Share the post "Balgopal Commercial limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 0.37 % in YoY and decreased by 87.82 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.37 % in the past year, decrease in net sales/revenue by -87.82 %.
- 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 211.02 %. Marginal increase in other income during this quarter, up by 54.38%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Balgopal Commercial limited. Profit dropped by -199.1 % Year to Year, Balgopal Commercial limited’s profitability increased by 1.05 % in this quarter.
- EPS over the Year and quarter: EPS declined by -199.13 % Year to Year. EPS increased by 1.34 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1.083 Cr | Rs. 8.922 Cr | Rs. 1.087 Cr | -87.82 % | + 0.37 % |
Expenses | Rs. 1.17 Cr | Rs. 7.69 Cr | Rs. 1.39 Cr | -81.92 % | + 18.8 % |
Operating Profit | Rs. -0.09 Cr | Rs. 1.23 Cr | Rs. -0.3 Cr | -124.39 % | -233.33 % |
OPM % | -8.31 % | 13.79 % | -27.6 % | -41.39 % | -19.29 % |
Other Income | Rs. -3.81 Cr | Rs. 2.74 Cr | Rs. 4.23 Cr | + 54.38 % | + 211.02 % |
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. -3.9 Cr | Rs. 3.97 Cr | Rs. 3.93 Cr | -1.01 % | + 200.77 % |
Tax % | -3.08 % | 6.68 % | 4.83 % | -1.85 % | + 7.91 % |
Net Profit | Rs. -3.78 Cr | Rs. 3.7 Cr | Rs. 3.74 Cr | + 1.08 % | + 198.94 % |
EPS in Rs | Rs. -2.29 | Rs. 2.24 | Rs. 2.27 | + 1.34 % | + 199.13 % |
Today, we’re looking at Balgopal Commercial 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 0.37 %. However, it did see a marginal slip of -87.82 % from the previous quarter. Expenses decreased slightly by -81.92 % quarter-on-quarter, aligning with the annual rise of 18.8 %. Operating profit, while down -233.33 % compared to last year, faced a quarter-on-quarter dip of -124.39 %, 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 -19.29 %, but a shrinkage of -41.39 % sequentially. Other income rose by 54.38 % compared to the last quarter, despite an annual growth of 211.02 %. Profit before tax grew annually by 200.77 % but saw a reduction from the preceding quarter by -1.01 %.
Tax expenses as a percentage of profits increased slightly by 7.91 % compared to last year, with a more notable quarter-on-quarter decrease of -1.85 %. Net profit rose by 198.94 % year-on-year but experienced a 1.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 199.13 % but a quarterly rise of 1.34 %. In summary, Balgopal Commercial 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. 1.083 Cr | Rs. 8.922 Cr | Rs. 1.087 Cr | -87.82 % | + 0.37 % |
Expenses | Rs. 1.17 Cr | Rs. 7.69 Cr | Rs. 1.39 Cr | -81.92 % | + 18.8 % |
Operating Profit | Rs. -0.09 Cr | Rs. 1.23 Cr | Rs. -0.3 Cr | -124.39 % | -233.33 % |
Net Profit | Rs. -3.78 Cr | Rs. 3.7 Cr | Rs. 3.74 Cr | + 1.08 % | + 198.94 % |
EPS in Rs | Rs. -2.29 | Rs. 2.24 | Rs. 2.27 | + 1.34 % | + 199.13 % |
In reviewing Balgopal Commercial limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.37 % year-on-year growth, although there was a slight dip of -87.82 % from the previous quarter. Expenses rose by 18.8 % compared to the previous year, with a decrease of -81.92 % quarter-on-quarter. Operating Profit dropped by -233.33 % annually, and saw a -124.39 % decrease from the last quarter.
Net Profit showed yearly increase of 198.94 %, and experienced a 1.08 % increase from the previous quarter. Earnings Per Share (EPS) rose by 199.13 % annually, however rose by 1.34 % compared to the last quarter. In essence, while Balgopal Commercial limited 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.