Share the post "Adinath Textiles announced Financial Results for Q1 2024-2025"
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 -7.56 %, Marginal decrease of -24.23% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Adinath Textiles Ltd.,. Notable increase of 4.35 % in net profit Year to Year, Adinath Textiles Ltd.,’s profitability dropped by -18.37 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 5.88 % Year to Year. EPS decreased by -14.29 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.3 Cr | Rs. 0.27 Cr | Rs. 0.29 Cr | + 7.41 % | -3.33 % |
| Operating Profit | Rs. -0.3 Cr | Rs. -0.27 Cr | Rs. -0.29 Cr | -7.41 % | + 3.33 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.45 Cr | Rs. 0.549 Cr | Rs. 0.416 Cr | -24.23 % | -7.56 % |
| Interest | Rs. 0 Cr | Rs. 0.04 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | -50 % |
| Profit before tax | Rs. 0.13 Cr | Rs. 0.22 Cr | Rs. 0.12 Cr | -45.45 % | -7.69 % |
| Tax % | 15.33 % | 33.18 % | 5.26 % | -27.92 % | -10.07 % |
| Net Profit | Rs. 0.12 Cr | Rs. 0.15 Cr | Rs. 0.12 Cr | -20 % | + 0 % |
| EPS in Rs | Rs. 0.17 | Rs. 0.21 | Rs. 0.18 | -14.29 % | + 5.88 % |
Today, we’re looking at Adinath Textiles Ltd.,’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 7.41 % quarter-on-quarter, aligning with the annual decline of -3.33 %. Operating profit, while up 3.33 % compared to last year, faced a quarter-on-quarter dip of -7.41 %, signaling a short-term contraction in margins.
Other income fell by -24.23 % compared to the last quarter, despite an annual decline of -7.56 %. Depreciation costs fell by -50 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax declined annually by -7.69 % but saw a reduction from the preceding quarter by -45.45 %.
Tax expenses as a percentage of profits decreased slightly by -10.07 % compared to last year, with a more notable quarter-on-quarter decrease of -27.92 %. Net profit rose by 0 % year-on-year but witnessed a -20 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.88 % but a quarterly fall of -14.29 %. In summary, Adinath Textiles 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. 0.3 Cr | Rs. 0.27 Cr | Rs. 0.29 Cr | + 7.41 % | -3.33 % |
| Operating Profit | Rs. -0.3 Cr | Rs. -0.27 Cr | Rs. -0.29 Cr | -7.41 % | + 3.33 % |
| Net Profit | Rs. 0.12 Cr | Rs. 0.15 Cr | Rs. 0.12 Cr | -20 % | + 0 % |
| EPS in Rs | Rs. 0.17 | Rs. 0.21 | Rs. 0.18 | -14.29 % | + 5.88 % |
In reviewing Adinath Textiles Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -3.33 % compared to the previous year, with a 7.41 % increase quarter-on-quarter. Operating Profit surged by 3.33 % annually, and saw a -7.41 % decrease from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -20 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 5.88 % annually, however dipped by -14.29 % compared to the last quarter. In essence, while Adinath Textiles Ltd., 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.
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