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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 31.74 % in the past year, substantial increase in net sales/revenue by 41.69 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -62.5 %, Marginal decrease of -50% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for COSYN Limited. Profit dropped by -20575 % Year to Year, COSYN Limited’s profitability increased by 20375 % in this quarter.
- EPS over the Year and quarter: EPS declined by -11,000.00 % Year to Year. EPS increased by 10800 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 3.645 Cr | Rs. 3.389 Cr | Rs. 4.802 Cr | + 41.69 % | + 31.74 % |
| Expenses | Rs. 3.4 Cr | Rs. 3.19 Cr | Rs. 3.65 Cr | + 14.42 % | + 7.35 % |
| Operating Profit | Rs. 0.25 Cr | Rs. 0.2 Cr | Rs. 1.15 Cr | + 475 % | + 360 % |
| OPM % | 6.86 % | 5.9 % | 23.95 % | + 18.05 % | + 17.09 % |
| Other Income | Rs. 0.08 Cr | Rs. 0.06 Cr | Rs. 0.03 Cr | -50 % | -62.5 % |
| Interest | Rs. 0.02 Cr | Rs. 0.06 Cr | Rs. 0.04 Cr | -33.33 % | + 100 % |
| Depreciation | Rs. 0.26 Cr | Rs. 0.2 Cr | Rs. 0.2 Cr | + 0 % | -23.08 % |
| Profit before tax | Rs. 0.05 Cr | Rs. 0 Cr | Rs. 0.94 Cr | 0 % | + 1780 % |
| Tax % | 108.89 % | 63.64 % | 13.7 % | -49.94 % | -95.19 % |
| Net Profit | Rs. -0 Cr | Rs. 0 Cr | Rs. 0.82 Cr | 0 % | 0 % |
| EPS in Rs | Rs. -0.01 | Rs. 0.01 | Rs. 1.09 | + 10800 % | + 11000 % |
Today, we’re looking at COSYN 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 31.74 %. However, it did see a marginal increase of 41.69 % from the previous quarter. Expenses ticked up slightly by 14.42 % quarter-on-quarter, aligning with the annual rise of 7.35 %. Operating profit, while up 360 % compared to last year, faced a quarter-on-quarter increase of 475 %, 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 17.09 %, but an expansion of 18.05 % sequentially. Other income fell by -50 % compared to the last quarter, despite an annual decline of -62.5 %. Interest expenses dropped significantly by -33.33 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -23.08 %. Profit before tax grew annually by 1780 %
Tax expenses as a percentage of profits decreased slightly by -95.19 % compared to last year, with a more notable quarter-on-quarter decrease of -49.94 %. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11000 % but a quarterly rise of 10800 %. In summary, COSYN 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. 3.645 Cr | Rs. 3.389 Cr | Rs. 4.802 Cr | + 41.69 % | + 31.74 % |
| Expenses | Rs. 3.4 Cr | Rs. 3.19 Cr | Rs. 3.65 Cr | + 14.42 % | + 7.35 % |
| Operating Profit | Rs. 0.25 Cr | Rs. 0.2 Cr | Rs. 1.15 Cr | + 475 % | + 360 % |
| Net Profit | Rs. -0 Cr | Rs. 0 Cr | Rs. 0.82 Cr | 0 % | 0 % |
| EPS in Rs | Rs. -0.01 | Rs. 0.01 | Rs. 1.09 | + 10800 % | + 11000 % |
In reviewing COSYN Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 31.74 % year-on-year growth, however, there was a minor increase of 41.69 % from the previous quarter. Expenses rose by 7.35 % compared to the previous year, with a 14.42 % increase quarter-on-quarter. Operating Profit surged by 360 % annually, and saw a 475 % increase from the last quarter.
Earnings Per Share (EPS) rose by 11000 % annually, however rose by 10800 % compared to the last quarter. In essence, while COSYN 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.
