Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 37.52 % in the past year, substantial increase in net sales/revenue by 5.13 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -26.94 %, Marginal increase in other income during this quarter, up by 6.37%.
- Profit over the Year and quarter: Significant improvement in profitability for Krsnaa Diagnostics Limited. Notable increase of 55.96 % in net profit Year to Year, Krsnaa Diagnostics Limited’s profitability increased by 35.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 51.60 % Year to Year. EPS increased by 33.18 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 115.859 Cr | Rs. 151.552 Cr | Rs. 159.331 Cr | + 5.13 % | + 37.52 % |
| Expenses | Rs. 90.77 Cr | Rs. 113.39 Cr | Rs. 116.05 Cr | + 2.35 % | + 27.85 % |
| Operating Profit | Rs. 25.09 Cr | Rs. 38.16 Cr | Rs. 43.28 Cr | + 13.42 % | + 72.5 % |
| OPM % | 21.66 % | 25.18 % | 27.16 % | + 1.98 % | + 5.5 % |
| Other Income | Rs. 5.94 Cr | Rs. 4.08 Cr | Rs. 4.34 Cr | + 6.37 % | -26.94 % |
| Interest | Rs. 2.23 Cr | Rs. 4.14 Cr | Rs. 7.32 Cr | + 76.81 % | + 228.25 % |
| Depreciation | Rs. 14.6 Cr | Rs. 21.23 Cr | Rs. 18.12 Cr | -14.65 % | + 24.11 % |
| Profit before tax | Rs. 14.2 Cr | Rs. 16.87 Cr | Rs. 22.18 Cr | + 31.48 % | + 56.2 % |
| Tax % | 16.86 % | 19.46 % | 16.97 % | -2.49 % | + 0.11 % |
| Net Profit | Rs. 11.81 Cr | Rs. 13.59 Cr | Rs. 18.42 Cr | + 35.54 % | + 55.97 % |
| EPS in Rs | Rs. 3.76 | Rs. 4.28 | Rs. 5.7 | + 33.18 % | + 51.6 % |
Today, we’re looking at Krsnaa Diagnostics 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 37.52 %. However, it did see a marginal increase of 5.13 % from the previous quarter. Expenses ticked up slightly by 2.35 % quarter-on-quarter, aligning with the annual rise of 27.85 %. Operating profit, while up 72.5 % compared to last year, faced a quarter-on-quarter increase of 13.42 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.5 %, but an expansion of 1.98 % sequentially. Other income rose by 6.37 % compared to the last quarter, despite an annual decline of -26.94 %. Interest expenses surged remarkably by 76.81 % from the previous quarter, yet the year-over-year increase remains at a moderate 228.25 %. Depreciation costs fell by -14.65 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.11 %. Profit before tax grew annually by 56.2 % but saw an increase from the preceding quarter by 31.48 %.
Tax expenses as a percentage of profits increased slightly by 0.11 % compared to last year, with a more notable quarter-on-quarter decrease of -2.49 %. Net profit rose by 55.97 % year-on-year but experienced a 35.54 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 51.6 % but a quarterly rise of 33.18 %. In summary, Krsnaa Diagnostics 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. 115.859 Cr | Rs. 151.552 Cr | Rs. 159.331 Cr | + 5.13 % | + 37.52 % |
| Expenses | Rs. 90.77 Cr | Rs. 113.39 Cr | Rs. 116.05 Cr | + 2.35 % | + 27.85 % |
| Operating Profit | Rs. 25.09 Cr | Rs. 38.16 Cr | Rs. 43.28 Cr | + 13.42 % | + 72.5 % |
| Net Profit | Rs. 11.81 Cr | Rs. 13.59 Cr | Rs. 18.42 Cr | + 35.54 % | + 55.97 % |
| EPS in Rs | Rs. 3.76 | Rs. 4.28 | Rs. 5.7 | + 33.18 % | + 51.6 % |
In reviewing Krsnaa Diagnostics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 37.52 % year-on-year growth, however, there was a minor increase of 5.13 % from the previous quarter. Expenses rose by 27.85 % compared to the previous year, with a 2.35 % increase quarter-on-quarter. Operating Profit surged by 72.5 % annually, and saw a 13.42 % increase from the last quarter.
Net Profit showed yearly increase of 55.97 %, and experienced a 35.54 % increase from the previous quarter. Earnings Per Share (EPS) rose by 51.6 % annually, however rose by 33.18 % compared to the last quarter. In essence, while Krsnaa Diagnostics 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.
