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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 628.16 %. Marginal increase in other income during this quarter, up by 635.29%.
- Profit over the Year and quarter: Significant improvement in profitability for Sylph Technologies Ltd. Notable increase of 2631.58 % in net profit Year to Year, Sylph Technologies Ltd’s profitability dropped by -128.56 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -150 % 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. 0.529 Cr | Rs. 5.251 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.61 Cr | Rs. 7.19 Cr | Rs. 0.05 Cr | -99.3 % | -91.8 % |
| Operating Profit | Rs. -0.08 Cr | Rs. -1.94 Cr | Rs. -0.05 Cr | + 97.42 % | + 37.5 % |
| OPM % | -15.12 % | -36.95 % | 0 % | + 36.95 % | + 15.12 % |
| Other Income | Rs. 0.103 Cr | Rs. 0.102 Cr | Rs. 0.75 Cr | + 635.29 % | + 628.16 % |
| 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. 0.02 Cr | Rs. -1.84 Cr | Rs. 0.7 Cr | + 138.04 % | + 3400 % |
| Tax % | 0 % | -1.25 % | 25.96 % | + 27.21 % | + 25.96 % |
| Net Profit | Rs. 0.02 Cr | Rs. -1.82 Cr | Rs. 0.52 Cr | + 128.57 % | + 2500 % |
| EPS in Rs | Rs. 0.01 | Rs. -0.02 | Rs. 0.01 | + 150 % | + 0 % |
Today, we’re looking at Sylph Technologies Ltd’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -99.3 % quarter-on-quarter, aligning with the annual decline of -91.8 %. Operating profit, while up 37.5 % compared to last year, faced a quarter-on-quarter increase of 97.42 %, 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 15.12 %, but an expansion of 36.95 % sequentially. Other income rose by 635.29 % compared to the last quarter, despite an annual growth of 628.16 %. Profit before tax grew annually by 3400 % but saw an increase from the preceding quarter by 138.04 %.
Tax expenses as a percentage of profits increased slightly by 25.96 % compared to last year, with a more notable quarter-on-quarter increase of 27.21 %. Net profit rose by 2500 % year-on-year but experienced a 128.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 150 %. In summary, Sylph Technologies 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. 0.529 Cr | Rs. 5.251 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.61 Cr | Rs. 7.19 Cr | Rs. 0.05 Cr | -99.3 % | -91.8 % |
| Operating Profit | Rs. -0.08 Cr | Rs. -1.94 Cr | Rs. -0.05 Cr | + 97.42 % | + 37.5 % |
| Net Profit | Rs. 0.02 Cr | Rs. -1.82 Cr | Rs. 0.52 Cr | + 128.57 % | + 2500 % |
| EPS in Rs | Rs. 0.01 | Rs. -0.02 | Rs. 0.01 | + 150 % | + 0 % |
In reviewing Sylph Technologies Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -91.8 % compared to the previous year, with a decrease of -99.3 % quarter-on-quarter. Operating Profit surged by 37.5 % annually, and saw a 97.42 % increase from the last quarter.
Net Profit showed yearly increase of 2500 %, and experienced a 128.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 150 % compared to the last quarter. In essence, while Sylph Technologies 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.
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