GRAVITA INDIA LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by (15.29) % in YoY and increased by 13.94 % in QoQ

The comprehensive analytics outlining the performance and outlook of GRAVITA 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.

Today, we’re looking at GRAVITA 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 15.29 %. However, it did see a marginal increase of 13.94 % from the previous quarter. Expenses ticked up slightly by 16.8 % quarter-on-quarter, aligning with the annual rise of 15.42 %. Operating profit, while up 13.8 % compared to last year, faced a quarter-on-quarter dip of -10.19 %, 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 -0.11 %, but a shrinkage of -2.24 % sequentially. Other income rose by 61.2 % compared to the last quarter, despite an annual growth of 7.61 %. Interest expenses dropped significantly by -5 % from the previous quarter, yet the year-over-year increase remains at a moderate 25.38 %. Depreciation costs climbed by 38.36 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 80.35 %. Profit before tax grew annually by 3.51 % but saw a reduction from the preceding quarter by -2.1 %.
Tax expenses as a percentage of profits decreased slightly by -4.4 % compared to last year, with a more notable quarter-on-quarter decrease of -12.79 %. Net profit rose by 8.49 % year-on-year but experienced a 12.93 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.2 % but a quarterly rise of 13.5 %. In summary, GRAVITA INDIA LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing GRAVITA INDIA LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.29 % year-on-year growth, however, there was a minor increase of 13.94 % from the previous quarter. Expenses rose by 15.42 % compared to the previous year, with a 16.8 % increase quarter-on-quarter. Operating Profit surged by 13.8 % annually, and saw a -10.19 % decrease from the last quarter.
Net Profit showed yearly increase of 8.49 %, and experienced a 12.93 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5.2 % annually, however rose by 13.5 % compared to the last quarter. In essence, while GRAVITA 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.