Lucent Industries Q1 Results Revenue Remains at ₹0.57 Lakhs, Net Loss Widens to ₹6.55 Lakhs

Lucent Industries Q1 Results 2024-2025: Lucent Industries released its Q1 results for the fiscal year 2024-2025 on August 2, 2024, disclosing a substantial decline in performance compared to the previous quarter. The company's revenue for the quarter ending June 30, 2024, remained stagnant at ₹0.57 lakhs, showing no growth from the ₹0.56 lakhs reported in Q4 2023-2024.

Year-over-year (YoY), this figure represents a significant drop from ₹5.23 lakhs in Q1 2023-2024, reflecting an 89.1% decrease. The company faced a loss of ₹6.55 lakhs, compared to a loss of ₹0.57 lakhs in the corresponding period of the previous year, marking a staggering 1,048.2% YoY deterioration.

The financial results also highlighted a quarterly decrease in total expenses by 87.1% from ₹51.15 lakhs in Q4 2023-2024 to ₹6.55 lakhs in Q1 2024-2025, indicating effective cost-cutting measures but inadequate to offset the revenue decline.

This quarter-over-quarter (QoQ) drop underscores the company's ongoing struggle with operational inactivity due to a scarcity of working capital. The YoY and QoQ declines in net profit further emphasize Lucent Industries' challenging financial situation, with the net loss widening significantly, reflecting the company's continued financial distress.

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Lucent Industries Q1 Results 2024-2025

Lucent Industries has released its financial results for the first quarter of the fiscal year 2024-2025. The following table summarizes the key figures from their Q1 performance:

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Lucent Industries Current Market Overview

Lucent Industries Ltd is currently trading at ₹350 per share, showing a slight increase of 1.99% as of 4 September 2024. The company has a market value of ₹526 crore. Despite this, Lucent Industries has faced significant financial difficulties, with its stock price having varied widely from ₹41.4 to ₹350.

The company is not paying any dividends and shows negative returns on both capital employed and equity. This indicates ongoing struggles in achieving profitability and financial stability.

Q1 Results

The table below outlines the financial performance of Lucent Industries Ltd for the last three quarters. It includes key metrics such as sales, expenses, operating profit, and net profit.

About Lucent Industries

Lucent Industries Ltd, founded in 2010, specializes in vocational training, skill development, and corporate training services. The company aims to enhance professional skills and provide integrated talent management solutions.

Despite its strong focus on business excellence and HR solutions, Lucent Industries is currently facing financial challenges and is not actively conducting business due to a lack of working capital. Several cost-cutting measures have been implemented in an effort to restore operations and improve the company's financial stability.

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