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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sterling Guarantee & Fin. Ltd. Profit dropped by -293.1 % Year to Year, Sterling Guarantee & Fin. Ltd’s profitability increased by 64.71 % in this quarter.
- EPS over the Year and quarter: EPS declined by -325.00 % Year to Year. EPS increased by 80 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.05 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.06 Cr | + 100 % | + 200 % |
| Operating Profit | Rs. 0.03 Cr | Rs. -0.03 Cr | Rs. -0.06 Cr | -100 % | -300 % |
| OPM % | 60 % | 0 % | 0 % | 0 % | -60 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| 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. 0.03 Cr | Rs. -0.03 Cr | Rs. -0.06 Cr | -100 % | -300 % |
| Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. 0.03 Cr | Rs. -0.03 Cr | Rs. -0.06 Cr | -100 % | -300 % |
| EPS in Rs | Rs. 0.04 | Rs. -0.05 | Rs. -0.09 | -80 % | -325 % |
Today, we’re looking at Sterling Guarantee & Fin. Ltd’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 100 % quarter-on-quarter, aligning with the annual rise of 200 %. Operating profit, while down -300 % compared to last year, faced a quarter-on-quarter dip of -100 %, 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 -60 %, Profit before tax declined annually by -300 % but saw a reduction from the preceding quarter by -100 %.
Net profit fell by -300 % year-on-year but witnessed a -100 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -325 % but a quarterly fall of -80 %. In summary, Sterling Guarantee & Fin. 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. 0.05 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.06 Cr | + 100 % | + 200 % |
| Operating Profit | Rs. 0.03 Cr | Rs. -0.03 Cr | Rs. -0.06 Cr | -100 % | -300 % |
| Net Profit | Rs. 0.03 Cr | Rs. -0.03 Cr | Rs. -0.06 Cr | -100 % | -300 % |
| EPS in Rs | Rs. 0.04 | Rs. -0.05 | Rs. -0.09 | -80 % | -325 % |
In reviewing Sterling Guarantee & Fin. Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 200 % compared to the previous year, with a 100 % increase quarter-on-quarter. Operating Profit dropped by -300 % annually, and saw a -100 % decrease from the last quarter.
Net Profit showed yearly decrease of -300 %, and experienced a -100 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -325 % annually, however dipped by -80 % compared to the last quarter. In essence, while Sterling Guarantee & Fin. 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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