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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 23.88 % in the past year, substantial increase in net sales/revenue by 6.1 %.
- 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 41.35 %. Marginal increase in other income during this quarter, up by 3.34%.
- Profit over the Year and quarter: Significant improvement in profitability for Triveni Turbine Limited. Notable increase of 37 % in net profit Year to Year, Triveni Turbine Limited’s profitability increased by 11.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 38.15 % Year to Year. EPS increased by 11.16 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 369.76 Cr | Rs. 431.7 Cr | Rs. 458.05 Cr | + 6.1 % | + 23.88 % |
Expenses | Rs. 303.42 Cr | Rs. 347.99 Cr | Rs. 368.23 Cr | + 5.82 % | + 21.36 % |
Operating Profit | Rs. 66.34 Cr | Rs. 83.71 Cr | Rs. 89.82 Cr | + 7.3 % | + 35.39 % |
OPM % | 17.94 % | 19.39 % | 19.61 % | + 0.22 % | + 1.67 % |
Other Income | Rs. 12.48 Cr | Rs. 17.07 Cr | Rs. 17.64 Cr | + 3.34 % | + 41.35 % |
Interest | Rs. 0.5 Cr | Rs. 0.59 Cr | Rs. 0.74 Cr | + 25.42 % | + 48 % |
Depreciation | Rs. 4.99 Cr | Rs. 5.48 Cr | Rs. 5.28 Cr | -3.65 % | + 5.81 % |
Profit before tax | Rs. 73.33 Cr | Rs. 94.71 Cr | Rs. 101.44 Cr | + 7.11 % | + 38.33 % |
Tax % | 24.15 % | 27.84 % | 25.01 % | -2.83 % | + 0.86 % |
Net Profit | Rs. 55.62 Cr | Rs. 68.3 Cr | Rs. 76.2 Cr | + 11.57 % | + 37 % |
EPS in Rs | Rs. 1.73 | Rs. 2.15 | Rs. 2.39 | + 11.16 % | + 38.15 % |
Today, we’re looking at Triveni Turbine 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 23.88 %. However, it did see a marginal increase of 6.1 % from the previous quarter. Expenses ticked up slightly by 5.82 % quarter-on-quarter, aligning with the annual rise of 21.36 %. Operating profit, while up 35.39 % compared to last year, faced a quarter-on-quarter increase of 7.3 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.67 %, but an expansion of 0.22 % sequentially. Other income rose by 3.34 % compared to the last quarter, despite an annual growth of 41.35 %. Interest expenses surged remarkably by 25.42 % from the previous quarter, yet the year-over-year increase remains at a moderate 48 %. Depreciation costs fell by -3.65 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.81 %. Profit before tax grew annually by 38.33 % but saw an increase from the preceding quarter by 7.11 %.
Tax expenses as a percentage of profits increased slightly by 0.86 % compared to last year, with a more notable quarter-on-quarter decrease of -2.83 %. Net profit rose by 37 % year-on-year but experienced a 11.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.15 % but a quarterly rise of 11.16 %. In summary, Triveni Turbine 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. 369.76 Cr | Rs. 431.7 Cr | Rs. 458.05 Cr | + 6.1 % | + 23.88 % |
Expenses | Rs. 303.42 Cr | Rs. 347.99 Cr | Rs. 368.23 Cr | + 5.82 % | + 21.36 % |
Operating Profit | Rs. 66.34 Cr | Rs. 83.71 Cr | Rs. 89.82 Cr | + 7.3 % | + 35.39 % |
Net Profit | Rs. 55.62 Cr | Rs. 68.3 Cr | Rs. 76.2 Cr | + 11.57 % | + 37 % |
EPS in Rs | Rs. 1.73 | Rs. 2.15 | Rs. 2.39 | + 11.16 % | + 38.15 % |
In reviewing Triveni Turbine Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.88 % year-on-year growth, however, there was a minor increase of 6.1 % from the previous quarter. Expenses rose by 21.36 % compared to the previous year, with a 5.82 % increase quarter-on-quarter. Operating Profit surged by 35.39 % annually, and saw a 7.3 % increase from the last quarter.
Net Profit showed yearly increase of 37 %, and experienced a 11.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 38.15 % annually, however rose by 11.16 % compared to the last quarter. In essence, while Triveni Turbine Limited 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.