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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’s sales declined by -96.55 % over the year, substantial increase in net sales/revenue by 0 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Globus Constructors & Developers Limited. Profit dropped by -13.3 % Year to Year, Globus Constructors & Developers Limited’s profitability dropped by -102.64 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -25.00 % Year to Year. EPS decreased by -104.48 % 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. 0.029 Cr | Rs. 0.001 Cr | Rs. 0.001 Cr | + 0 % | -96.55 % |
| Expenses | Rs. 0.22 Cr | Rs. 0.15 Cr | Rs. 0.16 Cr | + 6.67 % | -27.27 % |
| Operating Profit | Rs. -0.19 Cr | Rs. -0.15 Cr | Rs. -0.16 Cr | -6.67 % | + 15.79 % |
| OPM % | -655.17 % | -15000 % | -16000 % | -1000 % | -15344.83 % |
| Other Income | Rs. 0 Cr | Rs. 6.338 Cr | Rs. -0.003 Cr | -100.05 % | 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. -0.19 Cr | Rs. 6.19 Cr | Rs. -0.16 Cr | -102.58 % | + 15.79 % |
| Tax % | -0 % | 0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -0.19 Cr | Rs. 6.19 Cr | Rs. -0.16 Cr | -102.58 % | + 15.79 % |
| EPS in Rs | Rs. -0.04 | Rs. 0.67 | Rs. -0.03 | -104.48 % | + 25 % |
Today, we’re looking at Globus Constructors & Developers Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -96.55 %. However, it did see a marginal increase of 0 % from the previous quarter. Expenses ticked up slightly by 6.67 % quarter-on-quarter, aligning with the annual decline of -27.27 %. Operating profit, while up 15.79 % compared to last year, faced a quarter-on-quarter dip of -6.67 %, 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 -15344.83 %, but a shrinkage of -1000 % sequentially. Other income fell by -100.05 % compared to the last quarter, Profit before tax grew annually by 15.79 % but saw a reduction from the preceding quarter by -102.58 %.
Net profit rose by 15.79 % year-on-year but witnessed a -102.58 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25 % but a quarterly fall of -104.48 %. In summary, Globus Constructors & Developers 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. 0.029 Cr | Rs. 0.001 Cr | Rs. 0.001 Cr | + 0 % | -96.55 % |
| Expenses | Rs. 0.22 Cr | Rs. 0.15 Cr | Rs. 0.16 Cr | + 6.67 % | -27.27 % |
| Operating Profit | Rs. -0.19 Cr | Rs. -0.15 Cr | Rs. -0.16 Cr | -6.67 % | + 15.79 % |
| Net Profit | Rs. -0.19 Cr | Rs. 6.19 Cr | Rs. -0.16 Cr | -102.58 % | + 15.79 % |
| EPS in Rs | Rs. -0.04 | Rs. 0.67 | Rs. -0.03 | -104.48 % | + 25 % |
In reviewing Globus Constructors & Developers Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -96.55 % year-on-year, however, there was a minor increase of 0 % from the previous quarter. Expenses decreased by -27.27 % compared to the previous year, with a 6.67 % increase quarter-on-quarter. Operating Profit surged by 15.79 % annually, and saw a -6.67 % decrease from the last quarter.
Net Profit showed yearly increase of 15.79 %, and experienced a -102.58 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 25 % annually, however dipped by -104.48 % compared to the last quarter. In essence, while Globus Constructors & Developers Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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