Share the post "Shreenath Investments Co : Q4 2024 Financial Quarterly Report"
Highlights
- Sales over the Year and quarter:
- 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 36.59 %. Marginal increase in other income during this quarter, up by 46.09%.
- Profit over the Year and quarter: Significant improvement in profitability for Shreenath Investments Co. Ltd.,. Notable increase of 49.02 % in net profit Year to Year, Shreenath Investments Co. Ltd.,’s profitability increased by 135.88 % in this quarter.
- EPS over the Year and quarter: EPS increased by 48.95 % Year to Year. EPS increased by 135.95 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 58.898 Cr | 0 % | 0 % |
Expenses | Rs. 0.06 Cr | Rs. 0.31 Cr | Rs. 58.91 Cr | + 18903.23 % | + 98083.33 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.31 Cr | Rs. -0.01 Cr | + 96.77 % | + 83.33 % |
OPM % | 0 % | 0 % | -0.02 % | -0.02 % | -0.02 % |
Other Income | Rs. 1.23 Cr | Rs. 1.15 Cr | Rs. 1.68 Cr | + 46.09 % | + 36.59 % |
Interest | Rs. 0.02 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 1.15 Cr | Rs. 0.84 Cr | Rs. 1.67 Cr | + 98.81 % | + 45.22 % |
Tax % | 24.37 % | 34.61 % | 22.32 % | -12.29 % | -2.05 % |
Net Profit | Rs. 0.87 Cr | Rs. 0.55 Cr | Rs. 1.3 Cr | + 136.36 % | + 49.43 % |
EPS in Rs | Rs. 34.77 | Rs. 21.95 | Rs. 51.79 | + 135.95 % | + 48.95 % |
Today, we’re looking at Shreenath Investments Co. Ltd.,’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 18903.23 % quarter-on-quarter, aligning with the annual rise of 98083.33 %. Operating profit, while up 83.33 % compared to last year, faced a quarter-on-quarter increase of 96.77 %, 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 -0.02 %, but a shrinkage of -0.02 % sequentially. Other income rose by 46.09 % compared to the last quarter, despite an annual growth of 36.59 %. Profit before tax grew annually by 45.22 % but saw an increase from the preceding quarter by 98.81 %.
Tax expenses as a percentage of profits decreased slightly by -2.05 % compared to last year, with a more notable quarter-on-quarter decrease of -12.29 %. Net profit rose by 49.43 % year-on-year but experienced a 136.36 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 48.95 % but a quarterly rise of 135.95 %. In summary, Shreenath Investments Co. 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. 0 Cr | Rs. 0 Cr | Rs. 58.898 Cr | 0 % | 0 % |
Expenses | Rs. 0.06 Cr | Rs. 0.31 Cr | Rs. 58.91 Cr | + 18903.23 % | + 98083.33 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.31 Cr | Rs. -0.01 Cr | + 96.77 % | + 83.33 % |
Net Profit | Rs. 0.87 Cr | Rs. 0.55 Cr | Rs. 1.3 Cr | + 136.36 % | + 49.43 % |
EPS in Rs | Rs. 34.77 | Rs. 21.95 | Rs. 51.79 | + 135.95 % | + 48.95 % |
In reviewing Shreenath Investments Co. Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 98083.33 % compared to the previous year, with a 18903.23 % increase quarter-on-quarter. Operating Profit surged by 83.33 % annually, and saw a 96.77 % increase from the last quarter.
Net Profit showed yearly increase of 49.43 %, and experienced a 136.36 % increase from the previous quarter. Earnings Per Share (EPS) rose by 48.95 % annually, however rose by 135.95 % compared to the last quarter. In essence, while Shreenath Investments Co. 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.