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V B INDUSTRIES ‘s Q1 Update: Profit Grows by 19.23% YoY

September 14, 2024September 14, 2024| adminadmin| 0 Comments| 8:10 pm
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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • 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 24.14 %. Marginal decrease of -49.67% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for V B INDUSTRIES LIMITED. Notable increase of 19.31 % in net profit Year to Year, V B INDUSTRIES LIMITED’s profitability dropped by -141.26 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -38.46 % Year to Year. EPS decreased by -142.11 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of V B INDUSTRIES LIMITED‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0 Cr Rs. 1.719 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.1 Cr Rs. 3.79 Cr Rs. 0.14 Cr -96.31 % + 40 %
Operating Profit Rs. -0.1 Cr Rs. -2.07 Cr Rs. -0.14 Cr + 93.24 % -40 %
OPM % 0 % -120.42 % 0 % + 120.42 % 0 %
Other Income Rs. 0.435 Cr Rs. 1.073 Cr Rs. 0.54 Cr -49.67 % + 24.14 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 0.34 Cr Rs. -1 Cr Rs. 0.4 Cr + 140 % + 17.65 %
Tax % 21.99 % -25.17 % 22.94 % + 48.11 % + 0.95 %
Net Profit Rs. 0.26 Cr Rs. -0.75 Cr Rs. 0.31 Cr + 141.33 % + 19.23 %
EPS in Rs Rs. 0.39 Rs. -0.57 Rs. 0.24 + 142.11 % -38.46 %


Today, we’re looking at V B INDUSTRIES LIMITED’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -96.31 % quarter-on-quarter, aligning with the annual rise of 40 %. Operating profit, while down -40 % compared to last year, faced a quarter-on-quarter increase of 93.24 %, signaling a short-term expansion in margins.
but an expansion of 120.42 % sequentially. Other income fell by -49.67 % compared to the last quarter, despite an annual growth of 24.14 %. Profit before tax grew annually by 17.65 % but saw an increase from the preceding quarter by 140 %.
Tax expenses as a percentage of profits increased slightly by 0.95 % compared to last year, with a more notable quarter-on-quarter increase of 48.11 %. Net profit rose by 19.23 % year-on-year but experienced a 141.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -38.46 % but a quarterly rise of 142.11 %. In summary, V B 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. 0 Cr Rs. 1.719 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.1 Cr Rs. 3.79 Cr Rs. 0.14 Cr -96.31 % + 40 %
Operating Profit Rs. -0.1 Cr Rs. -2.07 Cr Rs. -0.14 Cr + 93.24 % -40 %
Net Profit Rs. 0.26 Cr Rs. -0.75 Cr Rs. 0.31 Cr + 141.33 % + 19.23 %
EPS in Rs Rs. 0.39 Rs. -0.57 Rs. 0.24 + 142.11 % -38.46 %


In reviewing V B INDUSTRIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 40 % compared to the previous year, with a decrease of -96.31 % quarter-on-quarter. Operating Profit dropped by -40 % annually, and saw a 93.24 % increase from the last quarter.
Net Profit showed yearly increase of 19.23 %, and experienced a 141.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -38.46 % annually, however rose by 142.11 % compared to the last quarter. In essence, while V B INDUSTRIES LIMITED faces strong annual decline 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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