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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Significant improvement in profitability for Kore Foods Limited. Notable increase of 1.82 % in net profit Year to Year, Kore Foods Limited’s profitability dropped by -7.44 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 11.11 % Year to Year. EPS increased by -0 % 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. 0.11 Cr | Rs. 0.12 Cr | Rs. 0.11 Cr | -8.33 % | + 0 % |
Operating Profit | Rs. -0.11 Cr | Rs. -0.12 Cr | Rs. -0.11 Cr | + 8.33 % | + 0 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 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. -0.11 Cr | Rs. -0.12 Cr | Rs. -0.11 Cr | + 8.33 % | + 0 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.11 Cr | Rs. -0.12 Cr | Rs. -0.11 Cr | + 8.33 % | + 0 % |
EPS in Rs | Rs. -0.09 | Rs. -0.1 | Rs. -0.1 | + 0 % | -11.11 % |
Today, we’re looking at Kore Foods Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -8.33 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 8.33 %, signaling a short-term expansion in margins.
Profit before tax grew annually by 0 % but saw an increase from the preceding quarter by 8.33 %.
Net profit rose by 0 % year-on-year but experienced a 8.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -11.11 % but a quarterly rise of 0 %. In summary, Kore Foods 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. 0.11 Cr | Rs. 0.12 Cr | Rs. 0.11 Cr | -8.33 % | + 0 % |
Operating Profit | Rs. -0.11 Cr | Rs. -0.12 Cr | Rs. -0.11 Cr | + 8.33 % | + 0 % |
Net Profit | Rs. -0.11 Cr | Rs. -0.12 Cr | Rs. -0.11 Cr | + 8.33 % | + 0 % |
EPS in Rs | Rs. -0.09 | Rs. -0.1 | Rs. -0.1 | + 0 % | -11.11 % |
In reviewing Kore Foods Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a decrease of -8.33 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 8.33 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a 8.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -11.11 % annually, however rose by 0 % compared to the last quarter. In essence, while Kore Foods 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.
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