Oil India : Q4 2024 Financial Quarterly Report : YoY Sales Up 15.95 %, QoQ Down 6.84 %

The comprehensive analytics outlining the performance and outlook of Oil India 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.

Today, we’re looking at Oil 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 15.95 %. However, it did see a marginal slip of -6.84 % from the previous quarter. Expenses decreased slightly by -7.56 % quarter-on-quarter, aligning with the annual rise of 31.26 %. Operating profit, while down -7.02 % compared to last year, faced a quarter-on-quarter dip of -5.29 %, 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 -7.92 %, but an expansion of 0.53 % sequentially. Other income fell by -10.72 % compared to the last quarter, despite an annual growth of 1882.63 %. Interest expenses dropped significantly by -0.79 % from the previous quarter, yet the year-over-year increase remains at a moderate 53.23 %. Depreciation costs climbed by 0.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.65 %. Profit before tax grew annually by 4.65 % but saw a reduction from the preceding quarter by -7.61 %.
Tax expenses as a percentage of profits decreased slightly by -3.28 % compared to last year, with a more notable quarter-on-quarter increase of 5.53 %. Net profit rose by 17.84 % year-on-year but witnessed a -10.54 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.84 % but a quarterly fall of -8.82 %. In summary, Oil India Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Oil India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.95 % year-on-year growth, although there was a slight dip of -6.84 % from the previous quarter. Expenses rose by 31.26 % compared to the previous year, with a decrease of -7.56 % quarter-on-quarter. Operating Profit dropped by -7.02 % annually, and saw a -5.29 % decrease from the last quarter.
Net Profit showed yearly increase of 17.84 %, and experienced a -10.54 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 22.84 % annually, however dipped by -8.82 % compared to the last quarter. In essence, while Oil India Limited 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.