Share the post "DISHA RESOURCES ‘s Q1 Results: Profit Drops by 102.54% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been decline in other income over the past year which is -99.56 %, Marginal decrease of -97.03% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for DISHA RESOURCES LIMITED. Profit dropped by -102.46 % Year to Year, DISHA RESOURCES LIMITED’s profitability dropped by -108.06 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 24.39 % Year to Year. EPS increased by 871.43 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 0.07 Cr | Rs. 0.09 Cr | + 28.57 % | -10 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.07 Cr | Rs. -0.09 Cr | -28.57 % | + 10 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 2.753 Cr | Rs. 0.404 Cr | Rs. 0.012 Cr | -97.03 % | -99.56 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 2.65 Cr | Rs. 0.33 Cr | Rs. -0.08 Cr | -124.24 % | -103.02 % |
Tax % | 16.71 % | 117.52 % | -29.27 % | -146.79 % | -45.98 % |
Net Profit | Rs. 2.36 Cr | Rs. 0.72 Cr | Rs. -0.06 Cr | -108.33 % | -102.54 % |
EPS in Rs | Rs. 3.28 | Rs. 0.42 | Rs. -4.08 | -1071.43 % | -224.39 % |
Today, we’re looking at DISHA RESOURCES LIMITED’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 28.57 % quarter-on-quarter, aligning with the annual decline of -10 %. Operating profit, while up 10 % compared to last year, faced a quarter-on-quarter dip of -28.57 %, signaling a short-term contraction in margins.
Other income fell by -97.03 % compared to the last quarter, despite an annual decline of -99.56 %. Profit before tax declined annually by -103.02 % but saw a reduction from the preceding quarter by -124.24 %.
Tax expenses as a percentage of profits decreased slightly by -45.98 % compared to last year, with a more notable quarter-on-quarter decrease of -146.79 %. Net profit fell by -102.54 % year-on-year but witnessed a -108.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -224.39 % but a quarterly fall of -1071.43 %. In summary, DISHA RESOURCES 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 0.07 Cr | Rs. 0.09 Cr | + 28.57 % | -10 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.07 Cr | Rs. -0.09 Cr | -28.57 % | + 10 % |
Net Profit | Rs. 2.36 Cr | Rs. 0.72 Cr | Rs. -0.06 Cr | -108.33 % | -102.54 % |
EPS in Rs | Rs. 3.28 | Rs. 0.42 | Rs. -4.08 | -1071.43 % | -224.39 % |
In reviewing DISHA RESOURCES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -10 % compared to the previous year, with a 28.57 % increase quarter-on-quarter. Operating Profit surged by 10 % annually, and saw a -28.57 % decrease from the last quarter.
Net Profit showed yearly decrease of -102.54 %, and experienced a -108.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -224.39 % annually, however dipped by -1071.43 % compared to the last quarter. In essence, while DISHA RESOURCES 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.
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