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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 38.43 % in the past year, substantial increase in net sales/revenue by 12.14 %.
- 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 179.33 %. Marginal increase in other income during this quarter, up by 13.65%.
- Profit over the Year and quarter: Significant improvement in profitability for Goldiam International Ltd.. Notable increase of 27.41 % in net profit Year to Year, Goldiam International Ltd.’s profitability increased by 24.09 % in this quarter.
- EPS over the Year and quarter: EPS increased by 29.56 % Year to Year. EPS increased by 24.1 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 119.771 Cr | Rs. 147.859 Cr | Rs. 165.803 Cr | + 12.14 % | + 38.43 % |
| Expenses | Rs. 97.38 Cr | Rs. 123.9 Cr | Rs. 135.56 Cr | + 9.41 % | + 39.21 % |
| Operating Profit | Rs. 22.39 Cr | Rs. 23.96 Cr | Rs. 30.24 Cr | + 26.21 % | + 35.06 % |
| OPM % | 18.69 % | 16.2 % | 18.24 % | + 2.04 % | -0.45 % |
| Other Income | Rs. 1.413 Cr | Rs. 3.473 Cr | Rs. 3.947 Cr | + 13.65 % | + 179.33 % |
| Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 1.3 Cr | Rs. 1.68 Cr | Rs. 1.47 Cr | -12.5 % | + 13.08 % |
| Profit before tax | Rs. 22.5 Cr | Rs. 25.74 Cr | Rs. 32.72 Cr | + 27.12 % | + 45.42 % |
| Tax % | 23.12 % | 31 % | 32.63 % | + 1.63 % | + 9.51 % |
| Net Profit | Rs. 17.3 Cr | Rs. 17.76 Cr | Rs. 22.04 Cr | + 24.1 % | + 27.4 % |
| EPS in Rs | Rs. 1.59 | Rs. 1.66 | Rs. 2.06 | + 24.1 % | + 29.56 % |
Today, we’re looking at Goldiam International Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 38.43 %. However, it did see a marginal increase of 12.14 % from the previous quarter. Expenses ticked up slightly by 9.41 % quarter-on-quarter, aligning with the annual rise of 39.21 %. Operating profit, while up 35.06 % compared to last year, faced a quarter-on-quarter increase of 26.21 %, 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 -0.45 %, but an expansion of 2.04 % sequentially. Other income rose by 13.65 % compared to the last quarter, despite an annual growth of 179.33 %. Depreciation costs fell by -12.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.08 %. Profit before tax grew annually by 45.42 % but saw an increase from the preceding quarter by 27.12 %.
Tax expenses as a percentage of profits increased slightly by 9.51 % compared to last year, with a more notable quarter-on-quarter increase of 1.63 %. Net profit rose by 27.4 % year-on-year but experienced a 24.1 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 29.56 % but a quarterly rise of 24.1 %. In summary, Goldiam International Ltd.’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. 119.771 Cr | Rs. 147.859 Cr | Rs. 165.803 Cr | + 12.14 % | + 38.43 % |
| Expenses | Rs. 97.38 Cr | Rs. 123.9 Cr | Rs. 135.56 Cr | + 9.41 % | + 39.21 % |
| Operating Profit | Rs. 22.39 Cr | Rs. 23.96 Cr | Rs. 30.24 Cr | + 26.21 % | + 35.06 % |
| Net Profit | Rs. 17.3 Cr | Rs. 17.76 Cr | Rs. 22.04 Cr | + 24.1 % | + 27.4 % |
| EPS in Rs | Rs. 1.59 | Rs. 1.66 | Rs. 2.06 | + 24.1 % | + 29.56 % |
In reviewing Goldiam International Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 38.43 % year-on-year growth, however, there was a minor increase of 12.14 % from the previous quarter. Expenses rose by 39.21 % compared to the previous year, with a 9.41 % increase quarter-on-quarter. Operating Profit surged by 35.06 % annually, and saw a 26.21 % increase from the last quarter.
Net Profit showed yearly increase of 27.4 %, and experienced a 24.1 % increase from the previous quarter. Earnings Per Share (EPS) rose by 29.56 % annually, however rose by 24.1 % compared to the last quarter. In essence, while Goldiam International Ltd. 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.
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