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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 46.05 % in the past year, substantial increase in net sales/revenue by 8 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -83.33 %, Marginal decrease of -58.82% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Gorani Industries Ltd.. Profit dropped by -194.65 % Year to Year, Gorani Industries Ltd.’s profitability increased by 1227.27 % in this quarter.
- EPS over the Year and quarter: EPS declined by -194.78 % Year to Year. EPS increased by 1262.5 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 7.943 Cr | Rs. 10.742 Cr | Rs. 11.601 Cr | + 8 % | + 46.05 % |
Expenses | Rs. 8.86 Cr | Rs. 10.5 Cr | Rs. 10.55 Cr | + 0.48 % | + 19.07 % |
Operating Profit | Rs. -0.92 Cr | Rs. 0.24 Cr | Rs. 1.05 Cr | + 337.5 % | + 214.13 % |
OPM % | -11.58 % | 2.23 % | 9.05 % | + 6.82 % | + 20.63 % |
Other Income | Rs. 0.42 Cr | Rs. 0.17 Cr | Rs. 0.07 Cr | -58.82 % | -83.33 % |
Interest | Rs. 0.24 Cr | Rs. 0.25 Cr | Rs. 0.29 Cr | + 16 % | + 20.83 % |
Depreciation | Rs. 0.1 Cr | Rs. 0.1 Cr | Rs. 0.1 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.84 Cr | Rs. 0.06 Cr | Rs. 0.73 Cr | + 1116.67 % | + 186.9 % |
Tax % | -26.55 % | 25.86 % | 20.22 % | -5.64 % | + 46.77 % |
Net Profit | Rs. -0.62 Cr | Rs. 0.04 Cr | Rs. 0.58 Cr | + 1350 % | + 193.55 % |
EPS in Rs | Rs. -1.15 | Rs. 0.08 | Rs. 1.09 | + 1262.5 % | + 194.78 % |
Today, we’re looking at Gorani Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 46.05 %. However, it did see a marginal increase of 8 % from the previous quarter. Expenses ticked up slightly by 0.48 % quarter-on-quarter, aligning with the annual rise of 19.07 %. Operating profit, while up 214.13 % compared to last year, faced a quarter-on-quarter increase of 337.5 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 20.63 %, but an expansion of 6.82 % sequentially. Other income fell by -58.82 % compared to the last quarter, despite an annual decline of -83.33 %. Interest expenses surged remarkably by 16 % from the previous quarter, yet the year-over-year increase remains at a moderate 20.83 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 186.9 % but saw an increase from the preceding quarter by 1116.67 %.
Tax expenses as a percentage of profits increased slightly by 46.77 % compared to last year, with a more notable quarter-on-quarter decrease of -5.64 %. Net profit rose by 193.55 % year-on-year but experienced a 1350 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 194.78 % but a quarterly rise of 1262.5 %. In summary, Gorani Industries 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. 7.943 Cr | Rs. 10.742 Cr | Rs. 11.601 Cr | + 8 % | + 46.05 % |
Expenses | Rs. 8.86 Cr | Rs. 10.5 Cr | Rs. 10.55 Cr | + 0.48 % | + 19.07 % |
Operating Profit | Rs. -0.92 Cr | Rs. 0.24 Cr | Rs. 1.05 Cr | + 337.5 % | + 214.13 % |
Net Profit | Rs. -0.62 Cr | Rs. 0.04 Cr | Rs. 0.58 Cr | + 1350 % | + 193.55 % |
EPS in Rs | Rs. -1.15 | Rs. 0.08 | Rs. 1.09 | + 1262.5 % | + 194.78 % |
In reviewing Gorani Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 46.05 % year-on-year growth, however, there was a minor increase of 8 % from the previous quarter. Expenses rose by 19.07 % compared to the previous year, with a 0.48 % increase quarter-on-quarter. Operating Profit surged by 214.13 % annually, and saw a 337.5 % increase from the last quarter.
Net Profit showed yearly increase of 193.55 %, and experienced a 1350 % increase from the previous quarter. Earnings Per Share (EPS) rose by 194.78 % annually, however rose by 1262.5 % compared to the last quarter. In essence, while Gorani Industries 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.