Share the post "Ahmedabad Steelcraft announced Financial Results Q1 2024-25"
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 either a marginal increase or a decline in other income over the past year which is 136.99 %. Marginal decrease of -79.54% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ahmedabad Steelcraft Ltd.. Profit dropped by -98.01 % Year to Year, Ahmedabad Steelcraft Ltd.’s profitability dropped by -99.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -97.30 % Year to Year. EPS decreased by -99.67 % 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. 0.456 Cr | Rs. 0.023 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.71 Cr | Rs. 3.28 Cr | Rs. 0.35 Cr | -89.33 % | -50.7 % |
| Operating Profit | Rs. -0.25 Cr | Rs. -3.26 Cr | Rs. -0.35 Cr | + 89.26 % | -40 % |
| OPM % | -54.82 % | -14173.91 % | 0 % | + 14173.91 % | + 54.82 % |
| Other Income | Rs. 0.146 Cr | Rs. 1.691 Cr | Rs. 0.346 Cr | -79.54 % | + 136.99 % |
| Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.04 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.14 Cr | Rs. -1.58 Cr | Rs. -0 Cr | 0 % | 0 % |
| Tax % | -4.9 % | -20.85 % | -0 % | + 20.85 % | + 4.9 % |
| Net Profit | Rs. -0.15 Cr | Rs. -1.25 Cr | Rs. -0 Cr | 0 % | 0 % |
| EPS in Rs | Rs. -0.37 | Rs. -3.04 | Rs. -0.01 | + 99.67 % | + 97.3 % |
Today, we’re looking at Ahmedabad Steelcraft Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -89.33 % quarter-on-quarter, aligning with the annual decline of -50.7 %. Operating profit, while down -40 % compared to last year, faced a quarter-on-quarter increase of 89.26 %, 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 54.82 %, but an expansion of 14173.91 % sequentially. Other income fell by -79.54 % compared to the last quarter, despite an annual growth of 136.99 %.
Tax expenses as a percentage of profits increased slightly by 4.9 % compared to last year, with a more notable quarter-on-quarter increase of 20.85 %. And finally, Earnings Per Share (EPS) displayed an annual uptick of 97.3 % but a quarterly rise of 99.67 %. In summary, Ahmedabad Steelcraft 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. 0.456 Cr | Rs. 0.023 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.71 Cr | Rs. 3.28 Cr | Rs. 0.35 Cr | -89.33 % | -50.7 % |
| Operating Profit | Rs. -0.25 Cr | Rs. -3.26 Cr | Rs. -0.35 Cr | + 89.26 % | -40 % |
| Net Profit | Rs. -0.15 Cr | Rs. -1.25 Cr | Rs. -0 Cr | 0 % | 0 % |
| EPS in Rs | Rs. -0.37 | Rs. -3.04 | Rs. -0.01 | + 99.67 % | + 97.3 % |
In reviewing Ahmedabad Steelcraft Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -50.7 % compared to the previous year, with a decrease of -89.33 % quarter-on-quarter. Operating Profit dropped by -40 % annually, and saw a 89.26 % increase from the last quarter.
Earnings Per Share (EPS) rose by 97.3 % annually, however rose by 99.67 % compared to the last quarter. In essence, while Ahmedabad Steelcraft 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.
[my_shortcode1 values=”Ahmedabad Steelcraft “]
