Share the post "SPARC ELECTREX : Q4 2024 Financial Quarterly Report : YoY Sales Up 1280.79 %, QoQ Up 191.61 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1280.79 % in the past year, substantial increase in net sales/revenue by 191.61 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for SPARC ELECTREX LIMITED. Profit dropped by -466.67 % Year to Year, SPARC ELECTREX LIMITED’s profitability dropped by -213.24 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -325.00 % Year to Year. EPS decreased by -190 % 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. 0.302 Cr | Rs. 1.43 Cr | Rs. 4.17 Cr | + 191.61 % | + 1280.79 % |
| Expenses | Rs. 0.27 Cr | Rs. 1.38 Cr | Rs. 3.81 Cr | + 176.09 % | + 1311.11 % |
| Operating Profit | Rs. 0.03 Cr | Rs. 0.05 Cr | Rs. 0.36 Cr | + 620 % | + 1100 % |
| OPM % | 9.93 % | 3.5 % | 8.63 % | + 5.13 % | -1.3 % |
| Other Income | Rs. 0 Cr | Rs. 0.02 Cr | Rs. -0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.15 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.03 Cr | Rs. 0.07 Cr | Rs. 0.21 Cr | + 200 % | + 600 % |
| Tax % | 28.57 % | 0 % | 137.02 % | + 137.02 % | + 108.45 % |
| Net Profit | Rs. 0.02 Cr | Rs. 0.07 Cr | Rs. -0.08 Cr | -214.29 % | -500 % |
| EPS in Rs | Rs. 0.04 | Rs. 0.03 | Rs. -0.04 | -233.33 % | -200 % |
Today, we’re looking at SPARC ELECTREX 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 1280.79 %. However, it did see a marginal increase of 191.61 % from the previous quarter. Expenses ticked up slightly by 176.09 % quarter-on-quarter, aligning with the annual rise of 1311.11 %. Operating profit, while up 1100 % compared to last year, faced a quarter-on-quarter increase of 620 %, 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 -1.3 %, but an expansion of 5.13 % sequentially. Profit before tax grew annually by 600 % but saw an increase from the preceding quarter by 200 %.
Tax expenses as a percentage of profits increased slightly by 108.45 % compared to last year, with a more notable quarter-on-quarter increase of 137.02 %. Net profit fell by -500 % year-on-year but witnessed a -214.29 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -200 % but a quarterly fall of -233.33 %. In summary, SPARC ELECTREX 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. 0.302 Cr | Rs. 1.43 Cr | Rs. 4.17 Cr | + 191.61 % | + 1280.79 % |
| Expenses | Rs. 0.27 Cr | Rs. 1.38 Cr | Rs. 3.81 Cr | + 176.09 % | + 1311.11 % |
| Operating Profit | Rs. 0.03 Cr | Rs. 0.05 Cr | Rs. 0.36 Cr | + 620 % | + 1100 % |
| Net Profit | Rs. 0.02 Cr | Rs. 0.07 Cr | Rs. -0.08 Cr | -214.29 % | -500 % |
| EPS in Rs | Rs. 0.04 | Rs. 0.03 | Rs. -0.04 | -233.33 % | -200 % |
In reviewing SPARC ELECTREX LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1280.79 % year-on-year growth, however, there was a minor increase of 191.61 % from the previous quarter. Expenses rose by 1311.11 % compared to the previous year, with a 176.09 % increase quarter-on-quarter. Operating Profit surged by 1100 % annually, and saw a 620 % increase from the last quarter.
Net Profit showed yearly decrease of -500 %, and experienced a -214.29 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -200 % annually, however dipped by -233.33 % compared to the last quarter. In essence, while SPARC ELECTREX LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
