Share the post "Indo Euro Indchem Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 166.34 % in YoY and increased by 630.47 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 166.34 % in the past year, substantial increase in net sales/revenue by 630.47 %.
- 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 76.92 %. Marginal increase in other income during this quarter, up by 155.56%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Indo Euro Indchem Limited. Profit dropped by -103.04 % Year to Year, Indo Euro Indchem Limited’s profitability increased by 240 % in this quarter.
- EPS over the Year and quarter: EPS declined by -102.63 % Year to Year. EPS increased by 100 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2.781 Cr | Rs. 1.014 Cr | Rs. 7.407 Cr | + 630.47 % | + 166.34 % |
Expenses | Rs. 3.67 Cr | Rs. 1 Cr | Rs. 7.59 Cr | + 659 % | + 106.81 % |
Operating Profit | Rs. -0.89 Cr | Rs. 0.01 Cr | Rs. -0.18 Cr | -1900 % | + 79.78 % |
OPM % | -32 % | 0.99 % | -2.43 % | -3.42 % | + 29.57 % |
Other Income | Rs. 0.13 Cr | Rs. 0.09 Cr | Rs. 0.23 Cr | + 155.56 % | + 76.92 % |
Interest | Rs. 0.01 Cr | Rs. 0.07 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | -50 % |
Profit before tax | Rs. -0.79 Cr | Rs. 0.01 Cr | Rs. 0.04 Cr | + 300 % | + 105.06 % |
Tax % | -28.66 % | 37.5 % | 51.43 % | + 13.93 % | + 80.09 % |
Net Profit | Rs. -0.56 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 103.57 % |
EPS in Rs | Rs. -0.76 | Rs. 0.01 | Rs. 0.02 | + 100 % | + 102.63 % |
Today, we’re looking at Indo Euro Indchem 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 166.34 %. However, it did see a marginal increase of 630.47 % from the previous quarter. Expenses ticked up slightly by 659 % quarter-on-quarter, aligning with the annual rise of 106.81 %. Operating profit, while up 79.78 % compared to last year, faced a quarter-on-quarter dip of -1900 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 29.57 %, but a shrinkage of -3.42 % sequentially. Other income rose by 155.56 % compared to the last quarter, despite an annual growth of 76.92 %. Depreciation costs fell by -50 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax grew annually by 105.06 % but saw an increase from the preceding quarter by 300 %.
Tax expenses as a percentage of profits increased slightly by 80.09 % compared to last year, with a more notable quarter-on-quarter increase of 13.93 %. Net profit rose by 103.57 % year-on-year but experienced a 100 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 102.63 % but a quarterly rise of 100 %. In summary, Indo Euro Indchem Limited’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. 2.781 Cr | Rs. 1.014 Cr | Rs. 7.407 Cr | + 630.47 % | + 166.34 % |
Expenses | Rs. 3.67 Cr | Rs. 1 Cr | Rs. 7.59 Cr | + 659 % | + 106.81 % |
Operating Profit | Rs. -0.89 Cr | Rs. 0.01 Cr | Rs. -0.18 Cr | -1900 % | + 79.78 % |
Net Profit | Rs. -0.56 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 103.57 % |
EPS in Rs | Rs. -0.76 | Rs. 0.01 | Rs. 0.02 | + 100 % | + 102.63 % |
In reviewing Indo Euro Indchem Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 166.34 % year-on-year growth, however, there was a minor increase of 630.47 % from the previous quarter. Expenses rose by 106.81 % compared to the previous year, with a 659 % increase quarter-on-quarter. Operating Profit surged by 79.78 % annually, and saw a -1900 % decrease from the last quarter.
Net Profit showed yearly increase of 103.57 %, and experienced a 100 % increase from the previous quarter. Earnings Per Share (EPS) rose by 102.63 % annually, however rose by 100 % compared to the last quarter. In essence, while Indo Euro Indchem 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.