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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.00% in the past year Substantial increase in net sales/revenue by 0.00%.
- 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: Challenges in sustaining profitability for Bengal Steel Industries Ltd.,. Profit dropped by -90.79% Year to YearBengal Steel Industries Ltd.,’s profitability dropped by -41.67% Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -91.49% Year to Year.EPS decreased by -42.86%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.12 Cr | Rs. 0.12 Cr | Rs. 0.12 Cr | + 0% | + 0% |
Expenses | Rs. 0.09 Cr | Rs. 0.07 Cr | Rs. 0.09 Cr | + 28.57% | + 0% |
Operating Profit | Rs. 0.03 Cr | Rs. 0.05 Cr | Rs. 0.03 Cr | -40% | + 0% |
OPM % | 25 % | 41.67 % | 25 % | -16.67% | + 0% |
Other Income | Rs. 0.24 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. 0.27 Cr | Rs. 0.05 Cr | Rs. 0.03 Cr | -40% | -88.89% |
Tax % | 13.31 % | 16.28 % | 16.67 % | + 0.39% | + 3.36% |
Net Profit | Rs. 0.23 Cr | Rs. 0.04 Cr | Rs. 0.02 Cr | -50% | -91.3% |
EPS in Rs | Rs. 0.47 | Rs. 0.07 | Rs. 0.04 | -42.86% | -91.49% |
Today, we’re looking at Bengal Steel 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 0%. However, it did see a marginal increase of 0% from the previous quarter.Expenses ticked up slightly by 28.57% 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 -40%, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0%, but a shrinkage of -16.67% sequentially. Profit before tax declined annually by -88.89%but saw a reduction from the preceding quarter by -40%.
Tax expenses as a percentage of profits increased slightly by 3.36% compared to last year, with a more notable quarter-on-quarter increase of 0.39%. Net profit fell by -91.3% year-on-yearbut witnessed a -50% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -91.49% but a quarterly fall of -42.86%. In summary, Bengal Steel 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. 0.12 Cr | Rs. 0.12 Cr | Rs. 0.12 Cr | + 0% | + 0% |
Expenses | Rs. 0.09 Cr | Rs. 0.07 Cr | Rs. 0.09 Cr | + 28.57% | + 0% |
Operating Profit | Rs. 0.03 Cr | Rs. 0.05 Cr | Rs. 0.03 Cr | -40% | + 0% |
Net Profit | Rs. 0.23 Cr | Rs. 0.04 Cr | Rs. 0.02 Cr | -50% | -91.3% |
EPS in Rs | Rs. 0.47 | Rs. 0.07 | Rs. 0.04 | -42.86% | -91.49% |
In reviewing Bengal Steel Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 0% from the previous quarter. Expenses rose by 0% compared to the previous year, with a 28.57% increase quarter-on-quarter. Operating Profit surged by 0% annually, and saw a -40% decrease from the last quarter.
Net Profit showed yearly decrease of -91.3%, and experienced a -50% decrease from the previous quarter.Earnings Per Share (EPS) fell by -91.49% annually, however dipped by -42.86% compared to the last quarter. In essence, while Bengal Steel Industries 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.