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Highlights
- Sales over the Year and quarter:
- 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 130.39 %.
- Profit over the Year and quarter: Significant improvement in profitability for Visagar Polytex Ltd. Notable increase of 1315.73 % in net profit Year to Year, Visagar Polytex Ltd’s profitability dropped by -19286.84 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1,150.00 % Year to Year.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 8.211 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.68 Cr | Rs. 7.8 Cr | Rs. 14.57 Cr | + 86.79 % | + 2042.65 % |
| Operating Profit | Rs. -0.68 Cr | Rs. 0.41 Cr | Rs. -14.57 Cr | -3653.66 % | -2042.65 % |
| OPM % | 0 % | 4.99 % | 0 % | -4.99 % | 0 % |
| Other Income | Rs. -1.02 Cr | Rs. 0 Cr | Rs. 0.31 Cr | 0 % | + 130.39 % |
| Interest | Rs. 0.19 Cr | Rs. 0.17 Cr | Rs. 0.15 Cr | -11.76 % | -21.05 % |
| Depreciation | Rs. 0.17 Cr | Rs. 0.17 Cr | Rs. 0.17 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -2.06 Cr | Rs. 0.07 Cr | Rs. -14.58 Cr | -20928.57 % | -607.77 % |
| Tax % | -0 % | 0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -1.03 Cr | Rs. 0.08 Cr | Rs. -14.58 Cr | -18325 % | -1315.53 % |
| EPS in Rs | Rs. -0.04 | Rs. 0 | Rs. -0.5 | 0 % | -1150 % |
Today, we’re looking at Visagar Polytex Ltd’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 86.79 % quarter-on-quarter, aligning with the annual rise of 2042.65 %. Operating profit, while down -2042.65 % compared to last year, faced a quarter-on-quarter dip of -3653.66 %, signaling a short-term contraction in margins.
but a shrinkage of -4.99 % sequentially. despite an annual growth of 130.39 %. Interest expenses dropped significantly by -11.76 % from the previous quarter, yet the year-over-year decrease remains at a moderate -21.05 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -607.77 % but saw a reduction from the preceding quarter by -20928.57 %.
Net profit fell by -1315.53 % year-on-year but witnessed a -18325 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1150 % In summary, Visagar Polytex 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. 8.211 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.68 Cr | Rs. 7.8 Cr | Rs. 14.57 Cr | + 86.79 % | + 2042.65 % |
| Operating Profit | Rs. -0.68 Cr | Rs. 0.41 Cr | Rs. -14.57 Cr | -3653.66 % | -2042.65 % |
| Net Profit | Rs. -1.03 Cr | Rs. 0.08 Cr | Rs. -14.58 Cr | -18325 % | -1315.53 % |
| EPS in Rs | Rs. -0.04 | Rs. 0 | Rs. -0.5 | 0 % | -1150 % |
In reviewing Visagar Polytex Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 2042.65 % compared to the previous year, with a 86.79 % increase quarter-on-quarter. Operating Profit dropped by -2042.65 % annually, and saw a -3653.66 % decrease from the last quarter.
Net Profit showed yearly decrease of -1315.53 %, and experienced a -18325 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -1150 % annually, In essence, while Visagar Polytex Ltd 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.
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