Share the post "Pratik Panels ‘s Q1 Update: Profit Grows by 171.43% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: decrease in net sales/revenue by -57.13 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 23.53%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pratik Panels Ltd.. Profit dropped by -163.89 % Year to Year, Pratik Panels Ltd.’s profitability dropped by -72.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -136.84 % Year to Year. EPS decreased by -83.33 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 1.794 Cr | Rs. 0.769 Cr | -57.13 % | 0 % |
Expenses | Rs. 0.07 Cr | Rs. 1.68 Cr | Rs. 0.79 Cr | -52.98 % | + 1028.57 % |
Operating Profit | Rs. -0.07 Cr | Rs. 0.11 Cr | Rs. -0.02 Cr | -118.18 % | + 71.43 % |
OPM % | 0 % | 6.13 % | -2.6 % | -8.73 % | -2.6 % |
Other Income | Rs. 0 Cr | Rs. 0.051 Cr | Rs. 0.063 Cr | + 23.53 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.07 Cr | Rs. 0.16 Cr | Rs. 0.04 Cr | -75 % | + 157.14 % |
Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -0.07 Cr | Rs. 0.17 Cr | Rs. 0.05 Cr | -70.59 % | + 171.43 % |
EPS in Rs | Rs. -0.02 | Rs. 0.42 | Rs. 0.07 | -83.33 % | + 450 % |
Today, we’re looking at Pratik Panels Ltd.’s financial performance for the Q1(Jun 2024).However, it did see a marginal slip of -57.13 % from the previous quarter. Expenses decreased slightly by -52.98 % quarter-on-quarter, aligning with the annual rise of 1028.57 %. Operating profit, while up 71.43 % compared to last year, faced a quarter-on-quarter dip of -118.18 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.6 %, but a shrinkage of -8.73 % sequentially. Other income rose by 23.53 % compared to the last quarter, Profit before tax grew annually by 157.14 % but saw a reduction from the preceding quarter by -75 %.
Net profit rose by 171.43 % year-on-year but witnessed a -70.59 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 450 % but a quarterly fall of -83.33 %. In summary, Pratik Panels 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. 1.794 Cr | Rs. 0.769 Cr | -57.13 % | 0 % |
Expenses | Rs. 0.07 Cr | Rs. 1.68 Cr | Rs. 0.79 Cr | -52.98 % | + 1028.57 % |
Operating Profit | Rs. -0.07 Cr | Rs. 0.11 Cr | Rs. -0.02 Cr | -118.18 % | + 71.43 % |
Net Profit | Rs. -0.07 Cr | Rs. 0.17 Cr | Rs. 0.05 Cr | -70.59 % | + 171.43 % |
EPS in Rs | Rs. -0.02 | Rs. 0.42 | Rs. 0.07 | -83.33 % | + 450 % |
In reviewing Pratik Panels Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -57.13 % from the previous quarter. Expenses rose by 1028.57 % compared to the previous year, with a decrease of -52.98 % quarter-on-quarter. Operating Profit surged by 71.43 % annually, and saw a -118.18 % decrease from the last quarter.
Net Profit showed yearly increase of 171.43 %, and experienced a -70.59 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 450 % annually, however dipped by -83.33 % compared to the last quarter. In essence, while Pratik Panels Ltd. 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.
[my_shortcode1 values=”Pratik Panels “]