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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 63.37 %. Marginal increase in other income during this quarter, up by 15.5%.
- Profit over the Year and quarter: Significant improvement in profitability for Atharv Enterprises Limited. Notable increase of 9.3 % in net profit Year to Year, Atharv Enterprises Limited’s profitability increased by 6.82 % in this quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3.277 Cr | Rs. 0.267 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 3.58 Cr | Rs. 0.72 Cr | Rs. 0.53 Cr | -26.39 % | -85.2 % |
Operating Profit | Rs. -0.3 Cr | Rs. -0.45 Cr | Rs. -0.53 Cr | -17.78 % | -76.67 % |
OPM % | -9.15 % | -168.54 % | 0 % | + 168.54 % | + 9.15 % |
Other Income | Rs. 0.374 Cr | Rs. 0.529 Cr | Rs. 0.611 Cr | + 15.5 % | + 63.37 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.05 Cr | Rs. 0.06 Cr | Rs. 0.06 Cr | + 0 % | + 20 % |
Tax % | 25.86 % | 25.42 % | 25.81 % | + 0.39 % | -0.05 % |
Net Profit | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.05 Cr | + 25 % | + 25 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Atharv Enterprises Limited’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -26.39 % quarter-on-quarter, aligning with the annual decline of -85.2 %. Operating profit, while down -76.67 % compared to last year, faced a quarter-on-quarter dip of -17.78 %, 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 9.15 %, but an expansion of 168.54 % sequentially. Other income rose by 15.5 % compared to the last quarter, despite an annual growth of 63.37 %. 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 20 % but saw an increase from the preceding quarter by 0 %.
Tax expenses as a percentage of profits decreased slightly by -0.05 % compared to last year, with a more notable quarter-on-quarter increase of 0.39 %. Net profit rose by 25 % year-on-year but experienced a 25 % expansion from the last quarter. In summary, Atharv Enterprises 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. 3.277 Cr | Rs. 0.267 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 3.58 Cr | Rs. 0.72 Cr | Rs. 0.53 Cr | -26.39 % | -85.2 % |
Operating Profit | Rs. -0.3 Cr | Rs. -0.45 Cr | Rs. -0.53 Cr | -17.78 % | -76.67 % |
Net Profit | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.05 Cr | + 25 % | + 25 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
In reviewing Atharv Enterprises Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -85.2 % compared to the previous year, with a decrease of -26.39 % quarter-on-quarter. Operating Profit dropped by -76.67 % annually, and saw a -17.78 % decrease from the last quarter.
Net Profit showed yearly increase of 25 %, and experienced a 25 % increase from the previous quarter. In essence, while Atharv Enterprises Limited exhibits strong annual growth 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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