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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 21.37 % in the past year, decrease in net sales/revenue by -28.52 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -1.79 %, Marginal increase in other income during this quarter, up by 125.82%.
- Profit over the Year and quarter: Challenges in sustaining profitability for PANABYTE TECHNOLOGIES LIMITED. Profit dropped by -107.55 % Year to Year, PANABYTE TECHNOLOGIES LIMITED’s profitability dropped by -81.61 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -108.33 % Year to Year. EPS decreased by -80 % 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. 0.791 Cr | Rs. 1.343 Cr | Rs. 0.96 Cr | -28.52 % | + 21.37 % |
| Expenses | Rs. 0.99 Cr | Rs. 0.92 Cr | Rs. 0.89 Cr | -3.26 % | -10.1 % |
| Operating Profit | Rs. -0.2 Cr | Rs. 0.42 Cr | Rs. 0.07 Cr | -83.33 % | + 135 % |
| OPM % | -25.28 % | 31.27 % | 7.29 % | -23.98 % | + 32.57 % |
| Other Income | Rs. 0.056 Cr | Rs. -0.213 Cr | Rs. 0.055 Cr | + 125.82 % | -1.79 % |
| Interest | Rs. 0.11 Cr | Rs. 0.1 Cr | Rs. 0.08 Cr | -20 % | -27.27 % |
| Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.28 Cr | Rs. 0.08 Cr | Rs. 0.02 Cr | -75 % | + 107.14 % |
| Tax % | -25.09 % | 7.41 % | 23.08 % | + 15.67 % | + 48.17 % |
| Net Profit | Rs. -0.21 Cr | Rs. 0.09 Cr | Rs. 0.02 Cr | -77.78 % | + 109.52 % |
| EPS in Rs | Rs. -0.48 | Rs. 0.2 | Rs. 0.04 | -80 % | + 108.33 % |
Today, we’re looking at PANABYTE TECHNOLOGIES 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 21.37 %. However, it did see a marginal slip of -28.52 % from the previous quarter. Expenses decreased slightly by -3.26 % quarter-on-quarter, aligning with the annual decline of -10.1 %. Operating profit, while up 135 % compared to last year, faced a quarter-on-quarter dip of -83.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 32.57 %, but a shrinkage of -23.98 % sequentially. Other income rose by 125.82 % compared to the last quarter, despite an annual decline of -1.79 %. Interest expenses dropped significantly by -20 % from the previous quarter, yet the year-over-year decrease remains at a moderate -27.27 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 107.14 % but saw a reduction from the preceding quarter by -75 %.
Tax expenses as a percentage of profits increased slightly by 48.17 % compared to last year, with a more notable quarter-on-quarter increase of 15.67 %. Net profit rose by 109.52 % year-on-year but witnessed a -77.78 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 108.33 % but a quarterly fall of -80 %. In summary, PANABYTE TECHNOLOGIES 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. 0.791 Cr | Rs. 1.343 Cr | Rs. 0.96 Cr | -28.52 % | + 21.37 % |
| Expenses | Rs. 0.99 Cr | Rs. 0.92 Cr | Rs. 0.89 Cr | -3.26 % | -10.1 % |
| Operating Profit | Rs. -0.2 Cr | Rs. 0.42 Cr | Rs. 0.07 Cr | -83.33 % | + 135 % |
| Net Profit | Rs. -0.21 Cr | Rs. 0.09 Cr | Rs. 0.02 Cr | -77.78 % | + 109.52 % |
| EPS in Rs | Rs. -0.48 | Rs. 0.2 | Rs. 0.04 | -80 % | + 108.33 % |
In reviewing PANABYTE TECHNOLOGIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.37 % year-on-year growth, although there was a slight dip of -28.52 % from the previous quarter. Expenses decreased by -10.1 % compared to the previous year, with a decrease of -3.26 % quarter-on-quarter. Operating Profit surged by 135 % annually, and saw a -83.33 % decrease from the last quarter.
Net Profit showed yearly increase of 109.52 %, and experienced a -77.78 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 108.33 % annually, however dipped by -80 % compared to the last quarter. In essence, while PANABYTE TECHNOLOGIES LIMITED exhibits strong annual growth 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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