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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 306.9 % in the past year, substantial increase in net sales/revenue by 1231.56 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -71.88 %, Marginal decrease of -2.42% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Simplex Realty Limited. Profit dropped by -75.6 % Year to Year, Simplex Realty Limited’s profitability increased by 62.94 % in this quarter.
- EPS over the Year and quarter: EPS declined by -75.59 % Year to Year. EPS increased by 62.63 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.985 Cr | Rs. 0.301 Cr | Rs. 4.008 Cr | + 1231.56 % | + 306.9 % |
Expenses | Rs. 1.88 Cr | Rs. 1.24 Cr | Rs. 4.42 Cr | + 256.45 % | + 135.11 % |
Operating Profit | Rs. -0.9 Cr | Rs. -0.94 Cr | Rs. -0.41 Cr | + 56.38 % | + 54.44 % |
OPM % | -91.37 % | -312.29 % | -10.23 % | + 302.06 % | + 81.14 % |
Other Income | Rs. 5.89 Cr | Rs. 1.697 Cr | Rs. 1.656 Cr | -2.42 % | -71.88 % |
Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
Depreciation | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 4.95 Cr | Rs. 0.71 Cr | Rs. 1.2 Cr | + 69.01 % | -75.76 % |
Tax % | 20.31 % | 16.8 % | 22.79 % | + 5.99 % | + 2.48 % |
Net Profit | Rs. 3.95 Cr | Rs. 0.59 Cr | Rs. 0.96 Cr | + 62.71 % | -75.7 % |
EPS in Rs | Rs. 13.19 | Rs. 1.98 | Rs. 3.22 | + 62.63 % | -75.59 % |
Today, we’re looking at Simplex Realty Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 306.9 %. However, it did see a marginal increase of 1231.56 % from the previous quarter. Expenses ticked up slightly by 256.45 % quarter-on-quarter, aligning with the annual rise of 135.11 %. Operating profit, while up 54.44 % compared to last year, faced a quarter-on-quarter increase of 56.38 %, 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 81.14 %, but an expansion of 302.06 % sequentially. Other income fell by -2.42 % compared to the last quarter, despite an annual decline of -71.88 %. Interest expenses surged remarkably by 0 % from the previous quarter, Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -75.76 % but saw an increase from the preceding quarter by 69.01 %.
Tax expenses as a percentage of profits increased slightly by 2.48 % compared to last year, with a more notable quarter-on-quarter increase of 5.99 %. Net profit fell by -75.7 % year-on-year but experienced a 62.71 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -75.59 % but a quarterly rise of 62.63 %. In summary, Simplex Realty 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. 0.985 Cr | Rs. 0.301 Cr | Rs. 4.008 Cr | + 1231.56 % | + 306.9 % |
Expenses | Rs. 1.88 Cr | Rs. 1.24 Cr | Rs. 4.42 Cr | + 256.45 % | + 135.11 % |
Operating Profit | Rs. -0.9 Cr | Rs. -0.94 Cr | Rs. -0.41 Cr | + 56.38 % | + 54.44 % |
Net Profit | Rs. 3.95 Cr | Rs. 0.59 Cr | Rs. 0.96 Cr | + 62.71 % | -75.7 % |
EPS in Rs | Rs. 13.19 | Rs. 1.98 | Rs. 3.22 | + 62.63 % | -75.59 % |
In reviewing Simplex Realty Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 306.9 % year-on-year growth, however, there was a minor increase of 1231.56 % from the previous quarter. Expenses rose by 135.11 % compared to the previous year, with a 256.45 % increase quarter-on-quarter. Operating Profit surged by 54.44 % annually, and saw a 56.38 % increase from the last quarter.
Net Profit showed yearly decrease of -75.7 %, and experienced a 62.71 % increase from the previous quarter. Earnings Per Share (EPS) fell by -75.59 % annually, however rose by 62.63 % compared to the last quarter. In essence, while Simplex Realty Limited faces strong annual decline 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.