NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Odyssey Corporation : Q4 2024 Financial Quarterly Report : YoY Sales Down 37.04 %, QoQ Up 50.95 %

May 24, 2024May 24, 2024| adminadmin| 0 Comments| 2:05 pm
Image is loading
Categories:

Share the post "Odyssey Corporation : Q4 2024 Financial Quarterly Report : YoY Sales Down 37.04 %, QoQ Up 50.95 %"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company’s sales declined by -37.04 % over the year, substantial increase in net sales/revenue by 50.95 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -5.68 %, Marginal decrease of -21.7% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Odyssey Corporation Ltd.. Profit dropped by -30.23 % Year to Year, Odyssey Corporation Ltd.’s profitability dropped by -341.04 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -29.79 % Year to Year. EPS decreased by -335.71 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Odyssey Corporation Ltd.”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. 13.184 Cr Rs. 5.499 Cr Rs. 8.301 Cr + 50.95 % -37.04 %
Expenses Rs. 15.83 Cr Rs. 5.97 Cr Rs. 10.23 Cr + 71.36 % -35.38 %
Operating Profit Rs. -2.65 Cr Rs. -0.47 Cr Rs. -1.93 Cr -310.64 % + 27.17 %
OPM % -20.1 % -8.55 % -23.25 % -14.7 % -3.15 %
Other Income Rs. 0.88 Cr Rs. 1.06 Cr Rs. 0.83 Cr -21.7 % -5.68 %
Interest Rs. 0.01 Cr Rs. 0.01 Cr Rs. 0.08 Cr + 700 % + 700 %
Depreciation Rs. 0.05 Cr Rs. 0.05 Cr Rs. 0.07 Cr + 40 % + 40 %
Profit before tax Rs. -1.83 Cr Rs. 0.53 Cr Rs. -1.25 Cr -335.85 % + 31.69 %
Tax % -2.3 % 0.37 % -4.09 % -4.46 % -1.79 %
Net Profit Rs. -1.87 Cr Rs. 0.54 Cr Rs. -1.3 Cr -340.74 % + 30.48 %
EPS in Rs Rs. -0.47 Rs. 0.14 Rs. -0.33 -335.71 % + 29.79 %


Today, we’re looking at Odyssey Corporation Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -37.04 %. However, it did see a marginal increase of 50.95 % from the previous quarter. Expenses ticked up slightly by 71.36 % quarter-on-quarter, aligning with the annual decline of -35.38 %. Operating profit, while up 27.17 % compared to last year, faced a quarter-on-quarter dip of -310.64 %, 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 -3.15 %, but a shrinkage of -14.7 % sequentially. Other income fell by -21.7 % compared to the last quarter, despite an annual decline of -5.68 %. Interest expenses surged remarkably by 700 % from the previous quarter, yet the year-over-year increase remains at a moderate 700 %. Depreciation costs climbed by 40 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 40 %. Profit before tax grew annually by 31.69 % but saw a reduction from the preceding quarter by -335.85 %.
Tax expenses as a percentage of profits decreased slightly by -1.79 % compared to last year, with a more notable quarter-on-quarter decrease of -4.46 %. Net profit rose by 30.48 % year-on-year but witnessed a -340.74 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 29.79 % but a quarterly fall of -335.71 %. In summary, Odyssey Corporation Ltd.’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. 13.184 Cr Rs. 5.499 Cr Rs. 8.301 Cr + 50.95 % -37.04 %
Expenses Rs. 15.83 Cr Rs. 5.97 Cr Rs. 10.23 Cr + 71.36 % -35.38 %
Operating Profit Rs. -2.65 Cr Rs. -0.47 Cr Rs. -1.93 Cr -310.64 % + 27.17 %
Net Profit Rs. -1.87 Cr Rs. 0.54 Cr Rs. -1.3 Cr -340.74 % + 30.48 %
EPS in Rs Rs. -0.47 Rs. 0.14 Rs. -0.33 -335.71 % + 29.79 %


In reviewing Odyssey Corporation Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -37.04 % year-on-year, however, there was a minor increase of 50.95 % from the previous quarter. Expenses decreased by -35.38 % compared to the previous year, with a 71.36 % increase quarter-on-quarter. Operating Profit surged by 27.17 % annually, and saw a -310.64 % decrease from the last quarter.
Net Profit showed yearly increase of 30.48 %, and experienced a -340.74 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 29.79 % annually, however dipped by -335.71 % compared to the last quarter. In essence, while Odyssey Corporation Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

[my_shortcode1 values=”Odyssey Corporation “]

Related Post