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Goodluck India : Q4 2024 Financial Quarterly Report : YoY Sales Up 18.04 %, QoQ Up 2.76 %

June 13, 2024June 13, 2024| adminadmin| 0 Comments| 5:30 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 18.04 % in the past year, substantial increase in net sales/revenue by 2.76 %.
  • 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 258.44 %. Marginal increase in other income during this quarter, up by 496.58%.
  • Profit over the Year and quarter: Significant improvement in profitability for Goodluck India Limited. Notable increase of 33.1 % in net profit Year to Year, Goodluck India Limited’s profitability increased by 17.15 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 14.11 % Year to Year. EPS increased by 3.78 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Goodluck India Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 764.547 Cr Rs. 878.272 Cr Rs. 902.491 Cr + 2.76 % + 18.04 %
Expenses Rs. 706.66 Cr Rs. 804.03 Cr Rs. 836.24 Cr + 4.01 % + 18.34 %
Operating Profit Rs. 57.89 Cr Rs. 74.24 Cr Rs. 66.25 Cr -10.76 % + 14.44 %
OPM % 7.57 % 8.45 % 7.34 % -1.11 % -0.23 %
Other Income Rs. 2.43 Cr Rs. 1.46 Cr Rs. 8.71 Cr + 496.58 % + 258.44 %
Interest Rs. 15.28 Cr Rs. 21.08 Cr Rs. 15.29 Cr -27.47 % + 0.07 %
Depreciation Rs. 8.59 Cr Rs. 8.54 Cr Rs. 9.4 Cr + 10.07 % + 9.43 %
Profit before tax Rs. 36.45 Cr Rs. 46.08 Cr Rs. 50.27 Cr + 9.09 % + 37.91 %
Tax % 23.28 % 31.05 % 25.95 % -5.1 % + 2.67 %
Net Profit Rs. 27.96 Cr Rs. 31.77 Cr Rs. 37.22 Cr + 17.15 % + 33.12 %
EPS in Rs Rs. 10.35 Rs. 11.38 Rs. 11.81 + 3.78 % + 14.11 %


Today, we’re looking at Goodluck India 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 18.04 %. However, it did see a marginal increase of 2.76 % from the previous quarter. Expenses ticked up slightly by 4.01 % quarter-on-quarter, aligning with the annual rise of 18.34 %. Operating profit, while up 14.44 % compared to last year, faced a quarter-on-quarter dip of -10.76 %, 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 -0.23 %, but a shrinkage of -1.11 % sequentially. Other income rose by 496.58 % compared to the last quarter, despite an annual growth of 258.44 %. Interest expenses dropped significantly by -27.47 % from the previous quarter, yet the year-over-year increase remains at a moderate 0.07 %. Depreciation costs climbed by 10.07 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.43 %. Profit before tax grew annually by 37.91 % but saw an increase from the preceding quarter by 9.09 %.
Tax expenses as a percentage of profits increased slightly by 2.67 % compared to last year, with a more notable quarter-on-quarter decrease of -5.1 %. Net profit rose by 33.12 % year-on-year but experienced a 17.15 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 14.11 % but a quarterly rise of 3.78 %. In summary, Goodluck India 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. 764.547 Cr Rs. 878.272 Cr Rs. 902.491 Cr + 2.76 % + 18.04 %
Expenses Rs. 706.66 Cr Rs. 804.03 Cr Rs. 836.24 Cr + 4.01 % + 18.34 %
Operating Profit Rs. 57.89 Cr Rs. 74.24 Cr Rs. 66.25 Cr -10.76 % + 14.44 %
Net Profit Rs. 27.96 Cr Rs. 31.77 Cr Rs. 37.22 Cr + 17.15 % + 33.12 %
EPS in Rs Rs. 10.35 Rs. 11.38 Rs. 11.81 + 3.78 % + 14.11 %


In reviewing Goodluck India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.04 % year-on-year growth, however, there was a minor increase of 2.76 % from the previous quarter. Expenses rose by 18.34 % compared to the previous year, with a 4.01 % increase quarter-on-quarter. Operating Profit surged by 14.44 % annually, and saw a -10.76 % decrease from the last quarter.
Net Profit showed yearly increase of 33.12 %, and experienced a 17.15 % increase from the previous quarter. Earnings Per Share (EPS) rose by 14.11 % annually, however rose by 3.78 % compared to the last quarter. In essence, while Goodluck India 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.

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