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Highlights
- Sales over the Year and quarter: The company’s sales declined by -24.02 % over the year, decrease in net sales/revenue by -43.53 %.
- 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 500 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Virgo Global Limited. Profit dropped by -950 % Year to Year, Virgo Global Limited’s profitability dropped by -50.32 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -1,066.67 % Year to Year. EPS decreased by -50.85 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 18.006 Cr | Rs. 24.225 Cr | Rs. 13.681 Cr | -43.53 % | -24.02 % |
Expenses | Rs. 17.91 Cr | Rs. 23.61 Cr | Rs. 13.36 Cr | -43.41 % | -25.4 % |
Operating Profit | Rs. 0.1 Cr | Rs. 0.62 Cr | Rs. 0.32 Cr | -48.39 % | + 220 % |
OPM % | 0.56 % | 2.56 % | 2.34 % | -0.22 % | + 1.78 % |
Other Income | Rs. -0.02 Cr | Rs. 0 Cr | Rs. 0.08 Cr | 0 % | + 500 % |
Interest | Rs. 0.11 Cr | Rs. 0 Cr | Rs. 0.03 Cr | 0 % | -72.73 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.03 Cr | Rs. 0.62 Cr | Rs. 0.37 Cr | -40.32 % | + 1333.33 % |
Tax % | -20 % | 0 % | 17.3 % | + 17.3 % | + 37.3 % |
Net Profit | Rs. -0.04 Cr | Rs. 0.62 Cr | Rs. 0.31 Cr | -50 % | + 875 % |
EPS in Rs | Rs. -0.03 | Rs. 0.59 | Rs. 0.29 | -50.85 % | + 1066.67 % |
Today, we’re looking at Virgo Global 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 -24.02 %. However, it did see a marginal slip of -43.53 % from the previous quarter. Expenses decreased slightly by -43.41 % quarter-on-quarter, aligning with the annual decline of -25.4 %. Operating profit, while up 220 % compared to last year, faced a quarter-on-quarter dip of -48.39 %, 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 1.78 %, but a shrinkage of -0.22 % sequentially. despite an annual growth of 500 %. yet the year-over-year decrease remains at a moderate -72.73 %. Profit before tax grew annually by 1333.33 % but saw a reduction from the preceding quarter by -40.32 %.
Tax expenses as a percentage of profits increased slightly by 37.3 % compared to last year, with a more notable quarter-on-quarter increase of 17.3 %. Net profit rose by 875 % year-on-year but witnessed a -50 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1066.67 % but a quarterly fall of -50.85 %. In summary, Virgo Global 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. 18.006 Cr | Rs. 24.225 Cr | Rs. 13.681 Cr | -43.53 % | -24.02 % |
Expenses | Rs. 17.91 Cr | Rs. 23.61 Cr | Rs. 13.36 Cr | -43.41 % | -25.4 % |
Operating Profit | Rs. 0.1 Cr | Rs. 0.62 Cr | Rs. 0.32 Cr | -48.39 % | + 220 % |
Net Profit | Rs. -0.04 Cr | Rs. 0.62 Cr | Rs. 0.31 Cr | -50 % | + 875 % |
EPS in Rs | Rs. -0.03 | Rs. 0.59 | Rs. 0.29 | -50.85 % | + 1066.67 % |
In reviewing Virgo Global Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -24.02 % year-on-year, although there was a slight dip of -43.53 % from the previous quarter. Expenses decreased by -25.4 % compared to the previous year, with a decrease of -43.41 % quarter-on-quarter. Operating Profit surged by 220 % annually, and saw a -48.39 % decrease from the last quarter.
Net Profit showed yearly increase of 875 %, and experienced a -50 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1066.67 % annually, however dipped by -50.85 % compared to the last quarter. In essence, while Virgo Global 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.