Raymond Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 21.32 % in YoY and increased by 9.32 % in QoQ

The comprehensive analytics outlining the performance and outlook of Raymond 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.

Today, we’re looking at Raymond 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 21.32 %. However, it did see a marginal increase of 9.32 % from the previous quarter. Expenses ticked up slightly by 7.33 % quarter-on-quarter, aligning with the annual rise of 19.81 %. Operating profit, while up 29.43 % compared to last year, faced a quarter-on-quarter increase of 20.44 %, 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 1.05 %, but an expansion of 1.54 % sequentially. Other income rose by 32.05 % compared to the last quarter, despite an annual growth of 42.5 %. Interest expenses surged remarkably by 0.01 % from the previous quarter, yet the year-over-year increase remains at a moderate 61.1 %. Depreciation costs climbed by 25.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 43.3 %. Profit before tax grew annually by 21.3 % but saw an increase from the preceding quarter by 30.31 %.
Tax expenses as a percentage of profits increased slightly by 11.95 % compared to last year, with a more notable quarter-on-quarter increase of 1.57 %. Net profit rose by 16.95 % year-on-year but experienced a 23.95 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 18.02 % but a quarterly rise of 24.95 %. In summary, Raymond Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Raymond Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.32 % year-on-year growth, however, there was a minor increase of 9.32 % from the previous quarter. Expenses rose by 19.81 % compared to the previous year, with a 7.33 % increase quarter-on-quarter. Operating Profit surged by 29.43 % annually, and saw a 20.44 % increase from the last quarter.
Net Profit showed yearly increase of 16.95 %, and experienced a 23.95 % increase from the previous quarter. Earnings Per Share (EPS) rose by 18.02 % annually, however rose by 24.95 % compared to the last quarter. In essence, while Raymond 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.