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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 -94.82 % over the year, decrease in net sales/revenue by -95.22 %.
- 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 126.21 %. Marginal increase in other income during this quarter, up by 10.7%.
- Profit over the Year and quarter: Significant improvement in profitability for Balgopal Commercial limited. Notable increase of 141.62 % in net profit Year to Year, Balgopal Commercial limited’s profitability increased by 3.61 % in this quarter.
- EPS over the Year and quarter: EPS increased by 142.27 % Year to Year. EPS increased by 3.52 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1.004 Cr | Rs. 1.087 Cr | Rs. 0.052 Cr | -95.22 % | -94.82 % |
Expenses | Rs. 0.98 Cr | Rs. 1.39 Cr | Rs. 0.22 Cr | -84.17 % | -77.55 % |
Operating Profit | Rs. 0.02 Cr | Rs. -0.3 Cr | Rs. -0.17 Cr | + 43.33 % | -950 % |
OPM % | 1.99 % | -27.6 % | -326.92 % | -299.32 % | -328.91 % |
Other Income | Rs. 2.072 Cr | Rs. 4.234 Cr | Rs. 4.687 Cr | + 10.7 % | + 126.21 % |
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. 2.09 Cr | Rs. 3.93 Cr | Rs. 4.52 Cr | + 15.01 % | + 116.27 % |
Tax % | 23.43 % | 4.83 % | 14.2 % | + 9.37 % | -9.23 % |
Net Profit | Rs. 1.61 Cr | Rs. 3.74 Cr | Rs. 3.88 Cr | + 3.74 % | + 140.99 % |
EPS in Rs | Rs. 0.97 | Rs. 2.27 | Rs. 2.35 | + 3.52 % | + 142.27 % |
Today, we’re looking at Balgopal Commercial limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -94.82 %. However, it did see a marginal slip of -95.22 % from the previous quarter. Expenses decreased slightly by -84.17 % quarter-on-quarter, aligning with the annual decline of -77.55 %. Operating profit, while down -950 % compared to last year, faced a quarter-on-quarter increase of 43.33 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -328.91 %, but a shrinkage of -299.32 % sequentially. Other income rose by 10.7 % compared to the last quarter, despite an annual growth of 126.21 %. Profit before tax grew annually by 116.27 % but saw an increase from the preceding quarter by 15.01 %.
Tax expenses as a percentage of profits decreased slightly by -9.23 % compared to last year, with a more notable quarter-on-quarter increase of 9.37 %. Net profit rose by 140.99 % year-on-year but experienced a 3.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 142.27 % but a quarterly rise of 3.52 %. In summary, Balgopal Commercial limited’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. 1.004 Cr | Rs. 1.087 Cr | Rs. 0.052 Cr | -95.22 % | -94.82 % |
Expenses | Rs. 0.98 Cr | Rs. 1.39 Cr | Rs. 0.22 Cr | -84.17 % | -77.55 % |
Operating Profit | Rs. 0.02 Cr | Rs. -0.3 Cr | Rs. -0.17 Cr | + 43.33 % | -950 % |
Net Profit | Rs. 1.61 Cr | Rs. 3.74 Cr | Rs. 3.88 Cr | + 3.74 % | + 140.99 % |
EPS in Rs | Rs. 0.97 | Rs. 2.27 | Rs. 2.35 | + 3.52 % | + 142.27 % |
In reviewing Balgopal Commercial limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -94.82 % year-on-year, although there was a slight dip of -95.22 % from the previous quarter. Expenses decreased by -77.55 % compared to the previous year, with a decrease of -84.17 % quarter-on-quarter. Operating Profit dropped by -950 % annually, and saw a 43.33 % increase from the last quarter.
Net Profit showed yearly increase of 140.99 %, and experienced a 3.74 % increase from the previous quarter. Earnings Per Share (EPS) rose by 142.27 % annually, however rose by 3.52 % compared to the last quarter. In essence, while Balgopal Commercial limited 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.