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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -42.61 % over the year, decrease in net sales/revenue by -40.84 %.
- Profit over the Year and quarter: Significant improvement in profitability for Ashoka Refineries Ltd.. Notable increase of 900 % in net profit Year to Year, Ashoka Refineries Ltd.’s profitability dropped by -217.65 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -107.79 % 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. 0.467 Cr | Rs. 0.453 Cr | Rs. 0.268 Cr | -40.84 % | -42.61 % |
Expenses | Rs. 0.47 Cr | Rs. 0.43 Cr | Rs. 0.29 Cr | -32.56 % | -38.3 % |
Operating Profit | Rs. -0 Cr | Rs. 0.02 Cr | Rs. -0.02 Cr | -200 % | 0 % |
OPM % | -0 % | 4.42 % | -7.46 % | -11.88 % | -7.46 % |
Other Income | Rs. 0 Cr | Rs. 0 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 Cr | Rs. 0.02 Cr | Rs. -0.02 Cr | -200 % | 0 % |
Tax % | -0 % | 26.09 % | -0 % | -26.09 % | 0 % |
Net Profit | Rs. -0 Cr | Rs. 0.02 Cr | Rs. -0.02 Cr | -200 % | 0 % |
EPS in Rs | Rs. 0 | Rs. 0.77 | Rs. -0.06 | -107.79 % | 0 % |
Today, we’re looking at Ashoka Refineries Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -42.61 %. However, it did see a marginal slip of -40.84 % from the previous quarter. Expenses decreased slightly by -32.56 % quarter-on-quarter, aligning with the annual decline of -38.3 %. faced a quarter-on-quarter dip of -200 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7.46 %, but a shrinkage of -11.88 % sequentially. but saw a reduction from the preceding quarter by -200 %.
with a more notable quarter-on-quarter decrease of -26.09 %. but witnessed a -200 % contraction from the last quarter. but a quarterly fall of -107.79 %. In summary, Ashoka Refineries 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. 0.467 Cr | Rs. 0.453 Cr | Rs. 0.268 Cr | -40.84 % | -42.61 % |
Expenses | Rs. 0.47 Cr | Rs. 0.43 Cr | Rs. 0.29 Cr | -32.56 % | -38.3 % |
Operating Profit | Rs. -0 Cr | Rs. 0.02 Cr | Rs. -0.02 Cr | -200 % | 0 % |
Net Profit | Rs. -0 Cr | Rs. 0.02 Cr | Rs. -0.02 Cr | -200 % | 0 % |
EPS in Rs | Rs. 0 | Rs. 0.77 | Rs. -0.06 | -107.79 % | 0 % |
In reviewing Ashoka Refineries Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -42.61 % year-on-year, although there was a slight dip of -40.84 % from the previous quarter. Expenses decreased by -38.3 % compared to the previous year, with a decrease of -32.56 % quarter-on-quarter. and saw a -200 % decrease from the last quarter.
and experienced a -200 % decrease from the previous quarter. however dipped by -107.79 % compared to the last quarter. In essence, while Ashoka Refineries 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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