Share the post "Aditya Ispat ‘s Q1 Results: Profit Drops by 5500% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -19.98 % over the year, decrease in net sales/revenue by -43.32 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -39.13 %, Marginal decrease of -97.7% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Aditya Ispat Ltd.. Profit dropped by -9050 % Year to Year, Aditya Ispat Ltd.’s profitability dropped by -76.98 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -10,100.00 % Year to Year. EPS decreased by -77.06 % 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. 13.348 Cr | Rs. 18.845 Cr | Rs. 10.681 Cr | -43.32 % | -19.98 % |
| Expenses | Rs. 12.19 Cr | Rs. 21.09 Cr | Rs. 10.3 Cr | -51.16 % | -15.5 % |
| Operating Profit | Rs. 1.16 Cr | Rs. -2.25 Cr | Rs. 0.38 Cr | + 116.89 % | -67.24 % |
| OPM % | 8.69 % | -11.94 % | 3.56 % | + 15.5 % | -5.13 % |
| Other Income | Rs. 0.023 Cr | Rs. 0.61 Cr | Rs. 0.014 Cr | -97.7 % | -39.13 % |
| Interest | Rs. 0.8 Cr | Rs. 0.69 Cr | Rs. 0.7 Cr | + 1.45 % | -12.5 % |
| Depreciation | Rs. 0.38 Cr | Rs. 0.37 Cr | Rs. 0.37 Cr | + 0 % | -2.63 % |
| Profit before tax | Rs. 0 Cr | Rs. -2.7 Cr | Rs. -0.68 Cr | + 74.81 % | 0 % |
| Tax % | 25 % | -13.37 % | -20.59 % | -7.22 % | -45.59 % |
| Net Profit | Rs. 0.01 Cr | Rs. -2.33 Cr | Rs. -0.54 Cr | + 76.82 % | -5500 % |
| EPS in Rs | Rs. 0.01 | Rs. -4.36 | Rs. -1 | + 77.06 % | -10100 % |
Today, we’re looking at Aditya Ispat Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -19.98 %. However, it did see a marginal slip of -43.32 % from the previous quarter. Expenses decreased slightly by -51.16 % quarter-on-quarter, aligning with the annual decline of -15.5 %. Operating profit, while down -67.24 % compared to last year, faced a quarter-on-quarter increase of 116.89 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.13 %, but an expansion of 15.5 % sequentially. Other income fell by -97.7 % compared to the last quarter, despite an annual decline of -39.13 %. Interest expenses surged remarkably by 1.45 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.5 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.63 %. but saw an increase from the preceding quarter by 74.81 %.
Tax expenses as a percentage of profits decreased slightly by -45.59 % compared to last year, with a more notable quarter-on-quarter decrease of -7.22 %. Net profit fell by -5500 % year-on-year but experienced a 76.82 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -10100 % but a quarterly rise of 77.06 %. In summary, Aditya Ispat 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. 13.348 Cr | Rs. 18.845 Cr | Rs. 10.681 Cr | -43.32 % | -19.98 % |
| Expenses | Rs. 12.19 Cr | Rs. 21.09 Cr | Rs. 10.3 Cr | -51.16 % | -15.5 % |
| Operating Profit | Rs. 1.16 Cr | Rs. -2.25 Cr | Rs. 0.38 Cr | + 116.89 % | -67.24 % |
| Net Profit | Rs. 0.01 Cr | Rs. -2.33 Cr | Rs. -0.54 Cr | + 76.82 % | -5500 % |
| EPS in Rs | Rs. 0.01 | Rs. -4.36 | Rs. -1 | + 77.06 % | -10100 % |
In reviewing Aditya Ispat Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -19.98 % year-on-year, although there was a slight dip of -43.32 % from the previous quarter. Expenses decreased by -15.5 % compared to the previous year, with a decrease of -51.16 % quarter-on-quarter. Operating Profit dropped by -67.24 % annually, and saw a 116.89 % increase from the last quarter.
Net Profit showed yearly decrease of -5500 %, and experienced a 76.82 % increase from the previous quarter. Earnings Per Share (EPS) fell by -10100 % annually, however rose by 77.06 % compared to the last quarter. In essence, while Aditya Ispat Ltd. 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.
[my_shortcode1]
