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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.13 % in the past year, substantial increase in net sales/revenue by 2.55 %.
- 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 1.09 %. Marginal increase in other income during this quarter, up by 80.86%.
- Profit over the Year and quarter: Challenges in sustaining profitability for TORRENT POWER LIMITED. Profit dropped by -7.62 % Year to Year, TORRENT POWER LIMITED’s profitability increased by 19.49 % in this quarter.
- EPS over the Year and quarter: EPS declined by -4.18 % Year to Year. EPS increased by 19.49 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 6037.87 Cr | Rs. 6366.09 Cr | Rs. 6528.58 Cr | + 2.55 % | + 8.13 % |
Expenses | Rs. 4947.45 Cr | Rs. 5322.03 Cr | Rs. 5419.65 Cr | + 1.83 % | + 9.54 % |
Operating Profit | Rs. 1090.42 Cr | Rs. 1044.06 Cr | Rs. 1108.93 Cr | + 6.21 % | + 1.7 % |
OPM % | 18.06 % | 16.4 % | 16.99 % | + 0.59 % | -1.07 % |
Other Income | Rs. 95.83 Cr | Rs. 53.56 Cr | Rs. 96.87 Cr | + 80.86 % | + 1.09 % |
Interest | Rs. 189.19 Cr | Rs. 235.49 Cr | Rs. 233.47 Cr | -0.86 % | + 23.41 % |
Depreciation | Rs. 328.82 Cr | Rs. 348.78 Cr | Rs. 355.02 Cr | + 1.79 % | + 7.97 % |
Profit before tax | Rs. 668.24 Cr | Rs. 513.35 Cr | Rs. 617.31 Cr | + 20.25 % | -7.62 % |
Tax % | 27.58 % | 27.12 % | 27.58 % | + 0.46 % | + 0 % |
Net Profit | Rs. 483.93 Cr | Rs. 374.13 Cr | Rs. 447.04 Cr | + 19.49 % | -7.62 % |
EPS in Rs | Rs. 9.34 | Rs. 7.49 | Rs. 8.95 | + 19.49 % | -4.18 % |
Today, we’re looking at TORRENT POWER 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 8.13 %. However, it did see a marginal increase of 2.55 % from the previous quarter. Expenses ticked up slightly by 1.83 % quarter-on-quarter, aligning with the annual rise of 9.54 %. Operating profit, while up 1.7 % compared to last year, faced a quarter-on-quarter increase of 6.21 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.07 %, but an expansion of 0.59 % sequentially. Other income rose by 80.86 % compared to the last quarter, despite an annual growth of 1.09 %. Interest expenses dropped significantly by -0.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.41 %. Depreciation costs climbed by 1.79 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.97 %. Profit before tax declined annually by -7.62 % but saw an increase from the preceding quarter by 20.25 %.
Tax expenses as a percentage of profits increased slightly by 0 % compared to last year, with a more notable quarter-on-quarter increase of 0.46 %. Net profit fell by -7.62 % year-on-year but experienced a 19.49 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.18 % but a quarterly rise of 19.49 %. In summary, TORRENT POWER 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. 6037.87 Cr | Rs. 6366.09 Cr | Rs. 6528.58 Cr | + 2.55 % | + 8.13 % |
Expenses | Rs. 4947.45 Cr | Rs. 5322.03 Cr | Rs. 5419.65 Cr | + 1.83 % | + 9.54 % |
Operating Profit | Rs. 1090.42 Cr | Rs. 1044.06 Cr | Rs. 1108.93 Cr | + 6.21 % | + 1.7 % |
Net Profit | Rs. 483.93 Cr | Rs. 374.13 Cr | Rs. 447.04 Cr | + 19.49 % | -7.62 % |
EPS in Rs | Rs. 9.34 | Rs. 7.49 | Rs. 8.95 | + 19.49 % | -4.18 % |
In reviewing TORRENT POWER LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.13 % year-on-year growth, however, there was a minor increase of 2.55 % from the previous quarter. Expenses rose by 9.54 % compared to the previous year, with a 1.83 % increase quarter-on-quarter. Operating Profit surged by 1.7 % annually, and saw a 6.21 % increase from the last quarter.
Net Profit showed yearly decrease of -7.62 %, and experienced a 19.49 % increase from the previous quarter. Earnings Per Share (EPS) fell by -4.18 % annually, however rose by 19.49 % compared to the last quarter. In essence, while TORRENT POWER LIMITED faces strong annual decline 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.