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Highlights
- The presented financial data is Consolidated 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 67.39 %. Marginal decrease of -30% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Warren Tea Ltd.. Notable increase of 38.46 % in net profit Year to Year, Warren Tea Ltd.’s profitability increased by 414.29 % in this quarter.
- EPS over the Year and quarter: EPS increased by 36.36 % Year to Year. EPS increased by 400 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.91 Cr | Rs. 1.82 Cr | Rs. 1.44 Cr | -20.88 % | + 58.24 % |
Operating Profit | Rs. -0.91 Cr | Rs. -1.82 Cr | Rs. -1.44 Cr | + 20.88 % | -58.24 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.46 Cr | Rs. 1.1 Cr | Rs. 0.77 Cr | -30 % | + 67.39 % |
Interest | Rs. 0 Cr | Rs. 0.04 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.09 Cr | Rs. 0.08 Cr | Rs. 0.05 Cr | -37.5 % | -44.44 % |
Profit before tax | Rs. -0.54 Cr | Rs. -0.84 Cr | Rs. -0.72 Cr | + 14.29 % | -33.33 % |
Tax % | -0 % | -55.95 % | -0 % | + 55.95 % | 0 % |
Net Profit | Rs. -0.52 Cr | Rs. -0.14 Cr | Rs. -0.72 Cr | -414.29 % | -38.46 % |
EPS in Rs | Rs. -0.44 | Rs. -0.12 | Rs. -0.6 | -400 % | -36.36 % |
Today, we’re looking at Warren Tea Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -20.88 % quarter-on-quarter, aligning with the annual rise of 58.24 %. Operating profit, while down -58.24 % compared to last year, faced a quarter-on-quarter increase of 20.88 %, signaling a short-term expansion in margins.
Other income fell by -30 % compared to the last quarter, despite an annual growth of 67.39 %. Depreciation costs fell by -37.5 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -44.44 %. Profit before tax declined annually by -33.33 % but saw an increase from the preceding quarter by 14.29 %.
with a more notable quarter-on-quarter increase of 55.95 %. Net profit fell by -38.46 % year-on-year but witnessed a -414.29 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -36.36 % but a quarterly fall of -400 %. In summary, Warren Tea 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. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.91 Cr | Rs. 1.82 Cr | Rs. 1.44 Cr | -20.88 % | + 58.24 % |
Operating Profit | Rs. -0.91 Cr | Rs. -1.82 Cr | Rs. -1.44 Cr | + 20.88 % | -58.24 % |
Net Profit | Rs. -0.52 Cr | Rs. -0.14 Cr | Rs. -0.72 Cr | -414.29 % | -38.46 % |
EPS in Rs | Rs. -0.44 | Rs. -0.12 | Rs. -0.6 | -400 % | -36.36 % |
In reviewing Warren Tea Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 58.24 % compared to the previous year, with a decrease of -20.88 % quarter-on-quarter. Operating Profit dropped by -58.24 % annually, and saw a 20.88 % increase from the last quarter.
Net Profit showed yearly decrease of -38.46 %, and experienced a -414.29 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -36.36 % annually, however dipped by -400 % compared to the last quarter. In essence, while Warren Tea 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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