Share the post "Agio Paper & Industries ‘s Q1 Results: Profit Drops by 22.86% YoY"
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 -93.33 %, Marginal decrease of -50% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Agio Paper & Industries Limited. Notable increase of 21.71 % in net profit Year to Year, Agio Paper & Industries Limited’s profitability increased by 136.67 % in this quarter.
- EPS over the Year and quarter: EPS increased by 18.18 % Year to Year. EPS increased by 136.36 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 0.18 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.12 Cr | Rs. 0.1 Cr | Rs. 0.16 Cr | + 60 % | + 33.33 % |
| Operating Profit | Rs. -0.12 Cr | Rs. 0.08 Cr | Rs. -0.16 Cr | -300 % | -33.33 % |
| OPM % | 0 % | 44.44 % | 0 % | -44.44 % | 0 % |
| Other Income | Rs. 0.015 Cr | Rs. 0.002 Cr | Rs. 0.001 Cr | -50 % | -93.33 % |
| Interest | Rs. 0.22 Cr | Rs. 0.24 Cr | Rs. 0.25 Cr | + 4.17 % | + 13.64 % |
| Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | -50 % |
| Profit before tax | Rs. -0.35 Cr | Rs. -0.18 Cr | Rs. -0.42 Cr | -133.33 % | -20 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -0.35 Cr | Rs. -0.18 Cr | Rs. -0.43 Cr | -138.89 % | -22.86 % |
| EPS in Rs | Rs. -0.22 | Rs. -0.11 | Rs. -0.26 | -136.36 % | -18.18 % |
Today, we’re looking at Agio Paper & Industries Limited’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 60 % quarter-on-quarter, aligning with the annual rise of 33.33 %. Operating profit, while down -33.33 % compared to last year, faced a quarter-on-quarter dip of -300 %, signaling a short-term contraction in margins.
but a shrinkage of -44.44 % sequentially. Other income fell by -50 % compared to the last quarter, despite an annual decline of -93.33 %. Interest expenses surged remarkably by 4.17 % from the previous quarter, yet the year-over-year increase remains at a moderate 13.64 %. 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 -20 % but saw a reduction from the preceding quarter by -133.33 %.
Net profit fell by -22.86 % year-on-year but witnessed a -138.89 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -18.18 % but a quarterly fall of -136.36 %. In summary, Agio Paper & Industries 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 Cr | Rs. 0.18 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.12 Cr | Rs. 0.1 Cr | Rs. 0.16 Cr | + 60 % | + 33.33 % |
| Operating Profit | Rs. -0.12 Cr | Rs. 0.08 Cr | Rs. -0.16 Cr | -300 % | -33.33 % |
| Net Profit | Rs. -0.35 Cr | Rs. -0.18 Cr | Rs. -0.43 Cr | -138.89 % | -22.86 % |
| EPS in Rs | Rs. -0.22 | Rs. -0.11 | Rs. -0.26 | -136.36 % | -18.18 % |
In reviewing Agio Paper & Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 33.33 % compared to the previous year, with a 60 % increase quarter-on-quarter. Operating Profit dropped by -33.33 % annually, and saw a -300 % decrease from the last quarter.
Net Profit showed yearly decrease of -22.86 %, and experienced a -138.89 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -18.18 % annually, however dipped by -136.36 % compared to the last quarter. In essence, while Agio Paper & Industries Limited 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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