Share the post "Raaj Medisafe India Reports Q1: Revenue Up by 3.68% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 3.68 % in the past year, decrease in net sales/revenue by -3.98 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40 %, Marginal decrease of -93.02% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Raaj Medisafe India Limited. Notable increase of 53.63 % in net profit Year to Year, Raaj Medisafe India Limited’s profitability increased by 39.34 % in this quarter.
- EPS over the Year and quarter: EPS increased by 27.59 % Year to Year. EPS increased by 12.12 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 10.519 Cr | Rs. 11.358 Cr | Rs. 10.906 Cr | -3.98 % | + 3.68 % |
| Expenses | Rs. 9.31 Cr | Rs. 9.04 Cr | Rs. 9.18 Cr | + 1.55 % | -1.4 % |
| Operating Profit | Rs. 1.21 Cr | Rs. 2.32 Cr | Rs. 1.73 Cr | -25.43 % | + 42.98 % |
| OPM % | 11.5 % | 20.43 % | 15.86 % | -4.57 % | + 4.36 % |
| Other Income | Rs. 0.005 Cr | Rs. 0.043 Cr | Rs. 0.003 Cr | -93.02 % | -40 % |
| Interest | Rs. 0.39 Cr | Rs. 0.47 Cr | Rs. 0.36 Cr | -23.4 % | -7.69 % |
| Depreciation | Rs. 0.2 Cr | Rs. 0.23 Cr | Rs. 0.23 Cr | + 0 % | + 15 % |
| Profit before tax | Rs. 0.63 Cr | Rs. 1.66 Cr | Rs. 1.14 Cr | -31.33 % | + 80.95 % |
| Tax % | 0 % | 57.93 % | 15.16 % | -42.77 % | + 15.16 % |
| Net Profit | Rs. 0.63 Cr | Rs. 0.7 Cr | Rs. 0.97 Cr | + 38.57 % | + 53.97 % |
| EPS in Rs | Rs. 0.58 | Rs. 0.66 | Rs. 0.74 | + 12.12 % | + 27.59 % |
Today, we’re looking at Raaj Medisafe India Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.68 %. However, it did see a marginal slip of -3.98 % from the previous quarter. Expenses ticked up slightly by 1.55 % quarter-on-quarter, aligning with the annual decline of -1.4 %. Operating profit, while up 42.98 % compared to last year, faced a quarter-on-quarter dip of -25.43 %, 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 4.36 %, but a shrinkage of -4.57 % sequentially. Other income fell by -93.02 % compared to the last quarter, despite an annual decline of -40 %. Interest expenses dropped significantly by -23.4 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.69 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15 %. Profit before tax grew annually by 80.95 % but saw a reduction from the preceding quarter by -31.33 %.
Tax expenses as a percentage of profits increased slightly by 15.16 % compared to last year, with a more notable quarter-on-quarter decrease of -42.77 %. Net profit rose by 53.97 % year-on-year but experienced a 38.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 27.59 % but a quarterly rise of 12.12 %. In summary, Raaj Medisafe 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. 10.519 Cr | Rs. 11.358 Cr | Rs. 10.906 Cr | -3.98 % | + 3.68 % |
| Expenses | Rs. 9.31 Cr | Rs. 9.04 Cr | Rs. 9.18 Cr | + 1.55 % | -1.4 % |
| Operating Profit | Rs. 1.21 Cr | Rs. 2.32 Cr | Rs. 1.73 Cr | -25.43 % | + 42.98 % |
| Net Profit | Rs. 0.63 Cr | Rs. 0.7 Cr | Rs. 0.97 Cr | + 38.57 % | + 53.97 % |
| EPS in Rs | Rs. 0.58 | Rs. 0.66 | Rs. 0.74 | + 12.12 % | + 27.59 % |
In reviewing Raaj Medisafe India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.68 % year-on-year growth, although there was a slight dip of -3.98 % from the previous quarter. Expenses decreased by -1.4 % compared to the previous year, with a 1.55 % increase quarter-on-quarter. Operating Profit surged by 42.98 % annually, and saw a -25.43 % decrease from the last quarter.
Net Profit showed yearly increase of 53.97 %, and experienced a 38.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 27.59 % annually, however rose by 12.12 % compared to the last quarter. In essence, while Raaj Medisafe 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.
[my_shortcode1]
