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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 80.49 % in the past year, substantial increase in net sales/revenue by 25.42 %.
- 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 33.33 %. Marginal increase in other income during this quarter, up by 33.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Voltaire Leasing & Finance Ltd.,. Profit dropped by -148.87 % Year to Year, Voltaire Leasing & Finance Ltd.,’s profitability dropped by -700 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -149.53 % Year to Year. EPS decreased by -688.89 % 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. 0.205 Cr | Rs. 0.295 Cr | Rs. 0.37 Cr | + 25.42 % | + 80.49 % |
Expenses | Rs. 0.54 Cr | Rs. 0.34 Cr | Rs. 0.08 Cr | -76.47 % | -85.19 % |
Operating Profit | Rs. -0.34 Cr | Rs. -0.05 Cr | Rs. 0.29 Cr | + 680 % | + 185.29 % |
OPM % | -165.85 % | -16.95 % | 78.38 % | + 95.33 % | + 244.23 % |
Other Income | Rs. 0.006 Cr | Rs. 0.006 Cr | Rs. 0.008 Cr | + 33.33 % | + 33.33 % |
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. -0.33 Cr | Rs. -0.04 Cr | Rs. 0.3 Cr | + 850 % | + 190.91 % |
Tax % | -30.77 % | -2.63 % | 26.03 % | + 28.66 % | + 56.8 % |
Net Profit | Rs. -0.44 Cr | Rs. -0.04 Cr | Rs. 0.22 Cr | + 650 % | + 150 % |
EPS in Rs | Rs. -1.07 | Rs. -0.09 | Rs. 0.53 | + 688.89 % | + 149.53 % |
Today, we’re looking at Voltaire Leasing & Finance Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 80.49 %. However, it did see a marginal increase of 25.42 % from the previous quarter. Expenses decreased slightly by -76.47 % quarter-on-quarter, aligning with the annual decline of -85.19 %. Operating profit, while up 185.29 % compared to last year, faced a quarter-on-quarter increase of 680 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 244.23 %, but an expansion of 95.33 % sequentially. Other income rose by 33.33 % compared to the last quarter, despite an annual growth of 33.33 %. Profit before tax grew annually by 190.91 % but saw an increase from the preceding quarter by 850 %.
Tax expenses as a percentage of profits increased slightly by 56.8 % compared to last year, with a more notable quarter-on-quarter increase of 28.66 %. Net profit rose by 150 % year-on-year but experienced a 650 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 149.53 % but a quarterly rise of 688.89 %. In summary, Voltaire Leasing & Finance 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. 0.205 Cr | Rs. 0.295 Cr | Rs. 0.37 Cr | + 25.42 % | + 80.49 % |
Expenses | Rs. 0.54 Cr | Rs. 0.34 Cr | Rs. 0.08 Cr | -76.47 % | -85.19 % |
Operating Profit | Rs. -0.34 Cr | Rs. -0.05 Cr | Rs. 0.29 Cr | + 680 % | + 185.29 % |
Net Profit | Rs. -0.44 Cr | Rs. -0.04 Cr | Rs. 0.22 Cr | + 650 % | + 150 % |
EPS in Rs | Rs. -1.07 | Rs. -0.09 | Rs. 0.53 | + 688.89 % | + 149.53 % |
In reviewing Voltaire Leasing & Finance Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 80.49 % year-on-year growth, however, there was a minor increase of 25.42 % from the previous quarter. Expenses decreased by -85.19 % compared to the previous year, with a decrease of -76.47 % quarter-on-quarter. Operating Profit surged by 185.29 % annually, and saw a 680 % increase from the last quarter.
Net Profit showed yearly increase of 150 %, and experienced a 650 % increase from the previous quarter. Earnings Per Share (EPS) rose by 149.53 % annually, however rose by 688.89 % compared to the last quarter. In essence, while Voltaire Leasing & Finance 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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