Share the post "SG MART LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis"
Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 209200%.
- Profit over the Year and quarter: Challenges in sustaining profitability for SG MART LIMITED. Profit dropped by -239,742.86% Year to YearSG MART LIMITED’s profitability dropped by -76,350.00% Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -4,400.00% Year to Year.EPS decreased by -15,150.00%. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.112 Cr | Rs. 1.612 Cr | Rs. 1277.54 Cr | + 792418.61% | + 1148766.91% |
| Expenses | Rs. 0.01 Cr | Rs. 0.05 Cr | Rs. 1245.81 Cr | + 2491520% | + 12458000% |
| Operating Profit | Rs. 1.1 Cr | Rs. 1.56 Cr | Rs. 31.73 Cr | + 1933.97% | + 2784.55% |
| OPM % | 98.92 % | 96.77 % | 2.48 % | -94.29% | -96.44% |
| Other Income | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 20.93 Cr | + 209200% | + 0% |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 7.87 Cr | 0% | + 0% |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.31 Cr | + 0% | + 0% |
| Profit before tax | Rs. 1.1 Cr | Rs. 1.57 Cr | Rs. 44.48 Cr | + 2733.12% | + 3943.64% |
| Tax % | -0 % | -0 % | 24.57 % | + 0% | + 0% |
| Net Profit | Rs. -0.01 Cr | Rs. -0.04 Cr | Rs. 33.55 Cr | + 83975% | + 335600% |
| EPS in Rs | Rs. -0.07 | Rs. -0.02 | Rs. 3.01 | + 15150% | + 4400% |
Today, we’re looking at SG MART 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 1148766.91%. However, it did see a marginal increase of 792418.61% from the previous quarter.Expenses ticked up slightly by 2491520% quarter-on-quarter, aligning with the annual rise of 12458000%. Operating profit, while up 2784.55% compared to last year, faced a quarter-on-quarter increase of 1933.97%, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -96.44%, but a shrinkage of -94.29% sequentially. Other income rose by 209200% compared to the last quarter,despite an annual growth of 140%. Interest expenses dropped significantly by -10% from the previous quarter, yet the year-over-year increase remains at a moderate 0%. Depreciation costs climbed by 6.25% quarter-on-quarter, whereas on an annual scale, they saw an increase of 0%. Profit before tax grew annually by 3943.64% but saw an increase from the preceding quarter by 2733.12%.
Tax expenses as a percentage of profits increased slightly by 9.03% compared to last year, with a more notable quarter-on-quarter increase of 6.86%. Net profit rose by 335600% year-on-year but experienced a 83975% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4400% but a quarterly rise of 15150%. In summary, SG MART 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. 1.112 Cr | Rs. 1.612 Cr | Rs. 1277.54 Cr | + 792418.61% | + 1148766.91% |
| Expenses | Rs. 0.01 Cr | Rs. 0.05 Cr | Rs. 1245.81 Cr | + 2491520% | + 12458000% |
| Operating Profit | Rs. 1.1 Cr | Rs. 1.56 Cr | Rs. 31.73 Cr | + 1933.97% | + 2784.55% |
| Net Profit | Rs. -0.01 Cr | Rs. -0.04 Cr | Rs. 33.55 Cr | + 83975% | + 335600% |
| EPS in Rs | Rs. -0.07 | Rs. -0.02 | Rs. 3.01 | + 15150% | + 4400% |
In reviewing SG MART LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 792418.61% from the previous quarter. Expenses rose by 12458000% compared to the previous year, with a 2491520% increase quarter-on-quarter. Operating Profit surged by 2784.55% annually, and saw a 1933.97% increase from the last quarter.
Net Profit showed yearly increase of 335600%, and experienced a 83975% increase from the previous quarter. Earnings Per Share (EPS) rose by 4400% annually, however rose by 15150% compared to the last quarter. In essence, while SG MART 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.
