Share the post "Rajdarshan Industries announces Q1 results: Profit Rises by 387.5% YoY"
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 132.78 % in the past year, substantial increase in net sales/revenue by 170.36 %.
- 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 156.18 %. Marginal increase in other income during this quarter, up by 27.02%.
- Profit over the Year and quarter: Significant improvement in profitability for Rajdarshan Industries Ltd.,. Notable increase of 397.47 % in net profit Year to Year, Rajdarshan Industries Ltd.,’s profitability increased by 191.11 % in this quarter.
- EPS over the Year and quarter: EPS increased by 429.17 % Year to Year. EPS increased by 188.64 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.482 Cr | Rs. 0.415 Cr | Rs. 1.122 Cr | + 170.36 % | + 132.78 % |
Expenses | Rs. 0.58 Cr | Rs. 0.45 Cr | Rs. 1.17 Cr | + 160 % | + 101.72 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.04 Cr | Rs. -0.05 Cr | -25 % | + 50 % |
OPM % | -20.75 % | -9.64 % | -4.46 % | + 5.18 % | + 16.29 % |
Other Income | Rs. 0.178 Cr | Rs. 0.359 Cr | Rs. 0.456 Cr | + 27.02 % | + 156.18 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.08 Cr | Rs. 0.32 Cr | Rs. 0.4 Cr | + 25 % | + 400 % |
Tax % | 0 % | 57.55 % | 0 % | -57.55 % | 0 % |
Net Profit | Rs. 0.08 Cr | Rs. 0.14 Cr | Rs. 0.39 Cr | + 178.57 % | + 387.5 % |
EPS in Rs | Rs. 0.24 | Rs. 0.44 | Rs. 1.27 | + 188.64 % | + 429.17 % |
Today, we’re looking at Rajdarshan Industries Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 132.78 %. However, it did see a marginal increase of 170.36 % from the previous quarter. Expenses ticked up slightly by 160 % quarter-on-quarter, aligning with the annual rise of 101.72 %. Operating profit, while up 50 % compared to last year, faced a quarter-on-quarter dip of -25 %, 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 16.29 %, but an expansion of 5.18 % sequentially. Other income rose by 27.02 % compared to the last quarter, despite an annual growth of 156.18 %. Profit before tax grew annually by 400 % but saw an increase from the preceding quarter by 25 %.
with a more notable quarter-on-quarter decrease of -57.55 %. Net profit rose by 387.5 % year-on-year but experienced a 178.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 429.17 % but a quarterly rise of 188.64 %. In summary, Rajdarshan Industries 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. 0.482 Cr | Rs. 0.415 Cr | Rs. 1.122 Cr | + 170.36 % | + 132.78 % |
Expenses | Rs. 0.58 Cr | Rs. 0.45 Cr | Rs. 1.17 Cr | + 160 % | + 101.72 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.04 Cr | Rs. -0.05 Cr | -25 % | + 50 % |
Net Profit | Rs. 0.08 Cr | Rs. 0.14 Cr | Rs. 0.39 Cr | + 178.57 % | + 387.5 % |
EPS in Rs | Rs. 0.24 | Rs. 0.44 | Rs. 1.27 | + 188.64 % | + 429.17 % |
In reviewing Rajdarshan Industries Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 132.78 % year-on-year growth, however, there was a minor increase of 170.36 % from the previous quarter. Expenses rose by 101.72 % compared to the previous year, with a 160 % increase quarter-on-quarter. Operating Profit surged by 50 % annually, and saw a -25 % decrease from the last quarter.
Net Profit showed yearly increase of 387.5 %, and experienced a 178.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 429.17 % annually, however rose by 188.64 % compared to the last quarter. In essence, while Rajdarshan Industries Ltd., exhibits strong annual growth 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.
[my_shortcode1]