Share the post "Chandrima Mercantiles Reports Q1: Revenue Up by 53.1% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 53.1 % in the past year, decrease in net sales/revenue by -40.77 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Chandrima Mercantiles limited . Profit dropped by -21500 % Year to Year, Chandrima Mercantiles limited ‘s profitability dropped by -72.81 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -3,000.00 % Year to Year. EPS decreased by -72.85 % 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. 4.079 Cr | Rs. 10.543 Cr | Rs. 6.245 Cr | -40.77 % | + 53.1 % |
| Expenses | Rs. 4.08 Cr | Rs. 8.81 Cr | Rs. 5.38 Cr | -38.93 % | + 31.86 % |
| Operating Profit | Rs. -0 Cr | Rs. 1.73 Cr | Rs. 0.87 Cr | -49.71 % | 0 % |
| OPM % | -0 % | 16.41 % | 13.93 % | -2.48 % | + 13.93 % |
| Other Income | Rs. 0 Cr | Rs. 0.623 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. 2.35 Cr | Rs. 0.87 Cr | -62.98 % | 0 % |
| Tax % | -0 % | 0 % | 26.07 % | + 26.07 % | + 26.07 % |
| Net Profit | Rs. -0 Cr | Rs. 2.36 Cr | Rs. 0.64 Cr | -72.88 % | 0 % |
| EPS in Rs | Rs. -0.1 | Rs. 10.68 | Rs. 2.9 | -72.85 % | + 3000 % |
Today, we’re looking at Chandrima Mercantiles limited ‘s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 53.1 %. However, it did see a marginal slip of -40.77 % from the previous quarter. Expenses decreased slightly by -38.93 % quarter-on-quarter, aligning with the annual rise of 31.86 %. faced a quarter-on-quarter dip of -49.71 %, 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 13.93 %, but a shrinkage of -2.48 % sequentially. but saw a reduction from the preceding quarter by -62.98 %.
Tax expenses as a percentage of profits increased slightly by 26.07 % compared to last year, with a more notable quarter-on-quarter increase of 26.07 %. but witnessed a -72.88 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 3000 % but a quarterly fall of -72.85 %. In summary, Chandrima Mercantiles 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. 4.079 Cr | Rs. 10.543 Cr | Rs. 6.245 Cr | -40.77 % | + 53.1 % |
| Expenses | Rs. 4.08 Cr | Rs. 8.81 Cr | Rs. 5.38 Cr | -38.93 % | + 31.86 % |
| Operating Profit | Rs. -0 Cr | Rs. 1.73 Cr | Rs. 0.87 Cr | -49.71 % | 0 % |
| Net Profit | Rs. -0 Cr | Rs. 2.36 Cr | Rs. 0.64 Cr | -72.88 % | 0 % |
| EPS in Rs | Rs. -0.1 | Rs. 10.68 | Rs. 2.9 | -72.85 % | + 3000 % |
In reviewing Chandrima Mercantiles limited ‘s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 53.1 % year-on-year growth, although there was a slight dip of -40.77 % from the previous quarter. Expenses rose by 31.86 % compared to the previous year, with a decrease of -38.93 % quarter-on-quarter. and saw a -49.71 % decrease from the last quarter.
and experienced a -72.88 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 3000 % annually, however dipped by -72.85 % compared to the last quarter. In essence, while Chandrima Mercantiles limited 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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