Dalmia Industrial Development Q1 Results Revenue ₹0.03 Crore & Operating Loss ₹0.14 Crore

Dalmia Industrial Development Q1 Results: Dalmia Industrial Development's financial results for the first quarter show significant changes compared to previous periods. In the quarter ending June 24, the company's total revenue was very low at ₹0.03 crore, a big drop of 62.15% from ₹0.13 crore in the previous quarter (March 23) and a staggering 93.73% drop from ₹0.45 crore in the same quarter last year (June 23). 

Dalmia Industrial Development spending on general and administrative expenses stayed the same at ₹0.03 crore, but it was higher compared to the same quarter last year by 19.38%. They didn’t report any depreciation or amortization costs this quarter. Other operating expenses decreased by 31.42% from ₹0.08 crore last quarter but were 14.13% lower than the same quarter last year.

Dalmia Industrial Development’s total operating expenses were ₹0.17 crore, down 29.17% from the previous quarter and 67.70% lower than the same quarter last year. The company had an operating loss of ₹0.14 crore, a higher loss than ₹0.11 crore in the previous quarter and a worse situation than the ₹0.06 crore loss in the same quarter last year. Net income before taxes and net income both showed negative results, worsening from the previous quarter and the same quarter last year.

The diluted normalized earnings per share (EPS) were negative ₹0.04, which is a significant decline from ₹0.02 last quarter but better compared to ₹0.02 last year. Overall, the company faced a tough quarter with decreased revenue and increased losses compared to both previous periods.

Here’s a summary of Dalmia Industrial Development's Q1 results:

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Dalmia Industrial Development Q1 Results

Dalmia Industrial Development recently released its financial results for the quarter ending on June 30, 2024. For this quarter, the company earned ₹78 lakhs from sales and ₹580 lakhs from other sources, totaling ₹862 lakhs in income. Their expenses included ₹171.52 lakhs for buying stock, and ₹161.96 lakhs for changes in inventory. They also spent ₹3.08 lakhs on employee benefits and ₹3.89 lakhs on other costs. The total expenses for the quarter were ₹165.3 lakhs.

Dalmia Industrial Development’s profit before taxes and exceptional items was a loss of ₹7.91 lakhs. After accounting for taxes, which were ₹0.62 lakhs, the net loss for the quarter was ₹7.91 lakhs. This means the company did not make any profit this quarter but instead had a small loss. The earnings per share, which shows the profit or loss per share of stock, were negative at ₹(0.04) for basic and diluted shares. 

Dalmia Industrial Development’s equity share capital remains at ₹2024.75 lakhs, and their reserves stayed the same at ₹3847 lakhs. Overall, the company’s financial performance this quarter shows a loss, with no comprehensive income beyond the reported loss.

Here is a simplified summary of the standalone unaudited financial results for Dalmia Industrial Development for the quarter ended June 30, 2024:

Dalmia Industrial Development Stock Metrics 

The Dalmia Industrial Development table shows key financial details about a company's stock. The market capitalization is ₹21.4 crore, which is the total value of all its shares. The current price of the stock is ₹10.6. The Price-to-Earnings (P/E) ratio is 164, indicating how expensive the stock is relative to its earnings. The book value per share is ₹10.2, showing the company's net worth per share. 

Here's the information presented in a simple table format:

Quarterly Results 

Dalmia Industrial Development table shows financial performance over three quarters: December 2023, March 2024, and June 2024. In December 2023, the company had low sales and expenses but a small loss. By March 2024, sales increased, and the company saw a profit due to reduced expenses, leading to a high operating profit margin of 428.57%. 

Here's the table details for December 2023, March 2024, and June 2024:

About Dalmia Industrial Development 

Dalmia Industrial Development, established on November 4, 1982, is a public company under Indian law. It started its business officially on November 16, 1982, with the name unchanged since then. The company has consistently followed all legal regulations. Recently, Dalmia Industrial issued 2 Crore equity shares to non-promoters in compliance with Indian company law and SEBI regulations. 

Dalmia Industrial Development has also made agreements with Maheshwari Datamatics for managing share-related activities. The company sought to be listed on the Metropolitan Stock Exchange of India, receiving approval on February 26, 2015. Additionally, it obtained approval from the Bombay Stock Exchange on May 27, 2016, with the listing effective from May 31, 2016.

Dalmia Industrial Development is primarily involved in buying and selling designer Indian ethnic sarees and related accessories. The company aims to showcase the elegance and beauty of Indian sarees, sharing the stories behind their fabrics, colors, and designs with customers. Its mission is to support the growth of industries and its vision is to expand its global presence and knowledge in the field.