Dhoot Industrial Finance ‘s Latest Q1 Report: Profit Up by 33.67% Year-on-Year

The comprehensive analytics outlining the performance and outlook of Dhoot Industrial Finance Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Dhoot Industrial Finance Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -4.87 %. However, it did see a marginal slip of -89.14 % from the previous quarter. Expenses decreased slightly by -80.93 % quarter-on-quarter, aligning with the annual rise of 39.4 %. Operating profit, while down -175.68 % compared to last year, faced a quarter-on-quarter increase of 4.23 %, 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 -61.68 %, but a shrinkage of -83.5 % sequentially. Other income fell by -33.15 % compared to the last quarter, despite an annual growth of 57.86 %. Interest expenses surged remarkably by 9.02 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.57 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.69 %. Profit before tax grew annually by 57.62 % but saw a reduction from the preceding quarter by -36.32 %.
Tax expenses as a percentage of profits increased slightly by 9.69 % compared to last year, with a more notable quarter-on-quarter increase of 34.64 %. Net profit rose by 33.67 % year-on-year but witnessed a -61.19 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 33.59 % but a quarterly fall of -61.22 %. In summary, Dhoot Industrial Finance Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Dhoot Industrial Finance Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.87 % year-on-year, although there was a slight dip of -89.14 % from the previous quarter. Expenses rose by 39.4 % compared to the previous year, with a decrease of -80.93 % quarter-on-quarter. Operating Profit dropped by -175.68 % annually, and saw a 4.23 % increase from the last quarter.
Net Profit showed yearly increase of 33.67 %, and experienced a -61.19 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 33.59 % annually, however dipped by -61.22 % compared to the last quarter. In essence, while Dhoot Industrial Finance 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.