Latest Quarterly Result Classic Filaments Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) :

Classic Filaments Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) :

May 8, 2024May 8, 2024| adminadmin| 0 Comments| 4:45 pm
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Highlights

  • Sales over the Year and quarter:
  • Income over the Year and quarter:
  • Profit over the Year and quarter: Challenges in sustaining profitability for Classic Filaments Limited. Profit dropped by -47.62 % Year to Year, Classic Filaments Limited’s profitability dropped by -31.25 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -66.67 % Year to Year. EPS decreased by -50 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Classic Filaments Limited”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. Cr Rs. Cr Rs. Cr 0 % %
Expenses Rs. 0.02 Cr Rs. 0.02 Cr Rs. 0.01 Cr -50 % -50 %
Operating Profit Rs. -0.02 Cr Rs. -0.02 Cr Rs. -0.01 Cr + 50 % + 50 %
OPM % % % % 0 % 0 %
Other Income Rs. 0 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. -0.02 Cr Rs. -0.02 Cr Rs. -0.01 Cr + 50 % + 50 %
Tax % -0 % -0 % -0 % 0 % 0 %
Net Profit Rs. -0.02 Cr Rs. -0.02 Cr Rs. -0.01 Cr + 50 % + 50 %
EPS in Rs Rs. -0.03 Rs. -0.02 Rs. -0.01 + 50 % + 66.67 %


Today, we’re looking at Classic Filaments Limited’s financial performance for the Q4(Mar 2024).Expenses decreased slightly by -50 % quarter-on-quarter, aligning with the annual decline of -50 %. Operating profit, while up 50 % compared to last year, faced a quarter-on-quarter increase of 50 %, signaling a short-term expansion in margins.
Profit before tax grew annually by 50 % but saw an increase from the preceding quarter by 50 %.
Net profit rose by 50 % year-on-year but experienced a 50 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 66.67 % but a quarterly rise of 50 %. In summary, Classic Filaments 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. Cr Rs. Cr Rs. Cr 0 % %
Expenses Rs. 0.02 Cr Rs. 0.02 Cr Rs. 0.01 Cr -50 % -50 %
Operating Profit Rs. -0.02 Cr Rs. -0.02 Cr Rs. -0.01 Cr + 50 % + 50 %
Net Profit Rs. -0.02 Cr Rs. -0.02 Cr Rs. -0.01 Cr + 50 % + 50 %
EPS in Rs Rs. -0.03 Rs. -0.02 Rs. -0.01 + 50 % + 66.67 %


In reviewing Classic Filaments Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -50 % compared to the previous year, with a decrease of -50 % quarter-on-quarter. Operating Profit surged by 50 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly increase of 50 %, and experienced a 50 % increase from the previous quarter. Earnings Per Share (EPS) rose by 66.67 % annually, however rose by 50 % compared to the last quarter. In essence, while Classic Filaments 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.

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