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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 52.46 % in the past year, decrease in net sales/revenue by -9.32 %.
- 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 3610.53 %. Marginal increase in other income during this quarter, up by 34.03%.
- Profit over the Year and quarter: Significant improvement in profitability for Hybrid Financial Services Limited. Notable increase of 513.7 % in net profit Year to Year, Hybrid Financial Services Limited’s profitability increased by 52.38 % in this quarter.
- EPS over the Year and quarter: EPS increased by 557.14 % Year to Year. EPS increased by 53.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.913 Cr | Rs. 1.535 Cr | Rs. 1.392 Cr | -9.32 % | + 52.46 % |
Expenses | Rs. 0.69 Cr | Rs. 0.89 Cr | Rs. 0.73 Cr | -17.98 % | + 5.8 % |
Operating Profit | Rs. 0.22 Cr | Rs. 0.65 Cr | Rs. 0.66 Cr | + 1.54 % | + 200 % |
OPM % | 24.1 % | 42.35 % | 47.41 % | + 5.06 % | + 23.31 % |
Other Income | Rs. 0.019 Cr | Rs. 0.526 Cr | Rs. 0.705 Cr | + 34.03 % | + 3610.53 % |
Interest | Rs. 0 Cr | Rs. 0.02 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.21 Cr | Rs. 1.13 Cr | Rs. 1.34 Cr | + 18.58 % | + 538.1 % |
Tax % | 0 % | 16.32 % | 0 % | -16.32 % | 0 % |
Net Profit | Rs. 0.22 Cr | Rs. 0.88 Cr | Rs. 1.34 Cr | + 52.27 % | + 509.09 % |
EPS in Rs | Rs. 0.07 | Rs. 0.3 | Rs. 0.46 | + 53.33 % | + 557.14 % |
Today, we’re looking at Hybrid Financial Services Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 52.46 %. However, it did see a marginal slip of -9.32 % from the previous quarter. Expenses decreased slightly by -17.98 % quarter-on-quarter, aligning with the annual rise of 5.8 %. Operating profit, while up 200 % compared to last year, faced a quarter-on-quarter increase of 1.54 %, 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 23.31 %, but an expansion of 5.06 % sequentially. Other income rose by 34.03 % compared to the last quarter, despite an annual growth of 3610.53 %. 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 538.1 % but saw an increase from the preceding quarter by 18.58 %.
with a more notable quarter-on-quarter decrease of -16.32 %. Net profit rose by 509.09 % year-on-year but experienced a 52.27 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 557.14 % but a quarterly rise of 53.33 %. In summary, Hybrid Financial Services 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. 0.913 Cr | Rs. 1.535 Cr | Rs. 1.392 Cr | -9.32 % | + 52.46 % |
Expenses | Rs. 0.69 Cr | Rs. 0.89 Cr | Rs. 0.73 Cr | -17.98 % | + 5.8 % |
Operating Profit | Rs. 0.22 Cr | Rs. 0.65 Cr | Rs. 0.66 Cr | + 1.54 % | + 200 % |
Net Profit | Rs. 0.22 Cr | Rs. 0.88 Cr | Rs. 1.34 Cr | + 52.27 % | + 509.09 % |
EPS in Rs | Rs. 0.07 | Rs. 0.3 | Rs. 0.46 | + 53.33 % | + 557.14 % |
In reviewing Hybrid Financial Services Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 52.46 % year-on-year growth, although there was a slight dip of -9.32 % from the previous quarter. Expenses rose by 5.8 % compared to the previous year, with a decrease of -17.98 % quarter-on-quarter. Operating Profit surged by 200 % annually, and saw a 1.54 % increase from the last quarter.
Net Profit showed yearly increase of 509.09 %, and experienced a 52.27 % increase from the previous quarter. Earnings Per Share (EPS) rose by 557.14 % annually, however rose by 53.33 % compared to the last quarter. In essence, while Hybrid Financial Services 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.