Share the post "Anka India ‘s Latest Q1 Report: Profit Up by 233.33% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: Marginal decrease of -0.7% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Anka India Ltd.. Profit dropped by -240.68 % Year to Year, Anka India Ltd.’s profitability dropped by -13.54 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -214.29 % Year to Year. EPS decreased by -27.27 % 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. 0.06 Cr | Rs. 0.04 Cr | Rs. 0.06 Cr | + 50 % | + 0 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.04 Cr | Rs. -0.06 Cr | -50 % | + 0 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0.143 Cr | Rs. 0.142 Cr | -0.7 % | 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. -0.06 Cr | Rs. 0.1 Cr | Rs. 0.08 Cr | -20 % | + 233.33 % |
Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -0.06 Cr | Rs. 0.1 Cr | Rs. 0.08 Cr | -20 % | + 233.33 % |
EPS in Rs | Rs. -0.03 | Rs. 0.04 | Rs. 0.04 | + 0 % | + 233.33 % |
Today, we’re looking at Anka India Ltd.’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 50 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -50 %, signaling a short-term contraction in margins.
Other income fell by -0.7 % compared to the last quarter, Profit before tax grew annually by 233.33 % but saw a reduction from the preceding quarter by -20 %.
Net profit rose by 233.33 % year-on-year but witnessed a -20 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 233.33 % but a quarterly rise of 0 %. In summary, Anka India 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. 0.06 Cr | Rs. 0.04 Cr | Rs. 0.06 Cr | + 50 % | + 0 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.04 Cr | Rs. -0.06 Cr | -50 % | + 0 % |
Net Profit | Rs. -0.06 Cr | Rs. 0.1 Cr | Rs. 0.08 Cr | -20 % | + 233.33 % |
EPS in Rs | Rs. -0.03 | Rs. 0.04 | Rs. 0.04 | + 0 % | + 233.33 % |
In reviewing Anka India Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a 50 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -50 % decrease from the last quarter.
Net Profit showed yearly increase of 233.33 %, and experienced a -20 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 233.33 % annually, however rose by 0 % compared to the last quarter. In essence, while Anka India 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.
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