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Highlights
- Sales over the Year and quarter: The company’s sales declined by -50.78 % over the year, substantial increase in net sales/revenue by 59.36 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 169.49 %. Marginal decrease of -96.97% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Freshtrop Fruits Ltd.. Profit dropped by -103 % Year to Year, Freshtrop Fruits Ltd.’s profitability dropped by -100.44 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -103.02 % Year to Year. EPS decreased by -100.44 % 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. 76.868 Cr | Rs. 23.74 Cr | Rs. 37.832 Cr | + 59.36 % | -50.78 % |
Expenses | Rs. 66.25 Cr | Rs. 27.79 Cr | Rs. 38.73 Cr | + 39.37 % | -41.54 % |
Operating Profit | Rs. 10.62 Cr | Rs. -4.05 Cr | Rs. -0.9 Cr | + 77.78 % | -108.47 % |
OPM % | 13.82 % | -17.06 % | -2.38 % | + 14.68 % | -16.2 % |
Other Income | Rs. 0.59 Cr | Rs. 52.4 Cr | Rs. 1.59 Cr | -96.97 % | + 169.49 % |
Interest | Rs. 0.32 Cr | Rs. 0.13 Cr | Rs. 0.08 Cr | -38.46 % | -75 % |
Depreciation | Rs. 1.3 Cr | Rs. 1.16 Cr | Rs. 1.22 Cr | + 5.17 % | -6.15 % |
Profit before tax | Rs. 9.59 Cr | Rs. 47.06 Cr | Rs. -0.61 Cr | -101.3 % | -106.36 % |
Tax % | 28.33 % | -4.23 % | -65.67 % | -61.44 % | -94 % |
Net Profit | Rs. 6.88 Cr | Rs. 47.25 Cr | Rs. -0.21 Cr | -100.44 % | -103.05 % |
EPS in Rs | Rs. 6.95 | Rs. -4.35 | Rs. -0.21 | + 95.17 % | -103.02 % |
Today, we’re looking at Freshtrop Fruits Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -50.78 %. However, it did see a marginal increase of 59.36 % from the previous quarter. Expenses ticked up slightly by 39.37 % quarter-on-quarter, aligning with the annual decline of -41.54 %. Operating profit, while down -108.47 % compared to last year, faced a quarter-on-quarter increase of 77.78 %, 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 -16.2 %, but an expansion of 14.68 % sequentially. Other income fell by -96.97 % compared to the last quarter, despite an annual growth of 169.49 %. Interest expenses dropped significantly by -38.46 % from the previous quarter, yet the year-over-year decrease remains at a moderate -75 %. Depreciation costs climbed by 5.17 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.15 %. Profit before tax declined annually by -106.36 % but saw a reduction from the preceding quarter by -101.3 %.
Tax expenses as a percentage of profits decreased slightly by -94 % compared to last year, with a more notable quarter-on-quarter decrease of -61.44 %. Net profit fell by -103.05 % year-on-year but witnessed a -100.44 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -103.02 % but a quarterly rise of 95.17 %. In summary, Freshtrop Fruits Ltd.’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. 76.868 Cr | Rs. 23.74 Cr | Rs. 37.832 Cr | + 59.36 % | -50.78 % |
Expenses | Rs. 66.25 Cr | Rs. 27.79 Cr | Rs. 38.73 Cr | + 39.37 % | -41.54 % |
Operating Profit | Rs. 10.62 Cr | Rs. -4.05 Cr | Rs. -0.9 Cr | + 77.78 % | -108.47 % |
Net Profit | Rs. 6.88 Cr | Rs. 47.25 Cr | Rs. -0.21 Cr | -100.44 % | -103.05 % |
EPS in Rs | Rs. 6.95 | Rs. -4.35 | Rs. -0.21 | + 95.17 % | -103.02 % |
In reviewing Freshtrop Fruits Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -50.78 % year-on-year, however, there was a minor increase of 59.36 % from the previous quarter. Expenses decreased by -41.54 % compared to the previous year, with a 39.37 % increase quarter-on-quarter. Operating Profit dropped by -108.47 % annually, and saw a 77.78 % increase from the last quarter.
Net Profit showed yearly decrease of -103.05 %, and experienced a -100.44 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -103.02 % annually, however rose by 95.17 % compared to the last quarter. In essence, while Freshtrop Fruits 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.