Share the post "Pan Electronics India ‘s Q1 Report: Revenue Rises by 10.3% YoY"
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 10.3 % in the past year, decrease in net sales/revenue by -54.58 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pan Electronics India Ltd.. Profit dropped by -17.14 % Year to Year, Pan Electronics India Ltd.’s profitability dropped by -71.88 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -71.62 % 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. 0.602 Cr | Rs. 1.462 Cr | Rs. 0.664 Cr | -54.58 % | + 10.3 % |
Expenses | Rs. 1.18 Cr | Rs. 3.12 Cr | Rs. 1.12 Cr | -64.1 % | -5.08 % |
Operating Profit | Rs. -0.58 Cr | Rs. -1.66 Cr | Rs. -0.46 Cr | + 72.29 % | + 20.69 % |
OPM % | -96.35 % | -113.54 % | -69.28 % | + 44.26 % | + 27.07 % |
Other Income | Rs. 0.015 Cr | Rs. 0.003 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.19 Cr | Rs. 0.52 Cr | Rs. 0.16 Cr | -69.23 % | -15.79 % |
Depreciation | Rs. 0.27 Cr | Rs. 0.81 Cr | Rs. 0.22 Cr | -72.84 % | -18.52 % |
Profit before tax | Rs. -1.03 Cr | Rs. -2.99 Cr | Rs. -0.84 Cr | + 71.91 % | + 18.45 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -1.02 Cr | Rs. -2.99 Cr | Rs. -0.84 Cr | + 71.91 % | + 17.65 % |
EPS in Rs | Rs. 0 | Rs. -0.74 | Rs. -0.21 | + 71.62 % | 0 % |
Today, we’re looking at Pan Electronics India Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.3 %. However, it did see a marginal slip of -54.58 % from the previous quarter. Expenses decreased slightly by -64.1 % quarter-on-quarter, aligning with the annual decline of -5.08 %. Operating profit, while up 20.69 % compared to last year, faced a quarter-on-quarter increase of 72.29 %, 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 27.07 %, but an expansion of 44.26 % sequentially. Interest expenses dropped significantly by -69.23 % from the previous quarter, yet the year-over-year decrease remains at a moderate -15.79 %. Depreciation costs fell by -72.84 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -18.52 %. Profit before tax grew annually by 18.45 % but saw an increase from the preceding quarter by 71.91 %.
Net profit rose by 17.65 % year-on-year but experienced a 71.91 % expansion from the last quarter. but a quarterly rise of 71.62 %. In summary, Pan Electronics India 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. 0.602 Cr | Rs. 1.462 Cr | Rs. 0.664 Cr | -54.58 % | + 10.3 % |
Expenses | Rs. 1.18 Cr | Rs. 3.12 Cr | Rs. 1.12 Cr | -64.1 % | -5.08 % |
Operating Profit | Rs. -0.58 Cr | Rs. -1.66 Cr | Rs. -0.46 Cr | + 72.29 % | + 20.69 % |
Net Profit | Rs. -1.02 Cr | Rs. -2.99 Cr | Rs. -0.84 Cr | + 71.91 % | + 17.65 % |
EPS in Rs | Rs. 0 | Rs. -0.74 | Rs. -0.21 | + 71.62 % | 0 % |
In reviewing Pan Electronics India Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.3 % year-on-year growth, although there was a slight dip of -54.58 % from the previous quarter. Expenses decreased by -5.08 % compared to the previous year, with a decrease of -64.1 % quarter-on-quarter. Operating Profit surged by 20.69 % annually, and saw a 72.29 % increase from the last quarter.
Net Profit showed yearly increase of 17.65 %, and experienced a 71.91 % increase from the previous quarter. however rose by 71.62 % compared to the last quarter. In essence, while Pan Electronics India 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.
[my_shortcode1]