Share the post "HARIYANA VENTURES ‘s Q2 Results: Profit Drops by 9000% YoY"
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 decline in other income over the past year which is -88.89 %, Marginal decrease of -71.43% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for HARIYANA VENTURES LIMITED. Notable increase of 10055.56 % in net profit Year to Year, HARIYANA VENTURES LIMITED’s profitability increased by 1423.33 % in this quarter.
- EPS over the Year and quarter: EPS increased by 10,393.33 % Year to Year. EPS increased by 664.08 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.157 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.22 Cr | Rs. 0.09 Cr | Rs. 0.03 Cr | -66.67 % | -86.36 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.09 Cr | Rs. -0.03 Cr | + 66.67 % | + 50 % |
OPM % | -38.22 % | 0 % | 0 % | 0 % | + 38.22 % |
Other Income | Rs. 0.072 Cr | Rs. 0.028 Cr | Rs. 0.008 Cr | -71.43 % | -88.89 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.01 Cr | Rs. -0.08 Cr | Rs. -0.03 Cr | + 62.5 % | -200 % |
Tax % | -25 % | -23.08 % | -3285.19 % | -3262.11 % | -3260.19 % |
Net Profit | Rs. -0.01 Cr | Rs. -0.06 Cr | Rs. -0.91 Cr | -1416.67 % | -9000 % |
EPS in Rs | Rs. -0.15 | Rs. -2.06 | Rs. -15.74 | -664.08 % | -10393.33 % |
Today, we’re looking at HARIYANA VENTURES LIMITED’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -66.67 % quarter-on-quarter, aligning with the annual decline of -86.36 %. Operating profit, while up 50 % compared to last year, faced a quarter-on-quarter increase of 66.67 %, 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 38.22 %, Other income fell by -71.43 % compared to the last quarter, despite an annual decline of -88.89 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -200 % but saw an increase from the preceding quarter by 62.5 %.
Tax expenses as a percentage of profits decreased slightly by -3260.19 % compared to last year, with a more notable quarter-on-quarter decrease of -3262.11 %. Net profit fell by -9000 % year-on-year but witnessed a -1416.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -10393.33 % but a quarterly fall of -664.08 %. 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. 0.157 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.22 Cr | Rs. 0.09 Cr | Rs. 0.03 Cr | -66.67 % | -86.36 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.09 Cr | Rs. -0.03 Cr | + 66.67 % | + 50 % |
Net Profit | Rs. -0.01 Cr | Rs. -0.06 Cr | Rs. -0.91 Cr | -1416.67 % | -9000 % |
EPS in Rs | Rs. -0.15 | Rs. -2.06 | Rs. -15.74 | -664.08 % | -10393.33 % |
In reviewing HARIYANA VENTURES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -86.36 % compared to the previous year, with a decrease of -66.67 % quarter-on-quarter. Operating Profit surged by 50 % annually, and saw a 66.67 % increase from the last quarter.
Net Profit showed yearly decrease of -9000 %, and experienced a -1416.67 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -10393.33 % annually, however dipped by -664.08 % compared to the last quarter. In essence, while HARIYANA VENTURES LIMITED 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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