NIFTY 50 23345.4 ▲ (0%)
NIFTY NEXT 50 64826.45 ▼ (0.43%)
NIFTY 100 24030.7 ▼ (0.08%)
NIFTY MIDCAP 100 54960.95 ▼ (0.26%)
NIFTY SMALLCAP 100 17879.05 ▲ (0.08%)
NIFTY SMALLCAP 250 16861.25 ▲ (0.12%)
NIFTY MIDCAP SELECT 12282.8 ▼ (0.6%)
NIFTY TOTAL MARKET 12299.3 ▼ (0.04%)
NIFTY BANK 49212.3 ▼ (0.28%)
SENSEX 76880.92 ▼ (0.25%)
BSE BANKEX 55826.07 ▼ (0.38%)

Spectrum Foods : Q4 2024 Financial Quarterly Report : YoY Sales Up 38.91 %, QoQ Up 23.58 %

June 25, 2024June 25, 2024| adminadmin| 0 Comments| 10:25 am
Image is loading
Categories:

Share the post "Spectrum Foods : Q4 2024 Financial Quarterly Report : YoY Sales Up 38.91 %, QoQ Up 23.58 %"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 38.91 % in the past year, substantial increase in net sales/revenue by 23.58 %.
  • 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 162.5 %. Marginal increase in other income during this quarter, up by 2000%.
  • Profit over the Year and quarter: Significant improvement in profitability for Spectrum Foods Limited. Notable increase of 22.44 % in net profit Year to Year, Spectrum Foods Limited’s profitability dropped by -439.6 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 22.38 % Year to Year. EPS decreased by -440.06 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Spectrum Foods Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 4.557 Cr Rs. 5.122 Cr Rs. 6.33 Cr + 23.58 % + 38.91 %
Expenses Rs. 8.51 Cr Rs. 3.35 Cr Rs. 11.41 Cr + 240.6 % + 34.08 %
Operating Profit Rs. -3.95 Cr Rs. 1.77 Cr Rs. -5.08 Cr -387.01 % -28.61 %
OPM % -86.68 % 34.56 % -80.25 % -114.81 % + 6.43 %
Other Income Rs. 0.08 Cr Rs. 0.01 Cr Rs. 0.21 Cr + 2000 % + 162.5 %
Interest Rs. 0.03 Cr Rs. 0.02 Cr Rs. 0.01 Cr -50 % -66.67 %
Depreciation Rs. 0.29 Cr Rs. 0.25 Cr Rs. 0.27 Cr + 8 % -6.9 %
Profit before tax Rs. -4.19 Cr Rs. 1.51 Cr Rs. -5.15 Cr -441.06 % -22.91 %
Tax % -0 % 0 % -0 % 0 % 0 %
Net Profit Rs. -4.2 Cr Rs. 1.52 Cr Rs. -5.15 Cr -438.82 % -22.62 %
EPS in Rs Rs. -8.67 Rs. 3.12 Rs. -10.61 -440.06 % -22.38 %


Today, we’re looking at Spectrum Foods 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 38.91 %. However, it did see a marginal increase of 23.58 % from the previous quarter. Expenses ticked up slightly by 240.6 % quarter-on-quarter, aligning with the annual rise of 34.08 %. Operating profit, while down -28.61 % compared to last year, faced a quarter-on-quarter dip of -387.01 %, 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 6.43 %, but a shrinkage of -114.81 % sequentially. Other income rose by 2000 % compared to the last quarter, despite an annual growth of 162.5 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -66.67 %. Depreciation costs climbed by 8 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.9 %. Profit before tax declined annually by -22.91 % but saw a reduction from the preceding quarter by -441.06 %.
Net profit fell by -22.62 % year-on-year but witnessed a -438.82 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -22.38 % but a quarterly fall of -440.06 %. In summary, Spectrum Foods 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. 4.557 Cr Rs. 5.122 Cr Rs. 6.33 Cr + 23.58 % + 38.91 %
Expenses Rs. 8.51 Cr Rs. 3.35 Cr Rs. 11.41 Cr + 240.6 % + 34.08 %
Operating Profit Rs. -3.95 Cr Rs. 1.77 Cr Rs. -5.08 Cr -387.01 % -28.61 %
Net Profit Rs. -4.2 Cr Rs. 1.52 Cr Rs. -5.15 Cr -438.82 % -22.62 %
EPS in Rs Rs. -8.67 Rs. 3.12 Rs. -10.61 -440.06 % -22.38 %


In reviewing Spectrum Foods Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 38.91 % year-on-year growth, however, there was a minor increase of 23.58 % from the previous quarter. Expenses rose by 34.08 % compared to the previous year, with a 240.6 % increase quarter-on-quarter. Operating Profit dropped by -28.61 % annually, and saw a -387.01 % decrease from the last quarter.
Net Profit showed yearly decrease of -22.62 %, and experienced a -438.82 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -22.38 % annually, however dipped by -440.06 % compared to the last quarter. In essence, while Spectrum Foods 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.

[my_shortcode1 values=”Spectrum Foods “]

Related Post