Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 4.52 % in the past year, substantial increase in net sales/revenue by 24.62 %.
- 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 238.27 %. Marginal increase in other income during this quarter, up by 36.36%.
- Profit over the Year and quarter: Significant improvement in profitability for Nazara Technologies Limited. Notable increase of 777.92 % in net profit Year to Year, Nazara Technologies Limited’s profitability dropped by -1922.66 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 674.32 % Year to Year. EPS decreased by -1916.67 % 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. 6.2 Cr | Rs. 5.2 Cr | Rs. 6.48 Cr | + 24.62 % | + 4.52 % |
| Expenses | Rs. 22.1 Cr | Rs. 10.49 Cr | Rs. 125.28 Cr | + 1094.28 % | + 466.88 % |
| Operating Profit | Rs. -15.9 Cr | Rs. -5.29 Cr | Rs. -118.8 Cr | -2145.75 % | -647.17 % |
| OPM % | -256.45 % | -101.73 % | -1833.33 % | -1731.6 % | -1576.88 % |
| Other Income | Rs. 5.2 Cr | Rs. 12.9 Cr | Rs. 17.59 Cr | + 36.36 % | + 238.27 % |
| Interest | Rs. 0 Cr | Rs. 0.32 Cr | Rs. 0.16 Cr | -50 % | 0 % |
| Depreciation | Rs. 0.6 Cr | Rs. 0.68 Cr | Rs. 0.6 Cr | -11.76 % | + 0 % |
| Profit before tax | Rs. -11.3 Cr | Rs. 6.61 Cr | Rs. -101.97 Cr | -1642.66 % | -802.39 % |
| Tax % | -6.19 % | 12.56 % | -3.31 % | -15.87 % | + 2.88 % |
| Net Profit | Rs. -12 Cr | Rs. 5.78 Cr | Rs. -105.35 Cr | -1922.66 % | -777.92 % |
| EPS in Rs | Rs. -1.83 | Rs. 0.78 | Rs. -14.17 | -1916.67 % | -674.32 % |
Today, we’re looking at Nazara Technologies 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 4.52 %. However, it did see a marginal increase of 24.62 % from the previous quarter. Expenses ticked up slightly by 1094.28 % quarter-on-quarter, aligning with the annual rise of 466.88 %. Operating profit, while down -647.17 % compared to last year, faced a quarter-on-quarter dip of -2145.75 %, 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 -1576.88 %, but a shrinkage of -1731.6 % sequentially. Other income rose by 36.36 % compared to the last quarter, despite an annual growth of 238.27 %. Interest expenses dropped significantly by -50 % from the previous quarter, Depreciation costs fell by -11.76 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -802.39 % but saw a reduction from the preceding quarter by -1642.66 %.
Tax expenses as a percentage of profits increased slightly by 2.88 % compared to last year, with a more notable quarter-on-quarter decrease of -15.87 %. Net profit fell by -777.92 % year-on-year but witnessed a -1922.66 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -674.32 % but a quarterly fall of -1916.67 %. In summary, Nazara Technologies 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. 6.2 Cr | Rs. 5.2 Cr | Rs. 6.48 Cr | + 24.62 % | + 4.52 % |
| Expenses | Rs. 22.1 Cr | Rs. 10.49 Cr | Rs. 125.28 Cr | + 1094.28 % | + 466.88 % |
| Operating Profit | Rs. -15.9 Cr | Rs. -5.29 Cr | Rs. -118.8 Cr | -2145.75 % | -647.17 % |
| Net Profit | Rs. -12 Cr | Rs. 5.78 Cr | Rs. -105.35 Cr | -1922.66 % | -777.92 % |
| EPS in Rs | Rs. -1.83 | Rs. 0.78 | Rs. -14.17 | -1916.67 % | -674.32 % |
In reviewing Nazara Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.52 % year-on-year growth, however, there was a minor increase of 24.62 % from the previous quarter. Expenses rose by 466.88 % compared to the previous year, with a 1094.28 % increase quarter-on-quarter. Operating Profit dropped by -647.17 % annually, and saw a -2145.75 % decrease from the last quarter.
Net Profit showed yearly decrease of -777.92 %, and experienced a -1922.66 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -674.32 % annually, however dipped by -1916.67 % compared to the last quarter. In essence, while Nazara Technologies 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.
