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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 0 % in the past year, substantial increase in net sales/revenue by 0 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -33.33 %, Marginal increase in other income during this quarter, up by 1500%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Futuristic Securities Ltd. Profit dropped by -115.79 % Year to Year, Futuristic Securities Ltd’s profitability increased by 300 % in this quarter.
- EPS over the Year and quarter: EPS declined by -107.69 % Year to Year. EPS increased by 500 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.016 Cr | Rs. 0.016 Cr | Rs. 0.016 Cr | + 0 % | + 0 % |
Expenses | Rs. 0.12 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | -83.33 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.01 Cr | Rs. -0 Cr | 0 % | 0 % |
OPM % | -625 % | -62.5 % | -0 % | + 62.5 % | + 625 % |
Other Income | Rs. 0.024 Cr | Rs. 0.001 Cr | Rs. 0.016 Cr | + 1500 % | -33.33 % |
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. -0.08 Cr | Rs. -0.01 Cr | Rs. 0.02 Cr | + 300 % | + 125 % |
Tax % | -0 % | -111.76 % | 0 % | + 111.76 % | 0 % |
Net Profit | Rs. -0.08 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | + 112.5 % |
EPS in Rs | Rs. -0.78 | Rs. 0.01 | Rs. 0.06 | + 500 % | + 107.69 % |
Today, we’re looking at Futuristic Securities Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0 %. However, it did see a marginal increase of 0 % from the previous quarter. Expenses decreased slightly by -33.33 % quarter-on-quarter, aligning with the annual decline of -83.33 %.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 625 %, but an expansion of 62.5 % sequentially. Other income rose by 1500 % compared to the last quarter, despite an annual decline of -33.33 %. Profit before tax grew annually by 125 % but saw an increase from the preceding quarter by 300 %.
with a more notable quarter-on-quarter increase of 111.76 %. Net profit rose by 112.5 % year-on-year And finally, Earnings Per Share (EPS) displayed an annual uptick of 107.69 % but a quarterly rise of 500 %. In summary, Futuristic Securities 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. 0.016 Cr | Rs. 0.016 Cr | Rs. 0.016 Cr | + 0 % | + 0 % |
Expenses | Rs. 0.12 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | -83.33 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.01 Cr | Rs. -0 Cr | 0 % | 0 % |
Net Profit | Rs. -0.08 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | + 112.5 % |
EPS in Rs | Rs. -0.78 | Rs. 0.01 | Rs. 0.06 | + 500 % | + 107.69 % |
In reviewing Futuristic Securities Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0 % year-on-year growth, however, there was a minor increase of 0 % from the previous quarter. Expenses decreased by -83.33 % compared to the previous year, with a decrease of -33.33 % quarter-on-quarter.
Net Profit showed yearly increase of 112.5 %, Earnings Per Share (EPS) rose by 107.69 % annually, however rose by 500 % compared to the last quarter. In essence, while Futuristic Securities Ltd 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.