Charms Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 234.62 %, QoQ Down 36.96 %

The comprehensive analytics outlining the performance and outlook of Charms Industries Ltd”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.

Today, we’re looking at Charms Industries 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 234.62 %. However, it did see a marginal slip of -36.96 % from the previous quarter. Expenses decreased slightly by -41.18 % quarter-on-quarter, aligning with the annual rise of 66.67 %. Operating profit, while up 66.67 % compared to last year, faced a quarter-on-quarter increase of 66.67 %, 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 103.89 %, but an expansion of 10.25 % sequentially. Profit before tax grew annually by 66.67 % but saw an increase from the preceding quarter by 66.67 %.
Tax expenses as a percentage of profits decreased slightly by -16.67 % compared to last year, with a more notable quarter-on-quarter decrease of -16.67 %. Net profit rose by 75 % year-on-year but experienced a 66.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 88.89 % but a quarterly rise of 87.5 %. In summary, Charms Industries Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Charms Industries Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 234.62 % year-on-year growth, although there was a slight dip of -36.96 % from the previous quarter. Expenses rose by 66.67 % compared to the previous year, with a decrease of -41.18 % quarter-on-quarter. Operating Profit surged by 66.67 % annually, and saw a 66.67 % increase from the last quarter.
Net Profit showed yearly increase of 75 %, and experienced a 66.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 88.89 % annually, however rose by 87.5 % compared to the last quarter. In essence, while Charms Industries 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.