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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 83.47 % in the past year, decrease in net sales/revenue by -11.2 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Otco International Ltd. Profit dropped by -14.29 % Year to Year, Otco International Ltd’s profitability increased by 1100 % in this quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.363 Cr | Rs. 0.75 Cr | Rs. 0.666 Cr | -11.2 % | + 83.47 % |
Expenses | Rs. 0.34 Cr | Rs. 0.68 Cr | Rs. 0.64 Cr | -5.88 % | + 88.24 % |
Operating Profit | Rs. 0.02 Cr | Rs. 0.07 Cr | Rs. 0.03 Cr | -57.14 % | + 50 % |
OPM % | 5.51 % | 9.33 % | 4.5 % | -4.83 % | -1.01 % |
Other Income | Rs. 0.001 Cr | Rs. 0 Cr | Rs. 0.003 Cr | 0 % | + 200 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.06 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.03 Cr | + 200 % | + 50 % |
Tax % | 0 % | 83.33 % | 0 % | -83.33 % | 0 % |
Net Profit | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0.02 Cr | 0 % | -33.33 % |
EPS in Rs | Rs. 0.02 | Rs. 0 | Rs. 0.02 | 0 % | + 0 % |
Today, we’re looking at Otco International 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 83.47 %. However, it did see a marginal slip of -11.2 % from the previous quarter. Expenses decreased slightly by -5.88 % quarter-on-quarter, aligning with the annual rise of 88.24 %. Operating profit, while up 50 % compared to last year, faced a quarter-on-quarter dip of -57.14 %, 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 -1.01 %, but a shrinkage of -4.83 % sequentially. despite an annual growth of 200 %. Profit before tax grew annually by 50 % but saw an increase from the preceding quarter by 200 %.
with a more notable quarter-on-quarter decrease of -83.33 %. Net profit fell by -33.33 % year-on-year And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % In summary, Otco International 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. 0.363 Cr | Rs. 0.75 Cr | Rs. 0.666 Cr | -11.2 % | + 83.47 % |
Expenses | Rs. 0.34 Cr | Rs. 0.68 Cr | Rs. 0.64 Cr | -5.88 % | + 88.24 % |
Operating Profit | Rs. 0.02 Cr | Rs. 0.07 Cr | Rs. 0.03 Cr | -57.14 % | + 50 % |
Net Profit | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0.02 Cr | 0 % | -33.33 % |
EPS in Rs | Rs. 0.02 | Rs. 0 | Rs. 0.02 | 0 % | + 0 % |
In reviewing Otco International Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 83.47 % year-on-year growth, although there was a slight dip of -11.2 % from the previous quarter. Expenses rose by 88.24 % compared to the previous year, with a decrease of -5.88 % quarter-on-quarter. Operating Profit surged by 50 % annually, and saw a -57.14 % decrease from the last quarter.
Net Profit showed yearly decrease of -33.33 %, Earnings Per Share (EPS) rose by 0 % annually, In essence, while Otco International Ltd exhibits strong annual growth 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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