Kalpa Commercial Q1 Results Live: Loss Rise by 15.9% YOY

Kalpa Commercial Q1 Results Live : Kalpa Commercial declared their Q1 results on 08 Aug, 2024. The topline remained stagnant with a 0% change year-on-year (YoY), while the loss increased by 15.9% YoY. This marks a challenging quarter for the company, highlighting financial strains despite steady revenue.

In comparison to the previous quarter, the company's revenue took a significant hit, declining by 100%. However, there was a silver lining as the loss decreased by 55.49% quarter-on-quarter (QoQ). This mixed performance indicates a complex financial landscape for Kalpa Commercial.

The Selling, General & Administrative (SG&A) expenses saw a dramatic rise of 110.48% QoQ, indicating increased operational costs. On a YoY basis, these expenses increased by 9.95%, further pressuring the company's profitability.

Operating income experienced a decline of 30.62% QoQ, but saw an increase of 7.6% YoY. This suggests some operational improvements over the year, although recent quarterly performance has been less favorable.

Earnings Per Share (EPS) for Q1 stood at ₹-0.04, a decrease of 33.33% YoY. This decline in EPS reflects the overall financial strain faced by Kalpa Commercial during the quarter.