Share the post "NCC Bluewater Products ‘s Q1 Results: Profit Drops by 28.57% YoY"
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 decline in other income over the past year which is -19.66 %, Marginal decrease of -29.9% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for NCC Bluewater Products Ltd.. Profit dropped by -35.71 % Year to Year, NCC Bluewater Products Ltd.’s profitability dropped by -64.84 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -33.33 % Year to Year. EPS decreased by -64.71 % 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 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.08 Cr | Rs. 0.03 Cr | Rs. 0.08 Cr | + 166.67 % | + 0 % |
Operating Profit | Rs. -0.08 Cr | Rs. -0.03 Cr | Rs. -0.08 Cr | -166.67 % | + 0 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.178 Cr | Rs. 0.204 Cr | Rs. 0.143 Cr | -29.9 % | -19.66 % |
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. 0.1 Cr | Rs. 0.17 Cr | Rs. 0.06 Cr | -64.71 % | -40 % |
Tax % | 26.32 % | 26.01 % | 26.67 % | + 0.66 % | + 0.35 % |
Net Profit | Rs. 0.07 Cr | Rs. 0.13 Cr | Rs. 0.05 Cr | -61.54 % | -28.57 % |
EPS in Rs | Rs. 0.09 | Rs. 0.17 | Rs. 0.06 | -64.71 % | -33.33 % |
Today, we’re looking at NCC Bluewater Products Ltd.’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 166.67 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -166.67 %, signaling a short-term contraction in margins.
Other income fell by -29.9 % compared to the last quarter, despite an annual decline of -19.66 %. Profit before tax declined annually by -40 % but saw a reduction from the preceding quarter by -64.71 %.
Tax expenses as a percentage of profits increased slightly by 0.35 % compared to last year, with a more notable quarter-on-quarter increase of 0.66 %. Net profit fell by -28.57 % year-on-year but witnessed a -61.54 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -33.33 % but a quarterly fall of -64.71 %. In summary, NCC Bluewater Products Ltd.’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. 0.03 Cr | Rs. 0.08 Cr | + 166.67 % | + 0 % |
Operating Profit | Rs. -0.08 Cr | Rs. -0.03 Cr | Rs. -0.08 Cr | -166.67 % | + 0 % |
Net Profit | Rs. 0.07 Cr | Rs. 0.13 Cr | Rs. 0.05 Cr | -61.54 % | -28.57 % |
EPS in Rs | Rs. 0.09 | Rs. 0.17 | Rs. 0.06 | -64.71 % | -33.33 % |
In reviewing NCC Bluewater Products Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a 166.67 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -166.67 % decrease from the last quarter.
Net Profit showed yearly decrease of -28.57 %, and experienced a -61.54 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -33.33 % annually, however dipped by -64.71 % compared to the last quarter. In essence, while NCC Bluewater Products Ltd. 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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