UTKARSH SMALL FINANCE BANK LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Revenue increased by 2946.33 % in YoY and increased by 11.12 % in QoQ

The comprehensive analytics outlining the performance and outlook of UTKARSH SMALL FINANCE BANK 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.

Today, we’re looking at UTKARSH SMALL FINANCE BANK LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year revenue growth of 2946.33 %. However, it did see a marginal increase of 11.12 % from the previous quarter. Interest expenses surged remarkably by 9.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 2387.2 %. Expenses ticked up slightly by 9.53 % quarter-on-quarter, aligning with the annual rise of 57.56 %.
Financing profit, while up 132.24 % compared to last year, faced a quarter-on-quarter increase of 26.34 %, signaling a short-term expansion in margins. The Financing Margin % echoes this narrative, showing resilience on an annual basis with an increase of 934.79 %, but an expansion of 1.18 % sequentially. Other income rose by 46 % compared to the last quarter, despite an annual decline of -58.96 %. Profit before tax grew annually by 843.61 % but saw an increase from the preceding quarter by 37.03 %. Tax expenses as a percentage of profits increased slightly by 23.37 % compared to last year, With a more notable quarter-on-quarter decrease of -0.3 %.
Net profit rose by 623.1 % year-on-year, but experienced a 37.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -45.28 % but a quarterly rise of 27.19 %. The Gross NPA % indicates concerning trends with a quarterly drop of -0.01 % and In summary, UTKARSH SMALL FINANCE BANK LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing UTKARSH SMALL FINANCE BANK LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Revenue saw a robust 2946.33 % year-on-year growth, however, there was a minor increase of 11.12 % from the previous quarter. Interest expenses climbed by 9.89 % quarterly and sharply by 2387.2 % annually, demonstrating effective cost control and improved debt management. Expenses rose by 57.56 % compared to the previous year, with a 9.53 % increase quarter-on-quarter. Financing Profit surged by 132.24 % annually, and saw a 26.34 % increase from the last quarter.
Net Profit showed yearly increase of 623.1 %, and experienced a 37.57 % increase from the previous quarter. Earnings Per Share (EPS) fell by -45.28 % annually, however rose by 27.19 % compared to the last quarter. Gross NPA% decreased by -0.01 % quarterly In essence, while UTKARSH SMALL FINANCE BANK LIMITED faces strong annual decline 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.