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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 155.9 % in the past year, substantial increase in net sales/revenue by 152.49 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Saffron Industries Limited. Profit dropped by -90.15 % Year to Year, Saffron Industries Limited’s profitability increased by 4.79 % in this quarter.
- EPS over the Year and quarter:
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 3.701 Cr | Rs. 3.751 Cr | Rs. 9.471 Cr | + 152.49 % | + 155.9 % |
| Expenses | Rs. 6.43 Cr | Rs. 3.55 Cr | Rs. 9.32 Cr | + 162.54 % | + 44.95 % |
| Operating Profit | Rs. -2.73 Cr | Rs. 0.2 Cr | Rs. 0.15 Cr | -25 % | + 105.49 % |
| OPM % | -73.76 % | 5.33 % | 1.58 % | -3.75 % | + 75.34 % |
| Other Income | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.61 Cr | Rs. 0.54 Cr | Rs. 0.49 Cr | -9.26 % | -19.67 % |
| Profit before tax | Rs. -3.33 Cr | Rs. -0.32 Cr | Rs. -0.34 Cr | -6.25 % | + 89.79 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -3.33 Cr | Rs. -0.31 Cr | Rs. -0.33 Cr | -6.45 % | + 90.09 % |
| EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Saffron Industries 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 155.9 %. However, it did see a marginal increase of 152.49 % from the previous quarter. Expenses ticked up slightly by 162.54 % quarter-on-quarter, aligning with the annual rise of 44.95 %. Operating profit, while up 105.49 % compared to last year, faced a quarter-on-quarter dip of -25 %, 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 75.34 %, but a shrinkage of -3.75 % sequentially. Depreciation costs fell by -9.26 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -19.67 %. Profit before tax grew annually by 89.79 % but saw a reduction from the preceding quarter by -6.25 %.
Net profit rose by 90.09 % year-on-year but witnessed a -6.45 % contraction from the last quarter. In summary, Saffron Industries 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. 3.701 Cr | Rs. 3.751 Cr | Rs. 9.471 Cr | + 152.49 % | + 155.9 % |
| Expenses | Rs. 6.43 Cr | Rs. 3.55 Cr | Rs. 9.32 Cr | + 162.54 % | + 44.95 % |
| Operating Profit | Rs. -2.73 Cr | Rs. 0.2 Cr | Rs. 0.15 Cr | -25 % | + 105.49 % |
| Net Profit | Rs. -3.33 Cr | Rs. -0.31 Cr | Rs. -0.33 Cr | -6.45 % | + 90.09 % |
| EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
In reviewing Saffron Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 155.9 % year-on-year growth, however, there was a minor increase of 152.49 % from the previous quarter. Expenses rose by 44.95 % compared to the previous year, with a 162.54 % increase quarter-on-quarter. Operating Profit surged by 105.49 % annually, and saw a -25 % decrease from the last quarter.
Net Profit showed yearly increase of 90.09 %, and experienced a -6.45 % decrease from the previous quarter. In essence, while Saffron Industries 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.
