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Highlights
- Sales over the Year and quarter: The company’s sales declined by -33.24 % over the year, substantial increase in net sales/revenue by 48.95 %.
- 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 7.29 %. Marginal decrease of -6.94% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for GOCL Corporation Limited. Profit dropped by -38.36 % Year to Year, GOCL Corporation Limited’s profitability dropped by -23.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -38.76 % Year to Year. EPS decreased by -24.26 % 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. 47.607 Cr | Rs. 21.338 Cr | Rs. 31.784 Cr | + 48.95 % | -33.24 % |
Expenses | Rs. 46.84 Cr | Rs. 26.79 Cr | Rs. 38.02 Cr | + 41.92 % | -18.83 % |
Operating Profit | Rs. 0.77 Cr | Rs. -5.45 Cr | Rs. -6.24 Cr | -14.5 % | -910.39 % |
OPM % | 1.62 % | -25.54 % | -19.63 % | + 5.91 % | -21.25 % |
Other Income | Rs. 15.5 Cr | Rs. 17.87 Cr | Rs. 16.63 Cr | -6.94 % | + 7.29 % |
Interest | Rs. 0.24 Cr | Rs. 0.11 Cr | Rs. 0.39 Cr | + 254.55 % | + 62.5 % |
Depreciation | Rs. 2.07 Cr | Rs. 1.54 Cr | Rs. 1.63 Cr | + 5.84 % | -21.26 % |
Profit before tax | Rs. 13.96 Cr | Rs. 10.77 Cr | Rs. 8.37 Cr | -22.28 % | -40.04 % |
Tax % | 25.86 % | 22.36 % | 23.84 % | + 1.48 % | -2.02 % |
Net Profit | Rs. 10.35 Cr | Rs. 8.36 Cr | Rs. 6.38 Cr | -23.68 % | -38.36 % |
EPS in Rs | Rs. 2.09 | Rs. 1.69 | Rs. 1.28 | -24.26 % | -38.76 % |
Today, we’re looking at GOCL Corporation Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -33.24 %. However, it did see a marginal increase of 48.95 % from the previous quarter. Expenses ticked up slightly by 41.92 % quarter-on-quarter, aligning with the annual decline of -18.83 %. Operating profit, while down -910.39 % compared to last year, faced a quarter-on-quarter dip of -14.5 %, 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 -21.25 %, but an expansion of 5.91 % sequentially. Other income fell by -6.94 % compared to the last quarter, despite an annual growth of 7.29 %. Interest expenses surged remarkably by 254.55 % from the previous quarter, yet the year-over-year increase remains at a moderate 62.5 %. Depreciation costs climbed by 5.84 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -21.26 %. Profit before tax declined annually by -40.04 % but saw a reduction from the preceding quarter by -22.28 %.
Tax expenses as a percentage of profits decreased slightly by -2.02 % compared to last year, with a more notable quarter-on-quarter increase of 1.48 %. Net profit fell by -38.36 % year-on-year but witnessed a -23.68 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -38.76 % but a quarterly fall of -24.26 %. In summary, GOCL Corporation 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. 47.607 Cr | Rs. 21.338 Cr | Rs. 31.784 Cr | + 48.95 % | -33.24 % |
Expenses | Rs. 46.84 Cr | Rs. 26.79 Cr | Rs. 38.02 Cr | + 41.92 % | -18.83 % |
Operating Profit | Rs. 0.77 Cr | Rs. -5.45 Cr | Rs. -6.24 Cr | -14.5 % | -910.39 % |
Net Profit | Rs. 10.35 Cr | Rs. 8.36 Cr | Rs. 6.38 Cr | -23.68 % | -38.36 % |
EPS in Rs | Rs. 2.09 | Rs. 1.69 | Rs. 1.28 | -24.26 % | -38.76 % |
In reviewing GOCL Corporation Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -33.24 % year-on-year, however, there was a minor increase of 48.95 % from the previous quarter. Expenses decreased by -18.83 % compared to the previous year, with a 41.92 % increase quarter-on-quarter. Operating Profit dropped by -910.39 % annually, and saw a -14.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -38.36 %, and experienced a -23.68 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -38.76 % annually, however dipped by -24.26 % compared to the last quarter. In essence, while GOCL Corporation 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.