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Charms Industries announced Financial Results for Q1 2024-2025

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Income over the Year and quarter: Marginal decrease of -80% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Charms Industries Ltd. Profit dropped by -3.13 % Year to Year, Charms Industries Ltd’s profitability increased by 520 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS increased by 700 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Charms Industries Ltd‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0.04 Cr Rs. 0.087 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.07 Cr Rs. 0.1 Cr Rs. 0.03 Cr -70 % -57.14 %
Operating Profit Rs. -0.03 Cr Rs. -0.01 Cr Rs. -0.03 Cr -200 % + 0 %
OPM % -75 % -11.49 % 0 % + 11.49 % + 75 %
Other Income Rs. 0 Cr Rs. 0.005 Cr Rs. 0.001 Cr -80 % 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. -0.03 Cr Rs. -0.01 Cr Rs. -0.03 Cr -200 % + 0 %
Tax % -0 % -16.67 % -0 % + 16.67 % 0 %
Net Profit Rs. -0.03 Cr Rs. -0.01 Cr Rs. -0.03 Cr -200 % + 0 %
EPS in Rs Rs. -0.08 Rs. -0.01 Rs. -0.08 -700 % + 0 %


Today, we’re looking at Charms Industries Ltd’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -70 % quarter-on-quarter, aligning with the annual decline of -57.14 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -200 %, 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 75 %, but an expansion of 11.49 % sequentially. Other income fell by -80 % compared to the last quarter, Profit before tax grew annually by 0 % but saw a reduction from the preceding quarter by -200 %.
with a more notable quarter-on-quarter increase of 16.67 %. Net profit rose by 0 % year-on-year but witnessed a -200 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly fall of -700 %. In summary, Charms 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. 0.04 Cr Rs. 0.087 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.07 Cr Rs. 0.1 Cr Rs. 0.03 Cr -70 % -57.14 %
Operating Profit Rs. -0.03 Cr Rs. -0.01 Cr Rs. -0.03 Cr -200 % + 0 %
Net Profit Rs. -0.03 Cr Rs. -0.01 Cr Rs. -0.03 Cr -200 % + 0 %
EPS in Rs Rs. -0.08 Rs. -0.01 Rs. -0.08 -700 % + 0 %


In reviewing Charms Industries Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -57.14 % compared to the previous year, with a decrease of -70 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -200 % decrease from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -200 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however dipped by -700 % compared to the last quarter. In essence, while Charms Industries 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.

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