Negotium International Trade Posts Flat Revenue but Narrows Quarterly Loss
The trading company's revenue held steady while its quarterly loss improved, though profitability remains a challenge.
Negotium International Trade reported flat revenue for Q1 FY23 but managed to reduce its quarterly loss, moving from a negative profit to a break-even position.
Negotium International Trade's first-quarter earnings for FY23 show a stable top line but a continued struggle for profitability. Revenue remained flat compared to the previous quarter, while the company managed to narrow its quarterly loss to a break-even point.
The company's revenue held steady at ₹0.02 crore for the quarter ended June 2022, unchanged from the March quarter. However, profit improved to ₹0.0 crore, up from a loss of ₹0.01 crore in Q4 FY22. This shift moved the net profit margin from -50% to 0%, indicating a move away from loss-making territory, though not yet into positive earnings.
Revenue (₹ Cr)
Profit (₹ Cr)
Net Profit Margin (%)
| Metric | CurrentQ1 FY23 | PreviousQ4 FY22 |
|---|---|---|
| Period | Quarter ended June 2022 | Quarter ended March 2022 |
| Revenue (₹ Cr) | 0.02 | 0.02 |
| Profit (₹ Cr) | 0.0 | -0.01 |
| Net Profit Margin (%) | 0.0 | -50.0 |
Key Points
- The company's return on equity (ROE) stands at -1.35%, reflecting challenges in generating profit from shareholder equity.
- Its debt-to-equity ratio is 1.79, indicating a leveraged balance sheet.
- Trailing twelve-month earnings per share (EPS) is negative at -₹0.01.
The break-even result this quarter is a step forward, but sustained revenue growth and a path to consistent profitability will be critical for the trading firm's financial health.
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· NEGOTIUM INTL TRADE
(BSE)
ISIN: INE339P01046
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