Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0 % in the past year, decrease in net sales/revenue by -99.69 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Significant improvement in profitability for Elango Industries Ltd. Notable increase of 170.97 % in net profit Year to Year, Elango Industries Ltd’s profitability increased by 265.22 % in this quarter.
- EPS over the Year and quarter: EPS increased by 175.00 % Year to Year. EPS increased by 266.67 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.002 Cr | Rs. 0.651 Cr | Rs. 0.002 Cr | -99.69 % | + 0 % |
Expenses | Rs. 0.05 Cr | Rs. 0.67 Cr | Rs. 0.08 Cr | -88.06 % | + 60 % |
Operating Profit | Rs. -0.05 Cr | Rs. -0.02 Cr | Rs. -0.08 Cr | -300 % | -60 % |
OPM % | -2500 % | -3.07 % | -4000 % | -3996.93 % | -1500 % |
Other Income | Rs. 0.02 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
Profit before tax | Rs. -0.03 Cr | Rs. -0.03 Cr | Rs. -0.09 Cr | -200 % | -200 % |
Tax % | -10.71 % | -9.52 % | -2.44 % | + 7.08 % | + 8.27 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.02 Cr | Rs. -0.08 Cr | -300 % | -166.67 % |
EPS in Rs | Rs. -0.08 | Rs. -0.06 | Rs. -0.22 | -266.67 % | -175 % |
Today, we’re looking at Elango Industries Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0 %. However, it did see a marginal slip of -99.69 % from the previous quarter. Expenses decreased slightly by -88.06 % quarter-on-quarter, aligning with the annual rise of 60 %. Operating profit, while down -60 % compared to last year, faced a quarter-on-quarter dip of -300 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1500 %, but a shrinkage of -3996.93 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, Profit before tax declined annually by -200 % but saw a reduction from the preceding quarter by -200 %.
Tax expenses as a percentage of profits increased slightly by 8.27 % compared to last year, with a more notable quarter-on-quarter increase of 7.08 %. Net profit fell by -166.67 % year-on-year but witnessed a -300 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -175 % but a quarterly fall of -266.67 %. In summary, Elango Industries Ltd’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. 0.002 Cr | Rs. 0.651 Cr | Rs. 0.002 Cr | -99.69 % | + 0 % |
Expenses | Rs. 0.05 Cr | Rs. 0.67 Cr | Rs. 0.08 Cr | -88.06 % | + 60 % |
Operating Profit | Rs. -0.05 Cr | Rs. -0.02 Cr | Rs. -0.08 Cr | -300 % | -60 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.02 Cr | Rs. -0.08 Cr | -300 % | -166.67 % |
EPS in Rs | Rs. -0.08 | Rs. -0.06 | Rs. -0.22 | -266.67 % | -175 % |
In reviewing Elango Industries Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0 % year-on-year growth, although there was a slight dip of -99.69 % from the previous quarter. Expenses rose by 60 % compared to the previous year, with a decrease of -88.06 % quarter-on-quarter. Operating Profit dropped by -60 % annually, and saw a -300 % decrease from the last quarter.
Net Profit showed yearly decrease of -166.67 %, and experienced a -300 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -175 % annually, however dipped by -266.67 % compared to the last quarter. In essence, while Elango Industries 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.