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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 decline in other income over the past year which is -5.04 %, Marginal increase in other income during this quarter, up by 24.18%.
- Profit over the Year and quarter: Significant improvement in profitability for Triveni Enterprises Limited. Notable increase of 182.35 % in net profit Year to Year, Triveni Enterprises Limited’s profitability increased by 4700 % in this quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.986 Cr | 0 % | 0 % |
Expenses | Rs. 0.07 Cr | Rs. 0.09 Cr | Rs. 0.97 Cr | + 977.78 % | + 1285.71 % |
Operating Profit | Rs. -0.07 Cr | Rs. -0.09 Cr | Rs. 0.02 Cr | + 122.22 % | + 128.57 % |
OPM % | 0 % | 0 % | 2.03 % | + 2.03 % | + 2.03 % |
Other Income | Rs. 0.119 Cr | Rs. 0.091 Cr | Rs. 0.113 Cr | + 24.18 % | -5.04 % |
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. 0.05 Cr | Rs. 0 Cr | Rs. 0.13 Cr | 0 % | + 160 % |
Tax % | 25.53 % | 50 % | 26.15 % | -23.85 % | + 0.62 % |
Net Profit | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0.1 Cr | 0 % | + 233.33 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Triveni Enterprises Limited’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 977.78 % quarter-on-quarter, aligning with the annual rise of 1285.71 %. Operating profit, while up 128.57 % compared to last year, faced a quarter-on-quarter increase of 122.22 %, 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 2.03 %, but an expansion of 2.03 % sequentially. Other income rose by 24.18 % compared to the last quarter, despite an annual decline of -5.04 %. Profit before tax grew annually by 160 %
Tax expenses as a percentage of profits increased slightly by 0.62 % compared to last year, with a more notable quarter-on-quarter decrease of -23.85 %. Net profit rose by 233.33 % year-on-year In summary, Triveni Enterprises 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. 0.986 Cr | 0 % | 0 % |
Expenses | Rs. 0.07 Cr | Rs. 0.09 Cr | Rs. 0.97 Cr | + 977.78 % | + 1285.71 % |
Operating Profit | Rs. -0.07 Cr | Rs. -0.09 Cr | Rs. 0.02 Cr | + 122.22 % | + 128.57 % |
Net Profit | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0.1 Cr | 0 % | + 233.33 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
In reviewing Triveni Enterprises Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 1285.71 % compared to the previous year, with a 977.78 % increase quarter-on-quarter. Operating Profit surged by 128.57 % annually, and saw a 122.22 % increase from the last quarter.
Net Profit showed yearly increase of 233.33 %, In essence, while Triveni Enterprises Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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