Share the post "Butterfly Gandhimathi Appliances Q4 2024 Quarterly Earnings: YoY Sales Down 10.93 %, QoQ Down 30.08 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -10.93 % over the year, decrease in net sales/revenue by -30.08 %.
- 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 33.33 %. Marginal decrease of -21.74% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Butterfly Gandhimathi Appliances Limited. Profit dropped by -1366.99 % Year to Year, Butterfly Gandhimathi Appliances Limited’s profitability increased by 813.78 % in this quarter.
- EPS over the Year and quarter: EPS declined by -1,370.11 % Year to Year. EPS increased by 813.22 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 186.798 Cr | Rs. 237.945 Cr | Rs. 166.382 Cr | -30.08 % | -10.93 % |
| Expenses | Rs. 178.97 Cr | Rs. 235.59 Cr | Rs. 186.16 Cr | -20.98 % | + 4.02 % |
| Operating Profit | Rs. 7.83 Cr | Rs. 2.35 Cr | Rs. -19.78 Cr | -941.7 % | -352.62 % |
| OPM % | 4.19 % | 0.99 % | -11.89 % | -12.88 % | -16.08 % |
| Other Income | Rs. 0.81 Cr | Rs. 1.38 Cr | Rs. 1.08 Cr | -21.74 % | + 33.33 % |
| Interest | Rs. 1.28 Cr | Rs. 1.93 Cr | Rs. 1.37 Cr | -29.02 % | + 7.03 % |
| Depreciation | Rs. 4.21 Cr | Rs. 4.59 Cr | Rs. 4.54 Cr | -1.09 % | + 7.84 % |
| Profit before tax | Rs. 3.15 Cr | Rs. -2.79 Cr | Rs. -24.61 Cr | -782.08 % | -881.27 % |
| Tax % | 50.43 % | -22.36 % | -26.03 % | -3.67 % | -76.46 % |
| Net Profit | Rs. 1.56 Cr | Rs. -2.16 Cr | Rs. -19.77 Cr | -815.28 % | -1367.31 % |
| EPS in Rs | Rs. 0.87 | Rs. -1.21 | Rs. -11.05 | -813.22 % | -1370.11 % |
Today, we’re looking at Butterfly Gandhimathi Appliances 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 -10.93 %. However, it did see a marginal slip of -30.08 % from the previous quarter. Expenses decreased slightly by -20.98 % quarter-on-quarter, aligning with the annual rise of 4.02 %. Operating profit, while down -352.62 % compared to last year, faced a quarter-on-quarter dip of -941.7 %, 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 -16.08 %, but a shrinkage of -12.88 % sequentially. Other income fell by -21.74 % compared to the last quarter, despite an annual growth of 33.33 %. Interest expenses dropped significantly by -29.02 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.03 %. Depreciation costs fell by -1.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.84 %. Profit before tax declined annually by -881.27 % but saw a reduction from the preceding quarter by -782.08 %.
Tax expenses as a percentage of profits decreased slightly by -76.46 % compared to last year, with a more notable quarter-on-quarter decrease of -3.67 %. Net profit fell by -1367.31 % year-on-year but witnessed a -815.28 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1370.11 % but a quarterly fall of -813.22 %. In summary, Butterfly Gandhimathi Appliances 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. 186.798 Cr | Rs. 237.945 Cr | Rs. 166.382 Cr | -30.08 % | -10.93 % |
| Expenses | Rs. 178.97 Cr | Rs. 235.59 Cr | Rs. 186.16 Cr | -20.98 % | + 4.02 % |
| Operating Profit | Rs. 7.83 Cr | Rs. 2.35 Cr | Rs. -19.78 Cr | -941.7 % | -352.62 % |
| Net Profit | Rs. 1.56 Cr | Rs. -2.16 Cr | Rs. -19.77 Cr | -815.28 % | -1367.31 % |
| EPS in Rs | Rs. 0.87 | Rs. -1.21 | Rs. -11.05 | -813.22 % | -1370.11 % |
In reviewing Butterfly Gandhimathi Appliances Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.93 % year-on-year, although there was a slight dip of -30.08 % from the previous quarter. Expenses rose by 4.02 % compared to the previous year, with a decrease of -20.98 % quarter-on-quarter. Operating Profit dropped by -352.62 % annually, and saw a -941.7 % decrease from the last quarter.
Net Profit showed yearly decrease of -1367.31 %, and experienced a -815.28 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -1370.11 % annually, however dipped by -813.22 % compared to the last quarter. In essence, while Butterfly Gandhimathi Appliances Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
