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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 0 %. Marginal increase in other income during this quarter, up by 2%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pioneer Agro Extracts ltd.. Profit dropped by -500 % Year to Year, Pioneer Agro Extracts ltd.’s profitability dropped by -126.67 % 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. 1.039 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.11 Cr | Rs. 1.25 Cr | Rs. 0.07 Cr | -94.4 % | -36.36 % |
Operating Profit | Rs. -0.11 Cr | Rs. -0.21 Cr | Rs. -0.07 Cr | + 66.67 % | + 36.36 % |
OPM % | 0 % | -20.21 % | 0 % | + 20.21 % | 0 % |
Other Income | Rs. 0.102 Cr | Rs. 0.1 Cr | Rs. 0.102 Cr | + 2 % | + 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.02 Cr | Rs. -0.12 Cr | Rs. 0.03 Cr | + 125 % | + 250 % |
Tax % | -0 % | -2.56 % | 0 % | + 2.56 % | 0 % |
Net Profit | Rs. -0.01 Cr | Rs. -0.12 Cr | Rs. 0.03 Cr | + 125 % | + 400 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0.07 | 0 % | 0 % |
Today, we’re looking at Pioneer Agro Extracts ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -94.4 % quarter-on-quarter, aligning with the annual decline of -36.36 %. Operating profit, while up 36.36 % compared to last year, faced a quarter-on-quarter increase of 66.67 %, signaling a short-term expansion in margins.
but an expansion of 20.21 % sequentially. Other income rose by 2 % compared to the last quarter, despite an annual growth of 0 %. Profit before tax grew annually by 250 % but saw an increase from the preceding quarter by 125 %.
with a more notable quarter-on-quarter increase of 2.56 %. Net profit rose by 400 % year-on-year but experienced a 125 % expansion from the last quarter. In summary, Pioneer Agro Extracts 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. 1.039 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.11 Cr | Rs. 1.25 Cr | Rs. 0.07 Cr | -94.4 % | -36.36 % |
Operating Profit | Rs. -0.11 Cr | Rs. -0.21 Cr | Rs. -0.07 Cr | + 66.67 % | + 36.36 % |
Net Profit | Rs. -0.01 Cr | Rs. -0.12 Cr | Rs. 0.03 Cr | + 125 % | + 400 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0.07 | 0 % | 0 % |
In reviewing Pioneer Agro Extracts ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -36.36 % compared to the previous year, with a decrease of -94.4 % quarter-on-quarter. Operating Profit surged by 36.36 % annually, and saw a 66.67 % increase from the last quarter.
Net Profit showed yearly increase of 400 %, and experienced a 125 % increase from the previous quarter. In essence, while Pioneer Agro Extracts ltd. 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.