Share the post "HARIYANA VENTURES announced Financial Results for Q1 2024-2025"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 86.67 %. Marginal decrease of -24.32% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for HARIYANA VENTURES LIMITED. Profit dropped by -6.25 % Year to Year, HARIYANA VENTURES LIMITED’s profitability dropped by -92.2 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 85.59 % Year to Year. EPS decreased by -84.45 % 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. 0.666 Cr | Rs. 1.116 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.75 Cr | Rs. 2.12 Cr | Rs. 0.09 Cr | -95.75 % | -88 % |
Operating Profit | Rs. -0.08 Cr | Rs. -1 Cr | Rs. -0.09 Cr | + 91 % | -12.5 % |
OPM % | -12.01 % | -89.61 % | 0 % | + 89.61 % | + 12.01 % |
Other Income | Rs. 0.015 Cr | Rs. 0.037 Cr | Rs. 0.028 Cr | -24.32 % | + 86.67 % |
Interest | Rs. 0.01 Cr | Rs. 0.03 Cr | Rs. 0.01 Cr | -66.67 % | + 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.09 Cr | Rs. -1 Cr | Rs. -0.08 Cr | + 92 % | + 11.11 % |
Tax % | -24.71 % | -23.63 % | -23.08 % | + 0.55 % | + 1.63 % |
Net Profit | Rs. -0.06 Cr | Rs. -0.77 Cr | Rs. -0.06 Cr | + 92.21 % | + 0 % |
EPS in Rs | Rs. -1.11 | Rs. -13.25 | Rs. -2.06 | + 84.45 % | -85.59 % |
Today, we’re looking at HARIYANA VENTURES LIMITED’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -95.75 % quarter-on-quarter, aligning with the annual decline of -88 %. Operating profit, while down -12.5 % compared to last year, faced a quarter-on-quarter increase of 91 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 12.01 %, but an expansion of 89.61 % sequentially. Other income fell by -24.32 % compared to the last quarter, despite an annual growth of 86.67 %. Interest expenses dropped significantly by -66.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 11.11 % but saw an increase from the preceding quarter by 92 %.
Tax expenses as a percentage of profits increased slightly by 1.63 % compared to last year, with a more notable quarter-on-quarter increase of 0.55 %. Net profit rose by 0 % year-on-year but experienced a 92.21 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -85.59 % but a quarterly rise of 84.45 %. In summary, HARIYANA VENTURES 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. 0.666 Cr | Rs. 1.116 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.75 Cr | Rs. 2.12 Cr | Rs. 0.09 Cr | -95.75 % | -88 % |
Operating Profit | Rs. -0.08 Cr | Rs. -1 Cr | Rs. -0.09 Cr | + 91 % | -12.5 % |
Net Profit | Rs. -0.06 Cr | Rs. -0.77 Cr | Rs. -0.06 Cr | + 92.21 % | + 0 % |
EPS in Rs | Rs. -1.11 | Rs. -13.25 | Rs. -2.06 | + 84.45 % | -85.59 % |
In reviewing HARIYANA VENTURES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -88 % compared to the previous year, with a decrease of -95.75 % quarter-on-quarter. Operating Profit dropped by -12.5 % annually, and saw a 91 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a 92.21 % increase from the previous quarter. Earnings Per Share (EPS) fell by -85.59 % annually, however rose by 84.45 % compared to the last quarter. In essence, while HARIYANA VENTURES 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.
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