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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -87.55 % over the year, decrease in net sales/revenue by -38.7 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Crane Infrastructure Limited. Profit dropped by -78.9 % Year to Year, Crane Infrastructure Limited’s profitability dropped by -47.48 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -79.31 % Year to Year. EPS decreased by -48.94 % 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. 2.507 Cr | Rs. 0.509 Cr | Rs. 0.312 Cr | -38.7 % | -87.55 % |
Expenses | Rs. 1.36 Cr | Rs. 0.07 Cr | Rs. 0.06 Cr | -14.29 % | -95.59 % |
Operating Profit | Rs. 1.15 Cr | Rs. 0.44 Cr | Rs. 0.25 Cr | -43.18 % | -78.26 % |
OPM % | 45.87 % | 86.44 % | 80.13 % | -6.31 % | + 34.26 % |
Other Income | Rs. 0.01 Cr | Rs. 0.002 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 1.13 Cr | Rs. 0.41 Cr | Rs. 0.22 Cr | -46.34 % | -80.53 % |
Tax % | 25.22 % | 17.76 % | 18.06 % | + 0.3 % | -7.16 % |
Net Profit | Rs. 0.84 Cr | Rs. 0.34 Cr | Rs. 0.18 Cr | -47.06 % | -78.57 % |
EPS in Rs | Rs. 1.16 | Rs. 0.47 | Rs. 0.24 | -48.94 % | -79.31 % |
Today, we’re looking at Crane Infrastructure Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -87.55 %. However, it did see a marginal slip of -38.7 % from the previous quarter. Expenses decreased slightly by -14.29 % quarter-on-quarter, aligning with the annual decline of -95.59 %. Operating profit, while down -78.26 % compared to last year, faced a quarter-on-quarter dip of -43.18 %, 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 34.26 %, but a shrinkage of -6.31 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -80.53 % but saw a reduction from the preceding quarter by -46.34 %.
Tax expenses as a percentage of profits decreased slightly by -7.16 % compared to last year, with a more notable quarter-on-quarter increase of 0.3 %. Net profit fell by -78.57 % year-on-year but witnessed a -47.06 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -79.31 % but a quarterly fall of -48.94 %. In summary, Crane Infrastructure 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. 2.507 Cr | Rs. 0.509 Cr | Rs. 0.312 Cr | -38.7 % | -87.55 % |
Expenses | Rs. 1.36 Cr | Rs. 0.07 Cr | Rs. 0.06 Cr | -14.29 % | -95.59 % |
Operating Profit | Rs. 1.15 Cr | Rs. 0.44 Cr | Rs. 0.25 Cr | -43.18 % | -78.26 % |
Net Profit | Rs. 0.84 Cr | Rs. 0.34 Cr | Rs. 0.18 Cr | -47.06 % | -78.57 % |
EPS in Rs | Rs. 1.16 | Rs. 0.47 | Rs. 0.24 | -48.94 % | -79.31 % |
In reviewing Crane Infrastructure Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -87.55 % year-on-year, although there was a slight dip of -38.7 % from the previous quarter. Expenses decreased by -95.59 % compared to the previous year, with a decrease of -14.29 % quarter-on-quarter. Operating Profit dropped by -78.26 % annually, and saw a -43.18 % decrease from the last quarter.
Net Profit showed yearly decrease of -78.57 %, and experienced a -47.06 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -79.31 % annually, however dipped by -48.94 % compared to the last quarter. In essence, while Crane Infrastructure Limited faces strong annual decline 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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