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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: decrease in net sales/revenue by -3.67 %.
- 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 122.38 %. Marginal increase in other income during this quarter, up by 63.29%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Nila Spaces Limited. Profit dropped by -1126.91 % Year to Year, Nila Spaces Limited’s profitability increased by 17.4 % in this quarter.
- EPS over the Year and quarter: EPS declined by -700.00 % Year to Year. EPS increased by 0 % 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. 32.291 Cr | Rs. 31.106 Cr | -3.67 % | 0 % |
Expenses | Rs. 1.03 Cr | Rs. 26.57 Cr | Rs. 24.85 Cr | -6.47 % | + 2312.62 % |
Operating Profit | Rs. -1.03 Cr | Rs. 5.72 Cr | Rs. 6.26 Cr | + 9.44 % | + 707.77 % |
OPM % | 0 % | 17.71 % | 20.12 % | + 2.41 % | + 20.12 % |
Other Income | Rs. 0.724 Cr | Rs. 0.986 Cr | Rs. 1.61 Cr | + 63.29 % | + 122.38 % |
Interest | Rs. 0.01 Cr | Rs. 2.47 Cr | Rs. 3.01 Cr | + 21.86 % | + 30000 % |
Depreciation | Rs. 0.03 Cr | Rs. 1.09 Cr | Rs. 1.25 Cr | + 14.68 % | + 4066.67 % |
Profit before tax | Rs. -0.35 Cr | Rs. 3.15 Cr | Rs. 3.61 Cr | + 14.6 % | + 1131.43 % |
Tax % | -29.39 % | 29.62 % | 29.18 % | -0.44 % | + 58.57 % |
Net Profit | Rs. -0.25 Cr | Rs. 2.18 Cr | Rs. 2.56 Cr | + 17.43 % | + 1124 % |
EPS in Rs | Rs. -0.01 | Rs. 0.06 | Rs. 0.06 | + 0 % | + 700 % |
Today, we’re looking at Nila Spaces Limited’s financial performance for the Q1(Jun 2024).However, it did see a marginal slip of -3.67 % from the previous quarter. Expenses decreased slightly by -6.47 % quarter-on-quarter, aligning with the annual rise of 2312.62 %. Operating profit, while up 707.77 % compared to last year, faced a quarter-on-quarter increase of 9.44 %, 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 20.12 %, but an expansion of 2.41 % sequentially. Other income rose by 63.29 % compared to the last quarter, despite an annual growth of 122.38 %. Interest expenses surged remarkably by 21.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 30000 %. Depreciation costs climbed by 14.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4066.67 %. Profit before tax grew annually by 1131.43 % but saw an increase from the preceding quarter by 14.6 %.
Tax expenses as a percentage of profits increased slightly by 58.57 % compared to last year, with a more notable quarter-on-quarter decrease of -0.44 %. Net profit rose by 1124 % year-on-year but experienced a 17.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 700 % but a quarterly rise of 0 %. In summary, Nila Spaces 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. 32.291 Cr | Rs. 31.106 Cr | -3.67 % | 0 % |
Expenses | Rs. 1.03 Cr | Rs. 26.57 Cr | Rs. 24.85 Cr | -6.47 % | + 2312.62 % |
Operating Profit | Rs. -1.03 Cr | Rs. 5.72 Cr | Rs. 6.26 Cr | + 9.44 % | + 707.77 % |
Net Profit | Rs. -0.25 Cr | Rs. 2.18 Cr | Rs. 2.56 Cr | + 17.43 % | + 1124 % |
EPS in Rs | Rs. -0.01 | Rs. 0.06 | Rs. 0.06 | + 0 % | + 700 % |
In reviewing Nila Spaces Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -3.67 % from the previous quarter. Expenses rose by 2312.62 % compared to the previous year, with a decrease of -6.47 % quarter-on-quarter. Operating Profit surged by 707.77 % annually, and saw a 9.44 % increase from the last quarter.
Net Profit showed yearly increase of 1124 %, and experienced a 17.43 % increase from the previous quarter. Earnings Per Share (EPS) rose by 700 % annually, however rose by 0 % compared to the last quarter. In essence, while Nila Spaces 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.