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Hexa Tradex : Q1 2024 Financial Quarterly Report

July 12, 2024July 12, 2024| adminadmin| 0 Comments| 10:00 am
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Highlights

  • Sales over the Year and quarter:
  • Income over the Year and quarter:
  • Profit over the Year and quarter: Challenges in sustaining profitability for Hexa Tradex Limited. Profit dropped by -102.98 % Year to Year, Hexa Tradex Limited’s profitability increased by 27.16 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -102.99 % Year to Year. EPS increased by 25.93 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Hexa Tradex Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 89.623 Cr Rs. -3.633 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. -2.51 Cr Rs. 1.06 Cr Rs. 3.25 Cr + 206.6 % + 229.48 %
Operating Profit Rs. 92.13 Cr Rs. -4.69 Cr Rs. -3.25 Cr + 30.7 % -103.53 %
OPM % 102.8 % 129.09 % 0 % -129.09 % -102.8 %
Other Income Rs. -0 Cr Rs. 0.01 Cr Rs. 0 Cr 0 % 0 %
Interest Rs. 9.14 Cr Rs. 1.02 Cr Rs. 1.2 Cr + 17.65 % -86.87 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 82.99 Cr Rs. -5.7 Cr Rs. -4.45 Cr + 21.93 % -105.36 %
Tax % 24.31 % -74.2 % -57.96 % + 16.24 % -82.27 %
Net Profit Rs. 62.81 Cr Rs. -1.47 Cr Rs. -1.87 Cr -27.21 % -102.98 %
EPS in Rs Rs. 11.37 Rs. -0.27 Rs. -0.34 -25.93 % -102.99 %


Today, we’re looking at Hexa Tradex Limited’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 206.6 % quarter-on-quarter, aligning with the annual rise of 229.48 %. Operating profit, while down -103.53 % compared to last year, faced a quarter-on-quarter increase of 30.7 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -102.8 %, but a shrinkage of -129.09 % sequentially. Interest expenses surged remarkably by 17.65 % from the previous quarter, yet the year-over-year decrease remains at a moderate -86.87 %. Profit before tax declined annually by -105.36 % but saw an increase from the preceding quarter by 21.93 %.
Tax expenses as a percentage of profits decreased slightly by -82.27 % compared to last year, with a more notable quarter-on-quarter increase of 16.24 %. Net profit fell by -102.98 % year-on-year but witnessed a -27.21 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -102.99 % but a quarterly fall of -25.93 %. In summary, Hexa Tradex 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. 89.623 Cr Rs. -3.633 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. -2.51 Cr Rs. 1.06 Cr Rs. 3.25 Cr + 206.6 % + 229.48 %
Operating Profit Rs. 92.13 Cr Rs. -4.69 Cr Rs. -3.25 Cr + 30.7 % -103.53 %
Net Profit Rs. 62.81 Cr Rs. -1.47 Cr Rs. -1.87 Cr -27.21 % -102.98 %
EPS in Rs Rs. 11.37 Rs. -0.27 Rs. -0.34 -25.93 % -102.99 %


In reviewing Hexa Tradex Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 229.48 % compared to the previous year, with a 206.6 % increase quarter-on-quarter. Operating Profit dropped by -103.53 % annually, and saw a 30.7 % increase from the last quarter.
Net Profit showed yearly decrease of -102.98 %, and experienced a -27.21 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -102.99 % annually, however dipped by -25.93 % compared to the last quarter. In essence, while Hexa Tradex 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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