Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.9 % in the past year, substantial increase in net sales/revenue by 64.13 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Ashoka Refineries Ltd.. Profit dropped by -26.09 % Year to Year, Ashoka Refineries Ltd.’s profitability increased by 54.55 % in this quarter.
- EPS over the Year and quarter: EPS increased by 5.48 % Year to Year. EPS increased by 2466.67 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.436 Cr | Rs. 0.276 Cr | Rs. 0.453 Cr | + 64.13 % | + 3.9 % |
| Expenses | Rs. 0.44 Cr | Rs. 0.3 Cr | Rs. 0.43 Cr | + 43.33 % | -2.27 % |
| Operating Profit | Rs. -0 Cr | Rs. -0.02 Cr | Rs. 0.02 Cr | + 200 % | 0 % |
| OPM % | -0 % | -7.25 % | 4.42 % | + 11.67 % | + 4.42 % |
| Other Income | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | -33.33 % |
| Tax % | 25.81 % | 0 % | 26.09 % | + 26.09 % | + 0.28 % |
| Net Profit | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 0 % |
| EPS in Rs | Rs. 0.73 | Rs. 0.03 | Rs. 0.77 | + 2466.67 % | + 5.48 % |
Today, we’re looking at Ashoka Refineries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.9 %. However, it did see a marginal increase of 64.13 % from the previous quarter. Expenses ticked up slightly by 43.33 % quarter-on-quarter, aligning with the annual decline of -2.27 %. faced a quarter-on-quarter increase of 200 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.42 %, but an expansion of 11.67 % sequentially. Profit before tax declined annually by -33.33 % but saw an increase from the preceding quarter by 100 %.
Tax expenses as a percentage of profits increased slightly by 0.28 % compared to last year, with a more notable quarter-on-quarter increase of 26.09 %. Net profit rose by 0 % year-on-year but experienced a 100 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.48 % but a quarterly rise of 2466.67 %. In summary, Ashoka Refineries 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. 0.436 Cr | Rs. 0.276 Cr | Rs. 0.453 Cr | + 64.13 % | + 3.9 % |
| Expenses | Rs. 0.44 Cr | Rs. 0.3 Cr | Rs. 0.43 Cr | + 43.33 % | -2.27 % |
| Operating Profit | Rs. -0 Cr | Rs. -0.02 Cr | Rs. 0.02 Cr | + 200 % | 0 % |
| Net Profit | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 0 % |
| EPS in Rs | Rs. 0.73 | Rs. 0.03 | Rs. 0.77 | + 2466.67 % | + 5.48 % |
In reviewing Ashoka Refineries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.9 % year-on-year growth, however, there was a minor increase of 64.13 % from the previous quarter. Expenses decreased by -2.27 % compared to the previous year, with a 43.33 % increase quarter-on-quarter. and saw a 200 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a 100 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5.48 % annually, however rose by 2466.67 % compared to the last quarter. In essence, while Ashoka Refineries Ltd. 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.
