Highlights
- Sales over the Year and quarter: The company’s sales declined by -86.69 % over the year, substantial increase in net sales/revenue by 60.88 %.
- 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 91.59 %. Marginal decrease of -44.58% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for V.S.T.Tillers Tractors Ltd.. Profit dropped by -73.46 % Year to Year, V.S.T.Tillers Tractors Ltd.’s profitability increased by 105.99 % in this quarter.
- EPS over the Year and quarter: EPS increased by 3,730.48 % Year to Year. EPS increased by 105.94 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2053.87 Cr | Rs. 169.96 Cr | Rs. 273.44 Cr | + 60.88 % | -86.69 % |
Expenses | Rs. 1828.88 Cr | Rs. 160.42 Cr | Rs. 233.61 Cr | + 45.62 % | -87.23 % |
Operating Profit | Rs. 224.99 Cr | Rs. 9.54 Cr | Rs. 39.83 Cr | + 317.51 % | -82.3 % |
OPM % | 10.95 % | 5.61 % | 14.57 % | + 8.96 % | + 3.62 % |
Other Income | Rs. 5.23 Cr | Rs. 18.08 Cr | Rs. 10.02 Cr | -44.58 % | + 91.59 % |
Interest | Rs. 50.34 Cr | Rs. 0.59 Cr | Rs. 0.52 Cr | -11.86 % | -98.97 % |
Depreciation | Rs. 52.53 Cr | Rs. 6.78 Cr | Rs. 6.67 Cr | -1.62 % | -87.3 % |
Profit before tax | Rs. 127.35 Cr | Rs. 20.25 Cr | Rs. 42.66 Cr | + 110.67 % | -66.5 % |
Tax % | 2.8 % | 16.63 % | 18.38 % | + 1.75 % | + 15.58 % |
Net Profit | Rs. 130.91 Cr | Rs. 16.87 Cr | Rs. 34.75 Cr | + 105.99 % | -73.46 % |
EPS in Rs | Rs. 1.05 | Rs. 19.53 | Rs. 40.22 | + 105.94 % | + 3730.48 % |
Today, we’re looking at V.S.T.Tillers Tractors Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -86.69 %. However, it did see a marginal increase of 60.88 % from the previous quarter. Expenses ticked up slightly by 45.62 % quarter-on-quarter, aligning with the annual decline of -87.23 %. Operating profit, while down -82.3 % compared to last year, faced a quarter-on-quarter increase of 317.51 %, 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 3.62 %, but an expansion of 8.96 % sequentially. Other income fell by -44.58 % compared to the last quarter, despite an annual growth of 91.59 %. Interest expenses dropped significantly by -11.86 % from the previous quarter, yet the year-over-year decrease remains at a moderate -98.97 %. Depreciation costs fell by -1.62 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -87.3 %. Profit before tax declined annually by -66.5 % but saw an increase from the preceding quarter by 110.67 %.
Tax expenses as a percentage of profits increased slightly by 15.58 % compared to last year, with a more notable quarter-on-quarter increase of 1.75 %. Net profit fell by -73.46 % year-on-year but experienced a 105.99 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 3730.48 % but a quarterly rise of 105.94 %. In summary, V.S.T.Tillers Tractors 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. 2053.87 Cr | Rs. 169.96 Cr | Rs. 273.44 Cr | + 60.88 % | -86.69 % |
Expenses | Rs. 1828.88 Cr | Rs. 160.42 Cr | Rs. 233.61 Cr | + 45.62 % | -87.23 % |
Operating Profit | Rs. 224.99 Cr | Rs. 9.54 Cr | Rs. 39.83 Cr | + 317.51 % | -82.3 % |
Net Profit | Rs. 130.91 Cr | Rs. 16.87 Cr | Rs. 34.75 Cr | + 105.99 % | -73.46 % |
EPS in Rs | Rs. 1.05 | Rs. 19.53 | Rs. 40.22 | + 105.94 % | + 3730.48 % |
In reviewing V.S.T.Tillers Tractors Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -86.69 % year-on-year, however, there was a minor increase of 60.88 % from the previous quarter. Expenses decreased by -87.23 % compared to the previous year, with a 45.62 % increase quarter-on-quarter. Operating Profit dropped by -82.3 % annually, and saw a 317.51 % increase from the last quarter.
Net Profit showed yearly decrease of -73.46 %, and experienced a 105.99 % increase from the previous quarter. Earnings Per Share (EPS) rose by 3730.48 % annually, however rose by 105.94 % compared to the last quarter. In essence, while V.S.T.Tillers Tractors Ltd. 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.