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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 674.59 % in the past year, decrease in net sales/revenue by -3.42 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Quasar India Limited. Profit dropped by -116.35 % Year to Year, Quasar India Limited’s profitability dropped by -123.24 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -116.33 % Year to Year. EPS decreased by -122.86 % 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. 1.09 Cr | Rs. 8.742 Cr | Rs. 8.443 Cr | -3.42 % | + 674.59 % |
Expenses | Rs. 0.86 Cr | Rs. 8.49 Cr | Rs. 8.37 Cr | -1.41 % | + 873.26 % |
Operating Profit | Rs. 0.23 Cr | Rs. 0.25 Cr | Rs. 0.07 Cr | -72 % | -69.57 % |
OPM % | 21.1 % | 2.86 % | 0.83 % | -2.03 % | -20.27 % |
Other Income | Rs. -0 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.2 Cr | Rs. 0.26 Cr | Rs. 0.07 Cr | -73.08 % | -65 % |
Tax % | 30.2 % | 26 % | 159.72 % | + 133.72 % | + 129.52 % |
Net Profit | Rs. 0.26 Cr | Rs. 0.19 Cr | Rs. -0.04 Cr | -121.05 % | -115.38 % |
EPS in Rs | Rs. 0.49 | Rs. 0.35 | Rs. -0.08 | -122.86 % | -116.33 % |
Today, we’re looking at Quasar 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 674.59 %. However, it did see a marginal slip of -3.42 % from the previous quarter. Expenses decreased slightly by -1.41 % quarter-on-quarter, aligning with the annual rise of 873.26 %. Operating profit, while down -69.57 % compared to last year, faced a quarter-on-quarter dip of -72 %, 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 -20.27 %, but a shrinkage of -2.03 % sequentially. Profit before tax declined annually by -65 % but saw a reduction from the preceding quarter by -73.08 %.
Tax expenses as a percentage of profits increased slightly by 129.52 % compared to last year, with a more notable quarter-on-quarter increase of 133.72 %. Net profit fell by -115.38 % year-on-year but witnessed a -121.05 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -116.33 % but a quarterly fall of -122.86 %. In summary, Quasar 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. 1.09 Cr | Rs. 8.742 Cr | Rs. 8.443 Cr | -3.42 % | + 674.59 % |
Expenses | Rs. 0.86 Cr | Rs. 8.49 Cr | Rs. 8.37 Cr | -1.41 % | + 873.26 % |
Operating Profit | Rs. 0.23 Cr | Rs. 0.25 Cr | Rs. 0.07 Cr | -72 % | -69.57 % |
Net Profit | Rs. 0.26 Cr | Rs. 0.19 Cr | Rs. -0.04 Cr | -121.05 % | -115.38 % |
EPS in Rs | Rs. 0.49 | Rs. 0.35 | Rs. -0.08 | -122.86 % | -116.33 % |
In reviewing Quasar India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 674.59 % year-on-year growth, although there was a slight dip of -3.42 % from the previous quarter. Expenses rose by 873.26 % compared to the previous year, with a decrease of -1.41 % quarter-on-quarter. Operating Profit dropped by -69.57 % annually, and saw a -72 % decrease from the last quarter.
Net Profit showed yearly decrease of -115.38 %, and experienced a -121.05 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -116.33 % annually, however dipped by -122.86 % compared to the last quarter. In essence, while Quasar India 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.