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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 -43.37 % over the year, decrease in net sales/revenue by -39.74 %.
- 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 4.88 %. Marginal decrease of -64.75% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ashram Online.com Ltd. Notable increase of 8.93 % in net profit Year to Year, Ashram Online.com Ltd’s profitability dropped by -147.66 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -145.45 % 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. 0.083 Cr | Rs. 0.078 Cr | Rs. 0.047 Cr | -39.74 % | -43.37 % |
Expenses | Rs. 0.22 Cr | Rs. 0.18 Cr | Rs. 0.18 Cr | + 0 % | -18.18 % |
Operating Profit | Rs. -0.14 Cr | Rs. -0.1 Cr | Rs. -0.13 Cr | -30 % | + 7.14 % |
OPM % | -168.67 % | -128.21 % | -276.6 % | -148.39 % | -107.93 % |
Other Income | Rs. 0.082 Cr | Rs. 0.244 Cr | Rs. 0.086 Cr | -64.75 % | + 4.88 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.07 Cr | Rs. 0.13 Cr | Rs. -0.04 Cr | -130.77 % | + 42.86 % |
Tax % | -0 % | 5.88 % | -8.93 % | -14.81 % | -8.93 % |
Net Profit | Rs. -0.06 Cr | Rs. 0.13 Cr | Rs. -0.06 Cr | -146.15 % | + 0 % |
EPS in Rs | Rs. -0.05 | Rs. 0.11 | Rs. -0.05 | -145.45 % | + 0 % |
Today, we’re looking at Ashram Online.com 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 -43.37 %. However, it did see a marginal slip of -39.74 % from the previous quarter. Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual decline of -18.18 %. Operating profit, while up 7.14 % compared to last year, faced a quarter-on-quarter dip of -30 %, 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 -107.93 %, but a shrinkage of -148.39 % sequentially. Other income fell by -64.75 % compared to the last quarter, despite an annual growth of 4.88 %. Profit before tax grew annually by 42.86 % but saw a reduction from the preceding quarter by -130.77 %.
Tax expenses as a percentage of profits decreased slightly by -8.93 % compared to last year, with a more notable quarter-on-quarter decrease of -14.81 %. Net profit rose by 0 % year-on-year but witnessed a -146.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly fall of -145.45 %. In summary, Ashram Online.com 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. 0.083 Cr | Rs. 0.078 Cr | Rs. 0.047 Cr | -39.74 % | -43.37 % |
Expenses | Rs. 0.22 Cr | Rs. 0.18 Cr | Rs. 0.18 Cr | + 0 % | -18.18 % |
Operating Profit | Rs. -0.14 Cr | Rs. -0.1 Cr | Rs. -0.13 Cr | -30 % | + 7.14 % |
Net Profit | Rs. -0.06 Cr | Rs. 0.13 Cr | Rs. -0.06 Cr | -146.15 % | + 0 % |
EPS in Rs | Rs. -0.05 | Rs. 0.11 | Rs. -0.05 | -145.45 % | + 0 % |
In reviewing Ashram Online.com Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -43.37 % year-on-year, although there was a slight dip of -39.74 % from the previous quarter. Expenses decreased by -18.18 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 7.14 % annually, and saw a -30 % decrease from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -146.15 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however dipped by -145.45 % compared to the last quarter. In essence, while Ashram Online.com Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.