Share the post "Gothi Plascon (India) Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 0.76 % in YoY and decreased by 11.28 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.76 % in the past year, decrease in net sales/revenue by -11.28 %.
- 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 272.31 %.
- Profit over the Year and quarter: Significant improvement in profitability for Gothi Plascon (India) Ltd.. Notable increase of 14 % in net profit Year to Year, Gothi Plascon (India) Ltd.’s profitability dropped by -147.5 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 15.00 % Year to Year. EPS decreased by -148.94 % 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. 1.046 Cr | Rs. 1.188 Cr | Rs. 1.054 Cr | -11.28 % | + 0.76 % |
Expenses | Rs. 0.57 Cr | Rs. 0.62 Cr | Rs. 0.74 Cr | + 19.35 % | + 29.82 % |
Operating Profit | Rs. 0.48 Cr | Rs. 0.57 Cr | Rs. 0.31 Cr | -45.61 % | -35.42 % |
OPM % | 45.89 % | 47.98 % | 29.41 % | -18.57 % | -16.48 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. -0 Cr | + 0 % | + 0 % |
Interest | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | + 0 % |
Depreciation | Rs. 0.09 Cr | Rs. 0.09 Cr | Rs. 0.09 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.36 Cr | Rs. 0.48 Cr | Rs. 0.22 Cr | -54.17 % | -38.89 % |
Tax % | 155.87 % | 0 % | 200.44 % | + 200.44 % | + 44.57 % |
Net Profit | Rs. -0.2 Cr | Rs. 0.48 Cr | Rs. -0.23 Cr | -147.92 % | -15 % |
EPS in Rs | Rs. -0.2 | Rs. 0.47 | Rs. -0.23 | -148.94 % | -15 % |
Today, we’re looking at Gothi Plascon (India) 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 0.76 %. However, it did see a marginal slip of -11.28 % from the previous quarter. Expenses ticked up slightly by 19.35 % quarter-on-quarter, aligning with the annual rise of 29.82 %. Operating profit, while down -35.42 % compared to last year, faced a quarter-on-quarter dip of -45.61 %, 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 -16.48 %, but a shrinkage of -18.57 % sequentially. Other income rose by 10.34 % compared to the last quarter, despite an annual growth of 272.31 %. Interest expenses dropped significantly by -10.81 % from the previous quarter, yet the year-over-year increase remains at a moderate 10 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -38.89 % but saw a reduction from the preceding quarter by -54.17 %.
Tax expenses as a percentage of profits increased slightly by 44.57 % compared to last year, with a more notable quarter-on-quarter increase of 200.44 %. Net profit fell by -15 % year-on-year but witnessed a -147.92 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -15 % but a quarterly fall of -148.94 %. In summary, Gothi Plascon (India) 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. 1.046 Cr | Rs. 1.188 Cr | Rs. 1.054 Cr | -11.28 % | + 0.76 % |
Expenses | Rs. 0.57 Cr | Rs. 0.62 Cr | Rs. 0.74 Cr | + 19.35 % | + 29.82 % |
Operating Profit | Rs. 0.48 Cr | Rs. 0.57 Cr | Rs. 0.31 Cr | -45.61 % | -35.42 % |
Net Profit | Rs. -0.2 Cr | Rs. 0.48 Cr | Rs. -0.23 Cr | -147.92 % | -15 % |
EPS in Rs | Rs. -0.2 | Rs. 0.47 | Rs. -0.23 | -148.94 % | -15 % |
In reviewing Gothi Plascon (India) Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.76 % year-on-year growth, although there was a slight dip of -11.28 % from the previous quarter. Expenses rose by 29.82 % compared to the previous year, with a 19.35 % increase quarter-on-quarter. Operating Profit dropped by -35.42 % annually, and saw a -45.61 % decrease from the last quarter.
Net Profit showed yearly decrease of -15 %, and experienced a -147.92 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -15 % annually, however dipped by -148.94 % compared to the last quarter. In essence, while Gothi Plascon (India) Ltd. 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.