R&B Denims : Q4 2024 Financial Quarterly Report : YoY Sales Up 74.59 %, QoQ Up 14.62 %

The comprehensive analytics outlining the performance and outlook of R&B Denims 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 R&B Denims 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 74.59 %. However, it did see a marginal increase of 14.62 % from the previous quarter. Expenses ticked up slightly by 18.2 % quarter-on-quarter, aligning with the annual rise of 69.27 %. Operating profit, while up 134.2 % compared to last year, faced a quarter-on-quarter dip of -7.94 %, 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 2.81 %, but a shrinkage of -2.69 % sequentially. Other income rose by 228.3 % compared to the last quarter, despite an annual growth of 125.97 %. Interest expenses dropped significantly by -94.21 % from the previous quarter, yet the year-over-year decrease remains at a moderate -89.63 %. Depreciation costs climbed by 3.21 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 41.21 %. Profit before tax grew annually by 538.22 % but saw an increase from the preceding quarter by 27.48 %.
Tax expenses as a percentage of profits increased slightly by 0.91 % compared to last year, with a more notable quarter-on-quarter increase of 3.33 %. Net profit rose by 550.88 % year-on-year but experienced a 26.62 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 525 % but a quarterly rise of 19.05 %. In summary, R&B Denims Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing R&B Denims Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 74.59 % year-on-year growth, however, there was a minor increase of 14.62 % from the previous quarter. Expenses rose by 69.27 % compared to the previous year, with a 18.2 % increase quarter-on-quarter. Operating Profit surged by 134.2 % annually, and saw a -7.94 % decrease from the last quarter.
Net Profit showed yearly increase of 550.88 %, and experienced a 26.62 % increase from the previous quarter. Earnings Per Share (EPS) rose by 525 % annually, however rose by 19.05 % compared to the last quarter. In essence, while R&B Denims 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.