Share the post "Ladam Affortable Housing ‘s Q1 Update: Profit Falls by 20% Year-on-Year"
Highlights
- The presented financial data is Consolidated 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 -6.67 %, Marginal decrease of -69.23% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ladam Affortable Housing Limited. Notable increase of 32.61 % in net profit Year to Year, Ladam Affortable Housing Limited’s profitability increased by 8.93 % in this quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % 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. 0.818 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.08 Cr | Rs. 0.91 Cr | Rs. 0.09 Cr | -90.11 % | + 12.5 % |
| Operating Profit | Rs. -0.08 Cr | Rs. -0.09 Cr | Rs. -0.09 Cr | + 0 % | -12.5 % |
| OPM % | 0 % | -11 % | 0 % | + 11 % | 0 % |
| Other Income | Rs. 0.03 Cr | Rs. 0.091 Cr | Rs. 0.028 Cr | -69.23 % | -6.67 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0.05 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.05 Cr | Rs. -0.05 Cr | Rs. -0.06 Cr | -20 % | -20 % |
| Tax % | -0 % | -21.74 % | -0 % | + 21.74 % | 0 % |
| Net Profit | Rs. -0.05 Cr | Rs. -0.06 Cr | Rs. -0.06 Cr | + 0 % | -20 % |
| EPS in Rs | Rs. -0.03 | Rs. -0.03 | Rs. -0.03 | + 0 % | + 0 % |
Today, we’re looking at Ladam Affortable Housing Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -90.11 % quarter-on-quarter, aligning with the annual rise of 12.5 %. Operating profit, while down -12.5 % compared to last year, faced a quarter-on-quarter increase of 0 %, signaling a short-term expansion in margins.
but an expansion of 11 % sequentially. Other income fell by -69.23 % compared to the last quarter, despite an annual decline of -6.67 %. Profit before tax declined annually by -20 % but saw a reduction from the preceding quarter by -20 %.
with a more notable quarter-on-quarter increase of 21.74 %. Net profit fell by -20 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 0 %. In summary, Ladam Affortable Housing 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. 0.818 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.08 Cr | Rs. 0.91 Cr | Rs. 0.09 Cr | -90.11 % | + 12.5 % |
| Operating Profit | Rs. -0.08 Cr | Rs. -0.09 Cr | Rs. -0.09 Cr | + 0 % | -12.5 % |
| Net Profit | Rs. -0.05 Cr | Rs. -0.06 Cr | Rs. -0.06 Cr | + 0 % | -20 % |
| EPS in Rs | Rs. -0.03 | Rs. -0.03 | Rs. -0.03 | + 0 % | + 0 % |
In reviewing Ladam Affortable Housing Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 12.5 % compared to the previous year, with a decrease of -90.11 % quarter-on-quarter. Operating Profit dropped by -12.5 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly decrease of -20 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 0 % compared to the last quarter. In essence, while Ladam Affortable Housing 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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