Share the post "Fraser And Company announces Q1 results: Profit Rises by 26.67% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for Fraser And Company Limited. Profit dropped by -27.15 % Year to Year, Fraser And Company Limited’s profitability dropped by -82.65 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -26.32 % Year to Year. EPS decreased by -68.89 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.17 Cr | Rs. 0.17 Cr | Rs. 0.1 Cr | -41.18 % | -41.18 % |
Operating Profit | Rs. -0.17 Cr | Rs. -0.17 Cr | Rs. -0.1 Cr | + 41.18 % | + 41.18 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.001 Cr | 0 % | 0 % |
Interest | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.04 Cr | Rs. 0.01 Cr | -75 % | -50 % |
Profit before tax | Rs. -0.2 Cr | Rs. -0.21 Cr | Rs. -0.11 Cr | + 47.62 % | + 45 % |
Tax % | -24.88 % | -207.77 % | -0 % | + 207.77 % | + 24.88 % |
Net Profit | Rs. -0.15 Cr | Rs. -0.63 Cr | Rs. -0.11 Cr | + 82.54 % | + 26.67 % |
EPS in Rs | Rs. -0.19 | Rs. -0.45 | Rs. -0.14 | + 68.89 % | + 26.32 % |
Today, we’re looking at Fraser And Company Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -41.18 % quarter-on-quarter, aligning with the annual decline of -41.18 %. Operating profit, while up 41.18 % compared to last year, faced a quarter-on-quarter increase of 41.18 %, signaling a short-term expansion in margins.
Depreciation costs fell by -75 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax grew annually by 45 % but saw an increase from the preceding quarter by 47.62 %.
Tax expenses as a percentage of profits increased slightly by 24.88 % compared to last year, with a more notable quarter-on-quarter increase of 207.77 %. Net profit rose by 26.67 % year-on-year but experienced a 82.54 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.32 % but a quarterly rise of 68.89 %. In summary, Fraser And Company 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. 0.17 Cr | Rs. 0.17 Cr | Rs. 0.1 Cr | -41.18 % | -41.18 % |
Operating Profit | Rs. -0.17 Cr | Rs. -0.17 Cr | Rs. -0.1 Cr | + 41.18 % | + 41.18 % |
Net Profit | Rs. -0.15 Cr | Rs. -0.63 Cr | Rs. -0.11 Cr | + 82.54 % | + 26.67 % |
EPS in Rs | Rs. -0.19 | Rs. -0.45 | Rs. -0.14 | + 68.89 % | + 26.32 % |
In reviewing Fraser And Company Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -41.18 % compared to the previous year, with a decrease of -41.18 % quarter-on-quarter. Operating Profit surged by 41.18 % annually, and saw a 41.18 % increase from the last quarter.
Net Profit showed yearly increase of 26.67 %, and experienced a 82.54 % increase from the previous quarter. Earnings Per Share (EPS) rose by 26.32 % annually, however rose by 68.89 % compared to the last quarter. In essence, while Fraser And Company Limited exhibits strong annual growth 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.