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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 561.54 % in the past year, decrease in net sales/revenue by -36.3 %.
- Income over the Year and quarter: Marginal decrease of -36.47% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rajkot Investment Trust Limited. Profit dropped by -360.71 % Year to Year, Rajkot Investment Trust Limited’s profitability dropped by -52.29 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 160.71 % Year to Year. EPS decreased by -321.21 % 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. 0.026 Cr | Rs. 0.27 Cr | Rs. 0.172 Cr | -36.3 % | + 561.54 % |
Expenses | Rs. 0.06 Cr | Rs. 0.16 Cr | Rs. 0.15 Cr | -6.25 % | + 150 % |
Operating Profit | Rs. -0.03 Cr | Rs. 0.11 Cr | Rs. 0.02 Cr | -81.82 % | + 166.67 % |
OPM % | -115.38 % | 40.74 % | 11.63 % | -29.11 % | + 127.01 % |
Other Income | Rs. 0 Cr | Rs. 0.085 Cr | Rs. 0.054 Cr | -36.47 % | 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. -0.03 Cr | Rs. 0.2 Cr | Rs. 0.07 Cr | -65 % | + 333.33 % |
Tax % | -0 % | 22.45 % | 0 % | -22.45 % | 0 % |
Net Profit | Rs. -0.03 Cr | Rs. 0.15 Cr | Rs. 0.07 Cr | -53.33 % | + 333.33 % |
EPS in Rs | Rs. -0.28 | Rs. 0.33 | Rs. 0.73 | + 121.21 % | + 360.71 % |
Today, we’re looking at Rajkot Investment Trust 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 561.54 %. However, it did see a marginal slip of -36.3 % from the previous quarter. Expenses decreased slightly by -6.25 % quarter-on-quarter, aligning with the annual rise of 150 %. Operating profit, while up 166.67 % compared to last year, faced a quarter-on-quarter dip of -81.82 %, 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 127.01 %, but a shrinkage of -29.11 % sequentially. Other income fell by -36.47 % compared to the last quarter, Profit before tax grew annually by 333.33 % but saw a reduction from the preceding quarter by -65 %.
with a more notable quarter-on-quarter decrease of -22.45 %. Net profit rose by 333.33 % year-on-year but witnessed a -53.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 360.71 % but a quarterly rise of 121.21 %. In summary, Rajkot Investment Trust 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. 0.026 Cr | Rs. 0.27 Cr | Rs. 0.172 Cr | -36.3 % | + 561.54 % |
Expenses | Rs. 0.06 Cr | Rs. 0.16 Cr | Rs. 0.15 Cr | -6.25 % | + 150 % |
Operating Profit | Rs. -0.03 Cr | Rs. 0.11 Cr | Rs. 0.02 Cr | -81.82 % | + 166.67 % |
Net Profit | Rs. -0.03 Cr | Rs. 0.15 Cr | Rs. 0.07 Cr | -53.33 % | + 333.33 % |
EPS in Rs | Rs. -0.28 | Rs. 0.33 | Rs. 0.73 | + 121.21 % | + 360.71 % |
In reviewing Rajkot Investment Trust Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 561.54 % year-on-year growth, although there was a slight dip of -36.3 % from the previous quarter. Expenses rose by 150 % compared to the previous year, with a decrease of -6.25 % quarter-on-quarter. Operating Profit surged by 166.67 % annually, and saw a -81.82 % decrease from the last quarter.
Net Profit showed yearly increase of 333.33 %, and experienced a -53.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 360.71 % annually, however rose by 121.21 % compared to the last quarter. In essence, while Rajkot Investment Trust 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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