Share the post "Fervent Synergies announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 8.25 % in the past year, decrease in net sales/revenue by -97.7 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Fervent Synergies Limited. Profit dropped by -28 % Year to Year, Fervent Synergies Limited’s profitability dropped by -100.54 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -33.33 % Year to Year. EPS decreased by -100.45 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.315 Cr | Rs. 14.848 Cr | Rs. 0.341 Cr | -97.7 % | + 8.25 % |
Expenses | Rs. 0.17 Cr | Rs. 28.4 Cr | Rs. 0.26 Cr | -99.08 % | + 52.94 % |
Operating Profit | Rs. 0.15 Cr | Rs. -13.55 Cr | Rs. 0.08 Cr | + 100.59 % | -46.67 % |
OPM % | 47.62 % | -91.26 % | 23.46 % | + 114.72 % | -24.16 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0.04 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.14 Cr | Rs. -13.6 Cr | Rs. 0.07 Cr | + 100.51 % | -50 % |
Tax % | 25.37 % | -1.43 % | 1.43 % | + 2.86 % | -23.94 % |
Net Profit | Rs. 0.1 Cr | Rs. -13.41 Cr | Rs. 0.07 Cr | + 100.52 % | -30 % |
EPS in Rs | Rs. 0.03 | Rs. -4.47 | Rs. 0.02 | + 100.45 % | -33.33 % |
Today, we’re looking at Fervent Synergies 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 8.25 %. However, it did see a marginal slip of -97.7 % from the previous quarter. Expenses decreased slightly by -99.08 % quarter-on-quarter, aligning with the annual rise of 52.94 %. Operating profit, while down -46.67 % compared to last year, faced a quarter-on-quarter increase of 100.59 %, 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 -24.16 %, but an expansion of 114.72 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -50 % but saw an increase from the preceding quarter by 100.51 %.
Tax expenses as a percentage of profits decreased slightly by -23.94 % compared to last year, with a more notable quarter-on-quarter increase of 2.86 %. Net profit fell by -30 % year-on-year but experienced a 100.52 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -33.33 % but a quarterly rise of 100.45 %. In summary, Fervent Synergies 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. 0.315 Cr | Rs. 14.848 Cr | Rs. 0.341 Cr | -97.7 % | + 8.25 % |
Expenses | Rs. 0.17 Cr | Rs. 28.4 Cr | Rs. 0.26 Cr | -99.08 % | + 52.94 % |
Operating Profit | Rs. 0.15 Cr | Rs. -13.55 Cr | Rs. 0.08 Cr | + 100.59 % | -46.67 % |
Net Profit | Rs. 0.1 Cr | Rs. -13.41 Cr | Rs. 0.07 Cr | + 100.52 % | -30 % |
EPS in Rs | Rs. 0.03 | Rs. -4.47 | Rs. 0.02 | + 100.45 % | -33.33 % |
In reviewing Fervent Synergies Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.25 % year-on-year growth, although there was a slight dip of -97.7 % from the previous quarter. Expenses rose by 52.94 % compared to the previous year, with a decrease of -99.08 % quarter-on-quarter. Operating Profit dropped by -46.67 % annually, and saw a 100.59 % increase from the last quarter.
Net Profit showed yearly decrease of -30 %, and experienced a 100.52 % increase from the previous quarter. Earnings Per Share (EPS) fell by -33.33 % annually, however rose by 100.45 % compared to the last quarter. In essence, while Fervent Synergies 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 values=”Fervent Synergies “]