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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -78.79 % over the year, decrease in net sales/revenue by -27.68 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 585.92%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vivanta Industries Limited. Profit dropped by -20.97 % Year to Year, Vivanta Industries Limited’s profitability dropped by -170.65 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -33.33 % Year to Year. EPS decreased by -166.67 % 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. 14.084 Cr | Rs. 4.13 Cr | Rs. 2.987 Cr | -27.68 % | -78.79 % |
| Expenses | Rs. 13.73 Cr | Rs. 4.11 Cr | Rs. 3.11 Cr | -24.33 % | -77.35 % |
| Operating Profit | Rs. 0.35 Cr | Rs. 0.02 Cr | Rs. -0.12 Cr | -700 % | -134.29 % |
| OPM % | 2.49 % | 0.48 % | -4.02 % | -4.5 % | -6.51 % |
| Other Income | Rs. 0 Cr | Rs. 0.071 Cr | Rs. 0.487 Cr | + 585.92 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | 0 % |
| Depreciation | Rs. 0.03 Cr | Rs. 0.07 Cr | Rs. 0.09 Cr | + 28.57 % | + 200 % |
| Profit before tax | Rs. 0.32 Cr | Rs. -0.01 Cr | Rs. 0.26 Cr | + 2700 % | -18.75 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 0.33 Cr | Rs. -0.37 Cr | Rs. 0.26 Cr | + 170.27 % | -21.21 % |
| EPS in Rs | Rs. 0.03 | Rs. -0.03 | Rs. 0.02 | + 166.67 % | -33.33 % |
Today, we’re looking at Vivanta Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -78.79 %. However, it did see a marginal slip of -27.68 % from the previous quarter. Expenses decreased slightly by -24.33 % quarter-on-quarter, aligning with the annual decline of -77.35 %. Operating profit, while down -134.29 % compared to last year, faced a quarter-on-quarter dip of -700 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.51 %, but a shrinkage of -4.5 % sequentially. Other income rose by 585.92 % compared to the last quarter, Interest expenses dropped significantly by -33.33 % from the previous quarter, Depreciation costs climbed by 28.57 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 200 %. Profit before tax declined annually by -18.75 % but saw an increase from the preceding quarter by 2700 %.
Net profit fell by -21.21 % year-on-year but experienced a 170.27 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -33.33 % but a quarterly rise of 166.67 %. In summary, Vivanta Industries 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. 14.084 Cr | Rs. 4.13 Cr | Rs. 2.987 Cr | -27.68 % | -78.79 % |
| Expenses | Rs. 13.73 Cr | Rs. 4.11 Cr | Rs. 3.11 Cr | -24.33 % | -77.35 % |
| Operating Profit | Rs. 0.35 Cr | Rs. 0.02 Cr | Rs. -0.12 Cr | -700 % | -134.29 % |
| Net Profit | Rs. 0.33 Cr | Rs. -0.37 Cr | Rs. 0.26 Cr | + 170.27 % | -21.21 % |
| EPS in Rs | Rs. 0.03 | Rs. -0.03 | Rs. 0.02 | + 166.67 % | -33.33 % |
In reviewing Vivanta Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -78.79 % year-on-year, although there was a slight dip of -27.68 % from the previous quarter. Expenses decreased by -77.35 % compared to the previous year, with a decrease of -24.33 % quarter-on-quarter. Operating Profit dropped by -134.29 % annually, and saw a -700 % decrease from the last quarter.
Net Profit showed yearly decrease of -21.21 %, and experienced a 170.27 % increase from the previous quarter. Earnings Per Share (EPS) fell by -33.33 % annually, however rose by 166.67 % compared to the last quarter. In essence, while Vivanta Industries 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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