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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 74.47 % in the past year, substantial increase in net sales/revenue by 273.04 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Parvati Sweetners and Power Ltd.. Profit dropped by -32.72 % Year to Year, Parvati Sweetners and Power Ltd.’s profitability increased by 157.86 % in this quarter.
- EPS over the Year and quarter: EPS declined by -37.50 % Year to Year. EPS increased by 150 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 20.99 Cr | Rs. 9.817 Cr | Rs. 36.621 Cr | + 273.04 % | + 74.47 % |
| Expenses | Rs. 17.67 Cr | Rs. 7.84 Cr | Rs. 31.84 Cr | + 306.12 % | + 80.19 % |
| Operating Profit | Rs. 3.32 Cr | Rs. 1.98 Cr | Rs. 4.78 Cr | + 141.41 % | + 43.98 % |
| OPM % | 15.82 % | 20.17 % | 13.05 % | -7.12 % | -2.77 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.08 Cr | 0 % | 0 % |
| Interest | Rs. 1.06 Cr | Rs. 0.64 Cr | Rs. 1.07 Cr | + 67.19 % | + 0.94 % |
| Depreciation | Rs. 1.14 Cr | Rs. 1.12 Cr | Rs. 1.22 Cr | + 8.93 % | + 7.02 % |
| Profit before tax | Rs. 1.12 Cr | Rs. 0.22 Cr | Rs. 2.57 Cr | + 1068.18 % | + 129.46 % |
| Tax % | 2.42 % | 34.08 % | 70.1 % | + 36.02 % | + 67.68 % |
| Net Profit | Rs. 1.15 Cr | Rs. 0.3 Cr | Rs. 0.77 Cr | + 156.67 % | -33.04 % |
| EPS in Rs | Rs. 0.08 | Rs. 0.02 | Rs. 0.05 | + 150 % | -37.5 % |
Today, we’re looking at Parvati Sweetners and Power Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 74.47 %. However, it did see a marginal increase of 273.04 % from the previous quarter. Expenses ticked up slightly by 306.12 % quarter-on-quarter, aligning with the annual rise of 80.19 %. Operating profit, while up 43.98 % compared to last year, faced a quarter-on-quarter increase of 141.41 %, 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 -2.77 %, but a shrinkage of -7.12 % sequentially. Interest expenses surged remarkably by 67.19 % from the previous quarter, yet the year-over-year increase remains at a moderate 0.94 %. Depreciation costs climbed by 8.93 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.02 %. Profit before tax grew annually by 129.46 % but saw an increase from the preceding quarter by 1068.18 %.
Tax expenses as a percentage of profits increased slightly by 67.68 % compared to last year, with a more notable quarter-on-quarter increase of 36.02 %. Net profit fell by -33.04 % year-on-year but experienced a 156.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -37.5 % but a quarterly rise of 150 %. In summary, Parvati Sweetners and Power 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. 20.99 Cr | Rs. 9.817 Cr | Rs. 36.621 Cr | + 273.04 % | + 74.47 % |
| Expenses | Rs. 17.67 Cr | Rs. 7.84 Cr | Rs. 31.84 Cr | + 306.12 % | + 80.19 % |
| Operating Profit | Rs. 3.32 Cr | Rs. 1.98 Cr | Rs. 4.78 Cr | + 141.41 % | + 43.98 % |
| Net Profit | Rs. 1.15 Cr | Rs. 0.3 Cr | Rs. 0.77 Cr | + 156.67 % | -33.04 % |
| EPS in Rs | Rs. 0.08 | Rs. 0.02 | Rs. 0.05 | + 150 % | -37.5 % |
In reviewing Parvati Sweetners and Power Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 74.47 % year-on-year growth, however, there was a minor increase of 273.04 % from the previous quarter. Expenses rose by 80.19 % compared to the previous year, with a 306.12 % increase quarter-on-quarter. Operating Profit surged by 43.98 % annually, and saw a 141.41 % increase from the last quarter.
Net Profit showed yearly decrease of -33.04 %, and experienced a 156.67 % increase from the previous quarter. Earnings Per Share (EPS) fell by -37.5 % annually, however rose by 150 % compared to the last quarter. In essence, while Parvati Sweetners and Power Ltd. faces strong annual decline 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.
