Share the post "USG Tech Solutions ‘s Latest Q1 Report: Profit Up by 14.29% Year-on-Year"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.67 %, Marginal decrease of -50% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for USG Tech Solutions Ltd. Profit dropped by -12.59 % Year to Year, USG Tech Solutions Ltd’s profitability increased by 59.46 % in this quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS increased by 50 % 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. 0.03 Cr | Rs. 0.08 Cr | + 166.67 % | -20 % |
| Operating Profit | Rs. -0.1 Cr | Rs. -0.03 Cr | Rs. -0.08 Cr | -166.67 % | + 20 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.003 Cr | Rs. 0.002 Cr | Rs. 0.001 Cr | -50 % | -66.67 % |
| Interest | Rs. 0.03 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 33.33 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.13 Cr | Rs. -0.07 Cr | Rs. -0.12 Cr | -71.43 % | + 7.69 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -0.14 Cr | Rs. -0.07 Cr | Rs. -0.12 Cr | -71.43 % | + 14.29 % |
| EPS in Rs | Rs. -0.03 | Rs. -0.02 | Rs. -0.03 | -50 % | + 0 % |
Today, we’re looking at USG Tech Solutions Ltd’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 166.67 % quarter-on-quarter, aligning with the annual decline of -20 %. Operating profit, while up 20 % compared to last year, faced a quarter-on-quarter dip of -166.67 %, signaling a short-term contraction in margins.
Other income fell by -50 % compared to the last quarter, despite an annual decline of -66.67 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 33.33 %. Profit before tax grew annually by 7.69 % but saw a reduction from the preceding quarter by -71.43 %.
Net profit rose by 14.29 % year-on-year but witnessed a -71.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly fall of -50 %. In summary, USG Tech Solutions 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.1 Cr | Rs. 0.03 Cr | Rs. 0.08 Cr | + 166.67 % | -20 % |
| Operating Profit | Rs. -0.1 Cr | Rs. -0.03 Cr | Rs. -0.08 Cr | -166.67 % | + 20 % |
| Net Profit | Rs. -0.14 Cr | Rs. -0.07 Cr | Rs. -0.12 Cr | -71.43 % | + 14.29 % |
| EPS in Rs | Rs. -0.03 | Rs. -0.02 | Rs. -0.03 | -50 % | + 0 % |
In reviewing USG Tech Solutions Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -20 % compared to the previous year, with a 166.67 % increase quarter-on-quarter. Operating Profit surged by 20 % annually, and saw a -166.67 % decrease from the last quarter.
Net Profit showed yearly increase of 14.29 %, and experienced a -71.43 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however dipped by -50 % compared to the last quarter. In essence, while USG Tech Solutions Ltd 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.
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