Share the post "GHCL Textiles Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 975.35 % in YoY and increased by 17.08 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 975.35 % in the past year, substantial increase in net sales/revenue by 17.08 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -65.57 %, Marginal decrease of -17.58% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for GHCL Textiles Limited. Notable increase of 91.59 % in net profit Year to Year, GHCL Textiles Limited’s profitability increased by 128.29 % in this quarter.
- EPS over the Year and quarter: EPS declined by -69.60 % Year to Year. EPS increased by 127.66 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 26.61 Cr | Rs. 244.41 Cr | Rs. 286.15 Cr | + 17.08 % | + 975.35 % |
Expenses | Rs. 22.62 Cr | Rs. 225.85 Cr | Rs. 257.83 Cr | + 14.16 % | + 1039.83 % |
Operating Profit | Rs. 3.99 Cr | Rs. 18.56 Cr | Rs. 28.32 Cr | + 52.59 % | + 609.77 % |
OPM % | 14.99 % | 7.59 % | 9.9 % | + 2.31 % | -5.09 % |
Other Income | Rs. 3.95 Cr | Rs. 1.65 Cr | Rs. 1.36 Cr | -17.58 % | -65.57 % |
Interest | Rs. 0.22 Cr | Rs. 1.71 Cr | Rs. 2.3 Cr | + 34.5 % | + 945.45 % |
Depreciation | Rs. 0.59 Cr | Rs. 12.32 Cr | Rs. 13.02 Cr | + 5.68 % | + 2106.78 % |
Profit before tax | Rs. 7.13 Cr | Rs. 6.18 Cr | Rs. 14.36 Cr | + 132.36 % | + 101.4 % |
Tax % | 24.96 % | 27.35 % | 28.62 % | + 1.27 % | + 3.66 % |
Net Profit | Rs. 5.35 Cr | Rs. 4.49 Cr | Rs. 10.25 Cr | + 128.29 % | + 91.59 % |
EPS in Rs | Rs. 3.52 | Rs. 0.47 | Rs. 1.07 | + 127.66 % | -69.6 % |
Today, we’re looking at GHCL Textiles 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 975.35 %. However, it did see a marginal increase of 17.08 % from the previous quarter. Expenses ticked up slightly by 14.16 % quarter-on-quarter, aligning with the annual rise of 1039.83 %. Operating profit, while up 609.77 % compared to last year, faced a quarter-on-quarter increase of 52.59 %, 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 -5.09 %, but an expansion of 2.31 % sequentially. Other income fell by -17.58 % compared to the last quarter, despite an annual decline of -65.57 %. Interest expenses surged remarkably by 34.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 945.45 %. Depreciation costs climbed by 5.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2106.78 %. Profit before tax grew annually by 101.4 % but saw an increase from the preceding quarter by 132.36 %.
Tax expenses as a percentage of profits increased slightly by 3.66 % compared to last year, with a more notable quarter-on-quarter increase of 1.27 %. Net profit rose by 91.59 % year-on-year but experienced a 128.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -69.6 % but a quarterly rise of 127.66 %. In summary, GHCL Textiles 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. 26.61 Cr | Rs. 244.41 Cr | Rs. 286.15 Cr | + 17.08 % | + 975.35 % |
Expenses | Rs. 22.62 Cr | Rs. 225.85 Cr | Rs. 257.83 Cr | + 14.16 % | + 1039.83 % |
Operating Profit | Rs. 3.99 Cr | Rs. 18.56 Cr | Rs. 28.32 Cr | + 52.59 % | + 609.77 % |
Net Profit | Rs. 5.35 Cr | Rs. 4.49 Cr | Rs. 10.25 Cr | + 128.29 % | + 91.59 % |
EPS in Rs | Rs. 3.52 | Rs. 0.47 | Rs. 1.07 | + 127.66 % | -69.6 % |
In reviewing GHCL Textiles Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 975.35 % year-on-year growth, however, there was a minor increase of 17.08 % from the previous quarter. Expenses rose by 1039.83 % compared to the previous year, with a 14.16 % increase quarter-on-quarter. Operating Profit surged by 609.77 % annually, and saw a 52.59 % increase from the last quarter.
Net Profit showed yearly increase of 91.59 %, and experienced a 128.29 % increase from the previous quarter. Earnings Per Share (EPS) fell by -69.6 % annually, however rose by 127.66 % compared to the last quarter. In essence, while GHCL Textiles Limited faces strong annual decline 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.