Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 29.63 % in the past year, decrease in net sales/revenue by -17.25 %.
- 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 87.5 %. Marginal increase in other income during this quarter, up by 15.38%.
- Profit over the Year and quarter: Significant improvement in profitability for Prithvi Exchange (India) Limited. Notable increase of 1132.2 % in net profit Year to Year, Prithvi Exchange (India) Limited’s profitability dropped by -23.48 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1,476.00 % Year to Year. EPS decreased by -23.5 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 723.374 Cr | Rs. 1133.277 Cr | Rs. 937.745 Cr | -17.25 % | + 29.63 % |
| Expenses | Rs. 721.81 Cr | Rs. 1127.65 Cr | Rs. 932.68 Cr | -17.29 % | + 29.21 % |
| Operating Profit | Rs. 1.56 Cr | Rs. 5.63 Cr | Rs. 5.07 Cr | -9.95 % | + 225 % |
| OPM % | 0.22 % | 0.5 % | 0.54 % | + 0.04 % | + 0.32 % |
| Other Income | Rs. 0.16 Cr | Rs. 0.26 Cr | Rs. 0.3 Cr | + 15.38 % | + 87.5 % |
| Interest | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.07 Cr | + 75 % | + 75 % |
| Depreciation | Rs. 0.53 Cr | Rs. 0.18 Cr | Rs. 0.18 Cr | + 0 % | -66.04 % |
| Profit before tax | Rs. 1.15 Cr | Rs. 5.67 Cr | Rs. 5.12 Cr | -9.7 % | + 345.22 % |
| Tax % | 77.14 % | 25.1 % | 36.44 % | + 11.34 % | -40.7 % |
| Net Profit | Rs. 0.26 Cr | Rs. 4.25 Cr | Rs. 3.25 Cr | -23.53 % | + 1150 % |
| EPS in Rs | Rs. 0.25 | Rs. 5.15 | Rs. 3.94 | -23.5 % | + 1476 % |
Today, we’re looking at Prithvi Exchange (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 29.63 %. However, it did see a marginal slip of -17.25 % from the previous quarter. Expenses decreased slightly by -17.29 % quarter-on-quarter, aligning with the annual rise of 29.21 %. Operating profit, while up 225 % compared to last year, faced a quarter-on-quarter dip of -9.95 %, 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 0.32 %, but an expansion of 0.04 % sequentially. Other income rose by 15.38 % compared to the last quarter, despite an annual growth of 87.5 %. Interest expenses surged remarkably by 75 % from the previous quarter, yet the year-over-year increase remains at a moderate 75 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -66.04 %. Profit before tax grew annually by 345.22 % but saw a reduction from the preceding quarter by -9.7 %.
Tax expenses as a percentage of profits decreased slightly by -40.7 % compared to last year, with a more notable quarter-on-quarter increase of 11.34 %. Net profit rose by 1150 % year-on-year but witnessed a -23.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1476 % but a quarterly fall of -23.5 %. In summary, Prithvi Exchange (India) 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. 723.374 Cr | Rs. 1133.277 Cr | Rs. 937.745 Cr | -17.25 % | + 29.63 % |
| Expenses | Rs. 721.81 Cr | Rs. 1127.65 Cr | Rs. 932.68 Cr | -17.29 % | + 29.21 % |
| Operating Profit | Rs. 1.56 Cr | Rs. 5.63 Cr | Rs. 5.07 Cr | -9.95 % | + 225 % |
| Net Profit | Rs. 0.26 Cr | Rs. 4.25 Cr | Rs. 3.25 Cr | -23.53 % | + 1150 % |
| EPS in Rs | Rs. 0.25 | Rs. 5.15 | Rs. 3.94 | -23.5 % | + 1476 % |
In reviewing Prithvi Exchange (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.63 % year-on-year growth, although there was a slight dip of -17.25 % from the previous quarter. Expenses rose by 29.21 % compared to the previous year, with a decrease of -17.29 % quarter-on-quarter. Operating Profit surged by 225 % annually, and saw a -9.95 % decrease from the last quarter.
Net Profit showed yearly increase of 1150 %, and experienced a -23.53 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1476 % annually, however dipped by -23.5 % compared to the last quarter. In essence, while Prithvi Exchange (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.
