Share the post "Sunraj Diamond Exports : Q4 2024 Financial Quarterly Report : YoY Sales Up 187.01 %, QoQ Up 161.54 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 187.01 % in the past year, substantial increase in net sales/revenue by 161.54 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sunraj Diamond Exports Ltd.. Profit dropped by -3892.31 % Year to Year, Sunraj Diamond Exports Ltd.’s profitability dropped by -552.29 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -3,800.00 % Year to Year. EPS decreased by -551.22 % 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. 0.154 Cr | Rs. 0.169 Cr | Rs. 0.442 Cr | + 161.54 % | + 187.01 % |
Expenses | Rs. 0.34 Cr | Rs. 0.25 Cr | Rs. 1.15 Cr | + 360 % | + 238.24 % |
Operating Profit | Rs. -0.19 Cr | Rs. -0.08 Cr | Rs. -0.71 Cr | -787.5 % | -273.68 % |
OPM % | -123.38 % | -47.34 % | -160.63 % | -113.29 % | -37.25 % |
Other Income | Rs. 0.24 Cr | Rs. 0.3 Cr | Rs. -0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.04 Cr | Rs. 0.21 Cr | Rs. -0.72 Cr | -442.86 % | -1900 % |
Tax % | 39.53 % | 0.46 % | -37.47 % | -37.93 % | -77 % |
Net Profit | Rs. 0.03 Cr | Rs. 0.22 Cr | Rs. -0.99 Cr | -550 % | -3400 % |
EPS in Rs | Rs. 0.84 | Rs. 0.41 | Rs. -1.85 | -551.22 % | -320.24 % |
Today, we’re looking at Sunraj Diamond Exports Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 187.01 %. However, it did see a marginal increase of 161.54 % from the previous quarter. Expenses ticked up slightly by 360 % quarter-on-quarter, aligning with the annual rise of 238.24 %. Operating profit, while down -273.68 % compared to last year, faced a quarter-on-quarter dip of -787.5 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -37.25 %, but a shrinkage of -113.29 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -1900 % but saw a reduction from the preceding quarter by -442.86 %.
Tax expenses as a percentage of profits decreased slightly by -77 % compared to last year, with a more notable quarter-on-quarter decrease of -37.93 %. Net profit fell by -3400 % year-on-year but witnessed a -550 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -320.24 % but a quarterly fall of -551.22 %. In summary, Sunraj Diamond Exports 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. 0.154 Cr | Rs. 0.169 Cr | Rs. 0.442 Cr | + 161.54 % | + 187.01 % |
Expenses | Rs. 0.34 Cr | Rs. 0.25 Cr | Rs. 1.15 Cr | + 360 % | + 238.24 % |
Operating Profit | Rs. -0.19 Cr | Rs. -0.08 Cr | Rs. -0.71 Cr | -787.5 % | -273.68 % |
Net Profit | Rs. 0.03 Cr | Rs. 0.22 Cr | Rs. -0.99 Cr | -550 % | -3400 % |
EPS in Rs | Rs. 0.84 | Rs. 0.41 | Rs. -1.85 | -551.22 % | -320.24 % |
In reviewing Sunraj Diamond Exports Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 187.01 % year-on-year growth, however, there was a minor increase of 161.54 % from the previous quarter. Expenses rose by 238.24 % compared to the previous year, with a 360 % increase quarter-on-quarter. Operating Profit dropped by -273.68 % annually, and saw a -787.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -3400 %, and experienced a -550 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -320.24 % annually, however dipped by -551.22 % compared to the last quarter. In essence, while Sunraj Diamond Exports Ltd. 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.