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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: Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Saffron Industries Limited. Profit dropped by -55.75 % Year to Year, Saffron Industries Limited’s profitability increased by 9.15 % 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. 2.973 Cr | Rs. 9.471 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 3.29 Cr | Rs. 9.32 Cr | Rs. 0.06 Cr | -99.36 % | -98.18 % |
Operating Profit | Rs. -0.32 Cr | Rs. 0.15 Cr | Rs. -0.06 Cr | -140 % | + 81.25 % |
OPM % | -10.76 % | 1.58 % | 0 % | -1.58 % | + 10.76 % |
Other Income | Rs. 0 Cr | Rs. 0.007 Cr | Rs. 0.007 Cr | + 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.49 Cr | Rs. 0.49 Cr | Rs. 0.31 Cr | -36.73 % | -36.73 % |
Profit before tax | Rs. -0.81 Cr | Rs. -0.33 Cr | Rs. -0.36 Cr | -9.09 % | + 55.56 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.81 Cr | Rs. -0.33 Cr | Rs. -0.36 Cr | -9.09 % | + 55.56 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Saffron Industries Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -99.36 % quarter-on-quarter, aligning with the annual decline of -98.18 %. Operating profit, while up 81.25 % compared to last year, faced a quarter-on-quarter dip of -140 %, 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 10.76 %, but a shrinkage of -1.58 % sequentially. Other income rose by 0 % compared to the last quarter, Depreciation costs fell by -36.73 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -36.73 %. Profit before tax grew annually by 55.56 % but saw a reduction from the preceding quarter by -9.09 %.
Net profit rose by 55.56 % year-on-year but witnessed a -9.09 % contraction from the last quarter. In summary, Saffron Industries 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. 2.973 Cr | Rs. 9.471 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 3.29 Cr | Rs. 9.32 Cr | Rs. 0.06 Cr | -99.36 % | -98.18 % |
Operating Profit | Rs. -0.32 Cr | Rs. 0.15 Cr | Rs. -0.06 Cr | -140 % | + 81.25 % |
Net Profit | Rs. -0.81 Cr | Rs. -0.33 Cr | Rs. -0.36 Cr | -9.09 % | + 55.56 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
In reviewing Saffron Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -98.18 % compared to the previous year, with a decrease of -99.36 % quarter-on-quarter. Operating Profit surged by 81.25 % annually, and saw a -140 % decrease from the last quarter.
Net Profit showed yearly increase of 55.56 %, and experienced a -9.09 % decrease from the previous quarter. In essence, while Saffron Industries 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.