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Salora International : Q4 2024 Financial Quarterly Report : YoY Sales Up 42.33 %, QoQ Down 29.34 %

June 24, 2024June 24, 2024| adminadmin| 0 Comments| 6:30 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 42.33 % in the past year, decrease in net sales/revenue by -29.34 %.
  • 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 263.64 %. Marginal decrease of -5.88% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Salora International Limited. Profit dropped by -67.16 % Year to Year, Salora International Limited’s profitability dropped by -3476.19 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -67.35 % Year to Year. EPS decreased by -4100 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Salora International 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. 23.009 Cr Rs. 46.344 Cr Rs. 32.748 Cr -29.34 % + 42.33 %
Expenses Rs. 24.14 Cr Rs. 46.67 Cr Rs. 33.95 Cr -27.26 % + 40.64 %
Operating Profit Rs. -1.13 Cr Rs. -0.33 Cr Rs. -1.2 Cr -263.64 % -6.19 %
OPM % -4.91 % -0.71 % -3.66 % -2.95 % + 1.25 %
Other Income Rs. 0.22 Cr Rs. 0.85 Cr Rs. 0.8 Cr -5.88 % + 263.64 %
Interest Rs. 0.28 Cr Rs. 0.45 Cr Rs. 0.49 Cr + 8.89 % + 75 %
Depreciation Rs. 0.05 Cr Rs. 0.06 Cr Rs. 0.05 Cr -16.67 % + 0 %
Profit before tax Rs. -1.24 Cr Rs. 0.01 Cr Rs. -0.94 Cr -9500 % + 24.19 %
Tax % -20.07 % 4.76 % -24.57 % -29.33 % -4.5 %
Net Profit Rs. -2.16 Cr Rs. 0.02 Cr Rs. -0.71 Cr -3650 % + 67.13 %
EPS in Rs Rs. -2.45 Rs. 0.02 Rs. -0.8 -4100 % + 67.35 %


Today, we’re looking at Salora International Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 42.33 %. However, it did see a marginal slip of -29.34 % from the previous quarter. Expenses decreased slightly by -27.26 % quarter-on-quarter, aligning with the annual rise of 40.64 %. Operating profit, while down -6.19 % compared to last year, faced a quarter-on-quarter dip of -263.64 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.25 %, but a shrinkage of -2.95 % sequentially. Other income fell by -5.88 % compared to the last quarter, despite an annual growth of 263.64 %. Interest expenses surged remarkably by 8.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 75 %. Depreciation costs fell by -16.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 24.19 % but saw a reduction from the preceding quarter by -9500 %.
Tax expenses as a percentage of profits decreased slightly by -4.5 % compared to last year, with a more notable quarter-on-quarter decrease of -29.33 %. Net profit rose by 67.13 % year-on-year but witnessed a -3650 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 67.35 % but a quarterly fall of -4100 %. In summary, Salora International 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. 23.009 Cr Rs. 46.344 Cr Rs. 32.748 Cr -29.34 % + 42.33 %
Expenses Rs. 24.14 Cr Rs. 46.67 Cr Rs. 33.95 Cr -27.26 % + 40.64 %
Operating Profit Rs. -1.13 Cr Rs. -0.33 Cr Rs. -1.2 Cr -263.64 % -6.19 %
Net Profit Rs. -2.16 Cr Rs. 0.02 Cr Rs. -0.71 Cr -3650 % + 67.13 %
EPS in Rs Rs. -2.45 Rs. 0.02 Rs. -0.8 -4100 % + 67.35 %


In reviewing Salora International Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 42.33 % year-on-year growth, although there was a slight dip of -29.34 % from the previous quarter. Expenses rose by 40.64 % compared to the previous year, with a decrease of -27.26 % quarter-on-quarter. Operating Profit dropped by -6.19 % annually, and saw a -263.64 % decrease from the last quarter.
Net Profit showed yearly increase of 67.13 %, and experienced a -3650 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 67.35 % annually, however dipped by -4100 % compared to the last quarter. In essence, while Salora International Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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