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Rishi Laser : Q4 2024 Financial Quarterly Report : YoY Sales Up 2.47 %, QoQ Up 10.04 %

June 24, 2024June 24, 2024| adminadmin| 0 Comments| 5:50 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 2.47 % in the past year, substantial increase in net sales/revenue by 10.04 %.
  • 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 8.33 %. Marginal increase in other income during this quarter, up by 116.67%.
  • Profit over the Year and quarter: Significant improvement in profitability for Rishi Laser Ltd.. Notable increase of 89.84 % in net profit Year to Year, Rishi Laser Ltd.’s profitability increased by 203.39 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 90.00 % Year to Year. EPS increased by 204 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Rishi Laser Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 33.744 Cr Rs. 31.423 Cr Rs. 34.578 Cr + 10.04 % + 2.47 %
Expenses Rs. 31.14 Cr Rs. 28.94 Cr Rs. 31.65 Cr + 9.36 % + 1.64 %
Operating Profit Rs. 2.6 Cr Rs. 2.48 Cr Rs. 2.93 Cr + 18.15 % + 12.69 %
OPM % 7.71 % 7.89 % 8.47 % + 0.58 % + 0.76 %
Other Income Rs. 0.24 Cr Rs. 0.12 Cr Rs. 0.26 Cr + 116.67 % + 8.33 %
Interest Rs. 0.67 Cr Rs. 0.48 Cr Rs. 0.47 Cr -2.08 % -29.85 %
Depreciation Rs. 0.68 Cr Rs. 0.66 Cr Rs. 0.54 Cr -18.18 % -20.59 %
Profit before tax Rs. 1.49 Cr Rs. 1.46 Cr Rs. 2.18 Cr + 49.32 % + 46.31 %
Tax % 22.58 % 22 % 60.69 % + 38.69 % + 38.11 %
Net Profit Rs. 1.84 Cr Rs. 1.15 Cr Rs. 3.5 Cr + 204.35 % + 90.22 %
EPS in Rs Rs. 2 Rs. 1.25 Rs. 3.8 + 204 % + 90 %


Today, we’re looking at Rishi Laser Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 2.47 %. However, it did see a marginal increase of 10.04 % from the previous quarter. Expenses ticked up slightly by 9.36 % quarter-on-quarter, aligning with the annual rise of 1.64 %. Operating profit, while up 12.69 % compared to last year, faced a quarter-on-quarter increase of 18.15 %, 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 0.76 %, but an expansion of 0.58 % sequentially. Other income rose by 116.67 % compared to the last quarter, despite an annual growth of 8.33 %. Interest expenses dropped significantly by -2.08 % from the previous quarter, yet the year-over-year decrease remains at a moderate -29.85 %. Depreciation costs fell by -18.18 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20.59 %. Profit before tax grew annually by 46.31 % but saw an increase from the preceding quarter by 49.32 %.
Tax expenses as a percentage of profits increased slightly by 38.11 % compared to last year, with a more notable quarter-on-quarter increase of 38.69 %. Net profit rose by 90.22 % year-on-year but experienced a 204.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 90 % but a quarterly rise of 204 %. In summary, Rishi Laser Ltd.’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. 33.744 Cr Rs. 31.423 Cr Rs. 34.578 Cr + 10.04 % + 2.47 %
Expenses Rs. 31.14 Cr Rs. 28.94 Cr Rs. 31.65 Cr + 9.36 % + 1.64 %
Operating Profit Rs. 2.6 Cr Rs. 2.48 Cr Rs. 2.93 Cr + 18.15 % + 12.69 %
Net Profit Rs. 1.84 Cr Rs. 1.15 Cr Rs. 3.5 Cr + 204.35 % + 90.22 %
EPS in Rs Rs. 2 Rs. 1.25 Rs. 3.8 + 204 % + 90 %


In reviewing Rishi Laser Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.47 % year-on-year growth, however, there was a minor increase of 10.04 % from the previous quarter. Expenses rose by 1.64 % compared to the previous year, with a 9.36 % increase quarter-on-quarter. Operating Profit surged by 12.69 % annually, and saw a 18.15 % increase from the last quarter.
Net Profit showed yearly increase of 90.22 %, and experienced a 204.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 90 % annually, however rose by 204 % compared to the last quarter. In essence, while Rishi Laser Ltd. 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.

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