Graphite India Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 11.66 % in YoY and increased by 4.35 % in QoQ

The comprehensive analytics outlining the performance and outlook of Graphite India Ltd.”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.

Today, we’re looking at Graphite India Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -11.66 %. However, it did see a marginal increase of 4.35 % from the previous quarter. Expenses ticked up slightly by 3.84 % quarter-on-quarter, aligning with the annual decline of -3.05 %. Operating profit, while down -116.13 % compared to last year, faced a quarter-on-quarter increase of 23.08 %, 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 -9 %, but an expansion of 0.49 % sequentially. Other income rose by 14.29 % compared to the last quarter, despite an annual growth of 1340 %. Interest expenses dropped significantly by -25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -25 %. Depreciation costs climbed by 4.76 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 46.67 %. Profit before tax declined annually by -22.92 % but saw an increase from the preceding quarter by 48 %.
Tax expenses as a percentage of profits increased slightly by 17.18 % compared to last year, with a more notable quarter-on-quarter increase of 24.76 %. Net profit fell by -44.83 % year-on-year but witnessed a -5.88 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -49.37 % but a quarterly fall of -19.19 %. In summary, Graphite India Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Graphite India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.66 % year-on-year, however, there was a minor increase of 4.35 % from the previous quarter. Expenses decreased by -3.05 % compared to the previous year, with a 3.84 % increase quarter-on-quarter. Operating Profit dropped by -116.13 % annually, and saw a 23.08 % increase from the last quarter.
Net Profit showed yearly decrease of -44.83 %, and experienced a -5.88 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -49.37 % annually, however dipped by -19.19 % compared to the last quarter. In essence, while Graphite India Ltd. faces strong annual decline 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.