PROGREX VENTURES : Q4 2024 Financial Quarterly Report -

Highlights

Sales over the Year and quarter:
Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
Profit over the Year and quarter: Significant improvement in profitability for PROGREX VENTURES LIMITED. Notable increase of 18.03 % in net profit Year to Year, PROGREX VENTURES LIMITED’s profitability increased by 278.95 % in this quarter.
EPS over the Year and quarter:

The comprehensive analytics outlining the performance and outlook of PROGREX VENTURES 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.

Metrics	Previous Year	Previous Quarter	Current Quarter	Quarter to Quarter Difference	Year to Year Difference
Sales	Rs. 0 Cr	Rs. 0 Cr	Rs. 0 Cr	0 %	0 %
Expenses	Rs. 0.06 Cr	Rs. 0.02 Cr	Rs. 0.08 Cr	+ 300 %	+ 33.33 %
Operating Profit	Rs. -0.06 Cr	Rs. -0.02 Cr	Rs. -0.08 Cr	-300 %	-33.33 %
OPM %	0 %	0 %	0 %	0 %	0 %
Other Income	Rs. 0.01 Cr	Rs. 0 Cr	Rs. 0 Cr	0 %	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. -0.05 Cr	Rs. -0.02 Cr	Rs. -0.08 Cr	-300 %	-60 %
Tax %	-0 %	-0 %	-0 %	0 %	0 %
Net Profit	Rs. -0.06 Cr	Rs. -0.02 Cr	Rs. -0.07 Cr	-250 %	-16.67 %
EPS in Rs	Rs. 0	Rs. 0	Rs. 0	0 %	0 %

Today, we’re looking at PROGREX VENTURES LIMITED’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 300 % quarter-on-quarter, aligning with the annual rise of 33.33 %. Operating profit, while down -33.33 % compared to last year, faced a quarter-on-quarter dip of -300 %, signaling a short-term contraction in margins.
Profit before tax declined annually by -60 % but saw a reduction from the preceding quarter by -300 %.
Net profit fell by -16.67 % year-on-year but witnessed a -250 % contraction from the last quarter. In summary, PROGREX VENTURES 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. 0 Cr	Rs. 0 Cr	Rs. 0 Cr	0 %	0 %
Expenses	Rs. 0.06 Cr	Rs. 0.02 Cr	Rs. 0.08 Cr	+ 300 %	+ 33.33 %
Operating Profit	Rs. -0.06 Cr	Rs. -0.02 Cr	Rs. -0.08 Cr	-300 %	-33.33 %
Net Profit	Rs. -0.06 Cr	Rs. -0.02 Cr	Rs. -0.07 Cr	-250 %	-16.67 %
EPS in Rs	Rs. 0	Rs. 0	Rs. 0	0 %	0 %

In reviewing PROGREX VENTURES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 33.33 % compared to the previous year, with a 300 % increase quarter-on-quarter. Operating Profit dropped by -33.33 % annually, and saw a -300 % decrease from the last quarter.
Net Profit showed yearly decrease of -16.67 %, and experienced a -250 % decrease from the previous quarter. In essence, while PROGREX VENTURES 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.

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