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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 1.48 % in the past year, substantial increase in net sales/revenue by 84.18 %.
- 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 3.38 %. Marginal decrease of -9.6% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Tilak Ventures Limited. Notable increase of 62.43 % in net profit Year to Year, Tilak Ventures Limited’s profitability dropped by -25.45 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 60.00 % Year to Year. EPS decreased by -20 % 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. 5.129 Cr | Rs. 2.826 Cr | Rs. 5.205 Cr | + 84.18 % | + 1.48 % |
Expenses | Rs. 4.62 Cr | Rs. 0.67 Cr | Rs. 3.88 Cr | + 479.1 % | -16.02 % |
Operating Profit | Rs. 0.51 Cr | Rs. 2.16 Cr | Rs. 1.33 Cr | -38.43 % | + 160.78 % |
OPM % | 9.94 % | 76.43 % | 25.55 % | -50.88 % | + 15.61 % |
Other Income | Rs. 0.947 Cr | Rs. 1.083 Cr | Rs. 0.979 Cr | -9.6 % | + 3.38 % |
Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.08 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 1.46 Cr | Rs. 3.15 Cr | Rs. 2.31 Cr | -26.67 % | + 58.22 % |
Tax % | 27.11 % | 26.59 % | 25.29 % | -1.3 % | -1.82 % |
Net Profit | Rs. 1.06 Cr | Rs. 2.31 Cr | Rs. 1.73 Cr | -25.11 % | + 63.21 % |
EPS in Rs | Rs. 0.05 | Rs. 0.1 | Rs. 0.08 | -20 % | + 60 % |
Today, we’re looking at Tilak Ventures Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1.48 %. However, it did see a marginal increase of 84.18 % from the previous quarter. Expenses ticked up slightly by 479.1 % quarter-on-quarter, aligning with the annual decline of -16.02 %. Operating profit, while up 160.78 % compared to last year, faced a quarter-on-quarter dip of -38.43 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 15.61 %, but a shrinkage of -50.88 % sequentially. Other income fell by -9.6 % compared to the last quarter, despite an annual growth of 3.38 %. Profit before tax grew annually by 58.22 % but saw a reduction from the preceding quarter by -26.67 %.
Tax expenses as a percentage of profits decreased slightly by -1.82 % compared to last year, with a more notable quarter-on-quarter decrease of -1.3 %. Net profit rose by 63.21 % year-on-year but witnessed a -25.11 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 60 % but a quarterly fall of -20 %. In summary, Tilak Ventures 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. 5.129 Cr | Rs. 2.826 Cr | Rs. 5.205 Cr | + 84.18 % | + 1.48 % |
Expenses | Rs. 4.62 Cr | Rs. 0.67 Cr | Rs. 3.88 Cr | + 479.1 % | -16.02 % |
Operating Profit | Rs. 0.51 Cr | Rs. 2.16 Cr | Rs. 1.33 Cr | -38.43 % | + 160.78 % |
Net Profit | Rs. 1.06 Cr | Rs. 2.31 Cr | Rs. 1.73 Cr | -25.11 % | + 63.21 % |
EPS in Rs | Rs. 0.05 | Rs. 0.1 | Rs. 0.08 | -20 % | + 60 % |
In reviewing Tilak Ventures Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.48 % year-on-year growth, however, there was a minor increase of 84.18 % from the previous quarter. Expenses decreased by -16.02 % compared to the previous year, with a 479.1 % increase quarter-on-quarter. Operating Profit surged by 160.78 % annually, and saw a -38.43 % decrease from the last quarter.
Net Profit showed yearly increase of 63.21 %, and experienced a -25.11 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 60 % annually, however dipped by -20 % compared to the last quarter. In essence, while Tilak Ventures Limited 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.