Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 110.87 % in the past year, substantial increase in net sales/revenue by 131.4 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Scan Projects Ltd. Profit dropped by -1408.77 % Year to Year, Scan Projects Ltd’s profitability increased by 856.41 % in this quarter.
- EPS over the Year and quarter: EPS declined by -1,463.16 % Year to Year. EPS increased by 859.26 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.454 Cr | Rs. 1.325 Cr | Rs. 3.066 Cr | + 131.4 % | + 110.87 % |
| Expenses | Rs. 1.5 Cr | Rs. 1.22 Cr | Rs. 2.37 Cr | + 94.26 % | + 58 % |
| Operating Profit | Rs. -0.05 Cr | Rs. 0.11 Cr | Rs. 0.7 Cr | + 536.36 % | + 1500 % |
| OPM % | -3.44 % | 8.3 % | 22.83 % | + 14.53 % | + 26.27 % |
| Other Income | Rs. -0 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | 0 % |
| Interest | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | + 0 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | + 0 % |
| Profit before tax | Rs. -0.07 Cr | Rs. 0.11 Cr | Rs. 0.7 Cr | + 536.36 % | + 1100 % |
| Tax % | -14.93 % | 25 % | 7.03 % | -17.97 % | + 21.96 % |
| Net Profit | Rs. -0.06 Cr | Rs. 0.08 Cr | Rs. 0.75 Cr | + 837.5 % | + 1350 % |
| EPS in Rs | Rs. -0.19 | Rs. 0.27 | Rs. 2.59 | + 859.26 % | + 1463.16 % |
Today, we’re looking at Scan Projects 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 110.87 %. However, it did see a marginal increase of 131.4 % from the previous quarter. Expenses ticked up slightly by 94.26 % quarter-on-quarter, aligning with the annual rise of 58 %. Operating profit, while up 1500 % compared to last year, faced a quarter-on-quarter increase of 536.36 %, 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 26.27 %, but an expansion of 14.53 % sequentially. Other income rose by 0 % compared to the last quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -50 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 1100 % but saw an increase from the preceding quarter by 536.36 %.
Tax expenses as a percentage of profits increased slightly by 21.96 % compared to last year, with a more notable quarter-on-quarter decrease of -17.97 %. Net profit rose by 1350 % year-on-year but experienced a 837.5 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1463.16 % but a quarterly rise of 859.26 %. In summary, Scan Projects 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. 1.454 Cr | Rs. 1.325 Cr | Rs. 3.066 Cr | + 131.4 % | + 110.87 % |
| Expenses | Rs. 1.5 Cr | Rs. 1.22 Cr | Rs. 2.37 Cr | + 94.26 % | + 58 % |
| Operating Profit | Rs. -0.05 Cr | Rs. 0.11 Cr | Rs. 0.7 Cr | + 536.36 % | + 1500 % |
| Net Profit | Rs. -0.06 Cr | Rs. 0.08 Cr | Rs. 0.75 Cr | + 837.5 % | + 1350 % |
| EPS in Rs | Rs. -0.19 | Rs. 0.27 | Rs. 2.59 | + 859.26 % | + 1463.16 % |
In reviewing Scan Projects Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 110.87 % year-on-year growth, however, there was a minor increase of 131.4 % from the previous quarter. Expenses rose by 58 % compared to the previous year, with a 94.26 % increase quarter-on-quarter. Operating Profit surged by 1500 % annually, and saw a 536.36 % increase from the last quarter.
Net Profit showed yearly increase of 1350 %, and experienced a 837.5 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1463.16 % annually, however rose by 859.26 % compared to the last quarter. In essence, while Scan Projects 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.
