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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 -81.11 %, Marginal increase in other income during this quarter, up by 750%.
- Profit over the Year and quarter: Challenges in sustaining profitability for YASH INNOVENTURES LIMITED. Profit dropped by -221.32 % Year to Year, YASH INNOVENTURES LIMITED’s profitability increased by 674 % in this quarter.
- EPS over the Year and quarter: EPS declined by -221.28 % Year to Year. EPS increased by 714.29 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1.272 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 1.03 Cr | Rs. 0.32 Cr | Rs. 0.24 Cr | -25 % | -76.7 % |
Operating Profit | Rs. 0.24 Cr | Rs. -0.32 Cr | Rs. -0.24 Cr | + 25 % | -200 % |
OPM % | 18.87 % | 0 % | 0 % | 0 % | -18.87 % |
Other Income | Rs. 0.09 Cr | Rs. 0.002 Cr | Rs. 0.017 Cr | + 750 % | -81.11 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 100 % |
Profit before tax | Rs. 0.32 Cr | Rs. -0.33 Cr | Rs. -0.24 Cr | + 27.27 % | -175 % |
Tax % | 0 % | -84.8 % | -61.51 % | + 23.29 % | -61.51 % |
Net Profit | Rs. 0.32 Cr | Rs. -0.05 Cr | Rs. -0.39 Cr | -680 % | -221.88 % |
EPS in Rs | Rs. 0.47 | Rs. -0.07 | Rs. -0.57 | -714.29 % | -221.28 % |
Today, we’re looking at YASH INNOVENTURES LIMITED’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -25 % quarter-on-quarter, aligning with the annual decline of -76.7 %. Operating profit, while down -200 % compared to last year, faced a quarter-on-quarter increase of 25 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -18.87 %, Other income rose by 750 % compared to the last quarter, despite an annual decline of -81.11 %. Depreciation costs climbed by 100 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 100 %. Profit before tax declined annually by -175 % but saw an increase from the preceding quarter by 27.27 %.
Tax expenses as a percentage of profits decreased slightly by -61.51 % compared to last year, with a more notable quarter-on-quarter increase of 23.29 %. Net profit fell by -221.88 % year-on-year but witnessed a -680 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -221.28 % but a quarterly fall of -714.29 %. In summary, YASH INNOVENTURES 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. 1.272 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 1.03 Cr | Rs. 0.32 Cr | Rs. 0.24 Cr | -25 % | -76.7 % |
Operating Profit | Rs. 0.24 Cr | Rs. -0.32 Cr | Rs. -0.24 Cr | + 25 % | -200 % |
Net Profit | Rs. 0.32 Cr | Rs. -0.05 Cr | Rs. -0.39 Cr | -680 % | -221.88 % |
EPS in Rs | Rs. 0.47 | Rs. -0.07 | Rs. -0.57 | -714.29 % | -221.28 % |
In reviewing YASH INNOVENTURES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -76.7 % compared to the previous year, with a decrease of -25 % quarter-on-quarter. Operating Profit dropped by -200 % annually, and saw a 25 % increase from the last quarter.
Net Profit showed yearly decrease of -221.88 %, and experienced a -680 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -221.28 % annually, however dipped by -714.29 % compared to the last quarter. In essence, while YASH INNOVENTURES 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.