Inceptum Enterprises Reports No Revenue and Sustained Losses in Q1 FY24
The financial services firm reported zero revenue for the fifth consecutive quarter, with a consistent quarterly loss of ₹0.01 crore.
Inceptum Enterprises posted zero revenue and a loss of ₹0.01 crore in Q1 FY24, continuing a pattern of no sales and persistent losses over the last five quarters.
Inceptum Enterprises reported its financial results for the first quarter of FY24, showing a continuation of a challenging trend. The company recorded zero revenue and a net loss of ₹0.01 crore for the quarter ended June 2023, matching its performance from the same period last year and the preceding quarter.
A look at the last five quarters reveals a persistent pattern of no revenue generation and consistent losses.
Revenue (₹ Cr)
Profit (₹ Cr)
| Metric | CurrentQ1 FY24 | PreviousQ4 FY23 | Same quarter LYQ1 FY23 |
|---|---|---|---|
| Period Ended | June 2023 | March 2023 | June 2022 |
| Revenue (₹ Cr) | 0.0 | 0.0 | 0.0 |
| Profit (₹ Cr) | -0.01YoY 0% | -0.01 | -0.01 |
This table highlights the absence of any revenue growth or profit improvement over the last year. The trailing twelve-month (TTM) figures further underscore the situation, with total revenue at zero and a cumulative loss of ₹0.04 crore.
Key Points
- The company's Return on Equity (ROE) stands at -3.16%, reflecting the impact of sustained losses on shareholder capital.
- Its debt-to-equity ratio is 0.61, indicating a moderate level of leverage.
- The trailing twelve-month earnings per share (EPS) is negative at -0.1.
The immediate challenge for Inceptum Enterprises remains breaking its revenue drought to stem the ongoing losses.
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· INCEPTUM ENTR
(BSE)
ISIN: INE784P01035
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