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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 32.4 % in the past year, decrease in net sales/revenue by -9.2 %.
- 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 0 %. Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Significant improvement in profitability for Ashiana Agro Industries Ltd. Notable increase of 200 % in net profit Year to Year, Ashiana Agro Industries Ltd’s profitability increased by 6.25 % in this quarter.
- EPS over the Year and quarter: EPS increased by 175.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.179 Cr | Rs. 0.261 Cr | Rs. 0.237 Cr | -9.2 % | + 32.4 % |
Expenses | Rs. 0.21 Cr | Rs. 0.26 Cr | Rs. 0.23 Cr | -11.54 % | + 9.52 % |
Operating Profit | Rs. -0.03 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | + 133.33 % |
OPM % | -16.76 % | 0 % | 4.22 % | + 4.22 % | + 20.98 % |
Other Income | Rs. 0.05 Cr | Rs. 0.05 Cr | Rs. 0.05 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. 0.02 Cr | Rs. 0.05 Cr | Rs. 0.06 Cr | + 20 % | + 200 % |
Tax % | 0 % | 0 % | 8.93 % | + 8.93 % | + 8.93 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | + 150 % |
EPS in Rs | Rs. 0.04 | Rs. 0.11 | Rs. 0.11 | + 0 % | + 175 % |
Today, we’re looking at Ashiana Agro Industries Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 32.4 %. However, it did see a marginal slip of -9.2 % from the previous quarter. Expenses decreased slightly by -11.54 % quarter-on-quarter, aligning with the annual rise of 9.52 %. Operating profit, while up 133.33 % compared to last year,
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 20.98 %, but an expansion of 4.22 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual growth of 0 %. Profit before tax grew annually by 200 % but saw an increase from the preceding quarter by 20 %.
Tax expenses as a percentage of profits increased slightly by 8.93 % compared to last year, with a more notable quarter-on-quarter increase of 8.93 %. Net profit rose by 150 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 175 % but a quarterly rise of 0 %. In summary, Ashiana Agro Industries 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. 0.179 Cr | Rs. 0.261 Cr | Rs. 0.237 Cr | -9.2 % | + 32.4 % |
Expenses | Rs. 0.21 Cr | Rs. 0.26 Cr | Rs. 0.23 Cr | -11.54 % | + 9.52 % |
Operating Profit | Rs. -0.03 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | + 133.33 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | + 150 % |
EPS in Rs | Rs. 0.04 | Rs. 0.11 | Rs. 0.11 | + 0 % | + 175 % |
In reviewing Ashiana Agro Industries Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 32.4 % year-on-year growth, although there was a slight dip of -9.2 % from the previous quarter. Expenses rose by 9.52 % compared to the previous year, with a decrease of -11.54 % quarter-on-quarter. Operating Profit surged by 133.33 % annually,
Net Profit showed yearly increase of 150 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) rose by 175 % annually, however rose by 0 % compared to the last quarter. In essence, while Ashiana Agro Industries Ltd 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.