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Highlights
- Sales over the Year and quarter:
- 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 100.19 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Binani Industries Limited. Profit dropped by -98.78 % Year to Year, Binani Industries Limited’s profitability dropped by -57.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -57.78 % 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. 0.42 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 145.84 Cr | Rs. 4.22 Cr | Rs. 2.06 Cr | -51.18 % | -98.59 % |
| Operating Profit | Rs. -145.42 Cr | Rs. -4.22 Cr | Rs. -2.06 Cr | + 51.18 % | + 98.58 % |
| OPM % | -34623.81 % | 0 % | 0 % | 0 % | + 34623.81 % |
| Other Income | Rs. -144.7 Cr | Rs. 0 Cr | Rs. 0.28 Cr | 0 % | + 100.19 % |
| Interest | Rs. 0.9 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. -291.04 Cr | Rs. -4.22 Cr | Rs. -1.78 Cr | + 57.82 % | + 99.39 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -145.52 Cr | Rs. -4.22 Cr | Rs. -1.78 Cr | + 57.82 % | + 98.78 % |
| EPS in Rs | Rs. 0 | Rs. -1.35 | Rs. -0.57 | + 57.78 % | 0 % |
Today, we’re looking at Binani Industries Limited’s financial performance for the Q4(Mar 2024).Expenses decreased slightly by -51.18 % quarter-on-quarter, aligning with the annual decline of -98.59 %. Operating profit, while up 98.58 % compared to last year, faced a quarter-on-quarter increase of 51.18 %, 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 34623.81 %, despite an annual growth of 100.19 %. Profit before tax grew annually by 99.39 % but saw an increase from the preceding quarter by 57.82 %.
Net profit rose by 98.78 % year-on-year but experienced a 57.82 % expansion from the last quarter. but a quarterly rise of 57.78 %. In summary, Binani Industries 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. 0.42 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 145.84 Cr | Rs. 4.22 Cr | Rs. 2.06 Cr | -51.18 % | -98.59 % |
| Operating Profit | Rs. -145.42 Cr | Rs. -4.22 Cr | Rs. -2.06 Cr | + 51.18 % | + 98.58 % |
| Net Profit | Rs. -145.52 Cr | Rs. -4.22 Cr | Rs. -1.78 Cr | + 57.82 % | + 98.78 % |
| EPS in Rs | Rs. 0 | Rs. -1.35 | Rs. -0.57 | + 57.78 % | 0 % |
In reviewing Binani Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -98.59 % compared to the previous year, with a decrease of -51.18 % quarter-on-quarter. Operating Profit surged by 98.58 % annually, and saw a 51.18 % increase from the last quarter.
Net Profit showed yearly increase of 98.78 %, and experienced a 57.82 % increase from the previous quarter. however rose by 57.78 % compared to the last quarter. In essence, while Binani Industries 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.
