Highlights
- Sales over the Year and quarter:
- 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 0 %. Marginal decrease of -5.56% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pasari Spinning Mills Ltd.. Profit dropped by -118.36 % Year to Year, Pasari Spinning Mills Ltd.’s profitability dropped by -12.15 % 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 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.67 Cr | Rs. 0.04 Cr | Rs. 0.08 Cr | + 100 % | -88.06 % |
| Operating Profit | Rs. -0.67 Cr | Rs. -0.04 Cr | Rs. -0.08 Cr | -100 % | + 88.06 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.17 Cr | Rs. 0.18 Cr | Rs. 0.17 Cr | -5.56 % | + 0 % |
| Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.53 Cr | Rs. 0.11 Cr | Rs. 0.07 Cr | -36.36 % | + 113.21 % |
| Tax % | -3.03 % | 0 % | 21.79 % | + 21.79 % | + 24.82 % |
| Net Profit | Rs. -0.51 Cr | Rs. 0.11 Cr | Rs. 0.09 Cr | -18.18 % | + 117.65 % |
| EPS in Rs | Rs. -0.37 | Rs. 0.08 | Rs. 0.07 | -12.5 % | + 118.92 % |
Today, we’re looking at Pasari Spinning Mills Ltd.’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 100 % quarter-on-quarter, aligning with the annual decline of -88.06 %. Operating profit, while up 88.06 % compared to last year, faced a quarter-on-quarter dip of -100 %, signaling a short-term contraction in margins.
Other income fell by -5.56 % compared to the last quarter, despite an annual growth of 0 %. 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 113.21 % but saw a reduction from the preceding quarter by -36.36 %.
Tax expenses as a percentage of profits increased slightly by 24.82 % compared to last year, with a more notable quarter-on-quarter increase of 21.79 %. Net profit rose by 117.65 % year-on-year but witnessed a -18.18 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 118.92 % but a quarterly fall of -12.5 %. In summary, Pasari Spinning Mills 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 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.67 Cr | Rs. 0.04 Cr | Rs. 0.08 Cr | + 100 % | -88.06 % |
| Operating Profit | Rs. -0.67 Cr | Rs. -0.04 Cr | Rs. -0.08 Cr | -100 % | + 88.06 % |
| Net Profit | Rs. -0.51 Cr | Rs. 0.11 Cr | Rs. 0.09 Cr | -18.18 % | + 117.65 % |
| EPS in Rs | Rs. -0.37 | Rs. 0.08 | Rs. 0.07 | -12.5 % | + 118.92 % |
In reviewing Pasari Spinning Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -88.06 % compared to the previous year, with a 100 % increase quarter-on-quarter. Operating Profit surged by 88.06 % annually, and saw a -100 % decrease from the last quarter.
Net Profit showed yearly increase of 117.65 %, and experienced a -18.18 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 118.92 % annually, however dipped by -12.5 % compared to the last quarter. In essence, while Pasari Spinning Mills Ltd. 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.
