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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 13.93 % in the past year, decrease in net sales/revenue by -78.8 %.
- Profit over the Year and quarter: Significant improvement in profitability for Trishakti Industries Limited. Notable increase of 846.31 % in net profit Year to Year, Trishakti Industries Limited’s profitability increased by 521.15 % in this quarter.
- EPS over the Year and quarter: EPS increased by 850.00 % Year to Year. EPS increased by 533.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 10.019 Cr | Rs. 53.844 Cr | Rs. 11.415 Cr | -78.8 % | + 13.93 % |
Expenses | Rs. 9.74 Cr | Rs. 53.23 Cr | Rs. 9.28 Cr | -82.57 % | -4.72 % |
Operating Profit | Rs. 0.28 Cr | Rs. 0.61 Cr | Rs. 2.14 Cr | + 250.82 % | + 664.29 % |
OPM % | 2.79 % | 1.13 % | 18.75 % | + 17.62 % | + 15.96 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.01 Cr | Rs. 0.14 Cr | Rs. 0.17 Cr | + 21.43 % | + 1600 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.12 Cr | Rs. 0.1 Cr | -16.67 % | + 100 % |
Profit before tax | Rs. 0.22 Cr | Rs. 0.35 Cr | Rs. 1.87 Cr | + 434.29 % | + 750 % |
Tax % | 30.37 % | 34.86 % | 24.6 % | -10.26 % | -5.77 % |
Net Profit | Rs. 0.15 Cr | Rs. 0.23 Cr | Rs. 1.41 Cr | + 513.04 % | + 840 % |
EPS in Rs | Rs. 0.1 | Rs. 0.15 | Rs. 0.95 | + 533.33 % | + 850 % |
Today, we’re looking at Trishakti Industries 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 13.93 %. However, it did see a marginal slip of -78.8 % from the previous quarter. Expenses decreased slightly by -82.57 % quarter-on-quarter, aligning with the annual decline of -4.72 %. Operating profit, while up 664.29 % compared to last year, faced a quarter-on-quarter increase of 250.82 %, 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 15.96 %, but an expansion of 17.62 % sequentially. Interest expenses surged remarkably by 21.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 1600 %. Depreciation costs fell by -16.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 100 %. Profit before tax grew annually by 750 % but saw an increase from the preceding quarter by 434.29 %.
Tax expenses as a percentage of profits decreased slightly by -5.77 % compared to last year, with a more notable quarter-on-quarter decrease of -10.26 %. Net profit rose by 840 % year-on-year but experienced a 513.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 850 % but a quarterly rise of 533.33 %. In summary, Trishakti Industries 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. 10.019 Cr | Rs. 53.844 Cr | Rs. 11.415 Cr | -78.8 % | + 13.93 % |
Expenses | Rs. 9.74 Cr | Rs. 53.23 Cr | Rs. 9.28 Cr | -82.57 % | -4.72 % |
Operating Profit | Rs. 0.28 Cr | Rs. 0.61 Cr | Rs. 2.14 Cr | + 250.82 % | + 664.29 % |
Net Profit | Rs. 0.15 Cr | Rs. 0.23 Cr | Rs. 1.41 Cr | + 513.04 % | + 840 % |
EPS in Rs | Rs. 0.1 | Rs. 0.15 | Rs. 0.95 | + 533.33 % | + 850 % |
In reviewing Trishakti Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.93 % year-on-year growth, although there was a slight dip of -78.8 % from the previous quarter. Expenses decreased by -4.72 % compared to the previous year, with a decrease of -82.57 % quarter-on-quarter. Operating Profit surged by 664.29 % annually, and saw a 250.82 % increase from the last quarter.
Net Profit showed yearly increase of 840 %, and experienced a 513.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 850 % annually, however rose by 533.33 % compared to the last quarter. In essence, while Trishakti Industries Limited 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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