Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 93.38 % in the past year, substantial increase in net sales/revenue by 33.77 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -85.71 %, Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Duke Offshore Ltd.. Profit dropped by -164.47 % Year to Year, Duke Offshore Ltd.’s profitability increased by 355.08 % in this quarter.
- EPS over the Year and quarter: EPS declined by -164.29 % Year to Year. EPS increased by 350 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.68 Cr | Rs. 0.983 Cr | Rs. 1.315 Cr | + 33.77 % | + 93.38 % |
| Expenses | Rs. 1.32 Cr | Rs. 0.62 Cr | Rs. 0.65 Cr | + 4.84 % | -50.76 % |
| Operating Profit | Rs. -0.64 Cr | Rs. 0.36 Cr | Rs. 0.67 Cr | + 86.11 % | + 204.69 % |
| OPM % | -94.12 % | 36.62 % | 50.95 % | + 14.33 % | + 145.07 % |
| Other Income | Rs. 0.07 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -85.71 % |
| Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
| Depreciation | Rs. 0.25 Cr | Rs. 0.24 Cr | Rs. 0.12 Cr | -50 % | -52 % |
| Profit before tax | Rs. -0.83 Cr | Rs. 0.12 Cr | Rs. 0.55 Cr | + 358.33 % | + 166.27 % |
| Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.83 Cr | Rs. 0.12 Cr | Rs. 0.54 Cr | + 350 % | + 165.06 % |
| EPS in Rs | Rs. -0.84 | Rs. 0.12 | Rs. 0.54 | + 350 % | + 164.29 % |
Today, we’re looking at Duke Offshore 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 93.38 %. However, it did see a marginal increase of 33.77 % from the previous quarter. Expenses ticked up slightly by 4.84 % quarter-on-quarter, aligning with the annual decline of -50.76 %. Operating profit, while up 204.69 % compared to last year, faced a quarter-on-quarter increase of 86.11 %, 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 145.07 %, but an expansion of 14.33 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual decline of -85.71 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -50 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -52 %. Profit before tax grew annually by 166.27 % but saw an increase from the preceding quarter by 358.33 %.
Net profit rose by 165.06 % year-on-year but experienced a 350 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 164.29 % but a quarterly rise of 350 %. In summary, Duke Offshore Ltd.’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. 0.68 Cr | Rs. 0.983 Cr | Rs. 1.315 Cr | + 33.77 % | + 93.38 % |
| Expenses | Rs. 1.32 Cr | Rs. 0.62 Cr | Rs. 0.65 Cr | + 4.84 % | -50.76 % |
| Operating Profit | Rs. -0.64 Cr | Rs. 0.36 Cr | Rs. 0.67 Cr | + 86.11 % | + 204.69 % |
| Net Profit | Rs. -0.83 Cr | Rs. 0.12 Cr | Rs. 0.54 Cr | + 350 % | + 165.06 % |
| EPS in Rs | Rs. -0.84 | Rs. 0.12 | Rs. 0.54 | + 350 % | + 164.29 % |
In reviewing Duke Offshore Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 93.38 % year-on-year growth, however, there was a minor increase of 33.77 % from the previous quarter. Expenses decreased by -50.76 % compared to the previous year, with a 4.84 % increase quarter-on-quarter. Operating Profit surged by 204.69 % annually, and saw a 86.11 % increase from the last quarter.
Net Profit showed yearly increase of 165.06 %, and experienced a 350 % increase from the previous quarter. Earnings Per Share (EPS) rose by 164.29 % annually, however rose by 350 % compared to the last quarter. In essence, while Duke Offshore 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.
