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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for Binani Industries Limited. Profit dropped by -1558.93 % Year to Year, Binani Industries Limited’s profitability dropped by -558.99 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -1,544.44 % Year to Year. EPS decreased by -556.14 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.57 Cr | Rs. 2.06 Cr | Rs. 0.53 Cr | -74.27 % | -7.02 % |
Operating Profit | Rs. -0.57 Cr | Rs. -2.06 Cr | Rs. -0.53 Cr | + 74.27 % | + 7.02 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.01 Cr | Rs. 0.28 Cr | Rs. 8.7 Cr | + 3007.14 % | + 86900 % |
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. -0.56 Cr | Rs. -1.78 Cr | Rs. 8.17 Cr | + 558.99 % | + 1558.93 % |
Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -0.56 Cr | Rs. -1.78 Cr | Rs. 8.17 Cr | + 558.99 % | + 1558.93 % |
EPS in Rs | Rs. -0.18 | Rs. -0.57 | Rs. 2.6 | + 556.14 % | + 1544.44 % |
Today, we’re looking at Binani Industries Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -74.27 % quarter-on-quarter, aligning with the annual decline of -7.02 %. Operating profit, while up 7.02 % compared to last year, faced a quarter-on-quarter increase of 74.27 %, signaling a short-term expansion in margins.
Other income rose by 3007.14 % compared to the last quarter, despite an annual growth of 86900 %. Profit before tax grew annually by 1558.93 % but saw an increase from the preceding quarter by 558.99 %.
Net profit rose by 1558.93 % year-on-year but experienced a 558.99 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1544.44 % but a quarterly rise of 556.14 %. In summary, Binani Industries 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.57 Cr | Rs. 2.06 Cr | Rs. 0.53 Cr | -74.27 % | -7.02 % |
Operating Profit | Rs. -0.57 Cr | Rs. -2.06 Cr | Rs. -0.53 Cr | + 74.27 % | + 7.02 % |
Net Profit | Rs. -0.56 Cr | Rs. -1.78 Cr | Rs. 8.17 Cr | + 558.99 % | + 1558.93 % |
EPS in Rs | Rs. -0.18 | Rs. -0.57 | Rs. 2.6 | + 556.14 % | + 1544.44 % |
In reviewing Binani Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -7.02 % compared to the previous year, with a decrease of -74.27 % quarter-on-quarter. Operating Profit surged by 7.02 % annually, and saw a 74.27 % increase from the last quarter.
Net Profit showed yearly increase of 1558.93 %, and experienced a 558.99 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1544.44 % annually, however rose by 556.14 % compared to the last quarter. In essence, while Binani Industries 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.