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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: Marginal increase in other income during this quarter, up by 409.09%.
- Profit over the Year and quarter: Challenges in sustaining profitability for KRISHNA FILAMENT INDUSTRIES LIMITED. Profit dropped by -416.67 % Year to Year, KRISHNA FILAMENT INDUSTRIES LIMITED’s profitability dropped by -280.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -350.00 % Year to Year. EPS decreased by -266.67 % 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.01 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | + 100 % |
| Operating Profit | Rs. -0.01 Cr | Rs. -0.03 Cr | Rs. -0.02 Cr | + 33.33 % | -100 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0 Cr | Rs. 0.011 Cr | Rs. 0.056 Cr | + 409.09 % | 0 % |
| 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. -0.01 Cr | Rs. -0.02 Cr | Rs. 0.04 Cr | + 300 % | + 500 % |
| Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.01 Cr | Rs. -0.02 Cr | Rs. 0.04 Cr | + 300 % | + 500 % |
| EPS in Rs | Rs. -0.02 | Rs. -0.03 | Rs. 0.05 | + 266.67 % | + 350 % |
Today, we’re looking at KRISHNA FILAMENT INDUSTRIES LIMITED’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -33.33 % quarter-on-quarter, aligning with the annual rise of 100 %. Operating profit, while down -100 % compared to last year, faced a quarter-on-quarter increase of 33.33 %, signaling a short-term expansion in margins.
Other income rose by 409.09 % compared to the last quarter, Profit before tax grew annually by 500 % but saw an increase from the preceding quarter by 300 %.
Net profit rose by 500 % year-on-year but experienced a 300 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 350 % but a quarterly rise of 266.67 %. In summary, KRISHNA FILAMENT 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.01 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | + 100 % |
| Operating Profit | Rs. -0.01 Cr | Rs. -0.03 Cr | Rs. -0.02 Cr | + 33.33 % | -100 % |
| Net Profit | Rs. -0.01 Cr | Rs. -0.02 Cr | Rs. 0.04 Cr | + 300 % | + 500 % |
| EPS in Rs | Rs. -0.02 | Rs. -0.03 | Rs. 0.05 | + 266.67 % | + 350 % |
In reviewing KRISHNA FILAMENT INDUSTRIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 100 % compared to the previous year, with a decrease of -33.33 % quarter-on-quarter. Operating Profit dropped by -100 % annually, and saw a 33.33 % increase from the last quarter.
Net Profit showed yearly increase of 500 %, and experienced a 300 % increase from the previous quarter. Earnings Per Share (EPS) rose by 350 % annually, however rose by 266.67 % compared to the last quarter. In essence, while KRISHNA FILAMENT 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.
