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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 10.26 % in the past year, decrease in net sales/revenue by -28.59 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.15 %, Marginal decrease of -29.03% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for COSYN Limited. Profit dropped by -103.14 % Year to Year, COSYN Limited’s profitability dropped by -95.6 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -103.27 % Year to Year. EPS decreased by -95.41 % 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. 3.11 Cr | Rs. 4.802 Cr | Rs. 3.429 Cr | -28.59 % | + 10.26 % |
Expenses | Rs. 4.1 Cr | Rs. 3.65 Cr | Rs. 3.21 Cr | -12.05 % | -21.71 % |
Operating Profit | Rs. -0.99 Cr | Rs. 1.15 Cr | Rs. 0.22 Cr | -80.87 % | + 122.22 % |
OPM % | -31.83 % | 23.95 % | 6.42 % | -17.53 % | + 38.25 % |
Other Income | Rs. 0.065 Cr | Rs. 0.031 Cr | Rs. 0.022 Cr | -29.03 % | -66.15 % |
Interest | Rs. 0.02 Cr | Rs. 0.04 Cr | Rs. 0.06 Cr | + 50 % | + 200 % |
Depreciation | Rs. 0.19 Cr | Rs. 0.2 Cr | Rs. 0.13 Cr | -35 % | -31.58 % |
Profit before tax | Rs. -1.14 Cr | Rs. 0.94 Cr | Rs. 0.05 Cr | -94.68 % | + 104.39 % |
Tax % | -0.88 % | 13.7 % | 25 % | + 11.3 % | + 25.88 % |
Net Profit | Rs. -1.15 Cr | Rs. 0.82 Cr | Rs. 0.04 Cr | -95.12 % | + 103.48 % |
EPS in Rs | Rs. -1.53 | Rs. 1.09 | Rs. 0.05 | -95.41 % | + 103.27 % |
Today, we’re looking at COSYN Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.26 %. However, it did see a marginal slip of -28.59 % from the previous quarter. Expenses decreased slightly by -12.05 % quarter-on-quarter, aligning with the annual decline of -21.71 %. Operating profit, while up 122.22 % compared to last year, faced a quarter-on-quarter dip of -80.87 %, 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 38.25 %, but a shrinkage of -17.53 % sequentially. Other income fell by -29.03 % compared to the last quarter, despite an annual decline of -66.15 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year increase remains at a moderate 200 %. Depreciation costs fell by -35 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -31.58 %. Profit before tax grew annually by 104.39 % but saw a reduction from the preceding quarter by -94.68 %.
Tax expenses as a percentage of profits increased slightly by 25.88 % compared to last year, with a more notable quarter-on-quarter increase of 11.3 %. Net profit rose by 103.48 % year-on-year but witnessed a -95.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 103.27 % but a quarterly fall of -95.41 %. In summary, COSYN 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. 3.11 Cr | Rs. 4.802 Cr | Rs. 3.429 Cr | -28.59 % | + 10.26 % |
Expenses | Rs. 4.1 Cr | Rs. 3.65 Cr | Rs. 3.21 Cr | -12.05 % | -21.71 % |
Operating Profit | Rs. -0.99 Cr | Rs. 1.15 Cr | Rs. 0.22 Cr | -80.87 % | + 122.22 % |
Net Profit | Rs. -1.15 Cr | Rs. 0.82 Cr | Rs. 0.04 Cr | -95.12 % | + 103.48 % |
EPS in Rs | Rs. -1.53 | Rs. 1.09 | Rs. 0.05 | -95.41 % | + 103.27 % |
In reviewing COSYN Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.26 % year-on-year growth, although there was a slight dip of -28.59 % from the previous quarter. Expenses decreased by -21.71 % compared to the previous year, with a decrease of -12.05 % quarter-on-quarter. Operating Profit surged by 122.22 % annually, and saw a -80.87 % decrease from the last quarter.
Net Profit showed yearly increase of 103.48 %, and experienced a -95.12 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 103.27 % annually, however dipped by -95.41 % compared to the last quarter. In essence, while COSYN Limited 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.