Share the post "Shreyas Intermediates ‘s Q1 Results: Profit Drops by 11.11% YoY"
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 0 %. Marginal decrease of -52% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Shreyas Intermediates Ltd.. Notable increase of 11.11 % in net profit Year to Year, Shreyas Intermediates Ltd.’s profitability increased by 233.33 % in this quarter.
- EPS over the Year and quarter: EPS increased by 20.00 % Year to Year. EPS increased by 200 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.05 Cr | Rs. -0.05 Cr | Rs. 0.09 Cr | + 280 % | + 80 % |
Operating Profit | Rs. -0.05 Cr | Rs. 0.05 Cr | Rs. -0.09 Cr | -280 % | -80 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.12 Cr | Rs. 0.25 Cr | Rs. 0.12 Cr | -52 % | + 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.43 Cr | Rs. 0.42 Cr | Rs. 0.43 Cr | + 2.38 % | + 0 % |
Profit before tax | Rs. -0.36 Cr | Rs. -0.12 Cr | Rs. -0.4 Cr | -233.33 % | -11.11 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.36 Cr | Rs. -0.12 Cr | Rs. -0.4 Cr | -233.33 % | -11.11 % |
EPS in Rs | Rs. -0.05 | Rs. -0.02 | Rs. -0.06 | -200 % | -20 % |
Today, we’re looking at Shreyas Intermediates Ltd.’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 280 % quarter-on-quarter, aligning with the annual rise of 80 %. Operating profit, while down -80 % compared to last year, faced a quarter-on-quarter dip of -280 %, signaling a short-term contraction in margins.
Other income fell by -52 % compared to the last quarter, despite an annual growth of 0 %. Depreciation costs climbed by 2.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -11.11 % but saw a reduction from the preceding quarter by -233.33 %.
Net profit fell by -11.11 % year-on-year but witnessed a -233.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -20 % but a quarterly fall of -200 %. In summary, Shreyas Intermediates 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. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.05 Cr | Rs. -0.05 Cr | Rs. 0.09 Cr | + 280 % | + 80 % |
Operating Profit | Rs. -0.05 Cr | Rs. 0.05 Cr | Rs. -0.09 Cr | -280 % | -80 % |
Net Profit | Rs. -0.36 Cr | Rs. -0.12 Cr | Rs. -0.4 Cr | -233.33 % | -11.11 % |
EPS in Rs | Rs. -0.05 | Rs. -0.02 | Rs. -0.06 | -200 % | -20 % |
In reviewing Shreyas Intermediates Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 80 % compared to the previous year, with a 280 % increase quarter-on-quarter. Operating Profit dropped by -80 % annually, and saw a -280 % decrease from the last quarter.
Net Profit showed yearly decrease of -11.11 %, and experienced a -233.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -20 % annually, however dipped by -200 % compared to the last quarter. In essence, while Shreyas Intermediates 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.
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