Highlights
- Sales over the Year and quarter: The company’s sales declined by -21.34 % over the year, substantial increase in net sales/revenue by 283.1 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Chandrima Mercantiles limited . Profit dropped by -18261.54 % Year to Year, Chandrima Mercantiles limited ‘s profitability increased by 441.51 % in this quarter.
- EPS over the Year and quarter: EPS declined by -17,900.00 % Year to Year. EPS increased by 442.13 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 13.404 Cr | Rs. 2.752 Cr | Rs. 10.543 Cr | + 283.1 % | -21.34 % |
| Expenses | Rs. 13.43 Cr | Rs. 2.66 Cr | Rs. 8.81 Cr | + 231.2 % | -34.4 % |
| Operating Profit | Rs. -0.03 Cr | Rs. 0.09 Cr | Rs. 1.73 Cr | + 1822.22 % | + 5866.67 % |
| OPM % | -0.22 % | 3.27 % | 16.41 % | + 13.14 % | + 16.63 % |
| Other Income | Rs. 0.01 Cr | Rs. 0 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. -0.02 Cr | Rs. 0.09 Cr | Rs. 1.73 Cr | + 1822.22 % | + 8750 % |
| Tax % | -45.83 % | 0 % | 0 % | 0 % | + 45.83 % |
| Net Profit | Rs. -0.01 Cr | Rs. 0.44 Cr | Rs. 2.36 Cr | + 436.36 % | + 23700 % |
| EPS in Rs | Rs. -0.06 | Rs. 1.97 | Rs. 10.68 | + 442.13 % | + 17900 % |
Today, we’re looking at Chandrima Mercantiles 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 -21.34 %. However, it did see a marginal increase of 283.1 % from the previous quarter. Expenses ticked up slightly by 231.2 % quarter-on-quarter, aligning with the annual decline of -34.4 %. Operating profit, while up 5866.67 % compared to last year, faced a quarter-on-quarter increase of 1822.22 %, 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 16.63 %, but an expansion of 13.14 % sequentially. Profit before tax grew annually by 8750 % but saw an increase from the preceding quarter by 1822.22 %.
Tax expenses as a percentage of profits increased slightly by 45.83 % compared to last year, Net profit rose by 23700 % year-on-year but experienced a 436.36 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 17900 % but a quarterly rise of 442.13 %. In summary, Chandrima Mercantiles 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. 13.404 Cr | Rs. 2.752 Cr | Rs. 10.543 Cr | + 283.1 % | -21.34 % |
| Expenses | Rs. 13.43 Cr | Rs. 2.66 Cr | Rs. 8.81 Cr | + 231.2 % | -34.4 % |
| Operating Profit | Rs. -0.03 Cr | Rs. 0.09 Cr | Rs. 1.73 Cr | + 1822.22 % | + 5866.67 % |
| Net Profit | Rs. -0.01 Cr | Rs. 0.44 Cr | Rs. 2.36 Cr | + 436.36 % | + 23700 % |
| EPS in Rs | Rs. -0.06 | Rs. 1.97 | Rs. 10.68 | + 442.13 % | + 17900 % |
In reviewing Chandrima Mercantiles limited ‘s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.34 % year-on-year, however, there was a minor increase of 283.1 % from the previous quarter. Expenses decreased by -34.4 % compared to the previous year, with a 231.2 % increase quarter-on-quarter. Operating Profit surged by 5866.67 % annually, and saw a 1822.22 % increase from the last quarter.
Net Profit showed yearly increase of 23700 %, and experienced a 436.36 % increase from the previous quarter. Earnings Per Share (EPS) rose by 17900 % annually, however rose by 442.13 % compared to the last quarter. In essence, while Chandrima Mercantiles 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.
