Share the post "Narmada Macplast Drip Irrigation Sy announced Financial Results Q1 2024-25"
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 33.33 %. Marginal increase in other income during this quarter, up by 189.66%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Narmada Macplast Drip Irrigation Sy. Profit dropped by -44.44 % Year to Year, Narmada Macplast Drip Irrigation Sy’s profitability dropped by -116.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -50.00 % Year to Year. EPS decreased by -112.5 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0.342 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.04 Cr | Rs. 0.38 Cr | Rs. 0.06 Cr | -84.21 % | + 50 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.04 Cr | Rs. -0.06 Cr | -50 % | -50 % |
OPM % | 0 % | -11.7 % | 0 % | + 11.7 % | 0 % |
Other Income | Rs. 0.063 Cr | Rs. 0.029 Cr | Rs. 0.084 Cr | + 189.66 % | + 33.33 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
Profit before tax | Rs. 0.01 Cr | Rs. -0.03 Cr | Rs. 0 Cr | 0 % | 0 % |
Tax % | 20 % | -14.81 % | 0 % | + 14.81 % | -20 % |
Net Profit | Rs. 0.01 Cr | Rs. -0.03 Cr | Rs. 0.01 Cr | + 133.33 % | + 0 % |
EPS in Rs | Rs. 0.02 | Rs. -0.08 | Rs. 0.01 | + 112.5 % | -50 % |
Today, we’re looking at Narmada Macplast Drip Irrigation Sy’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -84.21 % quarter-on-quarter, aligning with the annual rise of 50 %. Operating profit, while down -50 % compared to last year, faced a quarter-on-quarter dip of -50 %, signaling a short-term contraction in margins.
but an expansion of 11.7 % sequentially. Other income rose by 189.66 % compared to the last quarter, despite an annual growth of 33.33 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter,
Tax expenses as a percentage of profits decreased slightly by -20 % compared to last year, with a more notable quarter-on-quarter increase of 14.81 %. Net profit rose by 0 % year-on-year but experienced a 133.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50 % but a quarterly rise of 112.5 %. In summary, Narmada Macplast Drip Irrigation Sy’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. 0.342 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.04 Cr | Rs. 0.38 Cr | Rs. 0.06 Cr | -84.21 % | + 50 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.04 Cr | Rs. -0.06 Cr | -50 % | -50 % |
Net Profit | Rs. 0.01 Cr | Rs. -0.03 Cr | Rs. 0.01 Cr | + 133.33 % | + 0 % |
EPS in Rs | Rs. 0.02 | Rs. -0.08 | Rs. 0.01 | + 112.5 % | -50 % |
In reviewing Narmada Macplast Drip Irrigation Sy’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 50 % compared to the previous year, with a decrease of -84.21 % quarter-on-quarter. Operating Profit dropped by -50 % annually, and saw a -50 % decrease from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a 133.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -50 % annually, however rose by 112.5 % compared to the last quarter. In essence, while Narmada Macplast Drip Irrigation Sy 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.
[my_shortcode1 values=”Narmada Macplast Drip Irrigation Sy “]