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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 330.14 % in the past year, decrease in net sales/revenue by -34.01 %.
- 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 17.07 %. Marginal increase in other income during this quarter, up by 28.57%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pritish Nandy Communications Limited. Profit dropped by -198.17 % Year to Year, Pritish Nandy Communications Limited’s profitability dropped by -66.06 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -200.00 % Year to Year. EPS decreased by -65.79 % 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. 4.429 Cr | Rs. 28.87 Cr | Rs. 19.051 Cr | -34.01 % | + 330.14 % |
| Expenses | Rs. 4.83 Cr | Rs. 27.79 Cr | Rs. 18.73 Cr | -32.6 % | + 287.78 % |
| Operating Profit | Rs. -0.4 Cr | Rs. 1.08 Cr | Rs. 0.32 Cr | -70.37 % | + 180 % |
| OPM % | -9.03 % | 3.74 % | 1.68 % | -2.06 % | + 10.71 % |
| Other Income | Rs. 0.123 Cr | Rs. 0.112 Cr | Rs. 0.144 Cr | + 28.57 % | + 17.07 % |
| Interest | Rs. 0.03 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | -33.33 % |
| Depreciation | Rs. 0.08 Cr | Rs. 0.08 Cr | Rs. 0.08 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.39 Cr | Rs. 1.09 Cr | Rs. 0.36 Cr | -66.97 % | + 192.31 % |
| Tax % | -0.52 % | 1.47 % | 2.18 % | + 0.71 % | + 2.7 % |
| Net Profit | Rs. -0.38 Cr | Rs. 1.11 Cr | Rs. 0.38 Cr | -65.77 % | + 200 % |
| EPS in Rs | Rs. -0.26 | Rs. 0.76 | Rs. 0.26 | -65.79 % | + 200 % |
Today, we’re looking at Pritish Nandy Communications Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 330.14 %. However, it did see a marginal slip of -34.01 % from the previous quarter. Expenses decreased slightly by -32.6 % quarter-on-quarter, aligning with the annual rise of 287.78 %. Operating profit, while up 180 % compared to last year, faced a quarter-on-quarter dip of -70.37 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 10.71 %, but a shrinkage of -2.06 % sequentially. Other income rose by 28.57 % compared to the last quarter, despite an annual growth of 17.07 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -33.33 %. 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 192.31 % but saw a reduction from the preceding quarter by -66.97 %.
Tax expenses as a percentage of profits increased slightly by 2.7 % compared to last year, with a more notable quarter-on-quarter increase of 0.71 %. Net profit rose by 200 % year-on-year but witnessed a -65.77 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 200 % but a quarterly fall of -65.79 %. In summary, Pritish Nandy Communications Limited’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. 4.429 Cr | Rs. 28.87 Cr | Rs. 19.051 Cr | -34.01 % | + 330.14 % |
| Expenses | Rs. 4.83 Cr | Rs. 27.79 Cr | Rs. 18.73 Cr | -32.6 % | + 287.78 % |
| Operating Profit | Rs. -0.4 Cr | Rs. 1.08 Cr | Rs. 0.32 Cr | -70.37 % | + 180 % |
| Net Profit | Rs. -0.38 Cr | Rs. 1.11 Cr | Rs. 0.38 Cr | -65.77 % | + 200 % |
| EPS in Rs | Rs. -0.26 | Rs. 0.76 | Rs. 0.26 | -65.79 % | + 200 % |
In reviewing Pritish Nandy Communications Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 330.14 % year-on-year growth, although there was a slight dip of -34.01 % from the previous quarter. Expenses rose by 287.78 % compared to the previous year, with a decrease of -32.6 % quarter-on-quarter. Operating Profit surged by 180 % annually, and saw a -70.37 % decrease from the last quarter.
Net Profit showed yearly increase of 200 %, and experienced a -65.77 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 200 % annually, however dipped by -65.79 % compared to the last quarter. In essence, while Pritish Nandy Communications Limited 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.
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