Share the post "Delta Corp Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 14.24 % in YoY and decreased by 15.94 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -14.24 % over the year, decrease in net sales/revenue by -15.94 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -0.48 %, Marginal increase in other income during this quarter, up by 45.26%.
- Profit over the Year and quarter: Significant improvement in profitability for Delta Corp Limited. Notable increase of 41.27 % in net profit Year to Year, Delta Corp Limited’s profitability increased by 109.69 % in this quarter.
- EPS over the Year and quarter: EPS increased by 41.36 % Year to Year. EPS increased by 109.3 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 227.16 Cr | Rs. 231.74 Cr | Rs. 194.81 Cr | -15.94 % | -14.24 % |
Expenses | Rs. 166.98 Cr | Rs. 175.95 Cr | Rs. 153.1 Cr | -12.99 % | -8.31 % |
Operating Profit | Rs. 60.18 Cr | Rs. 55.79 Cr | Rs. 41.71 Cr | -25.24 % | -30.69 % |
OPM % | 26.49 % | 24.07 % | 21.41 % | -2.66 % | -5.08 % |
Other Income | Rs. 18.8 Cr | Rs. 12.88 Cr | Rs. 18.71 Cr | + 45.26 % | -0.48 % |
Interest | Rs. 2.48 Cr | Rs. 2.97 Cr | Rs. 3.19 Cr | + 7.41 % | + 28.63 % |
Depreciation | Rs. 14.56 Cr | Rs. 16.02 Cr | Rs. 14.92 Cr | -6.87 % | + 2.47 % |
Profit before tax | Rs. 61.94 Cr | Rs. 49.68 Cr | Rs. 42.31 Cr | -14.83 % | -31.69 % |
Tax % | 17.18 % | 30.53 % | 21.4 % | -9.13 % | + 4.22 % |
Net Profit | Rs. 51.3 Cr | Rs. 34.56 Cr | Rs. 72.47 Cr | + 109.69 % | + 41.27 % |
EPS in Rs | Rs. 1.91 | Rs. 1.29 | Rs. 2.7 | + 109.3 % | + 41.36 % |
Today, we’re looking at Delta Corp 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 -14.24 %. However, it did see a marginal slip of -15.94 % from the previous quarter. Expenses decreased slightly by -12.99 % quarter-on-quarter, aligning with the annual decline of -8.31 %. Operating profit, while down -30.69 % compared to last year, faced a quarter-on-quarter dip of -25.24 %, 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 -5.08 %, but a shrinkage of -2.66 % sequentially. Other income rose by 45.26 % compared to the last quarter, despite an annual decline of -0.48 %. Interest expenses surged remarkably by 7.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 28.63 %. Depreciation costs fell by -6.87 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.47 %. Profit before tax declined annually by -31.69 % but saw a reduction from the preceding quarter by -14.83 %.
Tax expenses as a percentage of profits increased slightly by 4.22 % compared to last year, with a more notable quarter-on-quarter decrease of -9.13 %. Net profit rose by 41.27 % year-on-year but experienced a 109.69 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 41.36 % but a quarterly rise of 109.3 %. In summary, Delta Corp 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. 227.16 Cr | Rs. 231.74 Cr | Rs. 194.81 Cr | -15.94 % | -14.24 % |
Expenses | Rs. 166.98 Cr | Rs. 175.95 Cr | Rs. 153.1 Cr | -12.99 % | -8.31 % |
Operating Profit | Rs. 60.18 Cr | Rs. 55.79 Cr | Rs. 41.71 Cr | -25.24 % | -30.69 % |
Net Profit | Rs. 51.3 Cr | Rs. 34.56 Cr | Rs. 72.47 Cr | + 109.69 % | + 41.27 % |
EPS in Rs | Rs. 1.91 | Rs. 1.29 | Rs. 2.7 | + 109.3 % | + 41.36 % |
In reviewing Delta Corp Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.24 % year-on-year, although there was a slight dip of -15.94 % from the previous quarter. Expenses decreased by -8.31 % compared to the previous year, with a decrease of -12.99 % quarter-on-quarter. Operating Profit dropped by -30.69 % annually, and saw a -25.24 % decrease from the last quarter.
Net Profit showed yearly increase of 41.27 %, and experienced a 109.69 % increase from the previous quarter. Earnings Per Share (EPS) rose by 41.36 % annually, however rose by 109.3 % compared to the last quarter. In essence, while Delta Corp Limited faces strong annual decline 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.