Share the post "Bliss GVS Pharma : Q1 2024 Financial Quarterly Report : YoY Sales Up 36.67 %, QoQ Down 9.07 %"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 36.67 % in the past year, decrease in net sales/revenue by -9.07 %.
- 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 4.81 %. Marginal increase in other income during this quarter, up by 120.97%.
- Profit over the Year and quarter: Significant improvement in profitability for Bliss GVS Pharma Limited. Notable increase of 159.07 % in net profit Year to Year, Bliss GVS Pharma Limited’s profitability dropped by -269.44 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 156.94 % Year to Year. EPS decreased by -266.67 % 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. 108.992 Cr | Rs. 163.817 Cr | Rs. 148.963 Cr | -9.07 % | + 36.67 % |
Expenses | Rs. 97.94 Cr | Rs. 138.67 Cr | Rs. 122.22 Cr | -11.86 % | + 24.79 % |
Operating Profit | Rs. 11.05 Cr | Rs. 25.15 Cr | Rs. 26.74 Cr | + 6.32 % | + 141.99 % |
OPM % | 10.14 % | 15.35 % | 17.95 % | + 2.6 % | + 7.81 % |
Other Income | Rs. 6.527 Cr | Rs. -32.622 Cr | Rs. 6.841 Cr | + 120.97 % | + 4.81 % |
Interest | Rs. 1.31 Cr | Rs. 1.53 Cr | Rs. 1.17 Cr | -23.53 % | -10.69 % |
Depreciation | Rs. 5.36 Cr | Rs. 6.23 Cr | Rs. 6.26 Cr | + 0.48 % | + 16.79 % |
Profit before tax | Rs. 10.91 Cr | Rs. -15.23 Cr | Rs. 26.15 Cr | + 271.7 % | + 139.69 % |
Tax % | 31.26 % | -24.76 % | 25.75 % | + 50.51 % | -5.51 % |
Net Profit | Rs. 7.5 Cr | Rs. -11.46 Cr | Rs. 19.42 Cr | + 269.46 % | + 158.93 % |
EPS in Rs | Rs. 0.71 | Rs. -1.08 | Rs. 1.81 | + 267.59 % | + 154.93 % |
Today, we’re looking at Bliss GVS Pharma Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 36.67 %. However, it did see a marginal slip of -9.07 % from the previous quarter. Expenses decreased slightly by -11.86 % quarter-on-quarter, aligning with the annual rise of 24.79 %. Operating profit, while up 141.99 % compared to last year, faced a quarter-on-quarter increase of 6.32 %, 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 7.81 %, but an expansion of 2.6 % sequentially. Other income rose by 120.97 % compared to the last quarter, despite an annual growth of 4.81 %. Interest expenses dropped significantly by -23.53 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.69 %. Depreciation costs climbed by 0.48 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.79 %. Profit before tax grew annually by 139.69 % but saw an increase from the preceding quarter by 271.7 %.
Tax expenses as a percentage of profits decreased slightly by -5.51 % compared to last year, with a more notable quarter-on-quarter increase of 50.51 %. Net profit rose by 158.93 % year-on-year but experienced a 269.46 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 154.93 % but a quarterly rise of 267.59 %. In summary, Bliss GVS Pharma 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. 108.992 Cr | Rs. 163.817 Cr | Rs. 148.963 Cr | -9.07 % | + 36.67 % |
Expenses | Rs. 97.94 Cr | Rs. 138.67 Cr | Rs. 122.22 Cr | -11.86 % | + 24.79 % |
Operating Profit | Rs. 11.05 Cr | Rs. 25.15 Cr | Rs. 26.74 Cr | + 6.32 % | + 141.99 % |
Net Profit | Rs. 7.5 Cr | Rs. -11.46 Cr | Rs. 19.42 Cr | + 269.46 % | + 158.93 % |
EPS in Rs | Rs. 0.71 | Rs. -1.08 | Rs. 1.81 | + 267.59 % | + 154.93 % |
In reviewing Bliss GVS Pharma Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 36.67 % year-on-year growth, although there was a slight dip of -9.07 % from the previous quarter. Expenses rose by 24.79 % compared to the previous year, with a decrease of -11.86 % quarter-on-quarter. Operating Profit surged by 141.99 % annually, and saw a 6.32 % increase from the last quarter.
Net Profit showed yearly increase of 158.93 %, and experienced a 269.46 % increase from the previous quarter. Earnings Per Share (EPS) rose by 154.93 % annually, however rose by 267.59 % compared to the last quarter. In essence, while Bliss GVS Pharma 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.