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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 14.85 % in the past year, substantial increase in net sales/revenue by 112115.15 %.
- 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 55.07 %. Marginal decrease of -28.95% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for UTIQUE ENTERPRISES LIMITED. Notable increase of 117.65 % in net profit Year to Year, UTIQUE ENTERPRISES LIMITED’s profitability increased by 5450 % in this quarter.
- EPS over the Year and quarter: EPS increased by 100.00 % Year to Year.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 32.243 Cr | Rs. 0.033 Cr | Rs. 37.031 Cr | + 112115.15 % | + 14.85 % |
| Expenses | Rs. 32.4 Cr | Rs. 0.56 Cr | Rs. 37.23 Cr | + 6548.21 % | + 14.91 % |
| Operating Profit | Rs. -0.16 Cr | Rs. -0.53 Cr | Rs. -0.2 Cr | + 62.26 % | -25 % |
| OPM % | -0.5 % | -1606.06 % | -0.54 % | + 1605.52 % | -0.04 % |
| Other Income | Rs. 0.296 Cr | Rs. 0.646 Cr | Rs. 0.459 Cr | -28.95 % | + 55.07 % |
| Interest | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 100 % |
| Depreciation | Rs. 0.05 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | + 40 % |
| Profit before tax | Rs. 0.08 Cr | Rs. 0.03 Cr | Rs. 0.17 Cr | + 466.67 % | + 112.5 % |
| Tax % | 28.17 % | 93.75 % | 33.93 % | -59.82 % | + 5.76 % |
| Net Profit | Rs. 0.05 Cr | Rs. 0 Cr | Rs. 0.11 Cr | 0 % | + 120 % |
| EPS in Rs | Rs. 0.01 | Rs. 0 | Rs. 0.02 | 0 % | + 100 % |
Today, we’re looking at UTIQUE ENTERPRISES 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 14.85 %. However, it did see a marginal increase of 112115.15 % from the previous quarter. Expenses ticked up slightly by 6548.21 % quarter-on-quarter, aligning with the annual rise of 14.91 %. Operating profit, while down -25 % compared to last year, faced a quarter-on-quarter increase of 62.26 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.04 %, but an expansion of 1605.52 % sequentially. Other income fell by -28.95 % compared to the last quarter, despite an annual growth of 55.07 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 40 %. Profit before tax grew annually by 112.5 % but saw an increase from the preceding quarter by 466.67 %.
Tax expenses as a percentage of profits increased slightly by 5.76 % compared to last year, with a more notable quarter-on-quarter decrease of -59.82 %. Net profit rose by 120 % year-on-year And finally, Earnings Per Share (EPS) displayed an annual uptick of 100 % In summary, UTIQUE ENTERPRISES 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. 32.243 Cr | Rs. 0.033 Cr | Rs. 37.031 Cr | + 112115.15 % | + 14.85 % |
| Expenses | Rs. 32.4 Cr | Rs. 0.56 Cr | Rs. 37.23 Cr | + 6548.21 % | + 14.91 % |
| Operating Profit | Rs. -0.16 Cr | Rs. -0.53 Cr | Rs. -0.2 Cr | + 62.26 % | -25 % |
| Net Profit | Rs. 0.05 Cr | Rs. 0 Cr | Rs. 0.11 Cr | 0 % | + 120 % |
| EPS in Rs | Rs. 0.01 | Rs. 0 | Rs. 0.02 | 0 % | + 100 % |
In reviewing UTIQUE ENTERPRISES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.85 % year-on-year growth, however, there was a minor increase of 112115.15 % from the previous quarter. Expenses rose by 14.91 % compared to the previous year, with a 6548.21 % increase quarter-on-quarter. Operating Profit dropped by -25 % annually, and saw a 62.26 % increase from the last quarter.
Net Profit showed yearly increase of 120 %, Earnings Per Share (EPS) rose by 100 % annually, In essence, while UTIQUE ENTERPRISES 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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