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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 360.26 %. Marginal increase in other income during this quarter, up by 327.38%.
- Profit over the Year and quarter: Significant improvement in profitability for Devinsu Trading Ltd.,. Notable increase of 198.17 % in net profit Year to Year, Devinsu Trading Ltd.,’s profitability increased by 465.22 % in this quarter.
- EPS over the Year and quarter: EPS increased by 198.39 % Year to Year. EPS increased by 465.65 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.06 Cr | Rs. 0.08 Cr | Rs. 0.07 Cr | -12.5 % | + 16.67 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.08 Cr | Rs. -0.07 Cr | + 12.5 % | -16.67 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.234 Cr | Rs. 0.252 Cr | Rs. 1.077 Cr | + 327.38 % | + 360.26 % |
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. 0.17 Cr | Rs. 0.17 Cr | Rs. 1.01 Cr | + 494.12 % | + 494.12 % |
Tax % | 25.29 % | 32.35 % | 35.35 % | + 3 % | + 10.06 % |
Net Profit | Rs. 0.22 Cr | Rs. 0.12 Cr | Rs. 0.65 Cr | + 441.67 % | + 195.45 % |
EPS in Rs | Rs. 4.36 | Rs. 2.3 | Rs. 13.01 | + 465.65 % | + 198.39 % |
Today, we’re looking at Devinsu Trading Ltd.,’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -12.5 % quarter-on-quarter, aligning with the annual rise of 16.67 %. Operating profit, while down -16.67 % compared to last year, faced a quarter-on-quarter increase of 12.5 %, signaling a short-term expansion in margins.
Other income rose by 327.38 % compared to the last quarter, despite an annual growth of 360.26 %. Profit before tax grew annually by 494.12 % but saw an increase from the preceding quarter by 494.12 %.
Tax expenses as a percentage of profits increased slightly by 10.06 % compared to last year, with a more notable quarter-on-quarter increase of 3 %. Net profit rose by 195.45 % year-on-year but experienced a 441.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 198.39 % but a quarterly rise of 465.65 %. In summary, Devinsu Trading 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. 0.06 Cr | Rs. 0.08 Cr | Rs. 0.07 Cr | -12.5 % | + 16.67 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.08 Cr | Rs. -0.07 Cr | + 12.5 % | -16.67 % |
Net Profit | Rs. 0.22 Cr | Rs. 0.12 Cr | Rs. 0.65 Cr | + 441.67 % | + 195.45 % |
EPS in Rs | Rs. 4.36 | Rs. 2.3 | Rs. 13.01 | + 465.65 % | + 198.39 % |
In reviewing Devinsu Trading Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 16.67 % compared to the previous year, with a decrease of -12.5 % quarter-on-quarter. Operating Profit dropped by -16.67 % annually, and saw a 12.5 % increase from the last quarter.
Net Profit showed yearly increase of 195.45 %, and experienced a 441.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 198.39 % annually, however rose by 465.65 % compared to the last quarter. In essence, while Devinsu Trading Ltd., 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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