Share the post "Fervent Synergies Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 1570.19 % in YoY and increased by 68.13 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1570.19 % in the past year, substantial increase in net sales/revenue by 68.13 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Fervent Synergies Limited. Profit dropped by -670450 % Year to Year, Fervent Synergies Limited’s profitability dropped by -3713.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -3825 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.889 Cr | Rs. 8.831 Cr | Rs. 14.848 Cr | + 68.13 % | + 1570.19 % |
Expenses | Rs. 0.74 Cr | Rs. 8.33 Cr | Rs. 28.4 Cr | + 240.94 % | + 3737.84 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.5 Cr | Rs. -13.55 Cr | -2810 % | -9133.33 % |
OPM % | 16.87 % | 5.66 % | -91.26 % | -96.92 % | -108.13 % |
Other Income | Rs. -0 Cr | Rs. -0 Cr | Rs. -0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.04 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.14 Cr | Rs. 0.49 Cr | Rs. -13.6 Cr | -2875.51 % | -9814.29 % |
Tax % | 98.57 % | 25.2 % | -1.43 % | -26.63 % | -100 % |
Net Profit | Rs. 0 Cr | Rs. 0.37 Cr | Rs. -13.41 Cr | -3724.32 % | 0 % |
EPS in Rs | Rs. | Rs. 0.12 | Rs. -4.47 | -3825 % | 0 % |
Today, we’re looking at Fervent Synergies Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1570.19 %. However, it did see a marginal increase of 68.13 % from the previous quarter. Expenses ticked up slightly by 240.94 % quarter-on-quarter, aligning with the annual rise of 3737.84 %. Operating profit, while down -9133.33 % compared to last year, faced a quarter-on-quarter dip of -2810 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -108.13 %, but a shrinkage of -96.92 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -9814.29 % but saw a reduction from the preceding quarter by -2875.51 %.
Tax expenses as a percentage of profits decreased slightly by -100 % compared to last year, with a more notable quarter-on-quarter decrease of -26.63 %. but witnessed a -3724.32 % contraction from the last quarter. but a quarterly fall of -3825 %. In summary, Fervent Synergies 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. 0.889 Cr | Rs. 8.831 Cr | Rs. 14.848 Cr | + 68.13 % | + 1570.19 % |
Expenses | Rs. 0.74 Cr | Rs. 8.33 Cr | Rs. 28.4 Cr | + 240.94 % | + 3737.84 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.5 Cr | Rs. -13.55 Cr | -2810 % | -9133.33 % |
Net Profit | Rs. 0 Cr | Rs. 0.37 Cr | Rs. -13.41 Cr | -3724.32 % | 0 % |
EPS in Rs | Rs. | Rs. 0.12 | Rs. -4.47 | -3825 % | 0 % |
In reviewing Fervent Synergies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1570.19 % year-on-year growth, however, there was a minor increase of 68.13 % from the previous quarter. Expenses rose by 3737.84 % compared to the previous year, with a 240.94 % increase quarter-on-quarter. Operating Profit dropped by -9133.33 % annually, and saw a -2810 % decrease from the last quarter.
and experienced a -3724.32 % decrease from the previous quarter. however dipped by -3825 % compared to the last quarter. In essence, while Fervent Synergies Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.