Share the post "ORCHASP LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 63.97 % in YoY and increased by 2.43 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -63.97 % over the year, substantial increase in net sales/revenue by 2.43 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -85.15 %, Marginal increase in other income during this quarter, up by 3500%.
- Profit over the Year and quarter: Challenges in sustaining profitability for ORCHASP LIMITED. Profit dropped by -100.48 % Year to Year, ORCHASP LIMITED’s profitability dropped by -97.08 % Quarter to Quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 9.712 Cr | Rs. 3.416 Cr | Rs. 3.499 Cr | + 2.43 % | -63.97 % |
Expenses | Rs. 16.28 Cr | Rs. 3.02 Cr | Rs. 4.03 Cr | + 33.44 % | -75.25 % |
Operating Profit | Rs. -6.57 Cr | Rs. 0.4 Cr | Rs. -0.53 Cr | -232.5 % | + 91.93 % |
OPM % | -67.65 % | 11.71 % | -15.15 % | -26.86 % | + 52.5 % |
Other Income | Rs. 4.85 Cr | Rs. 0.02 Cr | Rs. 0.72 Cr | + 3500 % | -85.15 % |
Interest | Rs. 0.18 Cr | Rs. 0.17 Cr | Rs. 0.16 Cr | -5.88 % | -11.11 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -50 % |
Profit before tax | Rs. -1.92 Cr | Rs. 0.24 Cr | Rs. 0.02 Cr | -91.67 % | + 101.04 % |
Tax % | -13.12 % | 11.84 % | 41.67 % | + 29.83 % | + 54.79 % |
Net Profit | Rs. -1.66 Cr | Rs. 0.27 Cr | Rs. 0.01 Cr | -96.3 % | + 100.6 % |
EPS in Rs | Rs. -0.15 | Rs. 0.02 | Rs. -0.53 | -2750 % | -253.33 % |
Today, we’re looking at ORCHASP 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 -63.97 %. However, it did see a marginal increase of 2.43 % from the previous quarter. Expenses ticked up slightly by 33.44 % quarter-on-quarter, aligning with the annual decline of -75.25 %. Operating profit, while up 91.93 % compared to last year, faced a quarter-on-quarter dip of -232.5 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 52.5 %, but a shrinkage of -26.86 % sequentially. Other income rose by 3500 % compared to the last quarter, despite an annual decline of -85.15 %. Interest expenses dropped significantly by -5.88 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.11 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax grew annually by 101.04 % but saw a reduction from the preceding quarter by -91.67 %.
Tax expenses as a percentage of profits increased slightly by 54.79 % compared to last year, with a more notable quarter-on-quarter increase of 29.83 %. Net profit rose by 100.6 % year-on-year but witnessed a -96.3 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -253.33 % but a quarterly fall of -2750 %. In summary, ORCHASP 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. 9.712 Cr | Rs. 3.416 Cr | Rs. 3.499 Cr | + 2.43 % | -63.97 % |
Expenses | Rs. 16.28 Cr | Rs. 3.02 Cr | Rs. 4.03 Cr | + 33.44 % | -75.25 % |
Operating Profit | Rs. -6.57 Cr | Rs. 0.4 Cr | Rs. -0.53 Cr | -232.5 % | + 91.93 % |
Net Profit | Rs. -1.66 Cr | Rs. 0.27 Cr | Rs. 0.01 Cr | -96.3 % | + 100.6 % |
EPS in Rs | Rs. -0.15 | Rs. 0.02 | Rs. -0.53 | -2750 % | -253.33 % |
In reviewing ORCHASP LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -63.97 % year-on-year, however, there was a minor increase of 2.43 % from the previous quarter. Expenses decreased by -75.25 % compared to the previous year, with a 33.44 % increase quarter-on-quarter. Operating Profit surged by 91.93 % annually, and saw a -232.5 % decrease from the last quarter.
Net Profit showed yearly increase of 100.6 %, and experienced a -96.3 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -253.33 % annually, however dipped by -2750 % compared to the last quarter. In essence, while ORCHASP 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.