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Highlights
- Sales over the Year and quarter: The company’s sales declined by -99.84 % over the year, decrease in net sales/revenue by -99.82 %.
- 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 255.56 %. Marginal decrease of -46.67% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for UTIQUE ENTERPRISES LIMITED. Profit dropped by -99.47 % Year to Year, UTIQUE ENTERPRISES LIMITED’s profitability dropped by -100.48 % Quarter to Quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 21.254 Cr | Rs. 18.383 Cr | Rs. 0.033 Cr | -99.82 % | -99.84 % |
Expenses | Rs. 21.42 Cr | Rs. 19.33 Cr | Rs. 0.56 Cr | -97.1 % | -97.39 % |
Operating Profit | Rs. -0.17 Cr | Rs. -0.95 Cr | Rs. -0.53 Cr | + 44.21 % | -211.76 % |
OPM % | -0.8 % | -5.17 % | -1606.06 % | -1600.89 % | -1605.26 % |
Other Income | Rs. 0.18 Cr | Rs. 1.2 Cr | Rs. 0.64 Cr | -46.67 % | + 255.56 % |
Interest | Rs. 0 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | + 600 % |
Profit before tax | Rs. -0 Cr | Rs. 0.15 Cr | Rs. 0.02 Cr | -86.67 % | 0 % |
Tax % | 9300 % | 353.66 % | 93.75 % | -259.91 % | -9206.25 % |
Net Profit | Rs. 0.38 Cr | Rs. -0.42 Cr | Rs. 0 Cr | 0 % | 0 % |
EPS in Rs | Rs. 0.07 | Rs. -0.07 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at UTIQUE ENTERPRISES LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -99.84 %. However, it did see a marginal slip of -99.82 % from the previous quarter. Expenses decreased slightly by -97.1 % quarter-on-quarter, aligning with the annual decline of -97.39 %. Operating profit, while down -211.76 % compared to last year, faced a quarter-on-quarter increase of 44.21 %, 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 -1605.26 %, but a shrinkage of -1600.89 % sequentially. Other income fell by -46.67 % compared to the last quarter, despite an annual growth of 255.56 %. Interest expenses dropped significantly by -33.33 % from the previous quarter, Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 600 %. but saw a reduction from the preceding quarter by -86.67 %.
Tax expenses as a percentage of profits decreased slightly by -9206.25 % compared to last year, with a more notable quarter-on-quarter decrease of -259.91 %. 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. 21.254 Cr | Rs. 18.383 Cr | Rs. 0.033 Cr | -99.82 % | -99.84 % |
Expenses | Rs. 21.42 Cr | Rs. 19.33 Cr | Rs. 0.56 Cr | -97.1 % | -97.39 % |
Operating Profit | Rs. -0.17 Cr | Rs. -0.95 Cr | Rs. -0.53 Cr | + 44.21 % | -211.76 % |
Net Profit | Rs. 0.38 Cr | Rs. -0.42 Cr | Rs. 0 Cr | 0 % | 0 % |
EPS in Rs | Rs. 0.07 | Rs. -0.07 | Rs. 0 | 0 % | 0 % |
In reviewing UTIQUE ENTERPRISES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -99.84 % year-on-year, although there was a slight dip of -99.82 % from the previous quarter. Expenses decreased by -97.39 % compared to the previous year, with a decrease of -97.1 % quarter-on-quarter. Operating Profit dropped by -211.76 % annually, and saw a 44.21 % increase from the last quarter.
In essence, while UTIQUE ENTERPRISES 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.