Patidar Buildcon announces Q1 Report: Revenue Dropped by 75% YoY

The comprehensive analytics outlining the performance and outlook of Patidar Buildcon 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.

Today, we’re looking at Patidar Buildcon Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -75 %. However, it did see a marginal increase of 925 % from the previous quarter. Expenses ticked up slightly by 33.33 % quarter-on-quarter, aligning with the annual decline of -40.74 %. Operating profit, while down -9.09 % compared to last year, faced a quarter-on-quarter increase of 0 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -225.61 %, but an expansion of 2707.32 % sequentially. Other income fell by -28.47 % compared to the last quarter, despite an annual decline of -14.04 %. but saw a reduction from the preceding quarter by -250 %.
Tax expenses as a percentage of profits decreased slightly by -29.35 % compared to last year, with a more notable quarter-on-quarter decrease of -65.46 %. but witnessed a -300 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -500 % but a quarterly fall of -500 %. In summary, Patidar Buildcon Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Patidar Buildcon Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -75 % year-on-year, however, there was a minor increase of 925 % from the previous quarter. Expenses decreased by -40.74 % compared to the previous year, with a 33.33 % increase quarter-on-quarter. Operating Profit dropped by -9.09 % annually, and saw a 0 % increase from the last quarter.
and experienced a -300 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -500 % annually, however dipped by -500 % compared to the last quarter. In essence, while Patidar Buildcon Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.