NIFTY 50 23344.75 ▲ (0.61%)
NIFTY NEXT 50 65106.15 ▲ (0.08%)
NIFTY 100 24048.8 ▲ (0.51%)
NIFTY MIDCAP 100 55106.2 ▲ (0.91%)
NIFTY SMALLCAP 100 17864.65 ▲ (1.09%)
NIFTY SMALLCAP 250 16841.4 ▲ (0.84%)
NIFTY MIDCAP SELECT 12356.5 ▲ (0.87%)
NIFTY TOTAL MARKET 12304.6 ▲ (0.6%)
NIFTY BANK 49350.8 ▲ (1.67%)
SENSEX 77073.44 ▲ (0.59%)
BSE BANKEX 56036.23 ▲ (2.03%)

Ashiana Ispat : Q4 2024 Financial Quarterly Report : YoY Sales Down 37.13 %, QoQ Up 17.39 %

July 4, 2024July 4, 2024| adminadmin| 0 Comments| 1:15 pm
Image is loading
Categories:

Share the post "Ashiana Ispat : Q4 2024 Financial Quarterly Report : YoY Sales Down 37.13 %, QoQ Up 17.39 %"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company’s sales declined by -37.13 % over the year, substantial increase in net sales/revenue by 17.39 %.
  • 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 97.87 %. Marginal increase in other income during this quarter, up by 18500%.
  • Profit over the Year and quarter: Significant improvement in profitability for Ashiana Ispat Limited. Notable increase of 327.17 % in net profit Year to Year, Ashiana Ispat Limited’s profitability dropped by -39.72 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 308.33 % Year to Year. EPS decreased by -39.51 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Ashiana Ispat 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 143.152 Cr Rs. 76.662 Cr Rs. 89.996 Cr + 17.39 % -37.13 %
Expenses Rs. 141.73 Cr Rs. 72.98 Cr Rs. 88.3 Cr + 20.99 % -37.7 %
Operating Profit Rs. 1.42 Cr Rs. 3.68 Cr Rs. 1.7 Cr -53.8 % + 19.72 %
OPM % 0.99 % 4.8 % 1.89 % -2.91 % + 0.9 %
Other Income Rs. 0.94 Cr Rs. 0.01 Cr Rs. 1.86 Cr + 18500 % + 97.87 %
Interest Rs. 1.7 Cr Rs. 2.29 Cr Rs. 2.65 Cr + 15.72 % + 55.88 %
Depreciation Rs. 0.54 Cr Rs. 0.47 Cr Rs. 0.47 Cr + 0 % -12.96 %
Profit before tax Rs. 0.12 Cr Rs. 0.93 Cr Rs. 0.44 Cr -52.69 % + 266.67 %
Tax % 25.81 % 30.04 % 10.48 % -19.56 % -15.33 %
Net Profit Rs. 0.09 Cr Rs. 0.65 Cr Rs. 0.39 Cr -40 % + 333.33 %
EPS in Rs Rs. 0.12 Rs. 0.81 Rs. 0.49 -39.51 % + 308.33 %


Today, we’re looking at Ashiana Ispat Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -37.13 %. However, it did see a marginal increase of 17.39 % from the previous quarter. Expenses ticked up slightly by 20.99 % quarter-on-quarter, aligning with the annual decline of -37.7 %. Operating profit, while up 19.72 % compared to last year, faced a quarter-on-quarter dip of -53.8 %, 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 0.9 %, but a shrinkage of -2.91 % sequentially. Other income rose by 18500 % compared to the last quarter, despite an annual growth of 97.87 %. Interest expenses surged remarkably by 15.72 % from the previous quarter, yet the year-over-year increase remains at a moderate 55.88 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.96 %. Profit before tax grew annually by 266.67 % but saw a reduction from the preceding quarter by -52.69 %.
Tax expenses as a percentage of profits decreased slightly by -15.33 % compared to last year, with a more notable quarter-on-quarter decrease of -19.56 %. Net profit rose by 333.33 % year-on-year but witnessed a -40 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 308.33 % but a quarterly fall of -39.51 %. In summary, Ashiana Ispat 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. 143.152 Cr Rs. 76.662 Cr Rs. 89.996 Cr + 17.39 % -37.13 %
Expenses Rs. 141.73 Cr Rs. 72.98 Cr Rs. 88.3 Cr + 20.99 % -37.7 %
Operating Profit Rs. 1.42 Cr Rs. 3.68 Cr Rs. 1.7 Cr -53.8 % + 19.72 %
Net Profit Rs. 0.09 Cr Rs. 0.65 Cr Rs. 0.39 Cr -40 % + 333.33 %
EPS in Rs Rs. 0.12 Rs. 0.81 Rs. 0.49 -39.51 % + 308.33 %


In reviewing Ashiana Ispat Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -37.13 % year-on-year, however, there was a minor increase of 17.39 % from the previous quarter. Expenses decreased by -37.7 % compared to the previous year, with a 20.99 % increase quarter-on-quarter. Operating Profit surged by 19.72 % annually, and saw a -53.8 % decrease from the last quarter.
Net Profit showed yearly increase of 333.33 %, and experienced a -40 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 308.33 % annually, however dipped by -39.51 % compared to the last quarter. In essence, while Ashiana Ispat Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

[my_shortcode1 values=”Ashiana Ispat “]

Related Post