Highlights
- Sales over the Year and quarter: The company’s sales declined by -10.7 % over the year, decrease in net sales/revenue by -31.92 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -84.97 %, Marginal increase in other income during this quarter, up by 228.57%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Karma Energy Limited. Profit dropped by -140.76 % Year to Year, Karma Energy Limited’s profitability increased by 75.2 % in this quarter.
- EPS over the Year and quarter: EPS declined by -140.65 % Year to Year. EPS increased by 74.42 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.149 Cr | Rs. 1.507 Cr | Rs. 1.026 Cr | -31.92 % | -10.7 % |
| Expenses | Rs. 2.55 Cr | Rs. 2.23 Cr | Rs. 3.49 Cr | + 56.5 % | + 36.86 % |
| Operating Profit | Rs. -1.4 Cr | Rs. -0.72 Cr | Rs. -2.46 Cr | -241.67 % | -75.71 % |
| OPM % | -121.85 % | -47.78 % | -239.77 % | -191.99 % | -117.92 % |
| Other Income | Rs. 4.59 Cr | Rs. 0.21 Cr | Rs. 0.69 Cr | + 228.57 % | -84.97 % |
| Interest | Rs. 0.04 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | -25 % |
| Depreciation | Rs. 1.19 Cr | Rs. 0.75 Cr | Rs. 0.7 Cr | -6.67 % | -41.18 % |
| Profit before tax | Rs. 1.96 Cr | Rs. -1.29 Cr | Rs. -2.5 Cr | -93.8 % | -227.55 % |
| Tax % | 36.1 % | -23.4 % | -30.77 % | -7.37 % | -66.87 % |
| Net Profit | Rs. 4.26 Cr | Rs. -0.99 Cr | Rs. -1.74 Cr | -75.76 % | -140.85 % |
| EPS in Rs | Rs. 3.69 | Rs. -0.86 | Rs. -1.5 | -74.42 % | -140.65 % |
Today, we’re looking at Karma Energy Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -10.7 %. However, it did see a marginal slip of -31.92 % from the previous quarter. Expenses ticked up slightly by 56.5 % quarter-on-quarter, aligning with the annual rise of 36.86 %. Operating profit, while down -75.71 % compared to last year, faced a quarter-on-quarter dip of -241.67 %, 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 -117.92 %, but a shrinkage of -191.99 % sequentially. Other income rose by 228.57 % compared to the last quarter, despite an annual decline of -84.97 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -25 %. Depreciation costs fell by -6.67 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -41.18 %. Profit before tax declined annually by -227.55 % but saw a reduction from the preceding quarter by -93.8 %.
Tax expenses as a percentage of profits decreased slightly by -66.87 % compared to last year, with a more notable quarter-on-quarter decrease of -7.37 %. Net profit fell by -140.85 % year-on-year but witnessed a -75.76 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -140.65 % but a quarterly fall of -74.42 %. In summary, Karma Energy 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. 1.149 Cr | Rs. 1.507 Cr | Rs. 1.026 Cr | -31.92 % | -10.7 % |
| Expenses | Rs. 2.55 Cr | Rs. 2.23 Cr | Rs. 3.49 Cr | + 56.5 % | + 36.86 % |
| Operating Profit | Rs. -1.4 Cr | Rs. -0.72 Cr | Rs. -2.46 Cr | -241.67 % | -75.71 % |
| Net Profit | Rs. 4.26 Cr | Rs. -0.99 Cr | Rs. -1.74 Cr | -75.76 % | -140.85 % |
| EPS in Rs | Rs. 3.69 | Rs. -0.86 | Rs. -1.5 | -74.42 % | -140.65 % |
In reviewing Karma Energy Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.7 % year-on-year, although there was a slight dip of -31.92 % from the previous quarter. Expenses rose by 36.86 % compared to the previous year, with a 56.5 % increase quarter-on-quarter. Operating Profit dropped by -75.71 % annually, and saw a -241.67 % decrease from the last quarter.
Net Profit showed yearly decrease of -140.85 %, and experienced a -75.76 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -140.65 % annually, however dipped by -74.42 % compared to the last quarter. In essence, while Karma Energy Limited 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.
