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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.
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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