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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’s sales declined by -6.86 % over the year, substantial increase in net sales/revenue by 12.96 %.
- 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 248.89 %. Marginal increase in other income during this quarter, up by 1644.44%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shashijit Infraprojects Limited. Profit dropped by -40.89 % Year to Year, Shashijit Infraprojects Limited’s profitability dropped by -112.99 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -86.36 % Year to Year. EPS decreased by -115 % 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. 8.131 Cr | Rs. 6.704 Cr | Rs. 7.573 Cr | + 12.96 % | -6.86 % |
| Expenses | Rs. 7.39 Cr | Rs. 6.54 Cr | Rs. 6.66 Cr | + 1.83 % | -9.88 % |
| Operating Profit | Rs. 0.74 Cr | Rs. 0.16 Cr | Rs. 0.91 Cr | + 468.75 % | + 22.97 % |
| OPM % | 9.1 % | 2.39 % | 12.02 % | + 9.63 % | + 2.92 % |
| Other Income | Rs. 0.045 Cr | Rs. 0.009 Cr | Rs. 0.157 Cr | + 1644.44 % | + 248.89 % |
| Interest | Rs. 0.27 Cr | Rs. 0.3 Cr | Rs. 0.22 Cr | -26.67 % | -18.52 % |
| Depreciation | Rs. 0.25 Cr | Rs. 0.21 Cr | Rs. 0.19 Cr | -9.52 % | -24 % |
| Profit before tax | Rs. 0.27 Cr | Rs. -0.34 Cr | Rs. 0.66 Cr | + 294.12 % | + 144.44 % |
| Tax % | 17.52 % | -75.68 % | 79.88 % | + 155.56 % | + 62.36 % |
| Net Profit | Rs. 0.23 Cr | Rs. -1.02 Cr | Rs. 0.13 Cr | + 112.75 % | -43.48 % |
| EPS in Rs | Rs. 0.22 | Rs. -0.2 | Rs. 0.03 | + 115 % | -86.36 % |
Today, we’re looking at Shashijit Infraprojects Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.86 %. However, it did see a marginal increase of 12.96 % from the previous quarter. Expenses ticked up slightly by 1.83 % quarter-on-quarter, aligning with the annual decline of -9.88 %. Operating profit, while up 22.97 % compared to last year, faced a quarter-on-quarter increase of 468.75 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.92 %, but an expansion of 9.63 % sequentially. Other income rose by 1644.44 % compared to the last quarter, despite an annual growth of 248.89 %. Interest expenses dropped significantly by -26.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.52 %. Depreciation costs fell by -9.52 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -24 %. Profit before tax grew annually by 144.44 % but saw an increase from the preceding quarter by 294.12 %.
Tax expenses as a percentage of profits increased slightly by 62.36 % compared to last year, with a more notable quarter-on-quarter increase of 155.56 %. Net profit fell by -43.48 % year-on-year but experienced a 112.75 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -86.36 % but a quarterly rise of 115 %. In summary, Shashijit Infraprojects 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. 8.131 Cr | Rs. 6.704 Cr | Rs. 7.573 Cr | + 12.96 % | -6.86 % |
| Expenses | Rs. 7.39 Cr | Rs. 6.54 Cr | Rs. 6.66 Cr | + 1.83 % | -9.88 % |
| Operating Profit | Rs. 0.74 Cr | Rs. 0.16 Cr | Rs. 0.91 Cr | + 468.75 % | + 22.97 % |
| Net Profit | Rs. 0.23 Cr | Rs. -1.02 Cr | Rs. 0.13 Cr | + 112.75 % | -43.48 % |
| EPS in Rs | Rs. 0.22 | Rs. -0.2 | Rs. 0.03 | + 115 % | -86.36 % |
In reviewing Shashijit Infraprojects Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.86 % year-on-year, however, there was a minor increase of 12.96 % from the previous quarter. Expenses decreased by -9.88 % compared to the previous year, with a 1.83 % increase quarter-on-quarter. Operating Profit surged by 22.97 % annually, and saw a 468.75 % increase from the last quarter.
Net Profit showed yearly decrease of -43.48 %, and experienced a 112.75 % increase from the previous quarter. Earnings Per Share (EPS) fell by -86.36 % annually, however rose by 115 % compared to the last quarter. In essence, while Shashijit Infraprojects Limited 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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