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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- 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 1.75 %. Marginal increase in other income during this quarter, up by 3.57%.
- Profit over the Year and quarter: Significant improvement in profitability for Looks Health Services Limited. Notable increase of 5100 % in net profit Year to Year, Looks Health Services Limited’s profitability increased by 477.78 % in this quarter.
- EPS over the Year and quarter: EPS increased by 400 % 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. 0.08 Cr | Rs. 0.09 Cr | Rs. 0.14 Cr | + 55.56 % | + 75 % |
| Operating Profit | Rs. -0.08 Cr | Rs. -0.09 Cr | Rs. -0.14 Cr | -55.56 % | -75 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.114 Cr | Rs. 0.112 Cr | Rs. 0.116 Cr | + 3.57 % | + 1.75 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.01 Cr | Rs. -0.02 Cr | Rs. -0.06 Cr | -200 % | -500 % |
| Tax % | -0 % | -25 % | -10.53 % | + 14.47 % | -10.53 % |
| Net Profit | Rs. -0 Cr | Rs. -0.01 Cr | Rs. -0.05 Cr | -400 % | 0 % |
| EPS in Rs | Rs. 0 | Rs. -0.01 | Rs. -0.05 | -400 % | 0 % |
Today, we’re looking at Looks Health Services Limited’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 55.56 % quarter-on-quarter, aligning with the annual rise of 75 %. Operating profit, while down -75 % compared to last year, faced a quarter-on-quarter dip of -55.56 %, signaling a short-term contraction in margins.
Other income rose by 3.57 % compared to the last quarter, despite an annual growth of 1.75 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -500 % but saw a reduction from the preceding quarter by -200 %.
Tax expenses as a percentage of profits decreased slightly by -10.53 % compared to last year, with a more notable quarter-on-quarter increase of 14.47 %. but witnessed a -400 % contraction from the last quarter. but a quarterly fall of -400 %. In summary, Looks Health 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.08 Cr | Rs. 0.09 Cr | Rs. 0.14 Cr | + 55.56 % | + 75 % |
| Operating Profit | Rs. -0.08 Cr | Rs. -0.09 Cr | Rs. -0.14 Cr | -55.56 % | -75 % |
| Net Profit | Rs. -0 Cr | Rs. -0.01 Cr | Rs. -0.05 Cr | -400 % | 0 % |
| EPS in Rs | Rs. 0 | Rs. -0.01 | Rs. -0.05 | -400 % | 0 % |
In reviewing Looks Health Services Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 75 % compared to the previous year, with a 55.56 % increase quarter-on-quarter. Operating Profit dropped by -75 % annually, and saw a -55.56 % decrease from the last quarter.
and experienced a -400 % decrease from the previous quarter. however dipped by -400 % compared to the last quarter. In essence, while Looks Health Services 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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