Share the post "AF Enterprises ‘s Q1 Financial results: Revenue Grows by 22.55% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 22.55 % in the past year, decrease in net sales/revenue by -73.1 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -94.2 %, Marginal decrease of -95.61% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for A.F. Enterprises Limited. Profit dropped by -16.3 % Year to Year, A.F. Enterprises Limited’s profitability dropped by -3950 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -181.82 % Year to Year. EPS increased by 2600 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1.175 Cr | Rs. 5.354 Cr | Rs. 1.44 Cr | -73.1 % | + 22.55 % |
Expenses | Rs. 1.83 Cr | Rs. 5.27 Cr | Rs. 1.57 Cr | -70.21 % | -14.21 % |
Operating Profit | Rs. -0.66 Cr | Rs. 0.08 Cr | Rs. -0.13 Cr | -262.5 % | + 80.3 % |
OPM % | -56.17 % | 1.49 % | -9.03 % | -10.52 % | + 47.14 % |
Other Income | Rs. 0.517 Cr | Rs. 0.684 Cr | Rs. 0.03 Cr | -95.61 % | -94.2 % |
Interest | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.28 Cr | Rs. 0.28 Cr | Rs. 0.25 Cr | -10.71 % | -10.71 % |
Profit before tax | Rs. -0.46 Cr | Rs. 0.44 Cr | Rs. -0.39 Cr | -188.64 % | + 15.22 % |
Tax % | -0 % | 97.79 % | -0 % | -97.79 % | 0 % |
Net Profit | Rs. -0.46 Cr | Rs. 0.01 Cr | Rs. -0.39 Cr | -4000 % | + 15.22 % |
EPS in Rs | Rs. -0.24 | Rs. 0.01 | Rs. -0.27 | -2800 % | -12.5 % |
Today, we’re looking at A.F. Enterprises Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 22.55 %. However, it did see a marginal slip of -73.1 % from the previous quarter. Expenses decreased slightly by -70.21 % quarter-on-quarter, aligning with the annual decline of -14.21 %. Operating profit, while up 80.3 % compared to last year, faced a quarter-on-quarter dip of -262.5 %, 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 47.14 %, but a shrinkage of -10.52 % sequentially. Other income fell by -95.61 % compared to the last quarter, despite an annual decline of -94.2 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -10.71 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.71 %. Profit before tax grew annually by 15.22 % but saw a reduction from the preceding quarter by -188.64 %.
with a more notable quarter-on-quarter decrease of -97.79 %. Net profit rose by 15.22 % year-on-year but witnessed a -4000 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -12.5 % but a quarterly fall of -2800 %. In summary, A.F. 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. 1.175 Cr | Rs. 5.354 Cr | Rs. 1.44 Cr | -73.1 % | + 22.55 % |
Expenses | Rs. 1.83 Cr | Rs. 5.27 Cr | Rs. 1.57 Cr | -70.21 % | -14.21 % |
Operating Profit | Rs. -0.66 Cr | Rs. 0.08 Cr | Rs. -0.13 Cr | -262.5 % | + 80.3 % |
Net Profit | Rs. -0.46 Cr | Rs. 0.01 Cr | Rs. -0.39 Cr | -4000 % | + 15.22 % |
EPS in Rs | Rs. -0.24 | Rs. 0.01 | Rs. -0.27 | -2800 % | -12.5 % |
In reviewing A.F. Enterprises Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.55 % year-on-year growth, although there was a slight dip of -73.1 % from the previous quarter. Expenses decreased by -14.21 % compared to the previous year, with a decrease of -70.21 % quarter-on-quarter. Operating Profit surged by 80.3 % annually, and saw a -262.5 % decrease from the last quarter.
Net Profit showed yearly increase of 15.22 %, and experienced a -4000 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -12.5 % annually, however dipped by -2800 % compared to the last quarter. In essence, while A.F. Enterprises 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.
[my_shortcode1]