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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 -71.95 % over the year, decrease in net sales/revenue by -43.91 %.
- 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 180 %. Marginal decrease of -99.13% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Digjam Limited. Notable increase of 63.29 % in net profit Year to Year, Digjam Limited’s profitability increased by 114.61 % in this quarter.
- EPS over the Year and quarter: EPS increased by 63.35 % Year to Year. EPS increased by 113.82 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 5.94 Cr | Rs. 2.97 Cr | Rs. 1.666 Cr | -43.91 % | -71.95 % |
| Expenses | Rs. 8.01 Cr | Rs. 11.02 Cr | Rs. 6.29 Cr | -42.92 % | -21.47 % |
| Operating Profit | Rs. -2.07 Cr | Rs. -8.05 Cr | Rs. -4.62 Cr | + 42.61 % | -123.19 % |
| OPM % | -34.85 % | -271.04 % | -277.31 % | -6.27 % | -242.46 % |
| Other Income | Rs. 0.02 Cr | Rs. 6.45 Cr | Rs. 0.056 Cr | -99.13 % | + 180 % |
| Interest | Rs. 1.02 Cr | Rs. 0.65 Cr | Rs. 0.54 Cr | -16.92 % | -47.06 % |
| Depreciation | Rs. 0.15 Cr | Rs. 0.2 Cr | Rs. 0.15 Cr | -25 % | + 0 % |
| Profit before tax | Rs. -3.22 Cr | Rs. -2.45 Cr | Rs. -5.25 Cr | -114.29 % | -63.04 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -3.22 Cr | Rs. -2.45 Cr | Rs. -5.26 Cr | -114.69 % | -63.35 % |
| EPS in Rs | Rs. -1.61 | Rs. -1.23 | Rs. -2.63 | -113.82 % | -63.35 % |
Today, we’re looking at Digjam 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 -71.95 %. However, it did see a marginal slip of -43.91 % from the previous quarter. Expenses decreased slightly by -42.92 % quarter-on-quarter, aligning with the annual decline of -21.47 %. Operating profit, while down -123.19 % compared to last year, faced a quarter-on-quarter increase of 42.61 %, 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 -242.46 %, but a shrinkage of -6.27 % sequentially. Other income fell by -99.13 % compared to the last quarter, despite an annual growth of 180 %. Interest expenses dropped significantly by -16.92 % from the previous quarter, yet the year-over-year decrease remains at a moderate -47.06 %. Depreciation costs fell by -25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -63.04 % but saw a reduction from the preceding quarter by -114.29 %.
Net profit fell by -63.35 % year-on-year but witnessed a -114.69 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -63.35 % but a quarterly fall of -113.82 %. In summary, Digjam 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. 5.94 Cr | Rs. 2.97 Cr | Rs. 1.666 Cr | -43.91 % | -71.95 % |
| Expenses | Rs. 8.01 Cr | Rs. 11.02 Cr | Rs. 6.29 Cr | -42.92 % | -21.47 % |
| Operating Profit | Rs. -2.07 Cr | Rs. -8.05 Cr | Rs. -4.62 Cr | + 42.61 % | -123.19 % |
| Net Profit | Rs. -3.22 Cr | Rs. -2.45 Cr | Rs. -5.26 Cr | -114.69 % | -63.35 % |
| EPS in Rs | Rs. -1.61 | Rs. -1.23 | Rs. -2.63 | -113.82 % | -63.35 % |
In reviewing Digjam Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -71.95 % year-on-year, although there was a slight dip of -43.91 % from the previous quarter. Expenses decreased by -21.47 % compared to the previous year, with a decrease of -42.92 % quarter-on-quarter. Operating Profit dropped by -123.19 % annually, and saw a 42.61 % increase from the last quarter.
Net Profit showed yearly decrease of -63.35 %, and experienced a -114.69 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -63.35 % annually, however dipped by -113.82 % compared to the last quarter. In essence, while Digjam 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.
