Share the post "Empower India ‘s Q1 Report: Revenue Rises by 996.51% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 996.51 % in the past year, decrease in net sales/revenue by -56.32 %.
- Profit over the Year and quarter: Significant improvement in profitability for Empower India Limited. Notable increase of 425.74 % in net profit Year to Year, Empower India Limited’s profitability dropped by -14.94 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -50.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3.466 Cr | Rs. 87 Cr | Rs. 38.005 Cr | -56.32 % | + 996.51 % |
Expenses | Rs. 3.06 Cr | Rs. 87.63 Cr | Rs. 35.88 Cr | -59.06 % | + 1072.55 % |
Operating Profit | Rs. 0.41 Cr | Rs. -0.63 Cr | Rs. 2.13 Cr | + 438.1 % | + 419.51 % |
OPM % | 11.83 % | -0.72 % | 5.6 % | + 6.32 % | -6.23 % |
Other Income | Rs. 0 Cr | Rs. 3.227 Cr | Rs. 0 Cr | 0 % | 0 % |
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. 0.41 Cr | Rs. 2.6 Cr | Rs. 2.13 Cr | -18.08 % | + 419.51 % |
Tax % | 0 % | 3.85 % | 0 % | -3.85 % | 0 % |
Net Profit | Rs. 0.4 Cr | Rs. 2.5 Cr | Rs. 2.12 Cr | -15.2 % | + 430 % |
EPS in Rs | Rs. 0.04 | Rs. 0.02 | Rs. 0.02 | + 0 % | -50 % |
Today, we’re looking at Empower India 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 996.51 %. However, it did see a marginal slip of -56.32 % from the previous quarter. Expenses decreased slightly by -59.06 % quarter-on-quarter, aligning with the annual rise of 1072.55 %. Operating profit, while up 419.51 % compared to last year, faced a quarter-on-quarter increase of 438.1 %, 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 -6.23 %, but an expansion of 6.32 % sequentially. Profit before tax grew annually by 419.51 % but saw a reduction from the preceding quarter by -18.08 %.
with a more notable quarter-on-quarter decrease of -3.85 %. Net profit rose by 430 % year-on-year but witnessed a -15.2 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50 % but a quarterly rise of 0 %. In summary, Empower India 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. 3.466 Cr | Rs. 87 Cr | Rs. 38.005 Cr | -56.32 % | + 996.51 % |
Expenses | Rs. 3.06 Cr | Rs. 87.63 Cr | Rs. 35.88 Cr | -59.06 % | + 1072.55 % |
Operating Profit | Rs. 0.41 Cr | Rs. -0.63 Cr | Rs. 2.13 Cr | + 438.1 % | + 419.51 % |
Net Profit | Rs. 0.4 Cr | Rs. 2.5 Cr | Rs. 2.12 Cr | -15.2 % | + 430 % |
EPS in Rs | Rs. 0.04 | Rs. 0.02 | Rs. 0.02 | + 0 % | -50 % |
In reviewing Empower India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 996.51 % year-on-year growth, although there was a slight dip of -56.32 % from the previous quarter. Expenses rose by 1072.55 % compared to the previous year, with a decrease of -59.06 % quarter-on-quarter. Operating Profit surged by 419.51 % annually, and saw a 438.1 % increase from the last quarter.
Net Profit showed yearly increase of 430 %, and experienced a -15.2 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -50 % annually, however rose by 0 % compared to the last quarter. In essence, while Empower India Limited faces strong annual decline 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.
[my_shortcode1]