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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2157.14 % in the past year,
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.67 %, Marginal increase in other income during this quarter, up by 100%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Heads UP Ventures Limited. Profit dropped by -61.15 % Year to Year, Heads UP Ventures Limited’s profitability increased by 170.82 % in this quarter.
- EPS over the Year and quarter: EPS declined by -60.96 % Year to Year. EPS increased by 169.7 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.007 Cr | Rs. 190.862 Cr | Rs. 0.158 Cr | -99.17 % | + 2157.14 % |
| Expenses | Rs. 5.16 Cr | Rs. 0.73 Cr | Rs. 2.15 Cr | + 194.52 % | -58.33 % |
| Operating Profit | Rs. -5.15 Cr | Rs. 190.13 Cr | Rs. -1.99 Cr | -101.05 % | + 61.36 % |
| OPM % | -73571.43 % | 99.62 % | -1259.49 % | -1359.11 % | + 72311.94 % |
| Other Income | Rs. 0.12 Cr | Rs. 0.02 Cr | Rs. 0.04 Cr | + 100 % | -66.67 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0 % | + 0 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | + 0 % |
| Profit before tax | Rs. -5.04 Cr | Rs. 190.13 Cr | Rs. -1.96 Cr | -101.03 % | + 61.11 % |
| Tax % | -0 % | -0 % | -0 % | + 0 % | + 0 % |
| Net Profit | Rs. -5.04 Cr | Rs. -0.72 Cr | Rs. -1.96 Cr | -172.22 % | + 61.11 % |
| EPS in Rs | Rs. -2.28 | Rs. -0.33 | Rs. -0.89 | -169.7 % | + 60.96 % |
Today, we’re looking at Heads UP Ventures Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 2157.14 %. However, it did see a marginal slip of -99.17 % from the previous quarter. Expenses ticked up slightly by 194.52 % quarter-on-quarter, aligning with the annual decline of -58.33 %. Operating profit, while up 61.36 % compared to last year, faced a quarter-on-quarter dip of -101.05 %, 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 72311.94 %, but a shrinkage of -1359.11 % sequentially. Other income rose by 100 % compared to the last quarter, despite an annual decline of -66.67 %. Interest expenses surged remarkably by 25.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 133.92 %. Depreciation costs fell by -50 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 61.11 % but saw a reduction from the preceding quarter by -101.03 %.
Tax expenses as a percentage of profits increased slightly by 10.95 % compared to last year, with a more notable quarter-on-quarter increase of 0.69 %. Net profit rose by 61.11 % year-on-year but witnessed a -172.22 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 60.96 % but a quarterly fall of -169.7 %. In summary, Heads UP Ventures 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. 0.007 Cr | Rs. 190.862 Cr | Rs. 0.158 Cr | -99.17 % | + 2157.14 % |
| Expenses | Rs. 5.16 Cr | Rs. 0.73 Cr | Rs. 2.15 Cr | + 194.52 % | -58.33 % |
| Operating Profit | Rs. -5.15 Cr | Rs. 190.13 Cr | Rs. -1.99 Cr | -101.05 % | + 61.36 % |
| Net Profit | Rs. -5.04 Cr | Rs. -0.72 Cr | Rs. -1.96 Cr | -172.22 % | + 61.11 % |
| EPS in Rs | Rs. -2.28 | Rs. -0.33 | Rs. -0.89 | -169.7 % | + 60.96 % |
In reviewing Heads UP Ventures Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2157.14 % year-on-year growth, although there was a slight dip of -99.17 % from the previous quarter. Expenses decreased by -58.33 % compared to the previous year, with a 194.52 % increase quarter-on-quarter. Operating Profit surged by 61.36 % annually, and saw a -101.05 % decrease from the last quarter.
Net Profit showed yearly increase of 61.11 %, and experienced a -172.22 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 60.96 % annually, however dipped by -169.7 % compared to the last quarter. In essence, while Heads UP Ventures 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.
