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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 700 %. Marginal decrease of -60% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for NEELKANTH LIMITED. Notable increase of 3.67 % in net profit Year to Year, NEELKANTH LIMITED’s profitability dropped by -206.6 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 4.00 % Year to Year. EPS decreased by -208.33 % 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. 0.683 Cr | Rs. 1.03 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.76 Cr | Rs. 0.91 Cr | Rs. 0.09 Cr | -90.11 % | -88.16 % |
Operating Profit | Rs. -0.08 Cr | Rs. 0.12 Cr | Rs. -0.09 Cr | -175 % | -12.5 % |
OPM % | -11.71 % | 11.65 % | 0 % | -11.65 % | + 11.71 % |
Other Income | Rs. 0.001 Cr | Rs. 0.02 Cr | Rs. 0.008 Cr | -60 % | + 700 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.12 Cr | Rs. 0.1 Cr | Rs. -0.12 Cr | -220 % | + 0 % |
Tax % | -0 % | 0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.11 Cr | Rs. 0.11 Cr | Rs. -0.11 Cr | -200 % | + 0 % |
EPS in Rs | Rs. -0.25 | Rs. 0.24 | Rs. -0.26 | -208.33 % | -4 % |
Today, we’re looking at NEELKANTH LIMITED’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -90.11 % quarter-on-quarter, aligning with the annual decline of -88.16 %. Operating profit, while down -12.5 % compared to last year, faced a quarter-on-quarter dip of -175 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 11.71 %, but a shrinkage of -11.65 % sequentially. Other income fell by -60 % compared to the last quarter, despite an annual growth of 700 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 0 % but saw a reduction from the preceding quarter by -220 %.
Net profit rose by 0 % year-on-year but witnessed a -200 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4 % but a quarterly fall of -208.33 %. In summary, NEELKANTH 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. 0.683 Cr | Rs. 1.03 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.76 Cr | Rs. 0.91 Cr | Rs. 0.09 Cr | -90.11 % | -88.16 % |
Operating Profit | Rs. -0.08 Cr | Rs. 0.12 Cr | Rs. -0.09 Cr | -175 % | -12.5 % |
Net Profit | Rs. -0.11 Cr | Rs. 0.11 Cr | Rs. -0.11 Cr | -200 % | + 0 % |
EPS in Rs | Rs. -0.25 | Rs. 0.24 | Rs. -0.26 | -208.33 % | -4 % |
In reviewing NEELKANTH LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -88.16 % compared to the previous year, with a decrease of -90.11 % quarter-on-quarter. Operating Profit dropped by -12.5 % annually, and saw a -175 % decrease from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -200 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -4 % annually, however dipped by -208.33 % compared to the last quarter. In essence, while NEELKANTH LIMITED 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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