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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 248.03 % in the past year, decrease in net sales/revenue by -5.74 %.
- 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 175.36 %. Marginal decrease of -94.52% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for V.B.C. Ferro Alloys Ltd.. Profit dropped by -4258.23 % Year to Year, V.B.C. Ferro Alloys Ltd.’s profitability increased by 19.04 % in this quarter.
- EPS over the Year and quarter: EPS declined by -4,110.00 % Year to Year. EPS increased by 18.99 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 10.082 Cr | Rs. 37.225 Cr | Rs. 35.088 Cr | -5.74 % | + 248.03 % |
Expenses | Rs. 8.55 Cr | Rs. 58.71 Cr | Rs. 41.04 Cr | -30.1 % | + 380 % |
Operating Profit | Rs. 1.53 Cr | Rs. -21.49 Cr | Rs. -5.95 Cr | + 72.31 % | -488.89 % |
OPM % | 15.18 % | -57.73 % | -16.96 % | + 40.77 % | -32.14 % |
Other Income | Rs. 0.422 Cr | Rs. 21.199 Cr | Rs. 1.162 Cr | -94.52 % | + 175.36 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.03 Cr | + 200 % | + 200 % |
Depreciation | Rs. 1.79 Cr | Rs. 5.23 Cr | Rs. 1.75 Cr | -66.54 % | -2.23 % |
Profit before tax | Rs. 0.15 Cr | Rs. -5.53 Cr | Rs. -6.57 Cr | -18.81 % | -4480 % |
Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. 0.16 Cr | Rs. -5.52 Cr | Rs. -6.57 Cr | -19.02 % | -4206.25 % |
EPS in Rs | Rs. 0.1 | Rs. -3.37 | Rs. -4.01 | -18.99 % | -4110 % |
Today, we’re looking at V.B.C. Ferro Alloys Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 248.03 %. However, it did see a marginal slip of -5.74 % from the previous quarter. Expenses decreased slightly by -30.1 % quarter-on-quarter, aligning with the annual rise of 380 %. Operating profit, while down -488.89 % compared to last year, faced a quarter-on-quarter increase of 72.31 %, 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 -32.14 %, but an expansion of 40.77 % sequentially. Other income fell by -94.52 % compared to the last quarter, despite an annual growth of 175.36 %. Interest expenses surged remarkably by 200 % from the previous quarter, yet the year-over-year increase remains at a moderate 200 %. Depreciation costs fell by -66.54 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.23 %. Profit before tax declined annually by -4480 % but saw a reduction from the preceding quarter by -18.81 %.
Net profit fell by -4206.25 % year-on-year but witnessed a -19.02 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4110 % but a quarterly fall of -18.99 %. In summary, V.B.C. Ferro Alloys 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. 10.082 Cr | Rs. 37.225 Cr | Rs. 35.088 Cr | -5.74 % | + 248.03 % |
Expenses | Rs. 8.55 Cr | Rs. 58.71 Cr | Rs. 41.04 Cr | -30.1 % | + 380 % |
Operating Profit | Rs. 1.53 Cr | Rs. -21.49 Cr | Rs. -5.95 Cr | + 72.31 % | -488.89 % |
Net Profit | Rs. 0.16 Cr | Rs. -5.52 Cr | Rs. -6.57 Cr | -19.02 % | -4206.25 % |
EPS in Rs | Rs. 0.1 | Rs. -3.37 | Rs. -4.01 | -18.99 % | -4110 % |
In reviewing V.B.C. Ferro Alloys Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 248.03 % year-on-year growth, although there was a slight dip of -5.74 % from the previous quarter. Expenses rose by 380 % compared to the previous year, with a decrease of -30.1 % quarter-on-quarter. Operating Profit dropped by -488.89 % annually, and saw a 72.31 % increase from the last quarter.
Net Profit showed yearly decrease of -4206.25 %, and experienced a -19.02 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -4110 % annually, however dipped by -18.99 % compared to the last quarter. In essence, while V.B.C. Ferro Alloys 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.
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