Share the post "Vas Infrastructure ‘s Latest Q1 Report: Profit Up by 99.28% Year-on-Year"
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 152 %. Marginal increase in other income during this quarter, up by 316.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vas Infrastructure Ltd.. Profit dropped by -99.26 % Year to Year, Vas Infrastructure Ltd.’s profitability dropped by -99.32 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -99.21 % Year to Year. EPS decreased by -99.28 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. -1.42 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.61 Cr | Rs. 5.48 Cr | Rs. 0.12 Cr | -97.81 % | -80.33 % |
Operating Profit | Rs. -2.03 Cr | Rs. -5.48 Cr | Rs. -0.12 Cr | + 97.81 % | + 94.09 % |
OPM % | 142.96 % | 0 % | 0 % | 0 % | -142.96 % |
Other Income | Rs. -0.025 Cr | Rs. -0.006 Cr | Rs. 0.013 Cr | + 316.67 % | + 152 % |
Interest | Rs. 13.26 Cr | Rs. 11.31 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.01 Cr | -66.67 % | -66.67 % |
Profit before tax | Rs. -15.35 Cr | Rs. -16.83 Cr | Rs. -0.12 Cr | + 99.29 % | + 99.22 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -15.35 Cr | Rs. -16.82 Cr | Rs. -0.11 Cr | + 99.35 % | + 99.28 % |
EPS in Rs | Rs. -10.14 | Rs. -11.12 | Rs. -0.08 | + 99.28 % | + 99.21 % |
Today, we’re looking at Vas Infrastructure Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -97.81 % quarter-on-quarter, aligning with the annual decline of -80.33 %. Operating profit, while up 94.09 % compared to last year, faced a quarter-on-quarter increase of 97.81 %, 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 -142.96 %, Other income rose by 316.67 % compared to the last quarter, despite an annual growth of 152 %. Depreciation costs fell by -66.67 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -66.67 %. Profit before tax grew annually by 99.22 % but saw an increase from the preceding quarter by 99.29 %.
Net profit rose by 99.28 % year-on-year but experienced a 99.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 99.21 % but a quarterly rise of 99.28 %. In summary, Vas Infrastructure 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. -1.42 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.61 Cr | Rs. 5.48 Cr | Rs. 0.12 Cr | -97.81 % | -80.33 % |
Operating Profit | Rs. -2.03 Cr | Rs. -5.48 Cr | Rs. -0.12 Cr | + 97.81 % | + 94.09 % |
Net Profit | Rs. -15.35 Cr | Rs. -16.82 Cr | Rs. -0.11 Cr | + 99.35 % | + 99.28 % |
EPS in Rs | Rs. -10.14 | Rs. -11.12 | Rs. -0.08 | + 99.28 % | + 99.21 % |
In reviewing Vas Infrastructure Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -80.33 % compared to the previous year, with a decrease of -97.81 % quarter-on-quarter. Operating Profit surged by 94.09 % annually, and saw a 97.81 % increase from the last quarter.
Net Profit showed yearly increase of 99.28 %, and experienced a 99.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 99.21 % annually, however rose by 99.28 % compared to the last quarter. In essence, while Vas Infrastructure Ltd. 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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