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Highlights
- Sales over the Year and quarter:
- 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 50 %. Marginal increase in other income during this quarter, up by 50%.
- Profit over the Year and quarter: Challenges in sustaining profitability for EASY FINCORP LIMITED. Profit dropped by -67.2 % Year to Year, EASY FINCORP LIMITED’s profitability increased by 51.85 % in this quarter.
- EPS over the Year and quarter: EPS declined by -66.93 % Year to Year. EPS increased by 54.13 % 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. 0.05 Cr | Rs. 0.03 Cr | Rs. 0.05 Cr | + 66.67 % | + 0 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.03 Cr | Rs. -0.05 Cr | -66.67 % | + 0 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.03 Cr | + 50 % | + 50 % |
| Interest | Rs. 0.13 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | -76.92 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.16 Cr | Rs. -0.04 Cr | Rs. -0.05 Cr | -25 % | + 68.75 % |
| Tax % | -19.87 % | -25.71 % | -18 % | + 7.71 % | + 1.87 % |
| Net Profit | Rs. -0.13 Cr | Rs. -0.03 Cr | Rs. -0.04 Cr | -33.33 % | + 69.23 % |
| EPS in Rs | Rs. -5.08 | Rs. -1.09 | Rs. -1.68 | -54.13 % | + 66.93 % |
Today, we’re looking at EASY FINCORP LIMITED’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 66.67 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -66.67 %, signaling a short-term contraction in margins.
Other income rose by 50 % compared to the last quarter, despite an annual growth of 50 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -76.92 %. Profit before tax grew annually by 68.75 % but saw a reduction from the preceding quarter by -25 %.
Tax expenses as a percentage of profits increased slightly by 1.87 % compared to last year, with a more notable quarter-on-quarter increase of 7.71 %. Net profit rose by 69.23 % year-on-year but witnessed a -33.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 66.93 % but a quarterly fall of -54.13 %. In summary, EASY FINCORP 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. 0.05 Cr | Rs. 0.03 Cr | Rs. 0.05 Cr | + 66.67 % | + 0 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.03 Cr | Rs. -0.05 Cr | -66.67 % | + 0 % |
| Net Profit | Rs. -0.13 Cr | Rs. -0.03 Cr | Rs. -0.04 Cr | -33.33 % | + 69.23 % |
| EPS in Rs | Rs. -5.08 | Rs. -1.09 | Rs. -1.68 | -54.13 % | + 66.93 % |
In reviewing EASY FINCORP LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a 66.67 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -66.67 % decrease from the last quarter.
Net Profit showed yearly increase of 69.23 %, and experienced a -33.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 66.93 % annually, however dipped by -54.13 % compared to the last quarter. In essence, while EASY FINCORP LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
