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Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter: There has been decline in other income over the past year which is -97.14 %,
- Profit over the Year and quarter: Challenges in sustaining profitability for Harmony Capital Services Ltd.. Profit dropped by -102.36 % Year to Year, Harmony Capital Services Ltd.’s profitability increased by 50 % in this quarter.
- EPS over the Year and quarter: EPS declined by -102.38 % Year to Year. EPS increased by -0 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.23 Cr | Rs. 0 Cr | Rs. 0.03 Cr | 0 % | -86.96 % |
Operating Profit | Rs. -0.23 Cr | Rs. 0 Cr | Rs. -0.03 Cr | 0 % | + 86.96 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.35 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | -97.14 % |
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. 0.12 Cr | Rs. 0 Cr | Rs. -0.02 Cr | 0 % | -116.67 % |
Tax % | 0 % | -0 % | -89.29 % | -89.29 % | -89.29 % |
Net Profit | Rs. 0.13 Cr | Rs. -0 Cr | Rs. -0 Cr | 0 % | 0 % |
EPS in Rs | Rs. 0.42 | Rs. -0.01 | Rs. -0.01 | + 0 % | -102.38 % |
Today, we’re looking at Harmony Capital Services Ltd.’s financial performance for the Q4(Mar 2024).aligning with the annual decline of -86.96 %. Operating profit, while up 86.96 % compared to last year,
despite an annual decline of -97.14 %. Profit before tax declined annually by -116.67 %
Tax expenses as a percentage of profits decreased slightly by -89.29 % compared to last year, with a more notable quarter-on-quarter decrease of -89.29 %. And finally, Earnings Per Share (EPS) displayed an annual downturn of -102.38 % but a quarterly rise of 0 %. In summary, Harmony Capital Services 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 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.23 Cr | Rs. 0 Cr | Rs. 0.03 Cr | 0 % | -86.96 % |
Operating Profit | Rs. -0.23 Cr | Rs. 0 Cr | Rs. -0.03 Cr | 0 % | + 86.96 % |
Net Profit | Rs. 0.13 Cr | Rs. -0 Cr | Rs. -0 Cr | 0 % | 0 % |
EPS in Rs | Rs. 0.42 | Rs. -0.01 | Rs. -0.01 | + 0 % | -102.38 % |
In reviewing Harmony Capital Services Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -86.96 % compared to the previous year, Operating Profit surged by 86.96 % annually,
Earnings Per Share (EPS) fell by -102.38 % annually, however rose by 0 % compared to the last quarter. In essence, while Harmony Capital Services 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.