Share the post "Shyam Telecom announced Financial Results Q1 2024"
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 355.56 %. Marginal increase in other income during this quarter, up by 32.26%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shyam Telecom Limited. Profit dropped by -10.88 % Year to Year, Shyam Telecom Limited’s profitability dropped by -76.39 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -184.09 % Year to Year. EPS decreased by -78.11 % 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. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.46 Cr | Rs. 1.62 Cr | Rs. 0.44 Cr | -72.84 % | -4.35 % |
Operating Profit | Rs. -0.46 Cr | Rs. -1.62 Cr | Rs. -0.44 Cr | + 72.84 % | + 4.35 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.009 Cr | Rs. 0.031 Cr | Rs. 0.041 Cr | + 32.26 % | + 355.56 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.04 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | -25 % |
Profit before tax | Rs. -0.49 Cr | Rs. -1.62 Cr | Rs. -0.43 Cr | + 73.46 % | + 12.24 % |
Tax % | -0.41 % | -13.25 % | -0.23 % | + 13.02 % | + 0.18 % |
Net Profit | Rs. -0.49 Cr | Rs. -1.84 Cr | Rs. -0.43 Cr | + 76.63 % | + 12.24 % |
EPS in Rs | Rs. -0.44 | Rs. -1.69 | Rs. -0.37 | + 78.11 % | + 15.91 % |
Today, we’re looking at Shyam Telecom Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -72.84 % quarter-on-quarter, aligning with the annual decline of -4.35 %. Operating profit, while up 4.35 % compared to last year, faced a quarter-on-quarter increase of 72.84 %, signaling a short-term expansion in margins.
Other income rose by 32.26 % compared to the last quarter, despite an annual growth of 355.56 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25 %. Profit before tax grew annually by 12.24 % but saw an increase from the preceding quarter by 73.46 %.
Tax expenses as a percentage of profits increased slightly by 0.18 % compared to last year, with a more notable quarter-on-quarter increase of 13.02 %. Net profit rose by 12.24 % year-on-year but experienced a 76.63 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 15.91 % but a quarterly rise of 78.11 %. In summary, Shyam Telecom 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.46 Cr | Rs. 1.62 Cr | Rs. 0.44 Cr | -72.84 % | -4.35 % |
Operating Profit | Rs. -0.46 Cr | Rs. -1.62 Cr | Rs. -0.44 Cr | + 72.84 % | + 4.35 % |
Net Profit | Rs. -0.49 Cr | Rs. -1.84 Cr | Rs. -0.43 Cr | + 76.63 % | + 12.24 % |
EPS in Rs | Rs. -0.44 | Rs. -1.69 | Rs. -0.37 | + 78.11 % | + 15.91 % |
In reviewing Shyam Telecom Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -4.35 % compared to the previous year, with a decrease of -72.84 % quarter-on-quarter. Operating Profit surged by 4.35 % annually, and saw a 72.84 % increase from the last quarter.
Net Profit showed yearly increase of 12.24 %, and experienced a 76.63 % increase from the previous quarter. Earnings Per Share (EPS) rose by 15.91 % annually, however rose by 78.11 % compared to the last quarter. In essence, while Shyam Telecom 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.