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Highlights
- Sales over the Year and quarter: The company’s sales declined by -18.93 % over the year, substantial increase in net sales/revenue by 6 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 51.96 %. Marginal decrease of -26.19% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Orient Green Power Company Limited. Notable increase of 33.1 % in net profit Year to Year, Orient Green Power Company Limited’s profitability increased by 22.34 % in this quarter.
- EPS over the Year and quarter: EPS declined by -3.70 % Year to Year. EPS increased by 23.81 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 44.43 Cr | Rs. 33.98 Cr | Rs. 36.02 Cr | + 6 % | -18.93 % |
Expenses | Rs. 22.74 Cr | Rs. 20.09 Cr | Rs. 21.74 Cr | + 8.21 % | -4.4 % |
Operating Profit | Rs. 21.69 Cr | Rs. 13.89 Cr | Rs. 14.28 Cr | + 2.81 % | -34.16 % |
OPM % | 48.82 % | 40.88 % | 39.64 % | -1.24 % | -9.18 % |
Other Income | Rs. 2.04 Cr | Rs. 4.2 Cr | Rs. 3.1 Cr | -26.19 % | + 51.96 % |
Interest | Rs. 28.42 Cr | Rs. 20.06 Cr | Rs. 19.29 Cr | -3.84 % | -32.13 % |
Depreciation | Rs. 20.83 Cr | Rs. 20.61 Cr | Rs. 20.56 Cr | -0.24 % | -1.3 % |
Profit before tax | Rs. -25.52 Cr | Rs. -22.58 Cr | Rs. -22.47 Cr | + 0.49 % | + 11.95 % |
Tax % | -0 % | -0 % | -1.08 % | -1.08 % | -1.08 % |
Net Profit | Rs. -18.97 Cr | Rs. -20.64 Cr | Rs. -25.25 Cr | -22.34 % | -33.1 % |
EPS in Rs | Rs. -0.27 | Rs. -0.21 | Rs. -0.26 | -23.81 % | + 3.7 % |
Today, we’re looking at Orient Green Power Company 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 -18.93 %. However, it did see a marginal increase of 6 % from the previous quarter. Expenses ticked up slightly by 8.21 % quarter-on-quarter, aligning with the annual decline of -4.4 %. Operating profit, while down -34.16 % compared to last year, faced a quarter-on-quarter increase of 2.81 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -9.18 %, but a shrinkage of -1.24 % sequentially. Other income fell by -26.19 % compared to the last quarter, despite an annual growth of 51.96 %. Interest expenses dropped significantly by -3.84 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.13 %. Depreciation costs fell by -0.24 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.3 %. Profit before tax grew annually by 11.95 % but saw an increase from the preceding quarter by 0.49 %.
Tax expenses as a percentage of profits decreased slightly by -1.08 % compared to last year, with a more notable quarter-on-quarter decrease of -1.08 %. Net profit fell by -33.1 % year-on-year but witnessed a -22.34 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 3.7 % but a quarterly fall of -23.81 %. In summary, Orient Green Power Company 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. 44.43 Cr | Rs. 33.98 Cr | Rs. 36.02 Cr | + 6 % | -18.93 % |
Expenses | Rs. 22.74 Cr | Rs. 20.09 Cr | Rs. 21.74 Cr | + 8.21 % | -4.4 % |
Operating Profit | Rs. 21.69 Cr | Rs. 13.89 Cr | Rs. 14.28 Cr | + 2.81 % | -34.16 % |
Net Profit | Rs. -18.97 Cr | Rs. -20.64 Cr | Rs. -25.25 Cr | -22.34 % | -33.1 % |
EPS in Rs | Rs. -0.27 | Rs. -0.21 | Rs. -0.26 | -23.81 % | + 3.7 % |
In reviewing Orient Green Power Company Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.93 % year-on-year, however, there was a minor increase of 6 % from the previous quarter. Expenses decreased by -4.4 % compared to the previous year, with a 8.21 % increase quarter-on-quarter. Operating Profit dropped by -34.16 % annually, and saw a 2.81 % increase from the last quarter.
Net Profit showed yearly decrease of -33.1 %, and experienced a -22.34 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 3.7 % annually, however dipped by -23.81 % compared to the last quarter. In essence, while Orient Green Power Company Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.