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7NR Retail Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 90.33 % in YoY and decreased by 47.24 % in QoQ

May 10, 2024May 10, 2024| adminadmin| 0 Comments| 4:10 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -90.33 % over the year, decrease in net sales/revenue by -47.24 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 19.57 %. Marginal increase in other income during this quarter, up by 1933.33%.
  • Profit over the Year and quarter: Significant improvement in profitability for 7NR Retail Limited. Notable increase of 9.52 % in net profit Year to Year, 7NR Retail Limited’s profitability dropped by -51.27 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -200.00 % Year to Year. EPS decreased by -150 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of 7NR Retail Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 10.388 Cr Rs. 1.905 Cr Rs. 1.005 Cr -47.24 % -90.33 %
Expenses Rs. 10.96 Cr Rs. 2.26 Cr Rs. 1.69 Cr -25.22 % -84.58 %
Operating Profit Rs. -0.57 Cr Rs. -0.36 Cr Rs. -0.69 Cr -91.67 % -21.05 %
OPM % -5.49 % -18.9 % -68.66 % -49.76 % -63.17 %
Other Income Rs. 0.46 Cr Rs. -0.03 Cr Rs. 0.55 Cr + 1933.33 % + 19.57 %
Interest Rs. 0.02 Cr Rs. 0.02 Cr Rs. 0.09 Cr + 350 % + 350 %
Depreciation Rs. 0.06 Cr Rs. 0.07 Cr Rs. 0.07 Cr + 0 % + 16.67 %
Profit before tax Rs. -0.19 Cr Rs. -0.48 Cr Rs. -0.3 Cr + 37.5 % -57.89 %
Tax % -7.14 % -0 % -20.14 % -20.14 % -13 %
Net Profit Rs. -0.21 Cr Rs. -0.47 Cr Rs. -0.23 Cr + 51.06 % -9.52 %
EPS in Rs Rs. -0.01 Rs. -0.02 Rs. 0.01 + 150 % + 200 %


Today, we’re looking at 7NR Retail Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -90.33 %. However, it did see a marginal slip of -47.24 % from the previous quarter. Expenses decreased slightly by -25.22 % quarter-on-quarter, aligning with the annual decline of -84.58 %. Operating profit, while down -21.05 % compared to last year, faced a quarter-on-quarter dip of -91.67 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -63.17 %, but a shrinkage of -49.76 % sequentially. Other income rose by 1933.33 % compared to the last quarter, despite an annual growth of 19.57 %. Interest expenses surged remarkably by 350 % from the previous quarter, yet the year-over-year increase remains at a moderate 350 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.67 %. Profit before tax declined annually by -57.89 % but saw an increase from the preceding quarter by 37.5 %.
Tax expenses as a percentage of profits decreased slightly by -13 % compared to last year, with a more notable quarter-on-quarter decrease of -20.14 %. Net profit fell by -9.52 % year-on-year but experienced a 51.06 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 200 % but a quarterly rise of 150 %. In summary, 7NR Retail Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 10.388 Cr Rs. 1.905 Cr Rs. 1.005 Cr -47.24 % -90.33 %
Expenses Rs. 10.96 Cr Rs. 2.26 Cr Rs. 1.69 Cr -25.22 % -84.58 %
Operating Profit Rs. -0.57 Cr Rs. -0.36 Cr Rs. -0.69 Cr -91.67 % -21.05 %
Net Profit Rs. -0.21 Cr Rs. -0.47 Cr Rs. -0.23 Cr + 51.06 % -9.52 %
EPS in Rs Rs. -0.01 Rs. -0.02 Rs. 0.01 + 150 % + 200 %


In reviewing 7NR Retail Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -90.33 % year-on-year, although there was a slight dip of -47.24 % from the previous quarter. Expenses decreased by -84.58 % compared to the previous year, with a decrease of -25.22 % quarter-on-quarter. Operating Profit dropped by -21.05 % annually, and saw a -91.67 % decrease from the last quarter.
Net Profit showed yearly decrease of -9.52 %, and experienced a 51.06 % increase from the previous quarter. Earnings Per Share (EPS) rose by 200 % annually, however rose by 150 % compared to the last quarter. In essence, while 7NR Retail Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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