Share the post "NDL Ventures announced Financial Results Q1 2024"
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 -7.29 %, Marginal decrease of -6.61% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for NDL Ventures Limited. Profit dropped by -63.03 % Year to Year, NDL Ventures Limited’s profitability dropped by -45.34 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -64.29 % Year to Year. EPS decreased by -50 % 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. 1.03 Cr | Rs. 1.22 Cr | Rs. 0.93 Cr | -23.77 % | -9.71 % |
| Operating Profit | Rs. -1.03 Cr | Rs. -1.22 Cr | Rs. -0.93 Cr | + 23.77 % | + 9.71 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 1.508 Cr | Rs. 1.497 Cr | Rs. 1.398 Cr | -6.61 % | -7.29 % |
| 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. 0.48 Cr | Rs. 0.28 Cr | Rs. 0.47 Cr | + 67.86 % | -2.08 % |
| Tax % | 0 % | 15.77 % | 62.55 % | + 46.78 % | + 62.55 % |
| Net Profit | Rs. 0.48 Cr | Rs. 0.32 Cr | Rs. 0.18 Cr | -43.75 % | -62.5 % |
| EPS in Rs | Rs. 0.14 | Rs. 0.1 | Rs. 0.05 | -50 % | -64.29 % |
Today, we’re looking at NDL Ventures Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -23.77 % quarter-on-quarter, aligning with the annual decline of -9.71 %. Operating profit, while up 9.71 % compared to last year, faced a quarter-on-quarter increase of 23.77 %, signaling a short-term expansion in margins.
Other income fell by -6.61 % compared to the last quarter, despite an annual decline of -7.29 %. Profit before tax declined annually by -2.08 % but saw an increase from the preceding quarter by 67.86 %.
Tax expenses as a percentage of profits increased slightly by 62.55 % compared to last year, with a more notable quarter-on-quarter increase of 46.78 %. Net profit fell by -62.5 % year-on-year but witnessed a -43.75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -64.29 % but a quarterly fall of -50 %. In summary, NDL Ventures 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. 1.03 Cr | Rs. 1.22 Cr | Rs. 0.93 Cr | -23.77 % | -9.71 % |
| Operating Profit | Rs. -1.03 Cr | Rs. -1.22 Cr | Rs. -0.93 Cr | + 23.77 % | + 9.71 % |
| Net Profit | Rs. 0.48 Cr | Rs. 0.32 Cr | Rs. 0.18 Cr | -43.75 % | -62.5 % |
| EPS in Rs | Rs. 0.14 | Rs. 0.1 | Rs. 0.05 | -50 % | -64.29 % |
In reviewing NDL Ventures Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -9.71 % compared to the previous year, with a decrease of -23.77 % quarter-on-quarter. Operating Profit surged by 9.71 % annually, and saw a 23.77 % increase from the last quarter.
Net Profit showed yearly decrease of -62.5 %, and experienced a -43.75 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -64.29 % annually, however dipped by -50 % compared to the last quarter. In essence, while NDL Ventures 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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