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PARLE INDUSTRIES : Q4 2024 Financial Quarterly Report

June 24, 2024June 24, 2024| adminadmin| 0 Comments| 7:25 pm
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Highlights

  • Sales over the Year and quarter:
  • Income over the Year and quarter: There has been decline in other income over the past year which is -32 %, Marginal increase in other income during this quarter, up by 6.25%.
  • Profit over the Year and quarter: Significant improvement in profitability for PARLE INDUSTRIES LIMITED. Notable increase of 542.86 % in net profit Year to Year, PARLE INDUSTRIES LIMITED’s profitability dropped by -29.69 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 200.00 % Year to Year. EPS decreased by -40 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of PARLE INDUSTRIES LIMITED”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0.105 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.24 Cr Rs. 0.1 Cr Rs. 0.05 Cr -50 % -79.17 %
Operating Profit Rs. -0.14 Cr Rs. -0.1 Cr Rs. -0.05 Cr + 50 % + 64.29 %
OPM % -133.33 % 0 % 0 % 0 % + 133.33 %
Other Income Rs. 0.25 Cr Rs. 0.16 Cr Rs. 0.17 Cr + 6.25 % -32 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0.02 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0.04 Cr 0 % 0 %
Profit before tax Rs. 0.11 Cr Rs. 0.06 Cr Rs. 0.06 Cr + 0 % -45.45 %
Tax % 89.33 % 0 % 13.46 % + 13.46 % -75.87 %
Net Profit Rs. 0.01 Cr Rs. 0.06 Cr Rs. 0.05 Cr -16.67 % + 400 %
EPS in Rs Rs. 0.01 Rs. 0.05 Rs. 0.03 -40 % + 200 %


Today, we’re looking at PARLE INDUSTRIES LIMITED’s financial performance for the Q4(Mar 2024).Expenses decreased slightly by -50 % quarter-on-quarter, aligning with the annual decline of -79.17 %. Operating profit, while up 64.29 % compared to last year, faced a quarter-on-quarter increase of 50 %, 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 133.33 %, Other income rose by 6.25 % compared to the last quarter, despite an annual decline of -32 %. Profit before tax declined annually by -45.45 % but saw an increase from the preceding quarter by 0 %.
Tax expenses as a percentage of profits decreased slightly by -75.87 % compared to last year, with a more notable quarter-on-quarter increase of 13.46 %. Net profit rose by 400 % year-on-year but witnessed a -16.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 200 % but a quarterly fall of -40 %. In summary, PARLE INDUSTRIES 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. 0.105 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.24 Cr Rs. 0.1 Cr Rs. 0.05 Cr -50 % -79.17 %
Operating Profit Rs. -0.14 Cr Rs. -0.1 Cr Rs. -0.05 Cr + 50 % + 64.29 %
Net Profit Rs. 0.01 Cr Rs. 0.06 Cr Rs. 0.05 Cr -16.67 % + 400 %
EPS in Rs Rs. 0.01 Rs. 0.05 Rs. 0.03 -40 % + 200 %


In reviewing PARLE INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -79.17 % compared to the previous year, with a decrease of -50 % quarter-on-quarter. Operating Profit surged by 64.29 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly increase of 400 %, and experienced a -16.67 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 200 % annually, however dipped by -40 % compared to the last quarter. In essence, while PARLE INDUSTRIES 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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