Share the post "Sterling Green Woods ‘s Q1 Results: Profit Drops by 2566.67% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -98.05 % over the year, decrease in net sales/revenue by -90.73 %.
- Profit over the Year and quarter: Significant improvement in profitability for Sterling Green Woods Limited. Notable increase of 2570 % in net profit Year to Year, Sterling Green Woods Limited’s profitability increased by 132.17 % in this quarter.
- EPS over the Year and quarter: EPS increased by 2,600.00 % Year to Year. EPS increased by 133.33 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.718 Cr | Rs. 0.151 Cr | Rs. 0.014 Cr | -90.73 % | -98.05 % |
| Expenses | Rs. 0.95 Cr | Rs. 0.63 Cr | Rs. 0.52 Cr | -17.46 % | -45.26 % |
| Operating Profit | Rs. -0.23 Cr | Rs. -0.48 Cr | Rs. -0.51 Cr | -6.25 % | -121.74 % |
| OPM % | -32.03 % | -317.88 % | -3642.86 % | -3324.98 % | -3610.83 % |
| Other Income | Rs. 0.546 Cr | Rs. 0.015 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.21 Cr | Rs. 0.42 Cr | Rs. 0.3 Cr | -28.57 % | + 42.86 % |
| Depreciation | Rs. 0.14 Cr | Rs. 0.12 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.03 Cr | Rs. -1.01 Cr | Rs. -0.81 Cr | + 19.8 % | -2600 % |
| Tax % | -0 % | -65.57 % | -0 % | + 65.57 % | 0 % |
| Net Profit | Rs. -0.03 Cr | Rs. -0.35 Cr | Rs. -0.8 Cr | -128.57 % | -2566.67 % |
| EPS in Rs | Rs. -0.07 | Rs. -0.81 | Rs. -1.89 | -133.33 % | -2600 % |
Today, we’re looking at Sterling Green Woods Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -98.05 %. However, it did see a marginal slip of -90.73 % from the previous quarter. Expenses decreased slightly by -17.46 % quarter-on-quarter, aligning with the annual decline of -45.26 %. Operating profit, while down -121.74 % compared to last year, faced a quarter-on-quarter dip of -6.25 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3610.83 %, but a shrinkage of -3324.98 % sequentially. Interest expenses dropped significantly by -28.57 % from the previous quarter, yet the year-over-year increase remains at a moderate 42.86 %. Profit before tax declined annually by -2600 % but saw an increase from the preceding quarter by 19.8 %.
with a more notable quarter-on-quarter increase of 65.57 %. Net profit fell by -2566.67 % year-on-year but witnessed a -128.57 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -2600 % but a quarterly fall of -133.33 %. In summary, Sterling Green Woods 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. 0.718 Cr | Rs. 0.151 Cr | Rs. 0.014 Cr | -90.73 % | -98.05 % |
| Expenses | Rs. 0.95 Cr | Rs. 0.63 Cr | Rs. 0.52 Cr | -17.46 % | -45.26 % |
| Operating Profit | Rs. -0.23 Cr | Rs. -0.48 Cr | Rs. -0.51 Cr | -6.25 % | -121.74 % |
| Net Profit | Rs. -0.03 Cr | Rs. -0.35 Cr | Rs. -0.8 Cr | -128.57 % | -2566.67 % |
| EPS in Rs | Rs. -0.07 | Rs. -0.81 | Rs. -1.89 | -133.33 % | -2600 % |
In reviewing Sterling Green Woods Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -98.05 % year-on-year, although there was a slight dip of -90.73 % from the previous quarter. Expenses decreased by -45.26 % compared to the previous year, with a decrease of -17.46 % quarter-on-quarter. Operating Profit dropped by -121.74 % annually, and saw a -6.25 % decrease from the last quarter.
Net Profit showed yearly decrease of -2566.67 %, and experienced a -128.57 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -2600 % annually, however dipped by -133.33 % compared to the last quarter. In essence, while Sterling Green Woods Limited 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.
