Highlights
- Sales over the Year and quarter: The company’s sales declined by -14.49 % over the year, decrease in net sales/revenue by -6.5 %.
- 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 560 %. Marginal decrease of -20.69% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Southern Gas Ltd.,. Profit dropped by -320.14 % Year to Year, Southern Gas Ltd.,’s profitability dropped by -50.57 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 311.32 % Year to Year. EPS decreased by -28.93 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 9.904 Cr | Rs. 9.058 Cr | Rs. 8.469 Cr | -6.5 % | -14.49 % |
| Expenses | Rs. 9.51 Cr | Rs. 8.09 Cr | Rs. 7.71 Cr | -4.7 % | -18.93 % |
| Operating Profit | Rs. 0.39 Cr | Rs. 0.97 Cr | Rs. 0.76 Cr | -21.65 % | + 94.87 % |
| OPM % | 3.94 % | 10.71 % | 8.97 % | -1.74 % | + 5.03 % |
| Other Income | Rs. -0.05 Cr | Rs. 0.29 Cr | Rs. 0.23 Cr | -20.69 % | + 560 % |
| Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
| Depreciation | Rs. 0.43 Cr | Rs. 0.46 Cr | Rs. 0.46 Cr | + 0 % | + 6.98 % |
| Profit before tax | Rs. -0.1 Cr | Rs. 0.79 Cr | Rs. 0.52 Cr | -34.18 % | + 620 % |
| Tax % | 441.46 % | 21.25 % | 39.45 % | + 18.2 % | -402.01 % |
| Net Profit | Rs. -0.14 Cr | Rs. 0.62 Cr | Rs. 0.31 Cr | -50 % | + 321.43 % |
| EPS in Rs | Rs. -38.59 | Rs. 223.35 | Rs. 158.73 | -28.93 % | + 511.32 % |
Today, we’re looking at Southern Gas Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -14.49 %. However, it did see a marginal slip of -6.5 % from the previous quarter. Expenses decreased slightly by -4.7 % quarter-on-quarter, aligning with the annual decline of -18.93 %. Operating profit, while up 94.87 % compared to last year, faced a quarter-on-quarter dip of -21.65 %, 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 5.03 %, but a shrinkage of -1.74 % sequentially. Other income fell by -20.69 % compared to the last quarter, despite an annual growth of 560 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.98 %. Profit before tax grew annually by 620 % but saw a reduction from the preceding quarter by -34.18 %.
Tax expenses as a percentage of profits decreased slightly by -402.01 % compared to last year, with a more notable quarter-on-quarter increase of 18.2 %. Net profit rose by 321.43 % year-on-year but witnessed a -50 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 511.32 % but a quarterly fall of -28.93 %. In summary, Southern Gas 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. 9.904 Cr | Rs. 9.058 Cr | Rs. 8.469 Cr | -6.5 % | -14.49 % |
| Expenses | Rs. 9.51 Cr | Rs. 8.09 Cr | Rs. 7.71 Cr | -4.7 % | -18.93 % |
| Operating Profit | Rs. 0.39 Cr | Rs. 0.97 Cr | Rs. 0.76 Cr | -21.65 % | + 94.87 % |
| Net Profit | Rs. -0.14 Cr | Rs. 0.62 Cr | Rs. 0.31 Cr | -50 % | + 321.43 % |
| EPS in Rs | Rs. -38.59 | Rs. 223.35 | Rs. 158.73 | -28.93 % | + 511.32 % |
In reviewing Southern Gas Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.49 % year-on-year, although there was a slight dip of -6.5 % from the previous quarter. Expenses decreased by -18.93 % compared to the previous year, with a decrease of -4.7 % quarter-on-quarter. Operating Profit surged by 94.87 % annually, and saw a -21.65 % decrease from the last quarter.
Net Profit showed yearly increase of 321.43 %, and experienced a -50 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 511.32 % annually, however dipped by -28.93 % compared to the last quarter. In essence, while Southern Gas Ltd., 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.
