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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 3423.08 % in the past year, decrease in net sales/revenue by -82.03 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -98.85 %, Marginal increase in other income during this quarter, up by 101.04%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Adarsh Mercantile Limited. Profit dropped by -94.78 % Year to Year, Adarsh Mercantile Limited’s profitability dropped by -102.3 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -94.80 % Year to Year. EPS decreased by -102.29 % 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. 0.013 Cr | Rs. 2.548 Cr | Rs. 0.458 Cr | -82.03 % | + 3423.08 % |
Expenses | Rs. 0.06 Cr | Rs. 5.22 Cr | Rs. 0.44 Cr | -91.57 % | + 633.33 % |
Operating Profit | Rs. -0.05 Cr | Rs. -2.67 Cr | Rs. 0.02 Cr | + 100.75 % | + 140 % |
OPM % | -384.62 % | -104.79 % | 4.37 % | + 109.16 % | + 388.99 % |
Other Income | Rs. 1.819 Cr | Rs. -2.024 Cr | Rs. 0.021 Cr | + 101.04 % | -98.85 % |
Interest | Rs. 0.06 Cr | Rs. 0.05 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.02 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 1.71 Cr | Rs. -4.76 Cr | Rs. 0.04 Cr | + 100.84 % | -97.66 % |
Tax % | 0 % | -2.79 % | 0 % | + 2.79 % | 0 % |
Net Profit | Rs. 2.05 Cr | Rs. -4.65 Cr | Rs. 0.11 Cr | + 102.37 % | -94.63 % |
EPS in Rs | Rs. 5.58 | Rs. -12.65 | Rs. 0.29 | + 102.29 % | -94.8 % |
Today, we’re looking at Adarsh Mercantile 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 3423.08 %. However, it did see a marginal slip of -82.03 % from the previous quarter. Expenses decreased slightly by -91.57 % quarter-on-quarter, aligning with the annual rise of 633.33 %. Operating profit, while up 140 % compared to last year, faced a quarter-on-quarter increase of 100.75 %, 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 388.99 %, but an expansion of 109.16 % sequentially. Other income rose by 101.04 % compared to the last quarter, despite an annual decline of -98.85 %. Profit before tax declined annually by -97.66 % but saw an increase from the preceding quarter by 100.84 %.
with a more notable quarter-on-quarter increase of 2.79 %. Net profit fell by -94.63 % year-on-year but experienced a 102.37 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -94.8 % but a quarterly rise of 102.29 %. In summary, Adarsh Mercantile 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. 0.013 Cr | Rs. 2.548 Cr | Rs. 0.458 Cr | -82.03 % | + 3423.08 % |
Expenses | Rs. 0.06 Cr | Rs. 5.22 Cr | Rs. 0.44 Cr | -91.57 % | + 633.33 % |
Operating Profit | Rs. -0.05 Cr | Rs. -2.67 Cr | Rs. 0.02 Cr | + 100.75 % | + 140 % |
Net Profit | Rs. 2.05 Cr | Rs. -4.65 Cr | Rs. 0.11 Cr | + 102.37 % | -94.63 % |
EPS in Rs | Rs. 5.58 | Rs. -12.65 | Rs. 0.29 | + 102.29 % | -94.8 % |
In reviewing Adarsh Mercantile Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3423.08 % year-on-year growth, although there was a slight dip of -82.03 % from the previous quarter. Expenses rose by 633.33 % compared to the previous year, with a decrease of -91.57 % quarter-on-quarter. Operating Profit surged by 140 % annually, and saw a 100.75 % increase from the last quarter.
Net Profit showed yearly decrease of -94.63 %, and experienced a 102.37 % increase from the previous quarter. Earnings Per Share (EPS) fell by -94.8 % annually, however rose by 102.29 % compared to the last quarter. In essence, while Adarsh Mercantile Limited faces strong annual decline 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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