Share the post "Gopal Iron & Steels Co(Gujarat) Lt : Q4 2024 Financial Quarterly Report : YoY Sales Down 58.12 %, QoQ Down 74.37 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -58.12 % over the year, decrease in net sales/revenue by -74.37 %.
- 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 400 %.
- Profit over the Year and quarter:
- EPS over the Year and quarter:
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.702 Cr | Rs. 1.147 Cr | Rs. 0.294 Cr | -74.37 % | -58.12 % |
| Expenses | Rs. 0.71 Cr | Rs. 1.14 Cr | Rs. 0.35 Cr | -69.3 % | -50.7 % |
| Operating Profit | Rs. -0.01 Cr | Rs. 0.01 Cr | Rs. -0.06 Cr | -700 % | -500 % |
| OPM % | -1.42 % | 0.87 % | -20.41 % | -21.28 % | -18.99 % |
| Other Income | Rs. 0.01 Cr | Rs. -0 Cr | Rs. 0.05 Cr | 0 % | + 400 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0 Cr | Rs. 0.01 Cr | Rs. -0.01 Cr | -200 % | 0 % |
| Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| EPS in Rs | Rs. 0 | Rs. 0.01 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Gopal Iron & Steels Co.(Gujarat) Lt’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -58.12 %. However, it did see a marginal slip of -74.37 % from the previous quarter. Expenses decreased slightly by -69.3 % quarter-on-quarter, aligning with the annual decline of -50.7 %. Operating profit, while down -500 % compared to last year, faced a quarter-on-quarter dip of -700 %, 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 -18.99 %, but a shrinkage of -21.28 % sequentially. despite an annual growth of 400 %. but saw a reduction from the preceding quarter by -200 %.
In summary, Gopal Iron & Steels Co.(Gujarat) Lt’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. 0.702 Cr | Rs. 1.147 Cr | Rs. 0.294 Cr | -74.37 % | -58.12 % |
| Expenses | Rs. 0.71 Cr | Rs. 1.14 Cr | Rs. 0.35 Cr | -69.3 % | -50.7 % |
| Operating Profit | Rs. -0.01 Cr | Rs. 0.01 Cr | Rs. -0.06 Cr | -700 % | -500 % |
| Net Profit | Rs. -0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| EPS in Rs | Rs. 0 | Rs. 0.01 | Rs. 0 | 0 % | 0 % |
In reviewing Gopal Iron & Steels Co.(Gujarat) Lt’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -58.12 % year-on-year, although there was a slight dip of -74.37 % from the previous quarter. Expenses decreased by -50.7 % compared to the previous year, with a decrease of -69.3 % quarter-on-quarter. Operating Profit dropped by -500 % annually, and saw a -700 % decrease from the last quarter.
In essence, while Gopal Iron & Steels Co.(Gujarat) Lt 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.
