Top Stories

Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read. August 2, 2024 at 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read. August 2, 2024 at 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read. August 2, 2024 at 12:36 PM

Categories

All Quarterly Result Economy Mutual Fund Business Company Market Budget IPO

DreamFolks' Q2FY24 Financial Performance Review

Oct 25, 2023

By: BlinkX Research Team

In this financial performance review, we delve into the results of DreamFolks for Q2FY24 and analyze key metrics, including revenue, expenses, net profit, and margin.

Particulars	Q2FY23	(Y-o-Y) % change	Q1FY24	(Q-o-Q) % change	Q2FY24
Total Income (₹crs.)	172.3	64.25	267.3	5.87	283
Expenses (₹crs.)	152.6	69.92	249.7	3.84	259.3
Net Profit (₹crs.)	14.81	19.24	12.96	36.27	17.66
Margin (%)	8.60	-2.36	4.85	1.39	6.24

REVENUE:
The company reported a total income of ₹283 crores for Q2FY24, with a steady 5.87% increase compared to the preceding quarter and a robust increase of 64.25% year-on-year.

EXPENSES:
They also recorded expenses amounting to ₹259.3 crores in Q2FY24, showing a significant 69.92% increase compared toQ2FY23. Furthermore, expenses demonstrated a minor increase of 3.84% when compared to the previous quarter.

NET PROFIT:
The net profit of the Company for Q2FY24 was ₹17.66 crores, indicating a significant 36.27% change compared to the preceding quarter and a solid growth of 19.24 compared to Q2 of the previous year.

MARGINS:
DreamFolks' margin in Q2FY24 was 6.24%. This figure exhibited a 1.39% increase compared to the previous quarter when the margin was 4.85%. Year-on-year, the margin saw a decrease of -2.36% compared to the corresponding quarter of the previous fiscal year.

In conclusion, DreamFolks' financial performance in Q2FY24 showcases a notable surge in revenue and net profit, as well as an improved margin. These positive trends may be attributed to return of passengers, and further analysis will be essential to assess the sustainability of these encouraging results.

Stay tuned for more detailed updates on DreamFolks' financial performance in the coming quarters.