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Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter: There has been decline in other income over the past year which is -407.61 %, Marginal decrease of -957.58% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Royal India Corporation Limited. Notable increase of 145.99 % in net profit Year to Year, Royal India Corporation Limited’s profitability dropped by -31.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 148.89 % Year to Year. EPS decreased by -30.86 % 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. 7.965 Cr | Rs. 9.856 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 12.8 Cr | Rs. 10.61 Cr | Rs. -4.27 Cr | -140.25 % | -133.36 % |
Operating Profit | Rs. -4.84 Cr | Rs. -0.75 Cr | Rs. 4.27 Cr | + 669.33 % | + 188.22 % |
OPM % | -60.77 % | -7.61 % | 0 % | + 7.61 % | + 60.77 % |
Other Income | Rs. 0.92 Cr | Rs. 0.33 Cr | Rs. -2.83 Cr | -957.58 % | -407.61 % |
Interest | Rs. 0.23 Cr | Rs. 3.31 Cr | Rs. 4.84 Cr | + 46.22 % | + 2004.35 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -4.16 Cr | Rs. -3.74 Cr | Rs. -3.41 Cr | + 8.82 % | + 18.03 % |
Tax % | -74.73 % | -0 % | -24.4 % | -24.4 % | + 50.33 % |
Net Profit | Rs. -1.05 Cr | Rs. -3.74 Cr | Rs. -2.58 Cr | + 31.02 % | -145.71 % |
EPS in Rs | Rs. -0.45 | Rs. -1.62 | Rs. -1.12 | + 30.86 % | -148.89 % |
Today, we’re looking at Royal India Corporation Limited’s financial performance for the Q4(Mar 2024).Expenses decreased slightly by -140.25 % quarter-on-quarter, aligning with the annual decline of -133.36 %. Operating profit, while up 188.22 % compared to last year, faced a quarter-on-quarter increase of 669.33 %, 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 60.77 %, but an expansion of 7.61 % sequentially. Other income fell by -957.58 % compared to the last quarter, despite an annual decline of -407.61 %. Interest expenses surged remarkably by 46.22 % from the previous quarter, yet the year-over-year increase remains at a moderate 2004.35 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 18.03 % but saw an increase from the preceding quarter by 8.82 %.
Tax expenses as a percentage of profits increased slightly by 50.33 % compared to last year, with a more notable quarter-on-quarter decrease of -24.4 %. Net profit fell by -145.71 % year-on-year but experienced a 31.02 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -148.89 % but a quarterly rise of 30.86 %. In summary, Royal India Corporation 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. 7.965 Cr | Rs. 9.856 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 12.8 Cr | Rs. 10.61 Cr | Rs. -4.27 Cr | -140.25 % | -133.36 % |
Operating Profit | Rs. -4.84 Cr | Rs. -0.75 Cr | Rs. 4.27 Cr | + 669.33 % | + 188.22 % |
Net Profit | Rs. -1.05 Cr | Rs. -3.74 Cr | Rs. -2.58 Cr | + 31.02 % | -145.71 % |
EPS in Rs | Rs. -0.45 | Rs. -1.62 | Rs. -1.12 | + 30.86 % | -148.89 % |
In reviewing Royal India Corporation Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -133.36 % compared to the previous year, with a decrease of -140.25 % quarter-on-quarter. Operating Profit surged by 188.22 % annually, and saw a 669.33 % increase from the last quarter.
Net Profit showed yearly decrease of -145.71 %, and experienced a 31.02 % increase from the previous quarter. Earnings Per Share (EPS) fell by -148.89 % annually, however rose by 30.86 % compared to the last quarter. In essence, while Royal India Corporation Limited faces strong annual decline 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.