. -1.54 | Rs. -0.14 | + 90.91 % | + 0 % |
Today, we’re looking at Vardhman Concrete Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -96.55 % quarter-on-quarter, aligning with the annual decline of -25 %. Operating profit, while up 25 % compared to last year, faced a quarter-on-quarter increase of 96.51 %, signaling a short-term expansion in margins.
but an expansion of 8600 % sequentially. Interest expenses dropped significantly by -73.91 % from the previous quarter, 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 -80 % but saw an increase from the preceding quarter by 91.82 %.
Tax expenses as a percentage of profits increased slightly by 2.77 % compared to last year, with a more notable quarter-on-quarter decrease of -2.73 %. Net profit fell by -100 % year-on-year but experienced a 90.91 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 90.91 %. In summary, Vardhman Concrete 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. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.04 Cr | Rs. 0.87 Cr | Rs. 0.03 Cr | -96.55 % | -25 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.86 Cr | Rs. -0.03 Cr | + 96.51 % | + 25 % |
Net Profit | Rs. -0.05 Cr | Rs. -1.1 Cr | Rs. -0.1 Cr | + 90.91 % | -100 % |
EPS in Rs | Rs. -0.14 | Rs. -1.54 | Rs. -0.14 | + 90.91 % | + 0 % |
In reviewing Vardhman Concrete Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -25 % compared to the previous year, with a decrease of -96.55 % quarter-on-quarter. Operating Profit surged by 25 % annually, and saw a 96.51 % increase from the last quarter.
Net Profit showed yearly decrease of -100 %, and experienced a 90.91 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 90.91 % compared to the last quarter. In essence, while Vardhman Concrete Limited faces strong annual decline 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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