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Rajdarshan Industries announces Q1 results: Profit Rises by 387.5% YoY

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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 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.

The comprehensive analytics outlining the performance and outlook of Rajdarshan Industries Ltd.,‘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. 0.482 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.

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