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Evergreen Textiles Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

April 25, 2024April 25, 2024| adminadmin| 0 Comments| 6:45 am
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Highlights

  • Sales over the Year and quarter: Substantial increase in net sales/revenue by 14.00%.
  • Income over the Year and quarter:
  • Profit over the Year and quarter: Challenges in sustaining profitability for Evergreen Textiles Limited. Profit dropped by -2,145.90% Year to YearEvergreen Textiles Limited’s profitability increased by 225.85% in this quarter.
  • EPS over the Year and quarter: EPS declined by -2,100.00% Year to Year.EPS increased by 225.00%. Positive impact on shareholders.
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The comprehensive analytics outlining the performance and outlook of Evergreen Textiles Limited”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. Cr Rs. 10.951 Cr Rs. 12.484 Cr + 14% %
Expenses Rs. 0.06 Cr Rs. 10.57 Cr Rs. 11.24 Cr + 6.34% + 18633.33%
Operating Profit Rs. -0.06 Cr Rs. 0.38 Cr Rs. 1.24 Cr + 226.32% + 2166.67%
OPM % % 3.47 % 9.93 % + 6.46% 0%
Other Income Rs. 0 Cr Rs. -0 Cr Rs. 0 Cr 0% 0%
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0% 0%
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0% 0%
Profit before tax Rs. -0.06 Cr Rs. 0.38 Cr Rs. 1.24 Cr + 226.32% + 2166.67%
Tax % -0 % 0 % 0 % 0% 0%
Net Profit Rs. -0.06 Cr Rs. 0.38 Cr Rs. 1.25 Cr + 228.95% + 2183.33%
EPS in Rs Rs. -0.13 Rs. 0.8 Rs. 2.6 + 225% + 2100%


Today, we’re looking at Evergreen Textiles Limited’s financial performance for the Q4(Mar 2024).However, it did see a marginal increase of 14% from the previous quarter.Expenses ticked up slightly by 6.34% quarter-on-quarter, aligning with the annual rise of 18633.33%. Operating profit, while up 2166.67% compared to last year, faced a quarter-on-quarter increase of 226.32%, signaling a short-term expansion in margins.
but an expansion of 6.46% sequentially. Profit before tax grew annually by 2166.67% but saw an increase from the preceding quarter by 226.32%.
Net profit rose by 2183.33% year-on-year but experienced a 228.95% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2100% but a quarterly rise of 225%. In summary, Evergreen Textiles 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. Cr Rs. 10.951 Cr Rs. 12.484 Cr + 14% %
Expenses Rs. 0.06 Cr Rs. 10.57 Cr Rs. 11.24 Cr + 6.34% + 18633.33%
Operating Profit Rs. -0.06 Cr Rs. 0.38 Cr Rs. 1.24 Cr + 226.32% + 2166.67%
Net Profit Rs. -0.06 Cr Rs. 0.38 Cr Rs. 1.25 Cr + 228.95% + 2183.33%
EPS in Rs Rs. -0.13 Rs. 0.8 Rs. 2.6 + 225% + 2100%


In reviewing Evergreen Textiles Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.however, there was a minor increase of 14% from the previous quarter. Expenses rose by 18633.33% compared to the previous year, with a 6.34% increase quarter-on-quarter. Operating Profit surged by 2166.67% annually, and saw a 226.32% increase from the last quarter.
Net Profit showed yearly increase of 2183.33%, and experienced a 228.95% increase from the previous quarter. Earnings Per Share (EPS) rose by 2100% annually, however rose by 225% compared to the last quarter. In essence, while Evergreen Textiles 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.

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