Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.89 % over the year, decrease in net sales/revenue by -20.47 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -10.02 %, Marginal decrease of -20.58% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for One 97 Communications Limited. Notable increase of 228.66 % in net profit Year to Year, One 97 Communications Limited’s profitability increased by 148.31 % in this quarter.
- EPS over the Year and quarter: EPS increased by 200.00 % Year to Year. EPS increased by 200 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2334.5 Cr | Rs. 2850.5 Cr | Rs. 2267.1 Cr | -20.47 % | -2.89 % |
Expenses | Rs. 2463.6 Cr | Rs. 3010 Cr | Rs. 2490.6 Cr | -17.26 % | + 1.1 % |
Operating Profit | Rs. -129.1 Cr | Rs. -159.5 Cr | Rs. -223.5 Cr | -40.13 % | -73.12 % |
OPM % | -5.53 % | -5.6 % | -9.86 % | -4.26 % | -4.33 % |
Other Income | Rs. 127.8 Cr | Rs. 144.8 Cr | Rs. 115 Cr | -20.58 % | -10.02 % |
Interest | Rs. 7.1 Cr | Rs. 5.4 Cr | Rs. 5.2 Cr | -3.7 % | -26.76 % |
Depreciation | Rs. 159.8 Cr | Rs. 200.9 Cr | Rs. 195.6 Cr | -2.64 % | + 22.4 % |
Profit before tax | Rs. -168.2 Cr | Rs. -221 Cr | Rs. -309.3 Cr | -39.95 % | -83.89 % |
Tax % | -0.42 % | -0.32 % | -2.71 % | -2.39 % | -2.29 % |
Net Profit | Rs. -167.5 Cr | Rs. -221.7 Cr | Rs. -550.5 Cr | -148.31 % | -228.66 % |
EPS in Rs | Rs. -3 | Rs. -3 | Rs. -9 | -200 % | -200 % |
Today, we’re looking at One 97 Communications Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.89 %. However, it did see a marginal slip of -20.47 % from the previous quarter. Expenses decreased slightly by -17.26 % quarter-on-quarter, aligning with the annual rise of 1.1 %. Operating profit, while down -73.12 % compared to last year, faced a quarter-on-quarter dip of -40.13 %, 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 -4.33 %, but a shrinkage of -4.26 % sequentially. Other income fell by -20.58 % compared to the last quarter, despite an annual decline of -10.02 %. Interest expenses dropped significantly by -3.7 % from the previous quarter, yet the year-over-year decrease remains at a moderate -26.76 %. Depreciation costs fell by -2.64 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.4 %. Profit before tax declined annually by -83.89 % but saw a reduction from the preceding quarter by -39.95 %.
Tax expenses as a percentage of profits decreased slightly by -2.29 % compared to last year, with a more notable quarter-on-quarter decrease of -2.39 %. Net profit fell by -228.66 % year-on-year but witnessed a -148.31 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -200 % but a quarterly fall of -200 %. In summary, One 97 Communications 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. 2334.5 Cr | Rs. 2850.5 Cr | Rs. 2267.1 Cr | -20.47 % | -2.89 % |
Expenses | Rs. 2463.6 Cr | Rs. 3010 Cr | Rs. 2490.6 Cr | -17.26 % | + 1.1 % |
Operating Profit | Rs. -129.1 Cr | Rs. -159.5 Cr | Rs. -223.5 Cr | -40.13 % | -73.12 % |
Net Profit | Rs. -167.5 Cr | Rs. -221.7 Cr | Rs. -550.5 Cr | -148.31 % | -228.66 % |
EPS in Rs | Rs. -3 | Rs. -3 | Rs. -9 | -200 % | -200 % |
In reviewing One 97 Communications Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.89 % year-on-year, although there was a slight dip of -20.47 % from the previous quarter. Expenses rose by 1.1 % compared to the previous year, with a decrease of -17.26 % quarter-on-quarter. Operating Profit dropped by -73.12 % annually, and saw a -40.13 % decrease from the last quarter.
Net Profit showed yearly decrease of -228.66 %, and experienced a -148.31 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -200 % annually, however dipped by -200 % compared to the last quarter. In essence, while One 97 Communications 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.