Share the post "RAVINDRA ENERGY LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 29.76 % in YoY and increased by 958.77 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -29.76 % over the year, substantial increase in net sales/revenue by 958.77 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -87.17 %, Marginal decrease of -57.99% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for RAVINDRA ENERGY LIMITED. Profit dropped by -172.08 % Year to Year, RAVINDRA ENERGY LIMITED’s profitability increased by 6507.69 % in this quarter.
- EPS over the Year and quarter: EPS declined by -166.13 % Year to Year. EPS increased by 4000 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 22.52 Cr | Rs. 1.494 Cr | Rs. 15.818 Cr | + 958.77 % | -29.76 % |
Expenses | Rs. 43.54 Cr | Rs. 4.74 Cr | Rs. 10.72 Cr | + 126.16 % | -75.38 % |
Operating Profit | Rs. -21.02 Cr | Rs. -3.25 Cr | Rs. 5.1 Cr | + 256.92 % | + 124.26 % |
OPM % | -93.34 % | -217.54 % | 32.24 % | + 249.78 % | + 125.58 % |
Other Income | Rs. 13.33 Cr | Rs. 4.07 Cr | Rs. 1.71 Cr | -57.99 % | -87.17 % |
Interest | Rs. 0.26 Cr | Rs. 0.29 Cr | Rs. 0.39 Cr | + 34.48 % | + 50 % |
Depreciation | Rs. 0.41 Cr | Rs. 0.43 Cr | Rs. 0.43 Cr | + 0 % | + 4.88 % |
Profit before tax | Rs. -8.36 Cr | Rs. 0.1 Cr | Rs. 5.99 Cr | + 5890 % | + 171.65 % |
Tax % | -0.29 % | 4.21 % | 0.42 % | -3.79 % | + 0.71 % |
Net Profit | Rs. -8.34 Cr | Rs. 0.09 Cr | Rs. 6.01 Cr | + 6577.78 % | + 172.06 % |
EPS in Rs | Rs. -0.62 | Rs. 0.01 | Rs. 0.41 | + 4000 % | + 166.13 % |
Today, we’re looking at RAVINDRA ENERGY LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -29.76 %. However, it did see a marginal increase of 958.77 % from the previous quarter. Expenses ticked up slightly by 126.16 % quarter-on-quarter, aligning with the annual decline of -75.38 %. Operating profit, while up 124.26 % compared to last year, faced a quarter-on-quarter increase of 256.92 %, 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 125.58 %, but an expansion of 249.78 % sequentially. Other income fell by -57.99 % compared to the last quarter, despite an annual decline of -87.17 %. Interest expenses surged remarkably by 34.48 % from the previous quarter, yet the year-over-year increase remains at a moderate 50 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.88 %. Profit before tax grew annually by 171.65 % but saw an increase from the preceding quarter by 5890 %.
Tax expenses as a percentage of profits increased slightly by 0.71 % compared to last year, with a more notable quarter-on-quarter decrease of -3.79 %. Net profit rose by 172.06 % year-on-year but experienced a 6577.78 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 166.13 % but a quarterly rise of 4000 %. In summary, RAVINDRA ENERGY 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. 22.52 Cr | Rs. 1.494 Cr | Rs. 15.818 Cr | + 958.77 % | -29.76 % |
Expenses | Rs. 43.54 Cr | Rs. 4.74 Cr | Rs. 10.72 Cr | + 126.16 % | -75.38 % |
Operating Profit | Rs. -21.02 Cr | Rs. -3.25 Cr | Rs. 5.1 Cr | + 256.92 % | + 124.26 % |
Net Profit | Rs. -8.34 Cr | Rs. 0.09 Cr | Rs. 6.01 Cr | + 6577.78 % | + 172.06 % |
EPS in Rs | Rs. -0.62 | Rs. 0.01 | Rs. 0.41 | + 4000 % | + 166.13 % |
In reviewing RAVINDRA ENERGY LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -29.76 % year-on-year, however, there was a minor increase of 958.77 % from the previous quarter. Expenses decreased by -75.38 % compared to the previous year, with a 126.16 % increase quarter-on-quarter. Operating Profit surged by 124.26 % annually, and saw a 256.92 % increase from the last quarter.
Net Profit showed yearly increase of 172.06 %, and experienced a 6577.78 % increase from the previous quarter. Earnings Per Share (EPS) rose by 166.13 % annually, however rose by 4000 % compared to the last quarter. In essence, while RAVINDRA ENERGY 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.