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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 780.11 % in the past year, substantial increase in net sales/revenue by 1246.77 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Confidence Finance And Trading Limited. Profit dropped by -33.33 % Year to Year, Confidence Finance And Trading Limited’s profitability increased by 35.17 % in this quarter.
- EPS over the Year and quarter: EPS declined by -95.45 % Year to Year. EPS decreased by -90.91 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.759 Cr | Rs. 0.496 Cr | Rs. 6.68 Cr | + 1246.77 % | + 780.11 % |
Expenses | Rs. 0.24 Cr | Rs. 0.3 Cr | Rs. 6.39 Cr | + 2030 % | + 2562.5 % |
Operating Profit | Rs. 0.52 Cr | Rs. 0.2 Cr | Rs. 0.29 Cr | + 45 % | -44.23 % |
OPM % | 68.51 % | 40.32 % | 4.34 % | -35.98 % | -64.17 % |
Other Income | Rs. 0.019 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | -47.37 % |
Interest | Rs. 0.12 Cr | Rs. 0 Cr | Rs. 0.05 Cr | 0 % | -58.33 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -50 % |
Profit before tax | Rs. 0.4 Cr | Rs. 0.19 Cr | Rs. 0.24 Cr | + 26.32 % | -40 % |
Tax % | 25.94 % | 25.39 % | 20.08 % | -5.31 % | -5.86 % |
Net Profit | Rs. 0.29 Cr | Rs. 0.15 Cr | Rs. 0.2 Cr | + 33.33 % | -31.03 % |
EPS in Rs | Rs. 0.22 | Rs. 0.11 | Rs. 0.01 | -90.91 % | -95.45 % |
Today, we’re looking at Confidence Finance And Trading Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 780.11 %. However, it did see a marginal increase of 1246.77 % from the previous quarter. Expenses ticked up slightly by 2030 % quarter-on-quarter, aligning with the annual rise of 2562.5 %. Operating profit, while down -44.23 % compared to last year, faced a quarter-on-quarter increase of 45 %, 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 -64.17 %, but a shrinkage of -35.98 % sequentially. despite an annual decline of -47.37 %. yet the year-over-year decrease remains at a moderate -58.33 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax declined annually by -40 % but saw an increase from the preceding quarter by 26.32 %.
Tax expenses as a percentage of profits decreased slightly by -5.86 % compared to last year, with a more notable quarter-on-quarter decrease of -5.31 %. Net profit fell by -31.03 % year-on-year but experienced a 33.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -95.45 % but a quarterly fall of -90.91 %. In summary, Confidence Finance And Trading 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. 0.759 Cr | Rs. 0.496 Cr | Rs. 6.68 Cr | + 1246.77 % | + 780.11 % |
Expenses | Rs. 0.24 Cr | Rs. 0.3 Cr | Rs. 6.39 Cr | + 2030 % | + 2562.5 % |
Operating Profit | Rs. 0.52 Cr | Rs. 0.2 Cr | Rs. 0.29 Cr | + 45 % | -44.23 % |
Net Profit | Rs. 0.29 Cr | Rs. 0.15 Cr | Rs. 0.2 Cr | + 33.33 % | -31.03 % |
EPS in Rs | Rs. 0.22 | Rs. 0.11 | Rs. 0.01 | -90.91 % | -95.45 % |
In reviewing Confidence Finance And Trading Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 780.11 % year-on-year growth, however, there was a minor increase of 1246.77 % from the previous quarter. Expenses rose by 2562.5 % compared to the previous year, with a 2030 % increase quarter-on-quarter. Operating Profit dropped by -44.23 % annually, and saw a 45 % increase from the last quarter.
Net Profit showed yearly decrease of -31.03 %, and experienced a 33.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -95.45 % annually, however dipped by -90.91 % compared to the last quarter. In essence, while Confidence Finance And Trading 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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