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NMDC Steel : Q4 2024 Financial Quarterly Report : QoQ Up 99.36 %

May 28, 2024May 28, 2024| adminadmin| 0 Comments| 5:30 pm
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Highlights

  • Sales over the Year and quarter: substantial increase in net sales/revenue by 99.36 %.
  • Income over the Year and quarter: Marginal increase in other income during this quarter, up by 456.17%.
  • Profit over the Year and quarter: NMDC Steel Limited’s profitability increased by 51.45 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 51.55 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of NMDC Steel Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0 Cr Rs. 925.85 Cr Rs. 1845.73 Cr + 99.36 % 0 %
Expenses Rs. 0 Cr Rs. 1334.94 Cr Rs. 2801.33 Cr + 109.85 % 0 %
Operating Profit Rs. 0 Cr Rs. -409.09 Cr Rs. -955.6 Cr -133.59 % 0 %
OPM % 0 % -44.19 % -51.77 % -7.58 % -51.77 %
Other Income Rs. 0 Cr Rs. 16.22 Cr Rs. 90.21 Cr + 456.17 % 0 %
Interest Rs. 0 Cr Rs. 134.41 Cr Rs. 155.44 Cr + 15.65 % 0 %
Depreciation Rs. 0 Cr Rs. 225.98 Cr Rs. 252.29 Cr + 11.64 % 0 %
Profit before tax Rs. 0 Cr Rs. -753.26 Cr Rs. -1273.12 Cr -69.01 % 0 %
Tax % 0 % -24.54 % -32.38 % -7.84 % -32.38 %
Net Profit Rs. 0 Cr Rs. -568.39 Cr Rs. -860.85 Cr -51.45 % 0 %
EPS in Rs Rs. 0 Rs. -1.94 Rs. -2.94 -51.55 % 0 %


Today, we’re looking at NMDC Steel Limited’s financial performance for the Q4(Mar 2024).However, it did see a marginal increase of 99.36 % from the previous quarter. Expenses ticked up slightly by 109.85 % quarter-on-quarter, faced a quarter-on-quarter dip of -133.59 %, 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 -51.77 %, but a shrinkage of -7.58 % sequentially. Other income rose by 456.17 % compared to the last quarter, Interest expenses surged remarkably by 15.65 % from the previous quarter, Depreciation costs climbed by 11.64 % quarter-on-quarter, but saw a reduction from the preceding quarter by -69.01 %.
Tax expenses as a percentage of profits decreased slightly by -32.38 % compared to last year, with a more notable quarter-on-quarter decrease of -7.84 %. but witnessed a -51.45 % contraction from the last quarter. but a quarterly fall of -51.55 %. In summary, NMDC 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 Cr Rs. 925.85 Cr Rs. 1845.73 Cr + 99.36 % 0 %
Expenses Rs. 0 Cr Rs. 1334.94 Cr Rs. 2801.33 Cr + 109.85 % 0 %
Operating Profit Rs. 0 Cr Rs. -409.09 Cr Rs. -955.6 Cr -133.59 % 0 %
Net Profit Rs. 0 Cr Rs. -568.39 Cr Rs. -860.85 Cr -51.45 % 0 %
EPS in Rs Rs. 0 Rs. -1.94 Rs. -2.94 -51.55 % 0 %


In reviewing NMDC Steel Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.however, there was a minor increase of 99.36 % from the previous quarter. with a 109.85 % increase quarter-on-quarter. and saw a -133.59 % decrease from the last quarter.
and experienced a -51.45 % decrease from the previous quarter. however dipped by -51.55 % compared to the last quarter. In essence, while NMDC Steel 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.

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