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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Significant improvement in profitability for Alstone Textiles (India) Limited. Notable increase of 262.5 % in net profit Year to Year, Alstone Textiles (India) Limited’s profitability increased by 188.69 % in this quarter.
- EPS over the Year and quarter: EPS increased by 100.00 % Year to Year. EPS increased by 100 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4.851 Cr | Rs. 0 Cr | Rs. 2.788 Cr | 0 % | -42.53 % |
| Expenses | Rs. 4.15 Cr | Rs. 0.07 Cr | Rs. 0.24 Cr | + 242.86 % | -94.22 % |
| Operating Profit | Rs. 0.7 Cr | Rs. -0.07 Cr | Rs. 2.55 Cr | + 3742.86 % | + 264.29 % |
| OPM % | 14.43 % | 0 % | 91.46 % | + 91.46 % | + 77.03 % |
| Other Income | Rs. 0 Cr | Rs. 0.956 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.7 Cr | Rs. 0.89 Cr | Rs. 2.55 Cr | + 186.52 % | + 264.29 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 0.7 Cr | Rs. 0.88 Cr | Rs. 2.55 Cr | + 189.77 % | + 264.29 % |
| EPS in Rs | Rs. 0.01 | Rs. 0.01 | Rs. 0.02 | + 100 % | + 100 % |
Today, we’re looking at Alstone Textiles (India) Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -42.53 %. Expenses ticked up slightly by 242.86 % quarter-on-quarter, aligning with the annual decline of -94.22 %. Operating profit, while up 264.29 % compared to last year, faced a quarter-on-quarter increase of 3742.86 %, 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 77.03 %, but an expansion of 91.46 % sequentially. Profit before tax grew annually by 264.29 % but saw an increase from the preceding quarter by 186.52 %.
Net profit rose by 264.29 % year-on-year but experienced a 189.77 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 100 % but a quarterly rise of 100 %. In summary, Alstone Textiles (India) 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. 4.851 Cr | Rs. 0 Cr | Rs. 2.788 Cr | 0 % | -42.53 % |
| Expenses | Rs. 4.15 Cr | Rs. 0.07 Cr | Rs. 0.24 Cr | + 242.86 % | -94.22 % |
| Operating Profit | Rs. 0.7 Cr | Rs. -0.07 Cr | Rs. 2.55 Cr | + 3742.86 % | + 264.29 % |
| Net Profit | Rs. 0.7 Cr | Rs. 0.88 Cr | Rs. 2.55 Cr | + 189.77 % | + 264.29 % |
| EPS in Rs | Rs. 0.01 | Rs. 0.01 | Rs. 0.02 | + 100 % | + 100 % |
In reviewing Alstone Textiles (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -42.53 % year-on-year, Expenses decreased by -94.22 % compared to the previous year, with a 242.86 % increase quarter-on-quarter. Operating Profit surged by 264.29 % annually, and saw a 3742.86 % increase from the last quarter.
Net Profit showed yearly increase of 264.29 %, and experienced a 189.77 % increase from the previous quarter. Earnings Per Share (EPS) rose by 100 % annually, however rose by 100 % compared to the last quarter. In essence, while Alstone Textiles (India) Limited exhibits strong annual growth 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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