Share the post "Kotia Enterprises announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: decrease in net sales/revenue by -69.79 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -20.51 %, Marginal increase in other income during this quarter, up by 25.68%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kotia Enterprises Limited. Profit dropped by -525 % Year to Year, Kotia Enterprises Limited’s profitability increased by 10.87 % in this quarter.
- EPS over the Year and quarter: EPS declined by -450.00 % 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. 0.427 Cr | Rs. 0.129 Cr | -69.79 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 0.55 Cr | Rs. 0.27 Cr | -50.91 % | + 170 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.12 Cr | Rs. -0.14 Cr | -16.67 % | -40 % |
OPM % | 0 % | -28.1 % | -108.53 % | -80.43 % | -108.53 % |
Other Income | Rs. 0.117 Cr | Rs. 0.074 Cr | Rs. 0.093 Cr | + 25.68 % | -20.51 % |
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. 0.02 Cr | Rs. -0.05 Cr | Rs. -0.05 Cr | + 0 % | -350 % |
Tax % | 25 % | -0 % | -0 % | 0 % | -25 % |
Net Profit | Rs. 0.01 Cr | Rs. -0.05 Cr | Rs. -0.05 Cr | + 0 % | -600 % |
EPS in Rs | Rs. 0.02 | Rs. -0.07 | Rs. -0.07 | + 0 % | -450 % |
Today, we’re looking at Kotia Enterprises Limited’s financial performance for the Q1(Jun 2024).However, it did see a marginal slip of -69.79 % from the previous quarter. Expenses decreased slightly by -50.91 % quarter-on-quarter, aligning with the annual rise of 170 %. Operating profit, while down -40 % compared to last year, faced a quarter-on-quarter dip of -16.67 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -108.53 %, but a shrinkage of -80.43 % sequentially. Other income rose by 25.68 % compared to the last quarter, despite an annual decline of -20.51 %. Profit before tax declined annually by -350 % but saw an increase from the preceding quarter by 0 %.
Tax expenses as a percentage of profits decreased slightly by -25 % compared to last year, Net profit fell by -600 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -450 % but a quarterly rise of 0 %. In summary, Kotia Enterprises 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. 0.427 Cr | Rs. 0.129 Cr | -69.79 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 0.55 Cr | Rs. 0.27 Cr | -50.91 % | + 170 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.12 Cr | Rs. -0.14 Cr | -16.67 % | -40 % |
Net Profit | Rs. 0.01 Cr | Rs. -0.05 Cr | Rs. -0.05 Cr | + 0 % | -600 % |
EPS in Rs | Rs. 0.02 | Rs. -0.07 | Rs. -0.07 | + 0 % | -450 % |
In reviewing Kotia Enterprises Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -69.79 % from the previous quarter. Expenses rose by 170 % compared to the previous year, with a decrease of -50.91 % quarter-on-quarter. Operating Profit dropped by -40 % annually, and saw a -16.67 % decrease from the last quarter.
Net Profit showed yearly decrease of -600 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) fell by -450 % annually, however rose by 0 % compared to the last quarter. In essence, while Kotia Enterprises Limited faces strong annual decline 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.
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