Share the post "Ksolves India Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 33.86 % in YoY and increased by 7.13 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 33.86 % in the past year, substantial increase in net sales/revenue by 7.13 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -88.37 %, Marginal decrease of -61.54% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ksolves India Limited. Notable increase of 28.18 % in net profit Year to Year, Ksolves India Limited’s profitability increased by 5.23 % in this quarter.
- EPS over the Year and quarter: EPS increased by 28.11 % Year to Year. EPS increased by 5.17 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 22.745 Cr | Rs. 28.419 Cr | Rs. 30.446 Cr | + 7.13 % | + 33.86 % |
Expenses | Rs. 13.46 Cr | Rs. 16.4 Cr | Rs. 17.5 Cr | + 6.71 % | + 30.01 % |
Operating Profit | Rs. 9.29 Cr | Rs. 12.02 Cr | Rs. 12.95 Cr | + 7.74 % | + 39.4 % |
OPM % | 40.84 % | 42.3 % | 42.53 % | + 0.23 % | + 1.69 % |
Other Income | Rs. 0.43 Cr | Rs. 0.13 Cr | Rs. 0.05 Cr | -61.54 % | -88.37 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.13 Cr | Rs. 0.26 Cr | Rs. 0.28 Cr | + 7.69 % | + 115.38 % |
Profit before tax | Rs. 9.59 Cr | Rs. 11.89 Cr | Rs. 12.72 Cr | + 6.98 % | + 32.64 % |
Tax % | 23.45 % | 24.78 % | 26.04 % | + 1.26 % | + 2.59 % |
Net Profit | Rs. 7.34 Cr | Rs. 8.94 Cr | Rs. 9.4 Cr | + 5.15 % | + 28.07 % |
EPS in Rs | Rs. 6.19 | Rs. 7.54 | Rs. 7.93 | + 5.17 % | + 28.11 % |
Today, we’re looking at Ksolves 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 33.86 %. However, it did see a marginal increase of 7.13 % from the previous quarter. Expenses ticked up slightly by 6.71 % quarter-on-quarter, aligning with the annual rise of 30.01 %. Operating profit, while up 39.4 % compared to last year, faced a quarter-on-quarter increase of 7.74 %, 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 1.69 %, but an expansion of 0.23 % sequentially. Other income fell by -61.54 % compared to the last quarter, despite an annual decline of -88.37 %. Interest expenses surged remarkably by 2.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.28 %. Depreciation costs climbed by 7.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 115.38 %. Profit before tax grew annually by 32.64 % but saw an increase from the preceding quarter by 6.98 %.
Tax expenses as a percentage of profits increased slightly by 2.59 % compared to last year, with a more notable quarter-on-quarter increase of 1.26 %. Net profit rose by 28.07 % year-on-year but experienced a 5.15 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 28.11 % but a quarterly rise of 5.17 %. In summary, Ksolves India 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. 22.745 Cr | Rs. 28.419 Cr | Rs. 30.446 Cr | + 7.13 % | + 33.86 % |
Expenses | Rs. 13.46 Cr | Rs. 16.4 Cr | Rs. 17.5 Cr | + 6.71 % | + 30.01 % |
Operating Profit | Rs. 9.29 Cr | Rs. 12.02 Cr | Rs. 12.95 Cr | + 7.74 % | + 39.4 % |
Net Profit | Rs. 7.34 Cr | Rs. 8.94 Cr | Rs. 9.4 Cr | + 5.15 % | + 28.07 % |
EPS in Rs | Rs. 6.19 | Rs. 7.54 | Rs. 7.93 | + 5.17 % | + 28.11 % |
In reviewing Ksolves India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.86 % year-on-year growth, however, there was a minor increase of 7.13 % from the previous quarter. Expenses rose by 30.01 % compared to the previous year, with a 6.71 % increase quarter-on-quarter. Operating Profit surged by 39.4 % annually, and saw a 7.74 % increase from the last quarter.
Net Profit showed yearly increase of 28.07 %, and experienced a 5.15 % increase from the previous quarter. Earnings Per Share (EPS) rose by 28.11 % annually, however rose by 5.17 % compared to the last quarter. In essence, while Ksolves 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.