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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 decline in other income over the past year which is -22.84 %, Marginal decrease of -65% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Acrow (India) Ltd.,. Profit dropped by -49.82 % Year to Year, Acrow (India) Ltd.,’s profitability dropped by -26.8 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -50.11 % Year to Year. EPS decreased by -27.3 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 1.62 Cr | Rs. 0.1 Cr | -93.83 % | + 0 % |
Operating Profit | Rs. -0.1 Cr | Rs. -1.62 Cr | Rs. -0.1 Cr | + 93.83 % | + 0 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.543 Cr | Rs. 1.197 Cr | Rs. 0.419 Cr | -65 % | -22.84 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.04 Cr | Rs. 0.08 Cr | Rs. 0.08 Cr | + 0 % | + 100 % |
Profit before tax | Rs. 0.4 Cr | Rs. -0.5 Cr | Rs. 0.24 Cr | + 148 % | -40 % |
Tax % | 28.46 % | -138.72 % | 41.32 % | + 180.04 % | + 12.86 % |
Net Profit | Rs. 0.28 Cr | Rs. 0.19 Cr | Rs. 0.14 Cr | -26.32 % | -50 % |
EPS in Rs | Rs. 4.43 | Rs. 3.04 | Rs. 2.21 | -27.3 % | -50.11 % |
Today, we’re looking at Acrow (India) Ltd.,’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -93.83 % 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 93.83 %, signaling a short-term expansion in margins.
Other income fell by -65 % compared to the last quarter, despite an annual decline of -22.84 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 100 %. Profit before tax declined annually by -40 % but saw an increase from the preceding quarter by 148 %.
Tax expenses as a percentage of profits increased slightly by 12.86 % compared to last year, with a more notable quarter-on-quarter increase of 180.04 %. Net profit fell by -50 % year-on-year but witnessed a -26.32 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50.11 % but a quarterly fall of -27.3 %. In summary, Acrow (India) Ltd.,’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. 0.1 Cr | Rs. 1.62 Cr | Rs. 0.1 Cr | -93.83 % | + 0 % |
Operating Profit | Rs. -0.1 Cr | Rs. -1.62 Cr | Rs. -0.1 Cr | + 93.83 % | + 0 % |
Net Profit | Rs. 0.28 Cr | Rs. 0.19 Cr | Rs. 0.14 Cr | -26.32 % | -50 % |
EPS in Rs | Rs. 4.43 | Rs. 3.04 | Rs. 2.21 | -27.3 % | -50.11 % |
In reviewing Acrow (India) Ltd.,’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 -93.83 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 93.83 % increase from the last quarter.
Net Profit showed yearly decrease of -50 %, and experienced a -26.32 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -50.11 % annually, however dipped by -27.3 % compared to the last quarter. In essence, while Acrow (India) Ltd., 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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