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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 14.29 % in the past year, substantial increase in net sales/revenue by 14.29 %.
- 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 57.03 %. Marginal increase in other income during this quarter, up by 275.96%.
- Profit over the Year and quarter: Significant improvement in profitability for FGP Ltd. Notable increase of 290.41 % in net profit Year to Year, FGP Ltd’s profitability increased by 163.89 % in this quarter.
- EPS over the Year and quarter: EPS increased by 300.00 % Year to Year. EPS increased by 166.67 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.049 Cr | Rs. 0.049 Cr | Rs. 0.056 Cr | + 14.29 % | + 14.29 % |
Expenses | Rs. 0.21 Cr | Rs. 0.15 Cr | Rs. 0.12 Cr | -20 % | -42.86 % |
Operating Profit | Rs. -0.16 Cr | Rs. -0.1 Cr | Rs. -0.06 Cr | + 40 % | + 62.5 % |
OPM % | -326.53 % | -204.08 % | -107.14 % | + 96.94 % | + 219.39 % |
Other Income | Rs. 0.249 Cr | Rs. 0.104 Cr | Rs. 0.391 Cr | + 275.96 % | + 57.03 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.09 Cr | Rs. 0 Cr | Rs. 0.33 Cr | 0 % | + 266.67 % |
Tax % | 17.05 % | -3666.67 % | 13.37 % | + 3680.04 % | -3.68 % |
Net Profit | Rs. 0.07 Cr | Rs. 0.11 Cr | Rs. 0.29 Cr | + 163.64 % | + 314.29 % |
EPS in Rs | Rs. 0.06 | Rs. 0.09 | Rs. 0.24 | + 166.67 % | + 300 % |
Today, we’re looking at FGP Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14.29 %. However, it did see a marginal increase of 14.29 % from the previous quarter. Expenses decreased slightly by -20 % quarter-on-quarter, aligning with the annual decline of -42.86 %. Operating profit, while up 62.5 % compared to last year, faced a quarter-on-quarter increase of 40 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 219.39 %, but an expansion of 96.94 % sequentially. Other income rose by 275.96 % compared to the last quarter, despite an annual growth of 57.03 %. Profit before tax grew annually by 266.67 %
Tax expenses as a percentage of profits decreased slightly by -3.68 % compared to last year, with a more notable quarter-on-quarter increase of 3680.04 %. Net profit rose by 314.29 % year-on-year but experienced a 163.64 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 300 % but a quarterly rise of 166.67 %. In summary, FGP 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. 0.049 Cr | Rs. 0.049 Cr | Rs. 0.056 Cr | + 14.29 % | + 14.29 % |
Expenses | Rs. 0.21 Cr | Rs. 0.15 Cr | Rs. 0.12 Cr | -20 % | -42.86 % |
Operating Profit | Rs. -0.16 Cr | Rs. -0.1 Cr | Rs. -0.06 Cr | + 40 % | + 62.5 % |
Net Profit | Rs. 0.07 Cr | Rs. 0.11 Cr | Rs. 0.29 Cr | + 163.64 % | + 314.29 % |
EPS in Rs | Rs. 0.06 | Rs. 0.09 | Rs. 0.24 | + 166.67 % | + 300 % |
In reviewing FGP Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.29 % year-on-year growth, however, there was a minor increase of 14.29 % from the previous quarter. Expenses decreased by -42.86 % compared to the previous year, with a decrease of -20 % quarter-on-quarter. Operating Profit surged by 62.5 % annually, and saw a 40 % increase from the last quarter.
Net Profit showed yearly increase of 314.29 %, and experienced a 163.64 % increase from the previous quarter. Earnings Per Share (EPS) rose by 300 % annually, however rose by 166.67 % compared to the last quarter. In essence, while FGP Ltd 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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