Share the post "Krishna Institute of Medical Sciences : Q4 2024 Financial Quarterly Report : YoY Sales Up 3.92 %, QoQ Up 0.92 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.92 % in the past year, substantial increase in net sales/revenue by 0.92 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -21.73 %, Marginal decrease of -8.04% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Krishna Institute of Medical Sciences Limited. Profit dropped by -35.48 % Year to Year, Krishna Institute of Medical Sciences Limited’s profitability dropped by -17.41 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -35.48 % Year to Year. EPS decreased by -17.42 % 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. 293.352 Cr | Rs. 302.063 Cr | Rs. 304.846 Cr | + 0.92 % | + 3.92 % |
| Expenses | Rs. 189.02 Cr | Rs. 214.58 Cr | Rs. 218.56 Cr | + 1.85 % | + 15.63 % |
| Operating Profit | Rs. 104.33 Cr | Rs. 87.48 Cr | Rs. 86.29 Cr | -1.36 % | -17.29 % |
| OPM % | 35.56 % | 28.96 % | 28.31 % | -0.65 % | -7.25 % |
| Other Income | Rs. 4.97 Cr | Rs. 4.23 Cr | Rs. 3.89 Cr | -8.04 % | -21.73 % |
| Interest | Rs. 0.18 Cr | Rs. 1.22 Cr | Rs. 2.31 Cr | + 89.34 % | + 1183.33 % |
| Depreciation | Rs. 11.16 Cr | Rs. 12.78 Cr | Rs. 20.41 Cr | + 59.7 % | + 82.89 % |
| Profit before tax | Rs. 97.96 Cr | Rs. 77.71 Cr | Rs. 67.46 Cr | -13.19 % | -31.14 % |
| Tax % | 23.75 % | 24.9 % | 28.57 % | + 3.67 % | + 4.82 % |
| Net Profit | Rs. 74.7 Cr | Rs. 58.36 Cr | Rs. 48.19 Cr | -17.43 % | -35.49 % |
| EPS in Rs | Rs. 9.33 | Rs. 7.29 | Rs. 6.02 | -17.42 % | -35.48 % |
Today, we’re looking at Krishna Institute of Medical Sciences 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 3.92 %. However, it did see a marginal increase of 0.92 % from the previous quarter. Expenses ticked up slightly by 1.85 % quarter-on-quarter, aligning with the annual rise of 15.63 %. Operating profit, while down -17.29 % compared to last year, faced a quarter-on-quarter dip of -1.36 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7.25 %, but a shrinkage of -0.65 % sequentially. Other income fell by -8.04 % compared to the last quarter, despite an annual decline of -21.73 %. Interest expenses surged remarkably by 89.34 % from the previous quarter, yet the year-over-year increase remains at a moderate 1183.33 %. Depreciation costs climbed by 59.7 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 82.89 %. Profit before tax declined annually by -31.14 % but saw a reduction from the preceding quarter by -13.19 %.
Tax expenses as a percentage of profits increased slightly by 4.82 % compared to last year, with a more notable quarter-on-quarter increase of 3.67 %. Net profit fell by -35.49 % year-on-year but witnessed a -17.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -35.48 % but a quarterly fall of -17.42 %. In summary, Krishna Institute of Medical Sciences 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. 293.352 Cr | Rs. 302.063 Cr | Rs. 304.846 Cr | + 0.92 % | + 3.92 % |
| Expenses | Rs. 189.02 Cr | Rs. 214.58 Cr | Rs. 218.56 Cr | + 1.85 % | + 15.63 % |
| Operating Profit | Rs. 104.33 Cr | Rs. 87.48 Cr | Rs. 86.29 Cr | -1.36 % | -17.29 % |
| Net Profit | Rs. 74.7 Cr | Rs. 58.36 Cr | Rs. 48.19 Cr | -17.43 % | -35.49 % |
| EPS in Rs | Rs. 9.33 | Rs. 7.29 | Rs. 6.02 | -17.42 % | -35.48 % |
In reviewing Krishna Institute of Medical Sciences Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.92 % year-on-year growth, however, there was a minor increase of 0.92 % from the previous quarter. Expenses rose by 15.63 % compared to the previous year, with a 1.85 % increase quarter-on-quarter. Operating Profit dropped by -17.29 % annually, and saw a -1.36 % decrease from the last quarter.
Net Profit showed yearly decrease of -35.49 %, and experienced a -17.43 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -35.48 % annually, however dipped by -17.42 % compared to the last quarter. In essence, while Krishna Institute of Medical Sciences Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
