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Anka India ‘s Latest Q1 Report: Profit Up by 233.33% Year-on-Year

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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.

The comprehensive analytics outlining the performance and outlook of Anka India Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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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