Share the post "Flora Corporation : Q4 2024 Financial Quarterly Report : YoY Sales Up 237.91 %, QoQ Up 113.73 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 237.91 % in the past year, substantial increase in net sales/revenue by 113.73 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Flora Corporation Limited. Profit dropped by -102.36 % Year to Year, Flora Corporation Limited’s profitability dropped by -108.47 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -102.04 % Year to Year. EPS decreased by -107.69 % 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. 21.381 Cr | Rs. 33.804 Cr | Rs. 72.249 Cr | + 113.73 % | + 237.91 % |
Expenses | Rs. 21.77 Cr | Rs. 33.79 Cr | Rs. 72.23 Cr | + 113.76 % | + 231.79 % |
Operating Profit | Rs. -0.39 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 105.13 % |
OPM % | -1.82 % | 0.03 % | 0.03 % | + 0 % | + 1.85 % |
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. -0.39 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 105.13 % |
Tax % | -9 % | 942.86 % | 50 % | -892.86 % | + 59 % |
Net Profit | Rs. -0.42 Cr | Rs. -0.12 Cr | Rs. 0.01 Cr | + 108.33 % | + 102.38 % |
EPS in Rs | Rs. -0.49 | Rs. -0.13 | Rs. 0.01 | + 107.69 % | + 102.04 % |
Today, we’re looking at Flora Corporation 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 237.91 %. However, it did see a marginal increase of 113.73 % from the previous quarter. Expenses ticked up slightly by 113.76 % quarter-on-quarter, aligning with the annual rise of 231.79 %. Operating profit, while up 105.13 % compared to last year, faced a quarter-on-quarter increase of 100 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.85 %, but an expansion of 0 % sequentially. Profit before tax grew annually by 105.13 % but saw an increase from the preceding quarter by 100 %.
Tax expenses as a percentage of profits increased slightly by 59 % compared to last year, with a more notable quarter-on-quarter decrease of -892.86 %. Net profit rose by 102.38 % year-on-year but experienced a 108.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 102.04 % but a quarterly rise of 107.69 %. In summary, Flora Corporation 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. 21.381 Cr | Rs. 33.804 Cr | Rs. 72.249 Cr | + 113.73 % | + 237.91 % |
Expenses | Rs. 21.77 Cr | Rs. 33.79 Cr | Rs. 72.23 Cr | + 113.76 % | + 231.79 % |
Operating Profit | Rs. -0.39 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 105.13 % |
Net Profit | Rs. -0.42 Cr | Rs. -0.12 Cr | Rs. 0.01 Cr | + 108.33 % | + 102.38 % |
EPS in Rs | Rs. -0.49 | Rs. -0.13 | Rs. 0.01 | + 107.69 % | + 102.04 % |
In reviewing Flora Corporation Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 237.91 % year-on-year growth, however, there was a minor increase of 113.73 % from the previous quarter. Expenses rose by 231.79 % compared to the previous year, with a 113.76 % increase quarter-on-quarter. Operating Profit surged by 105.13 % annually, and saw a 100 % increase from the last quarter.
Net Profit showed yearly increase of 102.38 %, and experienced a 108.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 102.04 % annually, however rose by 107.69 % compared to the last quarter. In essence, while Flora Corporation Limited 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.