Share the post "Dhunseri Investments announced Financial Results Q1 2024"
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 65.71 % in the past year, substantial increase in net sales/revenue by 17.08 %.
- Profit over the Year and quarter: Significant improvement in profitability for Dhunseri Investments Limited. Notable increase of 43.55 % in net profit Year to Year, Dhunseri Investments Limited’s profitability increased by 56.28 % in this quarter.
- EPS over the Year and quarter: EPS increased by 43.59 % Year to Year. EPS increased by 56.23 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 6.093 Cr | Rs. 8.624 Cr | Rs. 10.097 Cr | + 17.08 % | + 65.71 % |
| Expenses | Rs. 0.26 Cr | Rs. 3.73 Cr | Rs. 1.85 Cr | -50.4 % | + 611.54 % |
| Operating Profit | Rs. 5.83 Cr | Rs. 4.89 Cr | Rs. 8.25 Cr | + 68.71 % | + 41.51 % |
| OPM % | 95.68 % | 56.7 % | 81.71 % | + 25.01 % | -13.97 % |
| Other Income | Rs. 0.009 Cr | Rs. 0.061 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0.09 Cr | Rs. 0.12 Cr | + 33.33 % | + 1100 % |
| Profit before tax | Rs. 5.83 Cr | Rs. 4.86 Cr | Rs. 8.13 Cr | + 67.28 % | + 39.45 % |
| Tax % | 15.97 % | 7.54 % | 13.5 % | + 5.96 % | -2.47 % |
| Net Profit | Rs. 4.9 Cr | Rs. 4.5 Cr | Rs. 7.03 Cr | + 56.22 % | + 43.47 % |
| EPS in Rs | Rs. 8.03 | Rs. 7.38 | Rs. 11.53 | + 56.23 % | + 43.59 % |
Today, we’re looking at Dhunseri Investments 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 65.71 %. However, it did see a marginal increase of 17.08 % from the previous quarter. Expenses decreased slightly by -50.4 % quarter-on-quarter, aligning with the annual rise of 611.54 %. Operating profit, while up 41.51 % compared to last year, faced a quarter-on-quarter increase of 68.71 %, 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 -13.97 %, but an expansion of 25.01 % sequentially. Depreciation costs climbed by 33.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1100 %. Profit before tax grew annually by 39.45 % but saw an increase from the preceding quarter by 67.28 %.
Tax expenses as a percentage of profits decreased slightly by -2.47 % compared to last year, with a more notable quarter-on-quarter increase of 5.96 %. Net profit rose by 43.47 % year-on-year but experienced a 56.22 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 43.59 % but a quarterly rise of 56.23 %. In summary, Dhunseri Investments 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. 6.093 Cr | Rs. 8.624 Cr | Rs. 10.097 Cr | + 17.08 % | + 65.71 % |
| Expenses | Rs. 0.26 Cr | Rs. 3.73 Cr | Rs. 1.85 Cr | -50.4 % | + 611.54 % |
| Operating Profit | Rs. 5.83 Cr | Rs. 4.89 Cr | Rs. 8.25 Cr | + 68.71 % | + 41.51 % |
| Net Profit | Rs. 4.9 Cr | Rs. 4.5 Cr | Rs. 7.03 Cr | + 56.22 % | + 43.47 % |
| EPS in Rs | Rs. 8.03 | Rs. 7.38 | Rs. 11.53 | + 56.23 % | + 43.59 % |
In reviewing Dhunseri Investments Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 65.71 % year-on-year growth, however, there was a minor increase of 17.08 % from the previous quarter. Expenses rose by 611.54 % compared to the previous year, with a decrease of -50.4 % quarter-on-quarter. Operating Profit surged by 41.51 % annually, and saw a 68.71 % increase from the last quarter.
Net Profit showed yearly increase of 43.47 %, and experienced a 56.22 % increase from the previous quarter. Earnings Per Share (EPS) rose by 43.59 % annually, however rose by 56.23 % compared to the last quarter. In essence, while Dhunseri Investments Limited exhibits strong annual growth 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.
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