Share the post "Consecutive Investments & Trading Company ‘s Q1 Update: Profit Grows by 100.01% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 38.19%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Consecutive Investments & Trading Company Limited. Profit dropped by -100.01 % Year to Year, Consecutive Investments & Trading Company Limited’s profitability increased by 185.06 % in this quarter.
- EPS over the Year and quarter: EPS declined by -616.67 % Year to Year. EPS increased by 181.82 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 1748.13 Cr | Rs. 0.05 Cr | Rs. 0.03 Cr | -40 % | -100 % |
Operating Profit | Rs. -1748.13 Cr | Rs. -0.05 Cr | Rs. -0.03 Cr | + 40 % | + 100 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0.199 Cr | Rs. 0.275 Cr | + 38.19 % | 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. -1748.13 Cr | Rs. 0.15 Cr | Rs. 0.25 Cr | + 66.67 % | + 100.01 % |
Tax % | -0 % | 42.76 % | 0 % | -42.76 % | 0 % |
Net Profit | Rs. -1748.13 Cr | Rs. 0.09 Cr | Rs. 0.25 Cr | + 177.78 % | + 100.01 % |
EPS in Rs | Rs. -0.06 | Rs. 0.11 | Rs. 0.31 | + 181.82 % | + 616.67 % |
Today, we’re looking at Consecutive Investments & Trading Company Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -40 % quarter-on-quarter, aligning with the annual decline of -100 %. Operating profit, while up 100 % compared to last year, faced a quarter-on-quarter increase of 40 %, signaling a short-term expansion in margins.
Other income rose by 38.19 % compared to the last quarter, Profit before tax grew annually by 100.01 % but saw an increase from the preceding quarter by 66.67 %.
with a more notable quarter-on-quarter decrease of -42.76 %. Net profit rose by 100.01 % year-on-year but experienced a 177.78 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 616.67 % but a quarterly rise of 181.82 %. In summary, Consecutive Investments & Trading Company 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. 1748.13 Cr | Rs. 0.05 Cr | Rs. 0.03 Cr | -40 % | -100 % |
Operating Profit | Rs. -1748.13 Cr | Rs. -0.05 Cr | Rs. -0.03 Cr | + 40 % | + 100 % |
Net Profit | Rs. -1748.13 Cr | Rs. 0.09 Cr | Rs. 0.25 Cr | + 177.78 % | + 100.01 % |
EPS in Rs | Rs. -0.06 | Rs. 0.11 | Rs. 0.31 | + 181.82 % | + 616.67 % |
In reviewing Consecutive Investments & Trading Company Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -100 % compared to the previous year, with a decrease of -40 % quarter-on-quarter. Operating Profit surged by 100 % annually, and saw a 40 % increase from the last quarter.
Net Profit showed yearly increase of 100.01 %, and experienced a 177.78 % increase from the previous quarter. Earnings Per Share (EPS) rose by 616.67 % annually, however rose by 181.82 % compared to the last quarter. In essence, while Consecutive Investments & Trading Company 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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