Share the post "Shreenath Investments Co announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- 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 333.46 %. Marginal decrease of -31.16% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Shreenath Investments Co. Ltd.,. Notable increase of 229.25 % in net profit Year to Year, Shreenath Investments Co. Ltd.,’s profitability dropped by -62.63 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 561.43 % Year to Year. EPS decreased by -25.16 % 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 Cr | Rs. 58.898 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.05 Cr | Rs. 58.91 Cr | Rs. 0.38 Cr | -99.35 % | + 660 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.01 Cr | Rs. -0.38 Cr | -3700 % | -660 % |
| OPM % | 0 % | -0.02 % | 0 % | + 0.02 % | 0 % |
| Other Income | Rs. 0.266 Cr | Rs. 1.675 Cr | Rs. 1.153 Cr | -31.16 % | + 333.46 % |
| 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. 0.22 Cr | Rs. 1.67 Cr | Rs. 0.77 Cr | -53.89 % | + 250 % |
| Tax % | 31.31 % | 22.32 % | 37.47 % | + 15.15 % | + 6.16 % |
| Net Profit | Rs. 0.15 Cr | Rs. 1.3 Cr | Rs. 0.48 Cr | -63.08 % | + 220 % |
| EPS in Rs | Rs. 5.86 | Rs. 51.79 | Rs. 38.76 | -25.16 % | + 561.43 % |
Today, we’re looking at Shreenath Investments Co. Ltd.,’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -99.35 % quarter-on-quarter, aligning with the annual rise of 660 %. Operating profit, while down -660 % compared to last year, faced a quarter-on-quarter dip of -3700 %, signaling a short-term contraction in margins.
but an expansion of 0.02 % sequentially. Other income fell by -31.16 % compared to the last quarter, despite an annual growth of 333.46 %. Profit before tax grew annually by 250 % but saw a reduction from the preceding quarter by -53.89 %.
Tax expenses as a percentage of profits increased slightly by 6.16 % compared to last year, with a more notable quarter-on-quarter increase of 15.15 %. Net profit rose by 220 % year-on-year but witnessed a -63.08 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 561.43 % but a quarterly fall of -25.16 %. In summary, Shreenath Investments Co. Ltd.,’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 Cr | Rs. 58.898 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.05 Cr | Rs. 58.91 Cr | Rs. 0.38 Cr | -99.35 % | + 660 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.01 Cr | Rs. -0.38 Cr | -3700 % | -660 % |
| Net Profit | Rs. 0.15 Cr | Rs. 1.3 Cr | Rs. 0.48 Cr | -63.08 % | + 220 % |
| EPS in Rs | Rs. 5.86 | Rs. 51.79 | Rs. 38.76 | -25.16 % | + 561.43 % |
In reviewing Shreenath Investments Co. Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 660 % compared to the previous year, with a decrease of -99.35 % quarter-on-quarter. Operating Profit dropped by -660 % annually, and saw a -3700 % decrease from the last quarter.
Net Profit showed yearly increase of 220 %, and experienced a -63.08 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 561.43 % annually, however dipped by -25.16 % compared to the last quarter. In essence, while Shreenath Investments Co. Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”Shreenath Investments Co “]
![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/IMAGICAA.png)
