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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1359.86 % in the past year, substantial increase in net sales/revenue by 360.3 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -79.49 %, Marginal increase in other income during this quarter, up by 300%.
- Profit over the Year and quarter: Challenges in sustaining profitability for GeeCee Ventures Limited. Profit dropped by -261.53 % Year to Year, GeeCee Ventures Limited’s profitability increased by 94.66 % in this quarter.
- EPS over the Year and quarter: EPS declined by -261.51 % Year to Year. EPS increased by 94.55 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4.325 Cr | Rs. 13.717 Cr | Rs. 63.139 Cr | + 360.3 % | + 1359.86 % |
| Expenses | Rs. 19.2 Cr | Rs. 3.43 Cr | Rs. 40.93 Cr | + 1093.29 % | + 113.18 % |
| Operating Profit | Rs. -14.88 Cr | Rs. 10.29 Cr | Rs. 22.21 Cr | + 115.84 % | + 249.26 % |
| OPM % | -344.05 % | 75.02 % | 35.18 % | -39.84 % | + 379.23 % |
| Other Income | Rs. 1.17 Cr | Rs. 0.06 Cr | Rs. 0.24 Cr | + 300 % | -79.49 % |
| Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 100 % |
| Depreciation | Rs. 0.42 Cr | Rs. 0.52 Cr | Rs. 0.53 Cr | + 1.92 % | + 26.19 % |
| Profit before tax | Rs. -14.14 Cr | Rs. 9.82 Cr | Rs. 21.9 Cr | + 123.01 % | + 254.88 % |
| Tax % | -21.64 % | 6.35 % | 18.27 % | + 11.92 % | + 39.91 % |
| Net Profit | Rs. -11.08 Cr | Rs. 9.2 Cr | Rs. 17.9 Cr | + 94.57 % | + 261.55 % |
| EPS in Rs | Rs. -5.3 | Rs. 4.4 | Rs. 8.56 | + 94.55 % | + 261.51 % |
Today, we’re looking at GeeCee 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 1359.86 %. However, it did see a marginal increase of 360.3 % from the previous quarter. Expenses ticked up slightly by 1093.29 % quarter-on-quarter, aligning with the annual rise of 113.18 %. Operating profit, while up 249.26 % compared to last year, faced a quarter-on-quarter increase of 115.84 %, 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 379.23 %, but a shrinkage of -39.84 % sequentially. Other income rose by 300 % compared to the last quarter, despite an annual decline of -79.49 %. Interest expenses surged remarkably by 100 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 1.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 26.19 %. Profit before tax grew annually by 254.88 % but saw an increase from the preceding quarter by 123.01 %.
Tax expenses as a percentage of profits increased slightly by 39.91 % compared to last year, with a more notable quarter-on-quarter increase of 11.92 %. Net profit rose by 261.55 % year-on-year but experienced a 94.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 261.51 % but a quarterly rise of 94.55 %. In summary, GeeCee 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. 4.325 Cr | Rs. 13.717 Cr | Rs. 63.139 Cr | + 360.3 % | + 1359.86 % |
| Expenses | Rs. 19.2 Cr | Rs. 3.43 Cr | Rs. 40.93 Cr | + 1093.29 % | + 113.18 % |
| Operating Profit | Rs. -14.88 Cr | Rs. 10.29 Cr | Rs. 22.21 Cr | + 115.84 % | + 249.26 % |
| Net Profit | Rs. -11.08 Cr | Rs. 9.2 Cr | Rs. 17.9 Cr | + 94.57 % | + 261.55 % |
| EPS in Rs | Rs. -5.3 | Rs. 4.4 | Rs. 8.56 | + 94.55 % | + 261.51 % |
In reviewing GeeCee Ventures Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1359.86 % year-on-year growth, however, there was a minor increase of 360.3 % from the previous quarter. Expenses rose by 113.18 % compared to the previous year, with a 1093.29 % increase quarter-on-quarter. Operating Profit surged by 249.26 % annually, and saw a 115.84 % increase from the last quarter.
Net Profit showed yearly increase of 261.55 %, and experienced a 94.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 261.51 % annually, however rose by 94.55 % compared to the last quarter. In essence, while GeeCee Ventures 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.
