Adline Chem Labs Q1 Results Live : Adline Chem Labs announced their Q1 results on 15 Jul, 2024. The company reported a 0% decrease in revenue compared to the same quarter last year.
However, the loss increased by 23.84% year-over-year, which is a concerning trend for the company.
The Selling, general & administrative expenses saw a significant rise of 214.04% quarter-over-quarter and a 110.59% increase year-over-year.
Additionally, the operating income declined by 61.82% compared to the previous quarter and decreased by 23.84% year-over-year.
The earnings per share (EPS) for Q1 was reported at ₹-0.17, showing a 21.43% decrease year-over-year.
Overall, Adline Chem Labs needs to address the increasing loss and expenses to improve its financial performance in the upcoming quarters.
Adline Chem Labs Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 0 | 0 | -0% | 0 | -0% |
| Selling/ General/ Admin Expenses Total | 0.04 | 0.01 | +214.04% | 0.02 | +110.59% |
| Depreciation/ Amortization | 0 | 0 | -0% | 0 | -0% |
| Total Operating Expense | 0.1 | 0.06 | +61.82% | 0.08 | +23.84% |
| Operating Income | -0.1 | -0.06 | -61.82% | -0.08 | -23.84% |
| Net Income Before Taxes | -0.1 | -0.04 | -181.39% | -0.08 | -23.84% |
| Net Income | -0.1 | -0.04 | -181.39% | -0.08 | -23.84% |
| Diluted Normalized EPS | -0.17 | -0.06 | -183.33% | -0.14 | -21.43% |