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Prag Bosimi Synthetics ‘s Q1 Update: Profit Falls by 5.86% Year-on-Year

September 16, 2024September 16, 2024| adminadmin| 0 Comments| 1:05 pm
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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -99.32 %, Marginal increase in other income during this quarter, up by 100%.
  • Profit over the Year and quarter: Significant improvement in profitability for Prag Bosimi Synthetics Ltd.. Notable increase of 5.72 % in net profit Year to Year, Prag Bosimi Synthetics Ltd.’s profitability dropped by -35.17 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 6.45 % Year to Year. EPS decreased by -35.29 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Prag Bosimi Synthetics Ltd.‘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. 2.542 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 2.95 Cr Rs. 0.61 Cr Rs. 0.47 Cr -22.95 % -84.07 %
Operating Profit Rs. -0.41 Cr Rs. -0.61 Cr Rs. -0.47 Cr + 22.95 % -14.63 %
OPM % -16.13 % 0 % 0 % 0 % + 16.13 %
Other Income Rs. 0.296 Cr Rs. 0.001 Cr Rs. 0.002 Cr + 100 % -99.32 %
Interest Rs. 1.21 Cr Rs. 2.23 Cr Rs. 1.08 Cr -51.57 % -10.74 %
Depreciation Rs. 1.07 Cr Rs. 1.07 Cr Rs. 0.99 Cr -7.48 % -7.48 %
Profit before tax Rs. -2.39 Cr Rs. -3.91 Cr Rs. -2.54 Cr + 35.04 % -6.28 %
Tax % -0 % -0 % -0 % 0 % 0 %
Net Profit Rs. -2.39 Cr Rs. -3.9 Cr Rs. -2.53 Cr + 35.13 % -5.86 %
EPS in Rs Rs. -0.31 Rs. -0.51 Rs. -0.33 + 35.29 % -6.45 %


Today, we’re looking at Prag Bosimi Synthetics Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -22.95 % quarter-on-quarter, aligning with the annual decline of -84.07 %. Operating profit, while down -14.63 % compared to last year, faced a quarter-on-quarter increase of 22.95 %, 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 16.13 %, Other income rose by 100 % compared to the last quarter, despite an annual decline of -99.32 %. Interest expenses dropped significantly by -51.57 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.74 %. Depreciation costs fell by -7.48 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.48 %. Profit before tax declined annually by -6.28 % but saw an increase from the preceding quarter by 35.04 %.
Net profit fell by -5.86 % year-on-year but experienced a 35.13 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -6.45 % but a quarterly rise of 35.29 %. In summary, Prag Bosimi Synthetics 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. 2.542 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 2.95 Cr Rs. 0.61 Cr Rs. 0.47 Cr -22.95 % -84.07 %
Operating Profit Rs. -0.41 Cr Rs. -0.61 Cr Rs. -0.47 Cr + 22.95 % -14.63 %
Net Profit Rs. -2.39 Cr Rs. -3.9 Cr Rs. -2.53 Cr + 35.13 % -5.86 %
EPS in Rs Rs. -0.31 Rs. -0.51 Rs. -0.33 + 35.29 % -6.45 %


In reviewing Prag Bosimi Synthetics Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -84.07 % compared to the previous year, with a decrease of -22.95 % quarter-on-quarter. Operating Profit dropped by -14.63 % annually, and saw a 22.95 % increase from the last quarter.
Net Profit showed yearly decrease of -5.86 %, and experienced a 35.13 % increase from the previous quarter. Earnings Per Share (EPS) fell by -6.45 % annually, however rose by 35.29 % compared to the last quarter. In essence, while Prag Bosimi Synthetics Ltd. faces strong annual decline 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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