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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 65.88 % in the past year, substantial increase in net sales/revenue by 194.31 %.
- Profit over the Year and quarter: Significant improvement in profitability for NEXUS SURGICAL AND MEDICARE LIMITED. Notable increase of 233.33 % in net profit Year to Year, NEXUS SURGICAL AND MEDICARE LIMITED’s profitability increased by 55.17 % in this quarter.
- EPS over the Year and quarter: EPS increased by 220.00 % Year to Year. EPS increased by 45.45 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.061 Cr | Rs. 0.598 Cr | Rs. 1.76 Cr | + 194.31 % | + 65.88 % |
| Expenses | Rs. 1.03 Cr | Rs. 0.51 Cr | Rs. 1.64 Cr | + 221.57 % | + 59.22 % |
| Operating Profit | Rs. 0.03 Cr | Rs. 0.09 Cr | Rs. 0.12 Cr | + 33.33 % | + 300 % |
| OPM % | 2.83 % | 15.05 % | 6.82 % | -8.23 % | + 3.99 % |
| Other Income | Rs. 0.008 Cr | Rs. -0.005 Cr | Rs. 0 Cr | 0 % | 0 % |
| 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. 0.04 Cr | Rs. 0.09 Cr | Rs. 0.12 Cr | + 33.33 % | + 200 % |
| Tax % | 25 % | 30.12 % | 25 % | -5.12 % | + 0 % |
| Net Profit | Rs. 0.03 Cr | Rs. 0.06 Cr | Rs. 0.09 Cr | + 50 % | + 200 % |
| EPS in Rs | Rs. 0.05 | Rs. 0.11 | Rs. 0.16 | + 45.45 % | + 220 % |
Today, we’re looking at NEXUS SURGICAL AND MEDICARE LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 65.88 %. However, it did see a marginal increase of 194.31 % from the previous quarter. Expenses ticked up slightly by 221.57 % quarter-on-quarter, aligning with the annual rise of 59.22 %. Operating profit, while up 300 % compared to last year, faced a quarter-on-quarter increase of 33.33 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.99 %, but a shrinkage of -8.23 % sequentially. Profit before tax grew annually by 200 % but saw an increase from the preceding quarter by 33.33 %.
Tax expenses as a percentage of profits increased slightly by 0 % compared to last year, with a more notable quarter-on-quarter decrease of -5.12 %. Net profit rose by 200 % year-on-year but experienced a 50 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 220 % but a quarterly rise of 45.45 %. In summary, NEXUS SURGICAL AND MEDICARE 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. 1.061 Cr | Rs. 0.598 Cr | Rs. 1.76 Cr | + 194.31 % | + 65.88 % |
| Expenses | Rs. 1.03 Cr | Rs. 0.51 Cr | Rs. 1.64 Cr | + 221.57 % | + 59.22 % |
| Operating Profit | Rs. 0.03 Cr | Rs. 0.09 Cr | Rs. 0.12 Cr | + 33.33 % | + 300 % |
| Net Profit | Rs. 0.03 Cr | Rs. 0.06 Cr | Rs. 0.09 Cr | + 50 % | + 200 % |
| EPS in Rs | Rs. 0.05 | Rs. 0.11 | Rs. 0.16 | + 45.45 % | + 220 % |
In reviewing NEXUS SURGICAL AND MEDICARE LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 65.88 % year-on-year growth, however, there was a minor increase of 194.31 % from the previous quarter. Expenses rose by 59.22 % compared to the previous year, with a 221.57 % increase quarter-on-quarter. Operating Profit surged by 300 % annually, and saw a 33.33 % increase from the last quarter.
Net Profit showed yearly increase of 200 %, and experienced a 50 % increase from the previous quarter. Earnings Per Share (EPS) rose by 220 % annually, however rose by 45.45 % compared to the last quarter. In essence, while NEXUS SURGICAL AND MEDICARE LIMITED exhibits strong annual growth 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.
