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Share the post "GRANDMA TRADING & AGENCIES ‘s Q1 Update: Profit Falls by 316.67% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Significant improvement in profitability for GRANDMA TRADING & AGENCIES LTD. Notable increase of 336.84 % in net profit Year to Year, GRANDMA TRADING & AGENCIES LTD’s profitability dropped by -432 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -300 % 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. 0.127 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.06 Cr | Rs. 0.15 Cr | Rs. 0.25 Cr | + 66.67 % | + 316.67 % |
| Operating Profit | Rs. -0.06 Cr | Rs. -0.02 Cr | Rs. -0.25 Cr | -1150 % | -316.67 % |
| OPM % | 0 % | -15.75 % | 0 % | + 15.75 % | 0 % |
| Other Income | Rs. 0 Cr | Rs. 0.112 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. -0.06 Cr | Rs. 0.09 Cr | Rs. -0.25 Cr | -377.78 % | -316.67 % |
| Tax % | -0 % | 19.35 % | -0 % | -19.35 % | 0 % |
| Net Profit | Rs. -0.06 Cr | Rs. 0.08 Cr | Rs. -0.25 Cr | -412.5 % | -316.67 % |
| EPS in Rs | Rs. 0 | Rs. 0.01 | Rs. -0.02 | -300 % | 0 % |
Today, we’re looking at GRANDMA TRADING & AGENCIES LTD’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 66.67 % quarter-on-quarter, aligning with the annual rise of 316.67 %. Operating profit, while down -316.67 % compared to last year, faced a quarter-on-quarter dip of -1150 %, signaling a short-term contraction in margins.
but an expansion of 15.75 % sequentially. Profit before tax declined annually by -316.67 % but saw a reduction from the preceding quarter by -377.78 %.
with a more notable quarter-on-quarter decrease of -19.35 %. Net profit fell by -316.67 % year-on-year but witnessed a -412.5 % contraction from the last quarter. but a quarterly fall of -300 %. In summary, GRANDMA TRADING & AGENCIES 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 Cr | Rs. 0.127 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.06 Cr | Rs. 0.15 Cr | Rs. 0.25 Cr | + 66.67 % | + 316.67 % |
| Operating Profit | Rs. -0.06 Cr | Rs. -0.02 Cr | Rs. -0.25 Cr | -1150 % | -316.67 % |
| Net Profit | Rs. -0.06 Cr | Rs. 0.08 Cr | Rs. -0.25 Cr | -412.5 % | -316.67 % |
| EPS in Rs | Rs. 0 | Rs. 0.01 | Rs. -0.02 | -300 % | 0 % |
In reviewing GRANDMA TRADING & AGENCIES LTD’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 316.67 % compared to the previous year, with a 66.67 % increase quarter-on-quarter. Operating Profit dropped by -316.67 % annually, and saw a -1150 % decrease from the last quarter.
Net Profit showed yearly decrease of -316.67 %, and experienced a -412.5 % decrease from the previous quarter. however dipped by -300 % compared to the last quarter. In essence, while GRANDMA TRADING & AGENCIES LTD faces strong annual decline 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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