Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 10.57 % in the past year, substantial increase in net sales/revenue by 1.4 %.
- 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 36.12 %. Marginal decrease of -2.7% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Quess Corp Limited. Notable increase of 226.25 % in net profit Year to Year, Quess Corp Limited’s profitability increased by 53.71 % in this quarter.
- EPS over the Year and quarter: EPS increased by 183.93 % Year to Year. EPS increased by 47.91 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4440.205 Cr | Rs. 4841.832 Cr | Rs. 4909.752 Cr | + 1.4 % | + 10.57 % |
| Expenses | Rs. 4288.23 Cr | Rs. 4660.81 Cr | Rs. 4714.58 Cr | + 1.15 % | + 9.94 % |
| Operating Profit | Rs. 151.98 Cr | Rs. 181.02 Cr | Rs. 195.17 Cr | + 7.82 % | + 28.42 % |
| OPM % | 3.42 % | 3.74 % | 3.98 % | + 0.24 % | + 0.56 % |
| Other Income | Rs. 3.71 Cr | Rs. 5.19 Cr | Rs. 5.05 Cr | -2.7 % | + 36.12 % |
| Interest | Rs. 30.9 Cr | Rs. 35.39 Cr | Rs. 26.56 Cr | -24.95 % | -14.05 % |
| Depreciation | Rs. 76.49 Cr | Rs. 71.82 Cr | Rs. 73.15 Cr | + 1.85 % | -4.37 % |
| Profit before tax | Rs. 48.3 Cr | Rs. 79 Cr | Rs. 100.51 Cr | + 27.23 % | + 108.1 % |
| Tax % | 37.95 % | 7.63 % | 3.2 % | -4.43 % | -34.75 % |
| Net Profit | Rs. 29.99 Cr | Rs. 63.65 Cr | Rs. 97.84 Cr | + 53.72 % | + 226.24 % |
| EPS in Rs | Rs. 2.24 | Rs. 4.3 | Rs. 6.36 | + 47.91 % | + 183.93 % |
Today, we’re looking at Quess Corp 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 10.57 %. However, it did see a marginal increase of 1.4 % from the previous quarter. Expenses ticked up slightly by 1.15 % quarter-on-quarter, aligning with the annual rise of 9.94 %. Operating profit, while up 28.42 % compared to last year, faced a quarter-on-quarter increase of 7.82 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.56 %, but an expansion of 0.24 % sequentially. Other income fell by -2.7 % compared to the last quarter, despite an annual growth of 36.12 %. Interest expenses dropped significantly by -24.95 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.05 %. Depreciation costs climbed by 1.85 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.37 %. Profit before tax grew annually by 108.1 % but saw an increase from the preceding quarter by 27.23 %.
Tax expenses as a percentage of profits decreased slightly by -34.75 % compared to last year, with a more notable quarter-on-quarter decrease of -4.43 %. Net profit rose by 226.24 % year-on-year but experienced a 53.72 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 183.93 % but a quarterly rise of 47.91 %. In summary, Quess Corp 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. 4440.205 Cr | Rs. 4841.832 Cr | Rs. 4909.752 Cr | + 1.4 % | + 10.57 % |
| Expenses | Rs. 4288.23 Cr | Rs. 4660.81 Cr | Rs. 4714.58 Cr | + 1.15 % | + 9.94 % |
| Operating Profit | Rs. 151.98 Cr | Rs. 181.02 Cr | Rs. 195.17 Cr | + 7.82 % | + 28.42 % |
| Net Profit | Rs. 29.99 Cr | Rs. 63.65 Cr | Rs. 97.84 Cr | + 53.72 % | + 226.24 % |
| EPS in Rs | Rs. 2.24 | Rs. 4.3 | Rs. 6.36 | + 47.91 % | + 183.93 % |
In reviewing Quess Corp Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.57 % year-on-year growth, however, there was a minor increase of 1.4 % from the previous quarter. Expenses rose by 9.94 % compared to the previous year, with a 1.15 % increase quarter-on-quarter. Operating Profit surged by 28.42 % annually, and saw a 7.82 % increase from the last quarter.
Net Profit showed yearly increase of 226.24 %, and experienced a 53.72 % increase from the previous quarter. Earnings Per Share (EPS) rose by 183.93 % annually, however rose by 47.91 % compared to the last quarter. In essence, while Quess Corp 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.
