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Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.87 % over the year, decrease in net sales/revenue by -1.92 %.
- 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 92.61 %. Marginal decrease of -170.65% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shree Rama Newsprint Limited. Profit dropped by -84.93 % Year to Year, Shree Rama Newsprint Limited’s profitability increased by 50.12 % in this quarter.
- EPS over the Year and quarter: EPS declined by -84.88 % Year to Year. EPS increased by 49.28 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 13.384 Cr | Rs. 13.254 Cr | Rs. 13 Cr | -1.92 % | -2.87 % |
| Expenses | Rs. 11.72 Cr | Rs. 10.3 Cr | Rs. 10.55 Cr | + 2.43 % | -9.98 % |
| Operating Profit | Rs. 1.66 Cr | Rs. 2.95 Cr | Rs. 2.45 Cr | -16.95 % | + 47.59 % |
| OPM % | 12.4 % | 22.26 % | 18.85 % | -3.41 % | + 6.45 % |
| Other Income | Rs. -101.03 Cr | Rs. -2.76 Cr | Rs. -7.47 Cr | -170.65 % | + 92.61 % |
| Interest | Rs. 0 Cr | Rs. 9.25 Cr | Rs. 9.09 Cr | -1.73 % | 0 % |
| Depreciation | Rs. 1.11 Cr | Rs. 1.04 Cr | Rs. 1.04 Cr | + 0 % | -6.31 % |
| Profit before tax | Rs. -100.48 Cr | Rs. -10.1 Cr | Rs. -15.15 Cr | -50 % | + 84.92 % |
| Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -100.47 Cr | Rs. -10.09 Cr | Rs. -15.14 Cr | -50.05 % | + 84.93 % |
| EPS in Rs | Rs. 0.14 | Rs. -0.47 | Rs. -0.49 | -4.26 % | -450 % |
Today, we’re looking at Shree Rama Newsprint Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.87 %. However, it did see a marginal slip of -1.92 % from the previous quarter. Expenses ticked up slightly by 2.43 % quarter-on-quarter, aligning with the annual decline of -9.98 %. Operating profit, while up 47.59 % compared to last year, faced a quarter-on-quarter dip of -16.95 %, 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 6.45 %, but a shrinkage of -3.41 % sequentially. Other income fell by -170.65 % compared to the last quarter, despite an annual growth of 92.61 %. Interest expenses dropped significantly by -1.73 % from the previous quarter, Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.31 %. Profit before tax grew annually by 84.92 % but saw a reduction from the preceding quarter by -50 %.
Net profit rose by 84.93 % year-on-year but witnessed a -50.05 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -450 % but a quarterly fall of -4.26 %. In summary, Shree Rama Newsprint 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. 13.384 Cr | Rs. 13.254 Cr | Rs. 13 Cr | -1.92 % | -2.87 % |
| Expenses | Rs. 11.72 Cr | Rs. 10.3 Cr | Rs. 10.55 Cr | + 2.43 % | -9.98 % |
| Operating Profit | Rs. 1.66 Cr | Rs. 2.95 Cr | Rs. 2.45 Cr | -16.95 % | + 47.59 % |
| Net Profit | Rs. -100.47 Cr | Rs. -10.09 Cr | Rs. -15.14 Cr | -50.05 % | + 84.93 % |
| EPS in Rs | Rs. 0.14 | Rs. -0.47 | Rs. -0.49 | -4.26 % | -450 % |
In reviewing Shree Rama Newsprint Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.87 % year-on-year, although there was a slight dip of -1.92 % from the previous quarter. Expenses decreased by -9.98 % compared to the previous year, with a 2.43 % increase quarter-on-quarter. Operating Profit surged by 47.59 % annually, and saw a -16.95 % decrease from the last quarter.
Net Profit showed yearly increase of 84.93 %, and experienced a -50.05 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -450 % annually, however dipped by -4.26 % compared to the last quarter. In essence, while Shree Rama Newsprint 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.
