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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.43 % in the past year, decrease in net sales/revenue by -14.35 %.
- 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 378.02 %. Marginal increase in other income during this quarter, up by 120.08%.
- Profit over the Year and quarter: Challenges in sustaining profitability for GE Power India Limited. Profit dropped by -120 % Year to Year, GE Power India Limited’s profitability increased by 6910.81 % in this quarter.
- EPS over the Year and quarter: EPS declined by -120.01 % Year to Year. EPS increased by 6333.33 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 344.48 Cr | Rs. 456.22 Cr | Rs. 390.76 Cr | -14.35 % | + 13.43 % |
| Expenses | Rs. 463.66 Cr | Rs. 470.79 Cr | Rs. 426.35 Cr | -9.44 % | -8.05 % |
| Operating Profit | Rs. -119.18 Cr | Rs. -14.57 Cr | Rs. -35.59 Cr | -144.27 % | + 70.14 % |
| OPM % | -34.6 % | -3.19 % | -9.11 % | -5.92 % | + 25.49 % |
| Other Income | Rs. 17.15 Cr | Rs. 37.25 Cr | Rs. 81.98 Cr | + 120.08 % | + 378.02 % |
| Interest | Rs. 18.2 Cr | Rs. 17.28 Cr | Rs. 15.33 Cr | -11.28 % | -15.77 % |
| Depreciation | Rs. 5.72 Cr | Rs. 5.03 Cr | Rs. 5.12 Cr | + 1.79 % | -10.49 % |
| Profit before tax | Rs. -125.95 Cr | Rs. 0.37 Cr | Rs. 25.94 Cr | + 6910.81 % | + 120.6 % |
| Tax % | -2.93 % | -0 % | 0 % | 0 % | + 2.93 % |
| Net Profit | Rs. -129.7 Cr | Rs. 0.37 Cr | Rs. 25.94 Cr | + 6910.81 % | + 120 % |
| EPS in Rs | Rs. -19.29 | Rs. 0.06 | Rs. 3.86 | + 6333.33 % | + 120.01 % |
Today, we’re looking at GE Power India 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 13.43 %. However, it did see a marginal slip of -14.35 % from the previous quarter. Expenses decreased slightly by -9.44 % quarter-on-quarter, aligning with the annual decline of -8.05 %. Operating profit, while up 70.14 % compared to last year, faced a quarter-on-quarter dip of -144.27 %, 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 25.49 %, but a shrinkage of -5.92 % sequentially. Other income rose by 120.08 % compared to the last quarter, despite an annual growth of 378.02 %. Interest expenses dropped significantly by -11.28 % from the previous quarter, yet the year-over-year decrease remains at a moderate -15.77 %. Depreciation costs climbed by 1.79 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.49 %. Profit before tax grew annually by 120.6 % but saw an increase from the preceding quarter by 6910.81 %.
Tax expenses as a percentage of profits increased slightly by 2.93 % compared to last year, Net profit rose by 120 % year-on-year but experienced a 6910.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 120.01 % but a quarterly rise of 6333.33 %. In summary, GE Power India 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. 344.48 Cr | Rs. 456.22 Cr | Rs. 390.76 Cr | -14.35 % | + 13.43 % |
| Expenses | Rs. 463.66 Cr | Rs. 470.79 Cr | Rs. 426.35 Cr | -9.44 % | -8.05 % |
| Operating Profit | Rs. -119.18 Cr | Rs. -14.57 Cr | Rs. -35.59 Cr | -144.27 % | + 70.14 % |
| Net Profit | Rs. -129.7 Cr | Rs. 0.37 Cr | Rs. 25.94 Cr | + 6910.81 % | + 120 % |
| EPS in Rs | Rs. -19.29 | Rs. 0.06 | Rs. 3.86 | + 6333.33 % | + 120.01 % |
In reviewing GE Power India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.43 % year-on-year growth, although there was a slight dip of -14.35 % from the previous quarter. Expenses decreased by -8.05 % compared to the previous year, with a decrease of -9.44 % quarter-on-quarter. Operating Profit surged by 70.14 % annually, and saw a -144.27 % decrease from the last quarter.
Net Profit showed yearly increase of 120 %, and experienced a 6910.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 120.01 % annually, however rose by 6333.33 % compared to the last quarter. In essence, while GE Power India 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.
