Share the post "Digicontent Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 29.15 % in YoY and increased by 9.26 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 29.15 % in the past year, substantial increase in net sales/revenue by 9.26 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -56.68 %, Marginal increase in other income during this quarter, up by 47.27%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Digicontent Limited. Profit dropped by -385.85 % Year to Year, Digicontent Limited’s profitability dropped by -1201.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -388.89 % Year to Year. EPS decreased by -1140 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 91.37 Cr | Rs. 108 Cr | Rs. 118 Cr | + 9.26 % | + 29.15 % |
Expenses | Rs. 85.71 Cr | Rs. 98.61 Cr | Rs. 99.77 Cr | + 1.18 % | + 16.4 % |
Operating Profit | Rs. 5.66 Cr | Rs. 9.39 Cr | Rs. 18.23 Cr | + 94.14 % | + 222.08 % |
OPM % | 6.19 % | 8.69 % | 15.45 % | + 6.76 % | + 9.26 % |
Other Income | Rs. 1.87 Cr | Rs. 0.55 Cr | Rs. 0.81 Cr | + 47.27 % | -56.68 % |
Interest | Rs. 4.56 Cr | Rs. 4.35 Cr | Rs. 5.19 Cr | + 19.31 % | + 13.82 % |
Depreciation | Rs. 4.51 Cr | Rs. 5.05 Cr | Rs. 4.44 Cr | -12.08 % | -1.55 % |
Profit before tax | Rs. -1.54 Cr | Rs. 0.54 Cr | Rs. 9.41 Cr | + 1642.59 % | + 711.04 % |
Tax % | -37.66 % | 201.85 % | 35.6 % | -166.25 % | + 73.26 % |
Net Profit | Rs. -2.12 Cr | Rs. -0.55 Cr | Rs. 6.06 Cr | + 1201.82 % | + 385.85 % |
EPS in Rs | Rs. -0.36 | Rs. -0.1 | Rs. 1.04 | + 1140 % | + 388.89 % |
Today, we’re looking at Digicontent 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 29.15 %. However, it did see a marginal increase of 9.26 % from the previous quarter. Expenses ticked up slightly by 1.18 % quarter-on-quarter, aligning with the annual rise of 16.4 %. Operating profit, while up 222.08 % compared to last year, faced a quarter-on-quarter increase of 94.14 %, 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 9.26 %, but an expansion of 6.76 % sequentially. Other income rose by 47.27 % compared to the last quarter, despite an annual decline of -56.68 %. Interest expenses surged remarkably by 19.31 % from the previous quarter, yet the year-over-year increase remains at a moderate 13.82 %. Depreciation costs fell by -12.08 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.55 %. Profit before tax grew annually by 711.04 % but saw an increase from the preceding quarter by 1642.59 %.
Tax expenses as a percentage of profits increased slightly by 73.26 % compared to last year, with a more notable quarter-on-quarter decrease of -166.25 %. Net profit rose by 385.85 % year-on-year but experienced a 1201.82 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 388.89 % but a quarterly rise of 1140 %. In summary, Digicontent 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. 91.37 Cr | Rs. 108 Cr | Rs. 118 Cr | + 9.26 % | + 29.15 % |
Expenses | Rs. 85.71 Cr | Rs. 98.61 Cr | Rs. 99.77 Cr | + 1.18 % | + 16.4 % |
Operating Profit | Rs. 5.66 Cr | Rs. 9.39 Cr | Rs. 18.23 Cr | + 94.14 % | + 222.08 % |
Net Profit | Rs. -2.12 Cr | Rs. -0.55 Cr | Rs. 6.06 Cr | + 1201.82 % | + 385.85 % |
EPS in Rs | Rs. -0.36 | Rs. -0.1 | Rs. 1.04 | + 1140 % | + 388.89 % |
In reviewing Digicontent Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.15 % year-on-year growth, however, there was a minor increase of 9.26 % from the previous quarter. Expenses rose by 16.4 % compared to the previous year, with a 1.18 % increase quarter-on-quarter. Operating Profit surged by 222.08 % annually, and saw a 94.14 % increase from the last quarter.
Net Profit showed yearly increase of 385.85 %, and experienced a 1201.82 % increase from the previous quarter. Earnings Per Share (EPS) rose by 388.89 % annually, however rose by 1140 % compared to the last quarter. In essence, while Digicontent 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.