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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.
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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