Share the post "Rajasthan Gases ‘s Latest Q1 Report: Profit Up by 61.11% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rajasthan Gases Ltd.. Profit dropped by -60 % Year to Year, Rajasthan Gases Ltd.’s profitability increased by 79.49 % in this quarter.
- EPS over the Year and quarter: EPS declined by -96.97 % 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. 0.06 Cr | Rs. 0.03 Cr | Rs. 0.07 Cr | + 133.33 % | + 16.67 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.03 Cr | Rs. -0.07 Cr | -133.33 % | -16.67 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.12 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.18 Cr | Rs. -0.04 Cr | Rs. -0.07 Cr | -75 % | + 61.11 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.18 Cr | Rs. -0.04 Cr | Rs. -0.07 Cr | -75 % | + 61.11 % |
EPS in Rs | Rs. -0.33 | Rs. -0.01 | Rs. -0.01 | + 0 % | + 96.97 % |
Today, we’re looking at Rajasthan Gases Ltd.’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 133.33 % quarter-on-quarter, aligning with the annual rise of 16.67 %. Operating profit, while down -16.67 % compared to last year, faced a quarter-on-quarter dip of -133.33 %, signaling a short-term contraction in margins.
Profit before tax grew annually by 61.11 % but saw a reduction from the preceding quarter by -75 %.
Net profit rose by 61.11 % year-on-year but witnessed a -75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 96.97 % but a quarterly rise of 0 %. In summary, Rajasthan Gases 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.06 Cr | Rs. 0.03 Cr | Rs. 0.07 Cr | + 133.33 % | + 16.67 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.03 Cr | Rs. -0.07 Cr | -133.33 % | -16.67 % |
Net Profit | Rs. -0.18 Cr | Rs. -0.04 Cr | Rs. -0.07 Cr | -75 % | + 61.11 % |
EPS in Rs | Rs. -0.33 | Rs. -0.01 | Rs. -0.01 | + 0 % | + 96.97 % |
In reviewing Rajasthan Gases Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 16.67 % compared to the previous year, with a 133.33 % increase quarter-on-quarter. Operating Profit dropped by -16.67 % annually, and saw a -133.33 % decrease from the last quarter.
Net Profit showed yearly increase of 61.11 %, and experienced a -75 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 96.97 % annually, however rose by 0 % compared to the last quarter. In essence, while Rajasthan Gases Ltd. 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.