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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 19.2 % in the past year, decrease in net sales/revenue by -6.72 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -56.04 %, Marginal decrease of -10.67% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Global Vectra Helicorp Limited. Notable increase of 341.5 % in net profit Year to Year, Global Vectra Helicorp Limited’s profitability dropped by -201.54 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 342.42 % Year to Year. EPS decreased by -201.62 % 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. 117.772 Cr | Rs. 150.501 Cr | Rs. 140.382 Cr | -6.72 % | + 19.2 % |
Expenses | Rs. 100.66 Cr | Rs. 119.69 Cr | Rs. 125.29 Cr | + 4.68 % | + 24.47 % |
Operating Profit | Rs. 17.11 Cr | Rs. 30.81 Cr | Rs. 15.09 Cr | -51.02 % | -11.81 % |
OPM % | 14.53 % | 20.47 % | 10.75 % | -9.72 % | -3.78 % |
Other Income | Rs. 7.143 Cr | Rs. 3.515 Cr | Rs. 3.14 Cr | -10.67 % | -56.04 % |
Interest | Rs. 6.04 Cr | Rs. 9.29 Cr | Rs. 8.7 Cr | -6.35 % | + 44.04 % |
Depreciation | Rs. 18.84 Cr | Rs. 18.67 Cr | Rs. 18.18 Cr | -2.62 % | -3.5 % |
Profit before tax | Rs. -0.63 Cr | Rs. 6.37 Cr | Rs. -8.65 Cr | -235.79 % | -1273.02 % |
Tax % | -123.51 % | 5.14 % | -29.18 % | -34.32 % | + 94.33 % |
Net Profit | Rs. -1.39 Cr | Rs. 6.04 Cr | Rs. -6.13 Cr | -201.49 % | -341.01 % |
EPS in Rs | Rs. -0.99 | Rs. 4.31 | Rs. -4.38 | -201.62 % | -342.42 % |
Today, we’re looking at Global Vectra Helicorp Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 19.2 %. However, it did see a marginal slip of -6.72 % from the previous quarter. Expenses ticked up slightly by 4.68 % quarter-on-quarter, aligning with the annual rise of 24.47 %. Operating profit, while down -11.81 % compared to last year, faced a quarter-on-quarter dip of -51.02 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.78 %, but a shrinkage of -9.72 % sequentially. Other income fell by -10.67 % compared to the last quarter, despite an annual decline of -56.04 %. Interest expenses dropped significantly by -6.35 % from the previous quarter, yet the year-over-year increase remains at a moderate 44.04 %. Depreciation costs fell by -2.62 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.5 %. Profit before tax declined annually by -1273.02 % but saw a reduction from the preceding quarter by -235.79 %.
Tax expenses as a percentage of profits increased slightly by 94.33 % compared to last year, with a more notable quarter-on-quarter decrease of -34.32 %. Net profit fell by -341.01 % year-on-year but witnessed a -201.49 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -342.42 % but a quarterly fall of -201.62 %. In summary, Global Vectra Helicorp 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. 117.772 Cr | Rs. 150.501 Cr | Rs. 140.382 Cr | -6.72 % | + 19.2 % |
Expenses | Rs. 100.66 Cr | Rs. 119.69 Cr | Rs. 125.29 Cr | + 4.68 % | + 24.47 % |
Operating Profit | Rs. 17.11 Cr | Rs. 30.81 Cr | Rs. 15.09 Cr | -51.02 % | -11.81 % |
Net Profit | Rs. -1.39 Cr | Rs. 6.04 Cr | Rs. -6.13 Cr | -201.49 % | -341.01 % |
EPS in Rs | Rs. -0.99 | Rs. 4.31 | Rs. -4.38 | -201.62 % | -342.42 % |
In reviewing Global Vectra Helicorp Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.2 % year-on-year growth, although there was a slight dip of -6.72 % from the previous quarter. Expenses rose by 24.47 % compared to the previous year, with a 4.68 % increase quarter-on-quarter. Operating Profit dropped by -11.81 % annually, and saw a -51.02 % decrease from the last quarter.
Net Profit showed yearly decrease of -341.01 %, and experienced a -201.49 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -342.42 % annually, however dipped by -201.62 % compared to the last quarter. In essence, while Global Vectra Helicorp Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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