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Highlights
- Sales over the Year and quarter: The company’s sales declined by -20.79 % over the year, substantial increase in net sales/revenue by 39.66 %.
- 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 868.48 %. Marginal increase in other income during this quarter, up by 1595.85%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rajesh Exports Ltd.. Profit dropped by -108.62 % Year to Year, Rajesh Exports Ltd.’s profitability dropped by -354.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -91.77 % Year to Year. EPS increased by 142.86 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 115448.039 Cr | Rs. 65476.889 Cr | Rs. 91444.965 Cr | + 39.66 % | -20.79 % |
| Expenses | Rs. 115065.94 Cr | Rs. 65465.02 Cr | Rs. 91609.33 Cr | + 39.94 % | -20.39 % |
| Operating Profit | Rs. 382.1 Cr | Rs. 11.87 Cr | Rs. -164.37 Cr | -1484.75 % | -143.02 % |
| OPM % | 0.33 % | 0.02 % | -0.18 % | -0.2 % | -0.51 % |
| Other Income | Rs. 21.1 Cr | Rs. 12.05 Cr | Rs. 204.35 Cr | + 1595.85 % | + 868.48 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 42.57 Cr | 0 % | 0 % |
| Depreciation | Rs. 26.22 Cr | Rs. 11.24 Cr | Rs. 11.22 Cr | -0.18 % | -57.21 % |
| Profit before tax | Rs. 376.98 Cr | Rs. 12.68 Cr | Rs. -13.81 Cr | -208.91 % | -103.66 % |
| Tax % | 2.91 % | 1.95 % | -128.69 % | -130.64 % | -131.6 % |
| Net Profit | Rs. 366.02 Cr | Rs. 12.43 Cr | Rs. -31.57 Cr | -353.98 % | -108.63 % |
| EPS in Rs | Rs. 12.4 | Rs. 0.42 | Rs. 1.02 | + 142.86 % | -91.77 % |
Today, we’re looking at Rajesh Exports Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -20.79 %. However, it did see a marginal increase of 39.66 % from the previous quarter. Expenses ticked up slightly by 39.94 % quarter-on-quarter, aligning with the annual decline of -20.39 %. Operating profit, while down -143.02 % compared to last year, faced a quarter-on-quarter dip of -1484.75 %, 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 -0.51 %, but a shrinkage of -0.2 % sequentially. Other income rose by 1595.85 % compared to the last quarter, despite an annual growth of 868.48 %. Depreciation costs fell by -0.18 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -57.21 %. Profit before tax declined annually by -103.66 % but saw a reduction from the preceding quarter by -208.91 %.
Tax expenses as a percentage of profits decreased slightly by -131.6 % compared to last year, with a more notable quarter-on-quarter decrease of -130.64 %. Net profit fell by -108.63 % year-on-year but witnessed a -353.98 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -91.77 % but a quarterly rise of 142.86 %. In summary, Rajesh Exports 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. 115448.039 Cr | Rs. 65476.889 Cr | Rs. 91444.965 Cr | + 39.66 % | -20.79 % |
| Expenses | Rs. 115065.94 Cr | Rs. 65465.02 Cr | Rs. 91609.33 Cr | + 39.94 % | -20.39 % |
| Operating Profit | Rs. 382.1 Cr | Rs. 11.87 Cr | Rs. -164.37 Cr | -1484.75 % | -143.02 % |
| Net Profit | Rs. 366.02 Cr | Rs. 12.43 Cr | Rs. -31.57 Cr | -353.98 % | -108.63 % |
| EPS in Rs | Rs. 12.4 | Rs. 0.42 | Rs. 1.02 | + 142.86 % | -91.77 % |
In reviewing Rajesh Exports Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -20.79 % year-on-year, however, there was a minor increase of 39.66 % from the previous quarter. Expenses decreased by -20.39 % compared to the previous year, with a 39.94 % increase quarter-on-quarter. Operating Profit dropped by -143.02 % annually, and saw a -1484.75 % decrease from the last quarter.
Net Profit showed yearly decrease of -108.63 %, and experienced a -353.98 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -91.77 % annually, however rose by 142.86 % compared to the last quarter. In essence, while Rajesh Exports Ltd. 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.
