Share the post "Continental Controls ‘s Latest Q1 Report: Profit Up by 110.34% Year-on-Year"
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 77.14%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Continental Controls Ltd.. Profit dropped by -111.85 % Year to Year, Continental Controls Ltd.’s profitability dropped by -241.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -112.77 % Year to Year. EPS decreased by -115 % 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.04 Cr | Rs. 0.06 Cr | Rs. 0.03 Cr | -50 % | -25 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.06 Cr | Rs. -0.03 Cr | + 50 % | + 25 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0.035 Cr | Rs. 0.062 Cr | + 77.14 % | 0 % |
Interest | Rs. 0.04 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.21 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.29 Cr | Rs. -0.03 Cr | Rs. 0.03 Cr | + 200 % | + 110.34 % |
Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -0.29 Cr | Rs. -0.02 Cr | Rs. 0.03 Cr | + 250 % | + 110.34 % |
EPS in Rs | Rs. -0.47 | Rs. -0.4 | Rs. 0.06 | + 115 % | + 112.77 % |
Today, we’re looking at Continental Controls Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -50 % quarter-on-quarter, aligning with the annual decline of -25 %. Operating profit, while up 25 % compared to last year, faced a quarter-on-quarter increase of 50 %, signaling a short-term expansion in margins.
Other income rose by 77.14 % compared to the last quarter, Profit before tax grew annually by 110.34 % but saw an increase from the preceding quarter by 200 %.
Net profit rose by 110.34 % year-on-year but experienced a 250 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 112.77 % but a quarterly rise of 115 %. In summary, Continental Controls 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.04 Cr | Rs. 0.06 Cr | Rs. 0.03 Cr | -50 % | -25 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.06 Cr | Rs. -0.03 Cr | + 50 % | + 25 % |
Net Profit | Rs. -0.29 Cr | Rs. -0.02 Cr | Rs. 0.03 Cr | + 250 % | + 110.34 % |
EPS in Rs | Rs. -0.47 | Rs. -0.4 | Rs. 0.06 | + 115 % | + 112.77 % |
In reviewing Continental Controls Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -25 % compared to the previous year, with a decrease of -50 % quarter-on-quarter. Operating Profit surged by 25 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly increase of 110.34 %, and experienced a 250 % increase from the previous quarter. Earnings Per Share (EPS) rose by 112.77 % annually, however rose by 115 % compared to the last quarter. In essence, while Continental Controls Ltd. 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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