Share the post "Inertia Steel : Q4 2024 Financial Quarterly Report : YoY Sales Up 24.42 %, QoQ Up 9.18 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 24.42 % in the past year, substantial increase in net sales/revenue by 9.18 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Significant improvement in profitability for Inertia Steel Limited. Notable increase of 300 % in net profit Year to Year, Inertia Steel Limited’s profitability dropped by -57.89 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 266.67 % Year to Year. EPS decreased by -57.14 % 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. 0.086 Cr | Rs. 0.098 Cr | Rs. 0.107 Cr | + 9.18 % | + 24.42 % |
| Expenses | Rs. 0.09 Cr | Rs. 0.12 Cr | Rs. 0.11 Cr | -8.33 % | + 22.22 % |
| Operating Profit | Rs. -0 Cr | Rs. -0.02 Cr | Rs. -0 Cr | 0 % | 0 % |
| OPM % | -0 % | -20.41 % | -0 % | + 20.41 % | 0 % |
| Other Income | Rs. 0 Cr | Rs. -0 Cr | Rs. -0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0 Cr | Rs. -0.02 Cr | Rs. -0 Cr | 0 % | 0 % |
| Tax % | -33.33 % | -20 % | -80 % | -60 % | -46.67 % |
| Net Profit | Rs. -0 Cr | Rs. -0.02 Cr | Rs. -0.01 Cr | + 50 % | 0 % |
| EPS in Rs | Rs. -0.09 | Rs. -0.77 | Rs. -0.33 | + 57.14 % | -266.67 % |
Today, we’re looking at Inertia Steel 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 24.42 %. However, it did see a marginal increase of 9.18 % from the previous quarter. Expenses decreased slightly by -8.33 % quarter-on-quarter, aligning with the annual rise of 22.22 %.
but an expansion of 20.41 % sequentially.
Tax expenses as a percentage of profits decreased slightly by -46.67 % compared to last year, with a more notable quarter-on-quarter decrease of -60 %. but experienced a 50 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -266.67 % but a quarterly rise of 57.14 %. In summary, Inertia Steel 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. 0.086 Cr | Rs. 0.098 Cr | Rs. 0.107 Cr | + 9.18 % | + 24.42 % |
| Expenses | Rs. 0.09 Cr | Rs. 0.12 Cr | Rs. 0.11 Cr | -8.33 % | + 22.22 % |
| Operating Profit | Rs. -0 Cr | Rs. -0.02 Cr | Rs. -0 Cr | 0 % | 0 % |
| Net Profit | Rs. -0 Cr | Rs. -0.02 Cr | Rs. -0.01 Cr | + 50 % | 0 % |
| EPS in Rs | Rs. -0.09 | Rs. -0.77 | Rs. -0.33 | + 57.14 % | -266.67 % |
In reviewing Inertia Steel Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 24.42 % year-on-year growth, however, there was a minor increase of 9.18 % from the previous quarter. Expenses rose by 22.22 % compared to the previous year, with a decrease of -8.33 % quarter-on-quarter.
and experienced a 50 % increase from the previous quarter. Earnings Per Share (EPS) fell by -266.67 % annually, however rose by 57.14 % compared to the last quarter. In essence, while Inertia Steel Limited 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.
