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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 100 %. Marginal increase in other income during this quarter, up by 1833.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Padam Cotton Yarns Ltd.. Profit dropped by -95.47 % Year to Year, Padam Cotton Yarns Ltd.’s profitability dropped by -96.46 % Quarter to Quarter.
- EPS over the Year and quarter:
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 0.005 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.31 Cr | Rs. 0.22 Cr | Rs. 0.07 Cr | -68.18 % | -77.42 % |
| Operating Profit | Rs. -0.31 Cr | Rs. -0.22 Cr | Rs. -0.07 Cr | + 68.18 % | + 77.42 % |
| OPM % | 0 % | -4400 % | 0 % | + 4400 % | 0 % |
| Other Income | Rs. 0.026 Cr | Rs. -0.003 Cr | Rs. 0.052 Cr | + 1833.33 % | + 100 % |
| Interest | Rs. 0 Cr | Rs. 0.23 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.28 Cr | Rs. -0.45 Cr | Rs. -0.02 Cr | + 95.56 % | + 92.86 % |
| Tax % | -0 % | -18.76 % | -0 % | + 18.76 % | 0 % |
| Net Profit | Rs. -0.29 Cr | Rs. -0.37 Cr | Rs. -0.01 Cr | + 97.3 % | + 96.55 % |
| EPS in Rs | Rs. 0 | Rs. -5.14 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Padam Cotton Yarns Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -68.18 % quarter-on-quarter, aligning with the annual decline of -77.42 %. Operating profit, while up 77.42 % compared to last year, faced a quarter-on-quarter increase of 68.18 %, signaling a short-term expansion in margins.
but an expansion of 4400 % sequentially. Other income rose by 1833.33 % compared to the last quarter, despite an annual growth of 100 %. Profit before tax grew annually by 92.86 % but saw an increase from the preceding quarter by 95.56 %.
with a more notable quarter-on-quarter increase of 18.76 %. Net profit rose by 96.55 % year-on-year but experienced a 97.3 % expansion from the last quarter. In summary, Padam Cotton Yarns 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. 0.005 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.31 Cr | Rs. 0.22 Cr | Rs. 0.07 Cr | -68.18 % | -77.42 % |
| Operating Profit | Rs. -0.31 Cr | Rs. -0.22 Cr | Rs. -0.07 Cr | + 68.18 % | + 77.42 % |
| Net Profit | Rs. -0.29 Cr | Rs. -0.37 Cr | Rs. -0.01 Cr | + 97.3 % | + 96.55 % |
| EPS in Rs | Rs. 0 | Rs. -5.14 | Rs. 0 | 0 % | 0 % |
In reviewing Padam Cotton Yarns Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -77.42 % compared to the previous year, with a decrease of -68.18 % quarter-on-quarter. Operating Profit surged by 77.42 % annually, and saw a 68.18 % increase from the last quarter.
Net Profit showed yearly increase of 96.55 %, and experienced a 97.3 % increase from the previous quarter. In essence, while Padam Cotton Yarns Ltd. 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.
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