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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 6.69 %. Marginal increase in other income during this quarter, up by 3.08%.
- Profit over the Year and quarter: Significant improvement in profitability for Paras Petrofils Limited. Notable increase of 5.24 % in net profit Year to Year, Paras Petrofils Limited’s profitability dropped by -118.2 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -125 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.11 Cr | Rs. 1.54 Cr | Rs. 0.11 Cr | -92.86 % | + 0 % |
| Operating Profit | Rs. -0.11 Cr | Rs. -1.54 Cr | Rs. -0.11 Cr | + 92.86 % | + 0 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.314 Cr | Rs. 0.325 Cr | Rs. 0.335 Cr | + 3.08 % | + 6.69 % |
| 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. 0.2 Cr | Rs. -1.22 Cr | Rs. 0.23 Cr | + 118.85 % | + 15 % |
| Tax % | 0 % | -0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 0.21 Cr | Rs. -1.21 Cr | Rs. 0.22 Cr | + 118.18 % | + 4.76 % |
| EPS in Rs | Rs. 0.01 | Rs. -0.04 | Rs. 0.01 | + 125 % | + 0 % |
Today, we’re looking at Paras Petrofils Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -92.86 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 92.86 %, signaling a short-term expansion in margins.
Other income rose by 3.08 % compared to the last quarter, despite an annual growth of 6.69 %. Profit before tax grew annually by 15 % but saw an increase from the preceding quarter by 118.85 %.
Net profit rose by 4.76 % year-on-year but experienced a 118.18 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 125 %. In summary, Paras Petrofils 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. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.11 Cr | Rs. 1.54 Cr | Rs. 0.11 Cr | -92.86 % | + 0 % |
| Operating Profit | Rs. -0.11 Cr | Rs. -1.54 Cr | Rs. -0.11 Cr | + 92.86 % | + 0 % |
| Net Profit | Rs. 0.21 Cr | Rs. -1.21 Cr | Rs. 0.22 Cr | + 118.18 % | + 4.76 % |
| EPS in Rs | Rs. 0.01 | Rs. -0.04 | Rs. 0.01 | + 125 % | + 0 % |
In reviewing Paras Petrofils Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a decrease of -92.86 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 92.86 % increase from the last quarter.
Net Profit showed yearly increase of 4.76 %, and experienced a 118.18 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 125 % compared to the last quarter. In essence, while Paras Petrofils 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.
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