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FLOMIC GLOBAL LOGISTICS : Q4 2024 Financial Quarterly Report : YoY Sales Up 34.04 %, QoQ Up 13.42 %

June 30, 2024June 30, 2024| adminadmin| 0 Comments| 8:45 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 34.04 % in the past year, substantial increase in net sales/revenue by 13.42 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -42.45 %, Marginal increase in other income during this quarter, up by 165.22%.
  • Profit over the Year and quarter: Significant improvement in profitability for FLOMIC GLOBAL LOGISTICS LIMITED. Notable increase of 105.15 % in net profit Year to Year, FLOMIC GLOBAL LOGISTICS LIMITED’s profitability dropped by -2.61 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 312.50 % Year to Year. EPS increased by 96.04 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of FLOMIC GLOBAL LOGISTICS 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. 75.224 Cr Rs. 88.904 Cr Rs. 100.832 Cr + 13.42 % + 34.04 %
Expenses Rs. 68.25 Cr Rs. 80.08 Cr Rs. 90.75 Cr + 13.32 % + 32.97 %
Operating Profit Rs. 6.97 Cr Rs. 8.82 Cr Rs. 10.08 Cr + 14.29 % + 44.62 %
OPM % 9.27 % 9.92 % 10 % + 0.08 % + 0.73 %
Other Income Rs. 1.06 Cr Rs. 0.23 Cr Rs. 0.61 Cr + 165.22 % -42.45 %
Interest Rs. 2.03 Cr Rs. 2.05 Cr Rs. 2.34 Cr + 14.15 % + 15.27 %
Depreciation Rs. 4.77 Cr Rs. 5.22 Cr Rs. 5.81 Cr + 11.3 % + 21.8 %
Profit before tax Rs. 1.23 Cr Rs. 1.78 Cr Rs. 2.54 Cr + 42.7 % + 106.5 %
Tax % 29.54 % 2.68 % 29.32 % + 26.64 % -0.22 %
Net Profit Rs. 0.87 Cr Rs. 1.84 Cr Rs. 1.79 Cr -2.72 % + 105.75 %
EPS in Rs Rs. 0.48 Rs. 1.01 Rs. 1.98 + 96.04 % + 312.5 %


Today, we’re looking at FLOMIC GLOBAL LOGISTICS 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 34.04 %. However, it did see a marginal increase of 13.42 % from the previous quarter. Expenses ticked up slightly by 13.32 % quarter-on-quarter, aligning with the annual rise of 32.97 %. Operating profit, while up 44.62 % compared to last year, faced a quarter-on-quarter increase of 14.29 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.73 %, but an expansion of 0.08 % sequentially. Other income rose by 165.22 % compared to the last quarter, despite an annual decline of -42.45 %. Interest expenses surged remarkably by 14.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.27 %. Depreciation costs climbed by 11.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.8 %. Profit before tax grew annually by 106.5 % but saw an increase from the preceding quarter by 42.7 %.
Tax expenses as a percentage of profits decreased slightly by -0.22 % compared to last year, with a more notable quarter-on-quarter increase of 26.64 %. Net profit rose by 105.75 % year-on-year but witnessed a -2.72 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 312.5 % but a quarterly rise of 96.04 %. In summary, FLOMIC GLOBAL LOGISTICS 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. 75.224 Cr Rs. 88.904 Cr Rs. 100.832 Cr + 13.42 % + 34.04 %
Expenses Rs. 68.25 Cr Rs. 80.08 Cr Rs. 90.75 Cr + 13.32 % + 32.97 %
Operating Profit Rs. 6.97 Cr Rs. 8.82 Cr Rs. 10.08 Cr + 14.29 % + 44.62 %
Net Profit Rs. 0.87 Cr Rs. 1.84 Cr Rs. 1.79 Cr -2.72 % + 105.75 %
EPS in Rs Rs. 0.48 Rs. 1.01 Rs. 1.98 + 96.04 % + 312.5 %


In reviewing FLOMIC GLOBAL LOGISTICS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.04 % year-on-year growth, however, there was a minor increase of 13.42 % from the previous quarter. Expenses rose by 32.97 % compared to the previous year, with a 13.32 % increase quarter-on-quarter. Operating Profit surged by 44.62 % annually, and saw a 14.29 % increase from the last quarter.
Net Profit showed yearly increase of 105.75 %, and experienced a -2.72 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 312.5 % annually, however rose by 96.04 % compared to the last quarter. In essence, while FLOMIC GLOBAL LOGISTICS LIMITED exhibits strong annual growth 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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