What are the Q1 Results?

Q1 is an acronym for the first quarter of the fiscal year. Q1 results refers to the result of a company’s performance in the first quarter of the fiscal year. In total, there are 4 quarterly results i.e., Q1 results, Q2 results, Q3 results and Q4 results. Each quarter of a fiscal year lasts for a period of 3 months.

The quarterly results of a company help the stakeholders and general public to track the company’s financial and operational performance and understand the approaches laid down for the upcoming quarters. 

What is a Fiscal Year?

Fiscal Year refers to a time period of 12 months or 54 weeks for which a business entity is required to provide its physical inventory count and balance sheets information. 

In India, a fiscal year starts from 1st April and lasts till 31st March of the next year. Q1 of fiscal year lasts for three months i.e., April, May and June. Whereas, Q2 lasts for three months i.e., July, August and September. Q3 lasts for three months i.e., October, November and December and Q4 lasts for three months i.e., January, February and March.

Q1, Q2, Q3 and Q4: Quarterly Results for 2024-25 

For the 2024-2025 fiscal year, the quarterly results for each quarter will be announced for following periods.

• Q1: 01st April 2024 to 30th June 2024
• Q2: 01st July 2024 to 30th September 2024 
• Q3: 01st October 2024 to 30th December 2024
• Q4: 01st January 2025 to 31st March 2025

What is a Quarterly Financial Report?

It is a company’s financial report for 3 months. It is basically a summary or collection of financial statements of a company like balance sheet and income statement. All the publicly traded companies file their quarterly financial reports 4 times in a fiscal year.

Importance of Q1 Results

Q1 results of a company helps the investors and stakeholders to learn about how much profit or loss the company has made. If a company has expanded its business operations, and an investor wants to find out if the company has any profit from expansion, he can judge the same from the next quarterly report. 

By releasing quarterly reports, a company maintains transparency with its shareholders, investors and the general public. The Securities and Exchange Board of India has made it mandatory for all the listed companies to share their profit, revenue, margin and other financial information for each quarter at every quarter’s end. This helps the inventors to measure the ‘health’ of a company.

Conclusion

If you check whether a company has been making profits or losses, you must check their quarterly results. All the publicly listed companies on stock exchanges like NSE and BSE are mandated by SEBI to release their quarterly results. These results help the investors to make the right investment decisions. If you liked this blog post, check out the rest of the blog posts at Registrationkraft!