Finolex Cables : Q4 2024 Financial Quarterly Report : YoY Sales Up 14.43 %, QoQ Up 14.68 %

The comprehensive analytics outlining the performance and outlook of Finolex Cables 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.

Today, we’re looking at Finolex Cables 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 14.43 %. However, it did see a marginal increase of 14.68 % from the previous quarter. Expenses ticked up slightly by 13.89 % quarter-on-quarter, aligning with the annual rise of 14.88 %. Operating profit, while up 11.13 % compared to last year, faced a quarter-on-quarter increase of 21.1 %, 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 -0.34 %, but an expansion of 0.62 % sequentially. Other income rose by 10.3 % compared to the last quarter, despite an annual growth of 18.77 %. Interest expenses surged remarkably by 109.52 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.53 %. Depreciation costs climbed by 7.27 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -23.05 %. Profit before tax grew annually by 16.05 % but saw an increase from the preceding quarter by 18.87 %.
Tax expenses as a percentage of profits increased slightly by 2.27 % compared to last year, with a more notable quarter-on-quarter increase of 1.78 %. Net profit rose by 6.34 % year-on-year but experienced a 23.26 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.38 % but a quarterly rise of 23.3 %. In summary, Finolex Cables Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Finolex Cables Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.43 % year-on-year growth, however, there was a minor increase of 14.68 % from the previous quarter. Expenses rose by 14.88 % compared to the previous year, with a 13.89 % increase quarter-on-quarter. Operating Profit surged by 11.13 % annually, and saw a 21.1 % increase from the last quarter.
Net Profit showed yearly increase of 6.34 %, and experienced a 23.26 % increase from the previous quarter. Earnings Per Share (EPS) rose by 6.38 % annually, however rose by 23.3 % compared to the last quarter. In essence, while Finolex Cables 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.