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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0 % in the past year,
- 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 6266.67 %. Marginal increase in other income during this quarter, up by 44.7%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Speedage Commercials Ltd.,. Profit dropped by -70700 % Year to Year, Speedage Commercials Ltd.,’s profitability increased by 46.47 % in this quarter.
- EPS over the Year and quarter: EPS declined by -72,150.00 % Year to Year. EPS increased by 46.44 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.004 Cr | Rs. 0 Cr | Rs. 0.004 Cr | 0 % | + 0 % |
| Expenses | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
| Operating Profit | Rs. -0.03 Cr | Rs. -0.03 Cr | Rs. -0.03 Cr | + 0 % | + 0 % |
| OPM % | -750 % | 0 % | -750 % | -750 % | + 0 % |
| Other Income | Rs. 0.03 Cr | Rs. 1.32 Cr | Rs. 1.91 Cr | + 44.7 % | + 6266.67 % |
| 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 Cr | Rs. 1.29 Cr | Rs. 1.88 Cr | + 45.74 % | 0 % |
| Tax % | -0 % | 25.56 % | 25.01 % | -0.55 % | + 25.01 % |
| Net Profit | Rs. -0 Cr | Rs. 0.96 Cr | Rs. 1.41 Cr | + 46.88 % | 0 % |
| EPS in Rs | Rs. -0.02 | Rs. 9.84 | Rs. 14.41 | + 46.44 % | + 72150 % |
Today, we’re looking at Speedage Commercials Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0 %. Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 0 %, 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 0 %, but a shrinkage of -750 % sequentially. Other income rose by 44.7 % compared to the last quarter, despite an annual growth of 6266.67 %. but saw an increase from the preceding quarter by 45.74 %.
Tax expenses as a percentage of profits increased slightly by 25.01 % compared to last year, with a more notable quarter-on-quarter decrease of -0.55 %. but experienced a 46.88 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 72150 % but a quarterly rise of 46.44 %. In summary, Speedage Commercials 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. 0.004 Cr | Rs. 0 Cr | Rs. 0.004 Cr | 0 % | + 0 % |
| Expenses | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
| Operating Profit | Rs. -0.03 Cr | Rs. -0.03 Cr | Rs. -0.03 Cr | + 0 % | + 0 % |
| Net Profit | Rs. -0 Cr | Rs. 0.96 Cr | Rs. 1.41 Cr | + 46.88 % | 0 % |
| EPS in Rs | Rs. -0.02 | Rs. 9.84 | Rs. 14.41 | + 46.44 % | + 72150 % |
In reviewing Speedage Commercials Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0 % year-on-year growth, Expenses rose by 0 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 0 % increase from the last quarter.
and experienced a 46.88 % increase from the previous quarter. Earnings Per Share (EPS) rose by 72150 % annually, however rose by 46.44 % compared to the last quarter. In essence, while Speedage Commercials Ltd., 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.
