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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -8.54 % over the year, substantial increase in net sales/revenue by 0.45 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Superior Finlease Limited. Profit dropped by -153.23 % Year to Year, Superior Finlease Limited’s profitability dropped by -430 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -150.00 % Year to Year.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.246 Cr | Rs. 0.224 Cr | Rs. 0.225 Cr | + 0.45 % | -8.54 % |
Expenses | Rs. 0.41 Cr | Rs. 0.25 Cr | Rs. 0.19 Cr | -24 % | -53.66 % |
Operating Profit | Rs. -0.16 Cr | Rs. -0.03 Cr | Rs. 0.04 Cr | + 233.33 % | + 125 % |
OPM % | -65.04 % | -13.39 % | 17.78 % | + 31.17 % | + 82.82 % |
Other Income | Rs. 0.098 Cr | Rs. 0.046 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.03 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.06 Cr | Rs. -0.01 Cr | Rs. 0.04 Cr | + 500 % | + 166.67 % |
Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -0.06 Cr | Rs. -0.01 Cr | Rs. 0.03 Cr | + 400 % | + 150 % |
EPS in Rs | Rs. -0.02 | Rs. 0 | Rs. 0.01 | 0 % | + 150 % |
Today, we’re looking at Superior Finlease 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 -8.54 %. However, it did see a marginal increase of 0.45 % from the previous quarter. Expenses decreased slightly by -24 % quarter-on-quarter, aligning with the annual decline of -53.66 %. Operating profit, while up 125 % compared to last year, faced a quarter-on-quarter increase of 233.33 %, 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 82.82 %, but an expansion of 31.17 % sequentially. Profit before tax grew annually by 166.67 % but saw an increase from the preceding quarter by 500 %.
Net profit rose by 150 % year-on-year but experienced a 400 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 150 % In summary, Superior Finlease 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. 0.246 Cr | Rs. 0.224 Cr | Rs. 0.225 Cr | + 0.45 % | -8.54 % |
Expenses | Rs. 0.41 Cr | Rs. 0.25 Cr | Rs. 0.19 Cr | -24 % | -53.66 % |
Operating Profit | Rs. -0.16 Cr | Rs. -0.03 Cr | Rs. 0.04 Cr | + 233.33 % | + 125 % |
Net Profit | Rs. -0.06 Cr | Rs. -0.01 Cr | Rs. 0.03 Cr | + 400 % | + 150 % |
EPS in Rs | Rs. -0.02 | Rs. 0 | Rs. 0.01 | 0 % | + 150 % |
In reviewing Superior Finlease Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.54 % year-on-year, however, there was a minor increase of 0.45 % from the previous quarter. Expenses decreased by -53.66 % compared to the previous year, with a decrease of -24 % quarter-on-quarter. Operating Profit surged by 125 % annually, and saw a 233.33 % increase from the last quarter.
Net Profit showed yearly increase of 150 %, and experienced a 400 % increase from the previous quarter. Earnings Per Share (EPS) rose by 150 % annually, In essence, while Superior Finlease 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.
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