Share the post "CNI Research Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 197.96 % in YoY and increased by 49.38 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 197.96 % in the past year, substantial increase in net sales/revenue by 49.38 %.
- 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 168.75 %. Marginal increase in other income during this quarter, up by 217.86%.
- Profit over the Year and quarter: Challenges in sustaining profitability for CNI Research Ltd. Profit dropped by -68.41 % Year to Year, CNI Research Ltd’s profitability dropped by -231.03 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -112.50 % Year to Year. EPS decreased by -200 % 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. 0.933 Cr | Rs. 1.861 Cr | Rs. 2.78 Cr | + 49.38 % | + 197.96 % |
Expenses | Rs. 0.97 Cr | Rs. 1.78 Cr | Rs. 2.82 Cr | + 58.43 % | + 190.72 % |
Operating Profit | Rs. -0.04 Cr | Rs. 0.08 Cr | Rs. -0.04 Cr | -150 % | + 0 % |
OPM % | -4.29 % | 4.3 % | -1.44 % | -5.74 % | + 2.85 % |
Other Income | Rs. -0.48 Cr | Rs. -0.28 Cr | Rs. 0.33 Cr | + 217.86 % | + 168.75 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.52 Cr | Rs. -0.2 Cr | Rs. 0.29 Cr | + 245 % | + 155.77 % |
Tax % | 0 % | -0 % | 5.34 % | + 5.34 % | + 5.34 % |
Net Profit | Rs. 0.84 Cr | Rs. -0.2 Cr | Rs. 0.27 Cr | + 235 % | -67.86 % |
EPS in Rs | Rs. -0.16 | Rs. -0.02 | Rs. 0.02 | + 200 % | + 112.5 % |
Today, we’re looking at CNI Research Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 197.96 %. However, it did see a marginal increase of 49.38 % from the previous quarter. Expenses ticked up slightly by 58.43 % quarter-on-quarter, aligning with the annual rise of 190.72 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -150 %, 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 2.85 %, but a shrinkage of -5.74 % sequentially. Other income rose by 217.86 % compared to the last quarter, despite an annual growth of 168.75 %. Interest expenses surged remarkably by 150 % from the previous quarter, yet the year-over-year increase remains at a moderate 150 %. Profit before tax grew annually by 155.77 % but saw an increase from the preceding quarter by 245 %.
Tax expenses as a percentage of profits increased slightly by 5.34 % compared to last year, with a more notable quarter-on-quarter increase of 5.34 %. Net profit fell by -67.86 % year-on-year but experienced a 235 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 112.5 % but a quarterly rise of 200 %. In summary, CNI Research Ltd’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. 0.933 Cr | Rs. 1.861 Cr | Rs. 2.78 Cr | + 49.38 % | + 197.96 % |
Expenses | Rs. 0.97 Cr | Rs. 1.78 Cr | Rs. 2.82 Cr | + 58.43 % | + 190.72 % |
Operating Profit | Rs. -0.04 Cr | Rs. 0.08 Cr | Rs. -0.04 Cr | -150 % | + 0 % |
Net Profit | Rs. 0.84 Cr | Rs. -0.2 Cr | Rs. 0.27 Cr | + 235 % | -67.86 % |
EPS in Rs | Rs. -0.16 | Rs. -0.02 | Rs. 0.02 | + 200 % | + 112.5 % |
In reviewing CNI Research Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 197.96 % year-on-year growth, however, there was a minor increase of 49.38 % from the previous quarter. Expenses rose by 190.72 % compared to the previous year, with a 58.43 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -150 % decrease from the last quarter.
Net Profit showed yearly decrease of -67.86 %, and experienced a 235 % increase from the previous quarter. Earnings Per Share (EPS) rose by 112.5 % annually, however rose by 200 % compared to the last quarter. In essence, while CNI Research Ltd 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.