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Eurotex Industries & Exports : Q4 2024 Financial Quarterly Report : YoY Sales Down 88.94 %,

June 21, 2024June 21, 2024| adminadmin| 0 Comments| 6:25 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -88.94 % over the year,
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 68.52 %. Marginal increase in other income during this quarter, up by 175.76%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Eurotex Industries & Exports Ltd.. Profit dropped by -125.68 % Year to Year, Eurotex Industries & Exports Ltd.’s profitability dropped by -51.68 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -125.59 % Year to Year. EPS decreased by -51.79 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Eurotex Industries & Exports Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 5.714 Cr Rs. 0 Cr Rs. 0.632 Cr 0 % -88.94 %
Expenses Rs. 1.68 Cr Rs. 1.13 Cr Rs. 1.05 Cr -7.08 % -37.5 %
Operating Profit Rs. 4.03 Cr Rs. -1.13 Cr Rs. -0.42 Cr + 62.83 % -110.42 %
OPM % 70.53 % 0 % -66.46 % -66.46 % -136.99 %
Other Income Rs. 0.54 Cr Rs. 0.33 Cr Rs. 0.91 Cr + 175.76 % + 68.52 %
Interest Rs. 0.65 Cr Rs. 0.65 Cr Rs. 0.67 Cr + 3.08 % + 3.08 %
Depreciation Rs. 0.76 Cr Rs. 0.71 Cr Rs. 0.68 Cr -4.23 % -10.53 %
Profit before tax Rs. 3.16 Cr Rs. -2.16 Cr Rs. -0.86 Cr + 60.19 % -127.22 %
Tax % 17 % -9.2 % -11.65 % -2.45 % -28.65 %
Net Profit Rs. 3.7 Cr Rs. -1.96 Cr Rs. -0.95 Cr + 51.53 % -125.68 %
EPS in Rs Rs. 4.22 Rs. -2.24 Rs. -1.08 + 51.79 % -125.59 %


Today, we’re looking at Eurotex Industries & Exports Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -88.94 %. Expenses decreased slightly by -7.08 % quarter-on-quarter, aligning with the annual decline of -37.5 %. Operating profit, while down -110.42 % compared to last year, faced a quarter-on-quarter increase of 62.83 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -136.99 %, but a shrinkage of -66.46 % sequentially. Other income rose by 175.76 % compared to the last quarter, despite an annual growth of 68.52 %. Interest expenses surged remarkably by 3.08 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.08 %. Depreciation costs fell by -4.23 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.53 %. Profit before tax declined annually by -127.22 % but saw an increase from the preceding quarter by 60.19 %.
Tax expenses as a percentage of profits decreased slightly by -28.65 % compared to last year, with a more notable quarter-on-quarter decrease of -2.45 %. Net profit fell by -125.68 % year-on-year but experienced a 51.53 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -125.59 % but a quarterly rise of 51.79 %. In summary, Eurotex Industries & Exports 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. 5.714 Cr Rs. 0 Cr Rs. 0.632 Cr 0 % -88.94 %
Expenses Rs. 1.68 Cr Rs. 1.13 Cr Rs. 1.05 Cr -7.08 % -37.5 %
Operating Profit Rs. 4.03 Cr Rs. -1.13 Cr Rs. -0.42 Cr + 62.83 % -110.42 %
Net Profit Rs. 3.7 Cr Rs. -1.96 Cr Rs. -0.95 Cr + 51.53 % -125.68 %
EPS in Rs Rs. 4.22 Rs. -2.24 Rs. -1.08 + 51.79 % -125.59 %


In reviewing Eurotex Industries & Exports Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -88.94 % year-on-year, Expenses decreased by -37.5 % compared to the previous year, with a decrease of -7.08 % quarter-on-quarter. Operating Profit dropped by -110.42 % annually, and saw a 62.83 % increase from the last quarter.
Net Profit showed yearly decrease of -125.68 %, and experienced a 51.53 % increase from the previous quarter. Earnings Per Share (EPS) fell by -125.59 % annually, however rose by 51.79 % compared to the last quarter. In essence, while Eurotex Industries & Exports Ltd. 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.

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