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Abirami Financial Services (India) announced Financial Results Q1 2024-25

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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 35.4 %. Marginal decrease of -24.83% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Abirami Financial Services (India). Notable increase of 31.95 % in net profit Year to Year, Abirami Financial Services (India)’s profitability dropped by -11.51 % Quarter to Quarter.
  • EPS over the Year and quarter:

The comprehensive analytics outlining the performance and outlook of Abirami Financial Services (India)‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.14 Cr Rs. 0.17 Cr Rs. 0.14 Cr -17.65 % + 0 %
Operating Profit Rs. -0.14 Cr Rs. -0.17 Cr Rs. -0.14 Cr + 17.65 % + 0 %
OPM % 0 % 0 % 0 % 0 % 0 %
Other Income Rs. 0.322 Cr Rs. 0.58 Cr Rs. 0.436 Cr -24.83 % + 35.4 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 0.18 Cr Rs. 0.41 Cr Rs. 0.3 Cr -26.83 % + 66.67 %
Tax % 5.59 % 38.08 % 24.66 % -13.42 % + 19.07 %
Net Profit Rs. 0.17 Cr Rs. 0.25 Cr Rs. 0.22 Cr -12 % + 29.41 %
EPS in Rs Rs. 0 Rs. 0.47 Rs. 0 0 % 0 %


Today, we’re looking at Abirami Financial Services (India)’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -17.65 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 17.65 %, signaling a short-term expansion in margins.
Other income fell by -24.83 % compared to the last quarter, despite an annual growth of 35.4 %. Profit before tax grew annually by 66.67 % but saw a reduction from the preceding quarter by -26.83 %.
Tax expenses as a percentage of profits increased slightly by 19.07 % compared to last year, with a more notable quarter-on-quarter decrease of -13.42 %. Net profit rose by 29.41 % year-on-year but witnessed a -12 % contraction from the last quarter. In summary, Abirami Financial Services (India)’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 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.14 Cr Rs. 0.17 Cr Rs. 0.14 Cr -17.65 % + 0 %
Operating Profit Rs. -0.14 Cr Rs. -0.17 Cr Rs. -0.14 Cr + 17.65 % + 0 %
Net Profit Rs. 0.17 Cr Rs. 0.25 Cr Rs. 0.22 Cr -12 % + 29.41 %
EPS in Rs Rs. 0 Rs. 0.47 Rs. 0 0 % 0 %


In reviewing Abirami Financial Services (India)’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a decrease of -17.65 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 17.65 % increase from the last quarter.
Net Profit showed yearly increase of 29.41 %, and experienced a -12 % decrease from the previous quarter. In essence, while Abirami Financial Services (India) faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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