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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 decline in other income over the past year which is -60 %, Marginal decrease of -33.33% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for PROGREX VENTURES LIMITED. Notable increase of 66.67 % in net profit Year to Year, PROGREX VENTURES LIMITED’s profitability increased by 53.85 % in this 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. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
| Operating Profit | Rs. -0.02 Cr | Rs. -0.02 Cr | Rs. -0.02 Cr | + 0 % | + 0 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.005 Cr | Rs. 0.003 Cr | Rs. 0.002 Cr | -33.33 % | -60 % |
| 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. -0.02 Cr | Rs. -0.02 Cr | Rs. -0.02 Cr | + 0 % | + 0 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -0.01 Cr | Rs. -0.01 Cr | Rs. -0.02 Cr | -100 % | -100 % |
| EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at PROGREX VENTURES LIMITED’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 0 %, signaling a short-term expansion in margins.
Other income fell by -33.33 % compared to the last quarter, despite an annual decline of -60 %. Profit before tax grew annually by 0 % but saw an increase from the preceding quarter by 0 %.
Net profit fell by -100 % year-on-year but witnessed a -100 % 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. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
| Operating Profit | Rs. -0.02 Cr | Rs. -0.02 Cr | Rs. -0.02 Cr | + 0 % | + 0 % |
| Net Profit | Rs. -0.01 Cr | Rs. -0.01 Cr | Rs. -0.02 Cr | -100 % | -100 % |
| EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
In reviewing PROGREX VENTURES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly decrease of -100 %, and experienced a -100 % 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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