Share the post "DANUBE INDUSTRIES ‘s Q1 Update: Profit Falls by 42.11% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 20.89 % in the past year, decrease in net sales/revenue by -38.24 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -96 %, Marginal decrease of -88.89% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for DANUBE INDUSTRIES LIMITED. Profit dropped by -41.22 % Year to Year, DANUBE INDUSTRIES LIMITED’s profitability dropped by -163.87 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -93.65 % Year to Year. EPS decreased by -166.67 % 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. 16.139 Cr | Rs. 31.593 Cr | Rs. 19.511 Cr | -38.24 % | + 20.89 % |
| Expenses | Rs. 15.33 Cr | Rs. 31.5 Cr | Rs. 18.94 Cr | -39.87 % | + 23.55 % |
| Operating Profit | Rs. 0.81 Cr | Rs. 0.09 Cr | Rs. 0.57 Cr | + 533.33 % | -29.63 % |
| OPM % | 5.02 % | 0.28 % | 2.92 % | + 2.64 % | -2.1 % |
| Other Income | Rs. 0.025 Cr | Rs. 0.009 Cr | Rs. 0.001 Cr | -88.89 % | -96 % |
| Interest | Rs. 0.31 Cr | Rs. 0.55 Cr | Rs. 0.26 Cr | -52.73 % | -16.13 % |
| Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0.51 Cr | Rs. -0.47 Cr | Rs. 0.29 Cr | + 161.7 % | -43.14 % |
| Tax % | 25.98 % | -25.7 % | 26.17 % | + 51.87 % | + 0.19 % |
| Net Profit | Rs. 0.38 Cr | Rs. -0.35 Cr | Rs. 0.22 Cr | + 162.86 % | -42.11 % |
| EPS in Rs | Rs. 0.63 | Rs. -0.06 | Rs. 0.04 | + 166.67 % | -93.65 % |
Today, we’re looking at DANUBE INDUSTRIES 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 20.89 %. However, it did see a marginal slip of -38.24 % from the previous quarter. Expenses decreased slightly by -39.87 % quarter-on-quarter, aligning with the annual rise of 23.55 %. Operating profit, while down -29.63 % compared to last year, faced a quarter-on-quarter increase of 533.33 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.1 %, but an expansion of 2.64 % sequentially. Other income fell by -88.89 % compared to the last quarter, despite an annual decline of -96 %. Interest expenses dropped significantly by -52.73 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.13 %. 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 -43.14 % but saw an increase from the preceding quarter by 161.7 %.
Tax expenses as a percentage of profits increased slightly by 0.19 % compared to last year, with a more notable quarter-on-quarter increase of 51.87 %. Net profit fell by -42.11 % year-on-year but experienced a 162.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -93.65 % but a quarterly rise of 166.67 %. In summary, DANUBE INDUSTRIES 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. 16.139 Cr | Rs. 31.593 Cr | Rs. 19.511 Cr | -38.24 % | + 20.89 % |
| Expenses | Rs. 15.33 Cr | Rs. 31.5 Cr | Rs. 18.94 Cr | -39.87 % | + 23.55 % |
| Operating Profit | Rs. 0.81 Cr | Rs. 0.09 Cr | Rs. 0.57 Cr | + 533.33 % | -29.63 % |
| Net Profit | Rs. 0.38 Cr | Rs. -0.35 Cr | Rs. 0.22 Cr | + 162.86 % | -42.11 % |
| EPS in Rs | Rs. 0.63 | Rs. -0.06 | Rs. 0.04 | + 166.67 % | -93.65 % |
In reviewing DANUBE INDUSTRIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.89 % year-on-year growth, although there was a slight dip of -38.24 % from the previous quarter. Expenses rose by 23.55 % compared to the previous year, with a decrease of -39.87 % quarter-on-quarter. Operating Profit dropped by -29.63 % annually, and saw a 533.33 % increase from the last quarter.
Net Profit showed yearly decrease of -42.11 %, and experienced a 162.86 % increase from the previous quarter. Earnings Per Share (EPS) fell by -93.65 % annually, however rose by 166.67 % compared to the last quarter. In essence, while DANUBE INDUSTRIES LIMITED faces strong annual decline 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.
[my_shortcode1]
![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/LIBORD.png)
