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.
| 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.
