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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 15.42 % in the past year, substantial increase in net sales/revenue by 2.57 %.
- 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 61.01 %. Marginal increase in other income during this quarter, up by 16.79%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Reliance Power Limited. Profit dropped by -254.75 % Year to Year, Reliance Power Limited’s profitability dropped by -65.03 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -211.96 % Year to Year. EPS decreased by -65.44 % 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. 1729.84 Cr | Rs. 1946.58 Cr | Rs. 1996.65 Cr | + 2.57 % | + 15.42 % |
Expenses | Rs. 1888.98 Cr | Rs. 2309.9 Cr | Rs. 1810.84 Cr | -21.61 % | -4.14 % |
Operating Profit | Rs. -159.14 Cr | Rs. -363.32 Cr | Rs. 185.81 Cr | + 151.14 % | + 216.76 % |
OPM % | -9.2 % | -18.66 % | 9.31 % | + 27.97 % | + 18.51 % |
Other Income | Rs. 133.48 Cr | Rs. 184.02 Cr | Rs. 214.92 Cr | + 16.79 % | + 61.01 % |
Interest | Rs. 574.17 Cr | Rs. 606.7 Cr | Rs. 516.94 Cr | -14.79 % | -9.97 % |
Depreciation | Rs. 265.61 Cr | Rs. 262.48 Cr | Rs. 287.37 Cr | + 9.48 % | + 8.19 % |
Profit before tax | Rs. -865.44 Cr | Rs. -1048.48 Cr | Rs. -403.58 Cr | + 61.51 % | + 53.37 % |
Tax % | 51.99 % | -7.5 % | -9.99 % | -2.49 % | -61.98 % |
Net Profit | Rs. 256.91 Cr | Rs. -1136.75 Cr | Rs. -397.56 Cr | + 65.03 % | -254.75 % |
EPS in Rs | Rs. 0.87 | Rs. -3 | Rs. -1.03 | + 65.67 % | -218.39 % |
Today, we’re looking at Reliance Power 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 15.42 %. However, it did see a marginal increase of 2.57 % from the previous quarter. Expenses decreased slightly by -21.61 % quarter-on-quarter, aligning with the annual decline of -4.14 %. Operating profit, while up 216.76 % compared to last year, faced a quarter-on-quarter increase of 151.14 %, 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 18.51 %, but an expansion of 27.97 % sequentially. Other income rose by 16.79 % compared to the last quarter, despite an annual growth of 61.01 %. Interest expenses dropped significantly by -14.79 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.97 %. Depreciation costs climbed by 9.48 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.19 %. Profit before tax grew annually by 53.37 % but saw an increase from the preceding quarter by 61.51 %.
Tax expenses as a percentage of profits decreased slightly by -61.98 % compared to last year, with a more notable quarter-on-quarter decrease of -2.49 %. Net profit fell by -254.75 % year-on-year but experienced a 65.03 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -218.39 % but a quarterly rise of 65.67 %. In summary, Reliance Power 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. 1729.84 Cr | Rs. 1946.58 Cr | Rs. 1996.65 Cr | + 2.57 % | + 15.42 % |
Expenses | Rs. 1888.98 Cr | Rs. 2309.9 Cr | Rs. 1810.84 Cr | -21.61 % | -4.14 % |
Operating Profit | Rs. -159.14 Cr | Rs. -363.32 Cr | Rs. 185.81 Cr | + 151.14 % | + 216.76 % |
Net Profit | Rs. 256.91 Cr | Rs. -1136.75 Cr | Rs. -397.56 Cr | + 65.03 % | -254.75 % |
EPS in Rs | Rs. 0.87 | Rs. -3 | Rs. -1.03 | + 65.67 % | -218.39 % |
In reviewing Reliance Power Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.42 % year-on-year growth, however, there was a minor increase of 2.57 % from the previous quarter. Expenses decreased by -4.14 % compared to the previous year, with a decrease of -21.61 % quarter-on-quarter. Operating Profit surged by 216.76 % annually, and saw a 151.14 % increase from the last quarter.
Net Profit showed yearly decrease of -254.75 %, and experienced a 65.03 % increase from the previous quarter. Earnings Per Share (EPS) fell by -218.39 % annually, however rose by 65.67 % compared to the last quarter. In essence, while Reliance Power 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.