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Highlights
- Sales over the Year and quarter:
- 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 79.17 %. Marginal increase in other income during this quarter, up by 59.26%.
- Profit over the Year and quarter: Challenges in sustaining profitability for KANUNGO FINANCIERS LIMITED. Profit dropped by -425 % Year to Year, KANUNGO FINANCIERS LIMITED’s profitability increased by 495.83 % in this quarter.
- EPS over the Year and quarter: EPS declined by -444.44 % Year to Year. EPS increased by 520 % 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. 0.04 Cr | Rs. 0.02 Cr | Rs. 0.03 Cr | + 50 % | -25 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.02 Cr | Rs. -0.03 Cr | -50 % | + 25 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.24 Cr | Rs. 0.27 Cr | Rs. 0.43 Cr | + 59.26 % | + 79.17 % |
Interest | Rs. 0.2 Cr | Rs. 0.18 Cr | Rs. 0.21 Cr | + 16.67 % | + 5 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0 Cr | Rs. 0.07 Cr | Rs. 0.19 Cr | + 171.43 % | 0 % |
Tax % | -256.25 % | 66.67 % | 25.13 % | -41.54 % | + 281.38 % |
Net Profit | Rs. -0.04 Cr | Rs. 0.02 Cr | Rs. 0.14 Cr | + 600 % | + 450 % |
EPS in Rs | Rs. -0.09 | Rs. 0.05 | Rs. 0.31 | + 520 % | + 444.44 % |
Today, we’re looking at KANUNGO FINANCIERS LIMITED’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 50 % quarter-on-quarter, aligning with the annual decline of -25 %. Operating profit, while up 25 % compared to last year, faced a quarter-on-quarter dip of -50 %, signaling a short-term contraction in margins.
Other income rose by 59.26 % compared to the last quarter, despite an annual growth of 79.17 %. Interest expenses surged remarkably by 16.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 5 %. but saw an increase from the preceding quarter by 171.43 %.
Tax expenses as a percentage of profits increased slightly by 281.38 % compared to last year, with a more notable quarter-on-quarter decrease of -41.54 %. Net profit rose by 450 % year-on-year but experienced a 600 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 444.44 % but a quarterly rise of 520 %. In summary, KANUNGO FINANCIERS 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.04 Cr | Rs. 0.02 Cr | Rs. 0.03 Cr | + 50 % | -25 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.02 Cr | Rs. -0.03 Cr | -50 % | + 25 % |
Net Profit | Rs. -0.04 Cr | Rs. 0.02 Cr | Rs. 0.14 Cr | + 600 % | + 450 % |
EPS in Rs | Rs. -0.09 | Rs. 0.05 | Rs. 0.31 | + 520 % | + 444.44 % |
In reviewing KANUNGO FINANCIERS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -25 % compared to the previous year, with a 50 % increase quarter-on-quarter. Operating Profit surged by 25 % annually, and saw a -50 % decrease from the last quarter.
Net Profit showed yearly increase of 450 %, and experienced a 600 % increase from the previous quarter. Earnings Per Share (EPS) rose by 444.44 % annually, however rose by 520 % compared to the last quarter. In essence, while KANUNGO FINANCIERS 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.