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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 28.14 % in the past year, decrease in net sales/revenue by -6.75 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -17.31 %, Marginal decrease of -5.88% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for FSN E-Commerce Ventures Limited. Notable increase of 298.73 % in net profit Year to Year, FSN E-Commerce Ventures Limited’s profitability dropped by -48.03 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 100.00 % Year to Year. EPS decreased by -66.67 % 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. 1301.724 Cr | Rs. 1788.798 Cr | Rs. 1667.98 Cr | -6.75 % | + 28.14 % |
Expenses | Rs. 1231.03 Cr | Rs. 1690.03 Cr | Rs. 1574.7 Cr | -6.82 % | + 27.92 % |
Operating Profit | Rs. 70.69 Cr | Rs. 98.77 Cr | Rs. 93.28 Cr | -5.56 % | + 31.96 % |
OPM % | 5.43 % | 5.52 % | 5.59 % | + 0.07 % | + 0.16 % |
Other Income | Rs. 7.74 Cr | Rs. 6.8 Cr | Rs. 6.4 Cr | -5.88 % | -17.31 % |
Interest | Rs. 18.76 Cr | Rs. 21.84 Cr | Rs. 21.13 Cr | -3.25 % | + 12.63 % |
Depreciation | Rs. 53.04 Cr | Rs. 58.03 Cr | Rs. 59.65 Cr | + 2.79 % | + 12.46 % |
Profit before tax | Rs. 6.63 Cr | Rs. 25.7 Cr | Rs. 18.9 Cr | -26.46 % | + 185.07 % |
Tax % | 50.46 % | 31.16 % | 50.22 % | + 19.06 % | -0.24 % |
Net Profit | Rs. 2.28 Cr | Rs. 17.45 Cr | Rs. 9.07 Cr | -48.02 % | + 297.81 % |
EPS in Rs | Rs. 0.01 | Rs. 0.06 | Rs. 0.02 | -66.67 % | + 100 % |
Today, we’re looking at FSN E-Commerce Ventures 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 28.14 %. However, it did see a marginal slip of -6.75 % from the previous quarter. Expenses decreased slightly by -6.82 % quarter-on-quarter, aligning with the annual rise of 27.92 %. Operating profit, while up 31.96 % compared to last year, faced a quarter-on-quarter dip of -5.56 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.16 %, but an expansion of 0.07 % sequentially. Other income fell by -5.88 % compared to the last quarter, despite an annual decline of -17.31 %. Interest expenses dropped significantly by -3.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.63 %. Depreciation costs climbed by 2.79 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.46 %. Profit before tax grew annually by 185.07 % but saw a reduction from the preceding quarter by -26.46 %.
Tax expenses as a percentage of profits decreased slightly by -0.24 % compared to last year, with a more notable quarter-on-quarter increase of 19.06 %. Net profit rose by 297.81 % year-on-year but witnessed a -48.02 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 100 % but a quarterly fall of -66.67 %. In summary, FSN E-Commerce Ventures 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. 1301.724 Cr | Rs. 1788.798 Cr | Rs. 1667.98 Cr | -6.75 % | + 28.14 % |
Expenses | Rs. 1231.03 Cr | Rs. 1690.03 Cr | Rs. 1574.7 Cr | -6.82 % | + 27.92 % |
Operating Profit | Rs. 70.69 Cr | Rs. 98.77 Cr | Rs. 93.28 Cr | -5.56 % | + 31.96 % |
Net Profit | Rs. 2.28 Cr | Rs. 17.45 Cr | Rs. 9.07 Cr | -48.02 % | + 297.81 % |
EPS in Rs | Rs. 0.01 | Rs. 0.06 | Rs. 0.02 | -66.67 % | + 100 % |
In reviewing FSN E-Commerce Ventures Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 28.14 % year-on-year growth, although there was a slight dip of -6.75 % from the previous quarter. Expenses rose by 27.92 % compared to the previous year, with a decrease of -6.82 % quarter-on-quarter. Operating Profit surged by 31.96 % annually, and saw a -5.56 % decrease from the last quarter.
Net Profit showed yearly increase of 297.81 %, and experienced a -48.02 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 100 % annually, however dipped by -66.67 % compared to the last quarter. In essence, while FSN E-Commerce Ventures Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.