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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 2351.61 % in the past year, decrease in net sales/revenue by -68.21 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 8385.29 %. Marginal increase in other income during this quarter, up by 319.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Deccan Gold Mines Ltd.. Profit dropped by -341125 % Year to Year, Deccan Gold Mines Ltd.’s profitability dropped by -278.54 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -267.18 % 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. 0.031 Cr | Rs. 2.391 Cr | Rs. 0.76 Cr | -68.21 % | + 2351.61 % |
| Expenses | Rs. 2.38 Cr | Rs. 6.78 Cr | Rs. 68.64 Cr | + 912.39 % | + 2784.03 % |
| Operating Profit | Rs. -2.35 Cr | Rs. -4.39 Cr | Rs. -67.88 Cr | -1446.24 % | -2788.51 % |
| OPM % | -7580.65 % | -183.61 % | -8931.58 % | -8747.97 % | -1350.93 % |
| Other Income | Rs. 0.034 Cr | Rs. 0.688 Cr | Rs. 2.885 Cr | + 319.33 % | + 8385.29 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 2.21 Cr | Rs. 3.12 Cr | Rs. 3.2 Cr | + 2.56 % | + 44.8 % |
| Profit before tax | Rs. -4.53 Cr | Rs. -6.82 Cr | Rs. -68.2 Cr | -900 % | -1405.52 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. 0.02 Cr | Rs. 38.2 Cr | Rs. -68.21 Cr | -278.56 % | -341150 % |
| EPS in Rs | Rs. 0 | Rs. 2.59 | Rs. -4.05 | -256.37 % | 0 % |
Today, we’re looking at Deccan Gold Mines Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 2351.61 %. However, it did see a marginal slip of -68.21 % from the previous quarter. Expenses ticked up slightly by 912.39 % quarter-on-quarter, aligning with the annual rise of 2784.03 %. Operating profit, while down -2788.51 % compared to last year, faced a quarter-on-quarter dip of -1446.24 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1350.93 %, but a shrinkage of -8747.97 % sequentially. Other income rose by 319.33 % compared to the last quarter, despite an annual growth of 8385.29 %. Depreciation costs climbed by 2.56 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 44.8 %. Profit before tax declined annually by -1405.52 % but saw a reduction from the preceding quarter by -900 %.
Net profit fell by -341150 % year-on-year but witnessed a -278.56 % contraction from the last quarter. but a quarterly fall of -256.37 %. In summary, Deccan Gold Mines 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. 0.031 Cr | Rs. 2.391 Cr | Rs. 0.76 Cr | -68.21 % | + 2351.61 % |
| Expenses | Rs. 2.38 Cr | Rs. 6.78 Cr | Rs. 68.64 Cr | + 912.39 % | + 2784.03 % |
| Operating Profit | Rs. -2.35 Cr | Rs. -4.39 Cr | Rs. -67.88 Cr | -1446.24 % | -2788.51 % |
| Net Profit | Rs. 0.02 Cr | Rs. 38.2 Cr | Rs. -68.21 Cr | -278.56 % | -341150 % |
| EPS in Rs | Rs. 0 | Rs. 2.59 | Rs. -4.05 | -256.37 % | 0 % |
In reviewing Deccan Gold Mines Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2351.61 % year-on-year growth, although there was a slight dip of -68.21 % from the previous quarter. Expenses rose by 2784.03 % compared to the previous year, with a 912.39 % increase quarter-on-quarter. Operating Profit dropped by -2788.51 % annually, and saw a -1446.24 % decrease from the last quarter.
Net Profit showed yearly decrease of -341150 %, and experienced a -278.56 % decrease from the previous quarter. however dipped by -256.37 % compared to the last quarter. In essence, while Deccan Gold Mines Ltd. 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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