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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- 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 13 %. Marginal decrease of -3.42% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Swarna Securities Ltd.. Notable increase of 12.5 % in net profit Year to Year, Swarna Securities Ltd.’s profitability dropped by -37.21 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 12.50 % Year to Year. EPS decreased by -37.5 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.14 Cr | Rs. 0.07 Cr | Rs. 0.17 Cr | + 142.86 % | + 21.43 % |
Operating Profit | Rs. -0.14 Cr | Rs. -0.07 Cr | Rs. -0.17 Cr | -142.86 % | -21.43 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.3 Cr | Rs. 0.351 Cr | Rs. 0.339 Cr | -3.42 % | + 13 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | + 0 % |
Profit before tax | Rs. 0.15 Cr | Rs. 0.26 Cr | Rs. 0.16 Cr | -38.46 % | + 6.67 % |
Tax % | 20 % | 15.69 % | 18.18 % | + 2.49 % | -1.82 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.22 Cr | Rs. 0.14 Cr | -36.36 % | + 16.67 % |
EPS in Rs | Rs. 0.4 | Rs. 0.72 | Rs. 0.45 | -37.5 % | + 12.5 % |
Today, we’re looking at Swarna Securities Ltd.’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 142.86 % quarter-on-quarter, aligning with the annual rise of 21.43 %. Operating profit, while down -21.43 % compared to last year, faced a quarter-on-quarter dip of -142.86 %, signaling a short-term contraction in margins.
Other income fell by -3.42 % compared to the last quarter, despite an annual growth of 13 %. Depreciation costs fell by -50 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 6.67 % but saw a reduction from the preceding quarter by -38.46 %.
Tax expenses as a percentage of profits decreased slightly by -1.82 % compared to last year, with a more notable quarter-on-quarter increase of 2.49 %. Net profit rose by 16.67 % year-on-year but witnessed a -36.36 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 12.5 % but a quarterly fall of -37.5 %. In summary, Swarna Securities 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.14 Cr | Rs. 0.07 Cr | Rs. 0.17 Cr | + 142.86 % | + 21.43 % |
Operating Profit | Rs. -0.14 Cr | Rs. -0.07 Cr | Rs. -0.17 Cr | -142.86 % | -21.43 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.22 Cr | Rs. 0.14 Cr | -36.36 % | + 16.67 % |
EPS in Rs | Rs. 0.4 | Rs. 0.72 | Rs. 0.45 | -37.5 % | + 12.5 % |
In reviewing Swarna Securities Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 21.43 % compared to the previous year, with a 142.86 % increase quarter-on-quarter. Operating Profit dropped by -21.43 % annually, and saw a -142.86 % decrease from the last quarter.
Net Profit showed yearly increase of 16.67 %, and experienced a -36.36 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 12.5 % annually, however dipped by -37.5 % compared to the last quarter. In essence, while Swarna Securities Ltd. exhibits strong annual growth 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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