Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 424.14 % in the past year, substantial increase in net sales/revenue by 224.79 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for EPIC Energy Ltd.. Profit dropped by -175.38 % Year to Year, EPIC Energy Ltd.’s profitability increased by 1941.67 % in this quarter.
- EPS over the Year and quarter: EPS declined by -175.56 % Year to Year. EPS increased by 1600 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.29 Cr | Rs. 0.468 Cr | Rs. 1.52 Cr | + 224.79 % | + 424.14 % |
| Expenses | Rs. 0.56 Cr | Rs. 0.43 Cr | Rs. 1.24 Cr | + 188.37 % | + 121.43 % |
| Operating Profit | Rs. -0.27 Cr | Rs. 0.04 Cr | Rs. 0.28 Cr | + 600 % | + 203.7 % |
| OPM % | -93.1 % | 8.55 % | 18.42 % | + 9.87 % | + 111.52 % |
| Other Income | Rs. -0.02 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.05 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | -20 % |
| Profit before tax | Rs. -0.34 Cr | Rs. 0.01 Cr | Rs. 0.24 Cr | + 2300 % | + 170.59 % |
| Tax % | -2.98 % | 500 % | 3.81 % | -496.19 % | + 6.79 % |
| Net Profit | Rs. -0.33 Cr | Rs. 0.01 Cr | Rs. 0.25 Cr | + 2400 % | + 175.76 % |
| EPS in Rs | Rs. -0.45 | Rs. 0.02 | Rs. 0.34 | + 1600 % | + 175.56 % |
Today, we’re looking at EPIC Energy 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 424.14 %. However, it did see a marginal increase of 224.79 % from the previous quarter. Expenses ticked up slightly by 188.37 % quarter-on-quarter, aligning with the annual rise of 121.43 %. Operating profit, while up 203.7 % compared to last year, faced a quarter-on-quarter increase of 600 %, 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 111.52 %, but an expansion of 9.87 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20 %. Profit before tax grew annually by 170.59 % but saw an increase from the preceding quarter by 2300 %.
Tax expenses as a percentage of profits increased slightly by 6.79 % compared to last year, with a more notable quarter-on-quarter decrease of -496.19 %. Net profit rose by 175.76 % year-on-year but experienced a 2400 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 175.56 % but a quarterly rise of 1600 %. In summary, EPIC Energy 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. 0.29 Cr | Rs. 0.468 Cr | Rs. 1.52 Cr | + 224.79 % | + 424.14 % |
| Expenses | Rs. 0.56 Cr | Rs. 0.43 Cr | Rs. 1.24 Cr | + 188.37 % | + 121.43 % |
| Operating Profit | Rs. -0.27 Cr | Rs. 0.04 Cr | Rs. 0.28 Cr | + 600 % | + 203.7 % |
| Net Profit | Rs. -0.33 Cr | Rs. 0.01 Cr | Rs. 0.25 Cr | + 2400 % | + 175.76 % |
| EPS in Rs | Rs. -0.45 | Rs. 0.02 | Rs. 0.34 | + 1600 % | + 175.56 % |
In reviewing EPIC Energy Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 424.14 % year-on-year growth, however, there was a minor increase of 224.79 % from the previous quarter. Expenses rose by 121.43 % compared to the previous year, with a 188.37 % increase quarter-on-quarter. Operating Profit surged by 203.7 % annually, and saw a 600 % increase from the last quarter.
Net Profit showed yearly increase of 175.76 %, and experienced a 2400 % increase from the previous quarter. Earnings Per Share (EPS) rose by 175.56 % annually, however rose by 1600 % compared to the last quarter. In essence, while EPIC Energy 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.
