Share the post "Retro Green Revolution ‘s Q1 Results: Profit Drops by 41.67% YoY"
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 0 % in the past year, substantial increase in net sales/revenue by 27.32 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -72.73 %, Marginal increase in other income during this quarter, up by 50%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Retro Green Revolution Limited. Profit dropped by -38.46 % Year to Year, Retro Green Revolution Limited’s profitability increased by 9.09 % in this quarter.
- EPS over the Year and quarter: EPS declined by -38.46 % Year to Year. EPS increased by 14.29 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.466 Cr | Rs. 0.366 Cr | Rs. 0.466 Cr | + 27.32 % | + 0 % |
Expenses | Rs. 0.36 Cr | Rs. 0.3 Cr | Rs. 0.4 Cr | + 33.33 % | + 11.11 % |
Operating Profit | Rs. 0.11 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | -36.36 % |
OPM % | 23.61 % | 19.13 % | 15.02 % | -4.11 % | -8.59 % |
Other Income | Rs. 0.011 Cr | Rs. 0.002 Cr | Rs. 0.003 Cr | + 50 % | -72.73 % |
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. 0.12 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | -41.67 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | -41.67 % |
EPS in Rs | Rs. 0.13 | Rs. 0.07 | Rs. 0.08 | + 14.29 % | -38.46 % |
Today, we’re looking at Retro Green Revolution 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 0 %. However, it did see a marginal increase of 27.32 % from the previous quarter. Expenses ticked up slightly by 33.33 % quarter-on-quarter, aligning with the annual rise of 11.11 %. Operating profit, while down -36.36 % compared to last year, faced a quarter-on-quarter increase of 0 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -8.59 %, but a shrinkage of -4.11 % sequentially. Other income rose by 50 % compared to the last quarter, despite an annual decline of -72.73 %. Profit before tax declined annually by -41.67 % but saw an increase from the preceding quarter by 0 %.
Net profit fell by -41.67 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -38.46 % but a quarterly rise of 14.29 %. In summary, Retro Green Revolution 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. 0.466 Cr | Rs. 0.366 Cr | Rs. 0.466 Cr | + 27.32 % | + 0 % |
Expenses | Rs. 0.36 Cr | Rs. 0.3 Cr | Rs. 0.4 Cr | + 33.33 % | + 11.11 % |
Operating Profit | Rs. 0.11 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | -36.36 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | -41.67 % |
EPS in Rs | Rs. 0.13 | Rs. 0.07 | Rs. 0.08 | + 14.29 % | -38.46 % |
In reviewing Retro Green Revolution Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0 % year-on-year growth, however, there was a minor increase of 27.32 % from the previous quarter. Expenses rose by 11.11 % compared to the previous year, with a 33.33 % increase quarter-on-quarter. Operating Profit dropped by -36.36 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly decrease of -41.67 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) fell by -38.46 % annually, however rose by 14.29 % compared to the last quarter. In essence, while Retro Green Revolution Limited faces strong annual decline 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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