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Share the post "SHARMA EAST INDIA HOSPITALS &’s Latest Q1 Report: Profit Up by 150% Year-on-Year"
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 22 % in the past year, substantial increase in net sales/revenue by 273.24 %.
- Profit over the Year and quarter: Significant improvement in profitability for SHARMA EAST INDIA HOSPITALS &. Notable increase of 153.54 % in net profit Year to Year, SHARMA EAST INDIA HOSPITALS &’s profitability increased by 527.5 % in this quarter.
- EPS over the Year and quarter: EPS increased by 156.67 % Year to Year. EPS increased by 541.67 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 5.51 Cr | Rs. 1.801 Cr | Rs. 6.722 Cr | + 273.24 % | + 22 % |
| Expenses | Rs. 4.69 Cr | Rs. 6.13 Cr | Rs. 5.86 Cr | -4.4 % | + 24.95 % |
| Operating Profit | Rs. 0.82 Cr | Rs. -4.33 Cr | Rs. 0.86 Cr | + 119.86 % | + 4.88 % |
| OPM % | 14.88 % | -240.42 % | 12.79 % | + 253.21 % | -2.09 % |
| Other Income | Rs. 0 Cr | Rs. 5.307 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.28 Cr | Rs. 0.14 Cr | Rs. 0.17 Cr | + 21.43 % | -39.29 % |
| Depreciation | Rs. 0.34 Cr | Rs. 0.46 Cr | Rs. 0.36 Cr | -21.74 % | + 5.88 % |
| Profit before tax | Rs. 0.2 Cr | Rs. 0.38 Cr | Rs. 0.33 Cr | -13.16 % | + 65 % |
| Tax % | 52.43 % | 89.5 % | 25.88 % | -63.62 % | -26.55 % |
| Net Profit | Rs. 0.1 Cr | Rs. 0.04 Cr | Rs. 0.25 Cr | + 525 % | + 150 % |
| EPS in Rs | Rs. 0.3 | Rs. 0.12 | Rs. 0.77 | + 541.67 % | + 156.67 % |
Today, we’re looking at SHARMA EAST INDIA HOSPITALS &’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 22 %. However, it did see a marginal increase of 273.24 % from the previous quarter. Expenses decreased slightly by -4.4 % quarter-on-quarter, aligning with the annual rise of 24.95 %. Operating profit, while up 4.88 % compared to last year, faced a quarter-on-quarter increase of 119.86 %, 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 -2.09 %, but an expansion of 253.21 % sequentially. Interest expenses surged remarkably by 21.43 % from the previous quarter, yet the year-over-year decrease remains at a moderate -39.29 %. Depreciation costs fell by -21.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.88 %. Profit before tax grew annually by 65 % but saw a reduction from the preceding quarter by -13.16 %.
Tax expenses as a percentage of profits decreased slightly by -26.55 % compared to last year, with a more notable quarter-on-quarter decrease of -63.62 %. Net profit rose by 150 % year-on-year but experienced a 525 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 156.67 % but a quarterly rise of 541.67 %. In summary, SHARMA EAST INDIA HOSPITALS &’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. 5.51 Cr | Rs. 1.801 Cr | Rs. 6.722 Cr | + 273.24 % | + 22 % |
| Expenses | Rs. 4.69 Cr | Rs. 6.13 Cr | Rs. 5.86 Cr | -4.4 % | + 24.95 % |
| Operating Profit | Rs. 0.82 Cr | Rs. -4.33 Cr | Rs. 0.86 Cr | + 119.86 % | + 4.88 % |
| Net Profit | Rs. 0.1 Cr | Rs. 0.04 Cr | Rs. 0.25 Cr | + 525 % | + 150 % |
| EPS in Rs | Rs. 0.3 | Rs. 0.12 | Rs. 0.77 | + 541.67 % | + 156.67 % |
In reviewing SHARMA EAST INDIA HOSPITALS &’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22 % year-on-year growth, however, there was a minor increase of 273.24 % from the previous quarter. Expenses rose by 24.95 % compared to the previous year, with a decrease of -4.4 % quarter-on-quarter. Operating Profit surged by 4.88 % annually, and saw a 119.86 % increase from the last quarter.
Net Profit showed yearly increase of 150 %, and experienced a 525 % increase from the previous quarter. Earnings Per Share (EPS) rose by 156.67 % annually, however rose by 541.67 % compared to the last quarter. In essence, while SHARMA EAST INDIA HOSPITALS & 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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