Quarter on Quarter : 30 Sep 2022 Vs 30 June 2022
Year on Year : 30 Sep 2022 Vs 30 Sep 2021
Total Income :
47.43 % Up quarter on quarter
7.26 % Up Year on Year
Gross Profit :
49.67 % Down quarter on quarter
67.16 % Down Year on Year
Total Income is increased in Quarter on Quarter by 47.43% and 7.26% year on year. But, Gross profits dropped significantly.
Lets observe the COGS (Cost of Good sold) increased significantly in Quarter on Quarter i.e. by 107.14% and also Year on Year i.e. 62.20%.
This was one reason that I have observed here for reporting losses in the quarter Q2FY23.
I am not understanding it all. If anyone can suggest in comment box. Is it due to inventory pileup ? Please suggest in comment box.
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