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Techindia Nirman announced Financial Results Q1 2024

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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: Significant improvement in profitability for Techindia Nirman Limited. Notable increase of 266.67 % in net profit Year to Year, Techindia Nirman Limited’s profitability increased by 197.08 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 250.00 % Year to Year. EPS increased by 180 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Techindia Nirman Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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. 0.1 Cr Rs. 0.11 Cr Rs. 0.4 Cr + 263.64 % + 300 %
Operating Profit Rs. -0.1 Cr Rs. -0.11 Cr Rs. -0.4 Cr -263.64 % -300 %
OPM % 0 % 0 % 0 % 0 % 0 %
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. 0.01 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % + 0 %
Profit before tax Rs. -0.11 Cr Rs. -0.12 Cr Rs. -0.41 Cr -241.67 % -272.73 %
Tax % -0 % -21.24 % -0 % + 21.24 % 0 %
Net Profit Rs. -0.11 Cr Rs. -0.14 Cr Rs. -0.41 Cr -192.86 % -272.73 %
EPS in Rs Rs. -0.08 Rs. -0.1 Rs. -0.28 -180 % -250 %


Today, we’re looking at Techindia Nirman Limited’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 263.64 % quarter-on-quarter, aligning with the annual rise of 300 %. Operating profit, while down -300 % compared to last year, faced a quarter-on-quarter dip of -263.64 %, signaling a short-term contraction in margins.
Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -272.73 % but saw a reduction from the preceding quarter by -241.67 %.
with a more notable quarter-on-quarter increase of 21.24 %. Net profit fell by -272.73 % year-on-year but witnessed a -192.86 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -250 % but a quarterly fall of -180 %. In summary, Techindia Nirman 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 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.1 Cr Rs. 0.11 Cr Rs. 0.4 Cr + 263.64 % + 300 %
Operating Profit Rs. -0.1 Cr Rs. -0.11 Cr Rs. -0.4 Cr -263.64 % -300 %
Net Profit Rs. -0.11 Cr Rs. -0.14 Cr Rs. -0.41 Cr -192.86 % -272.73 %
EPS in Rs Rs. -0.08 Rs. -0.1 Rs. -0.28 -180 % -250 %


In reviewing Techindia Nirman Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 300 % compared to the previous year, with a 263.64 % increase quarter-on-quarter. Operating Profit dropped by -300 % annually, and saw a -263.64 % decrease from the last quarter.
Net Profit showed yearly decrease of -272.73 %, and experienced a -192.86 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -250 % annually, however dipped by -180 % compared to the last quarter. In essence, while Techindia Nirman 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.

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