Share the post "Heads UP Ventures announces Q2 results: Profit Rises by 134.62% YoY"
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 214.85 %. Marginal increase in other income during this quarter, up by 73.77%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Heads UP Ventures Limited. Profit dropped by -134.27 % Year to Year, Heads UP Ventures Limited’s profitability dropped by -215.09 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -134.29 % Year to Year. EPS decreased by -209.09 % 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. 0.026 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.88 Cr | Rs. 0.41 Cr | Rs. 0.04 Cr | -90.24 % | -95.45 % |
Operating Profit | Rs. -0.85 Cr | Rs. -0.41 Cr | Rs. -0.04 Cr | + 90.24 % | + 95.29 % |
OPM % | -3269.23 % | 0 % | 0 % | 0 % | + 3269.23 % |
Other Income | Rs. 0.101 Cr | Rs. 0.183 Cr | Rs. 0.318 Cr | + 73.77 % | + 214.85 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.77 Cr | Rs. -0.23 Cr | Rs. 0.28 Cr | + 221.74 % | + 136.36 % |
Tax % | -0 % | -0 % | 3.61 % | + 3.61 % | + 3.61 % |
Net Profit | Rs. -0.78 Cr | Rs. -0.23 Cr | Rs. 0.27 Cr | + 217.39 % | + 134.62 % |
EPS in Rs | Rs. -0.35 | Rs. -0.11 | Rs. 0.12 | + 209.09 % | + 134.29 % |
Today, we’re looking at Heads UP Ventures Limited’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -90.24 % quarter-on-quarter, aligning with the annual decline of -95.45 %. Operating profit, while up 95.29 % compared to last year, faced a quarter-on-quarter increase of 90.24 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3269.23 %, Other income rose by 73.77 % compared to the last quarter, despite an annual growth of 214.85 %. Profit before tax grew annually by 136.36 % but saw an increase from the preceding quarter by 221.74 %.
Tax expenses as a percentage of profits increased slightly by 3.61 % compared to last year, with a more notable quarter-on-quarter increase of 3.61 %. Net profit rose by 134.62 % year-on-year but experienced a 217.39 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 134.29 % but a quarterly rise of 209.09 %. 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. 0.026 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.88 Cr | Rs. 0.41 Cr | Rs. 0.04 Cr | -90.24 % | -95.45 % |
Operating Profit | Rs. -0.85 Cr | Rs. -0.41 Cr | Rs. -0.04 Cr | + 90.24 % | + 95.29 % |
Net Profit | Rs. -0.78 Cr | Rs. -0.23 Cr | Rs. 0.27 Cr | + 217.39 % | + 134.62 % |
EPS in Rs | Rs. -0.35 | Rs. -0.11 | Rs. 0.12 | + 209.09 % | + 134.29 % |
In reviewing Heads UP Ventures Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -95.45 % compared to the previous year, with a decrease of -90.24 % quarter-on-quarter. Operating Profit surged by 95.29 % annually, and saw a 90.24 % increase from the last quarter.
Net Profit showed yearly increase of 134.62 %, and experienced a 217.39 % increase from the previous quarter. Earnings Per Share (EPS) rose by 134.29 % annually, however rose by 209.09 % compared to the last quarter. In essence, while Heads UP Ventures 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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