NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Vakrangee Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 5.8 % in YoY and increased by 4.51 % in QoQ

May 10, 2024May 10, 2024| adminadmin| 0 Comments| 11:45 am
Image is loading
Categories:

Share the post "Vakrangee Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 5.8 % in YoY and increased by 4.51 % in QoQ"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 5.8 % in the past year, substantial increase in net sales/revenue by 4.51 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -16.47 %, Marginal increase in other income during this quarter, up by 26.79%.
  • Profit over the Year and quarter: Significant improvement in profitability for Vakrangee Limited. Notable increase of 220.94 % in net profit Year to Year, Vakrangee Limited’s profitability increased by 76.35 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 100.00 % Year to Year. EPS increased by 100 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Vakrangee 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 50.938 Cr Rs. 51.563 Cr Rs. 53.891 Cr + 4.51 % + 5.8 %
Expenses Rs. 46.22 Cr Rs. 45.34 Cr Rs. 46.28 Cr + 2.07 % + 0.13 %
Operating Profit Rs. 4.72 Cr Rs. 6.22 Cr Rs. 7.61 Cr + 22.35 % + 61.23 %
OPM % 9.27 % 12.06 % 14.12 % + 2.06 % + 4.85 %
Other Income Rs. 0.85 Cr Rs. 0.56 Cr Rs. 0.71 Cr + 26.79 % -16.47 %
Interest Rs. 1.52 Cr Rs. 1.93 Cr Rs. 1.96 Cr + 1.55 % + 28.95 %
Depreciation Rs. 3.39 Cr Rs. 3.93 Cr Rs. 3.85 Cr -2.04 % + 13.57 %
Profit before tax Rs. 0.66 Cr Rs. 0.92 Cr Rs. 2.51 Cr + 172.83 % + 280.3 %
Tax % 1.49 % 26.49 % 0.23 % -26.26 % -1.26 %
Net Profit Rs. 0.68 Cr Rs. 1.24 Cr Rs. 2.19 Cr + 76.61 % + 222.06 %
EPS in Rs Rs. 0.01 Rs. 0.01 Rs. 0.02 + 100 % + 100 %


Today, we’re looking at Vakrangee 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 5.8 %. However, it did see a marginal increase of 4.51 % from the previous quarter. Expenses ticked up slightly by 2.07 % quarter-on-quarter, aligning with the annual rise of 0.13 %. Operating profit, while up 61.23 % compared to last year, faced a quarter-on-quarter increase of 22.35 %, 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 4.85 %, but an expansion of 2.06 % sequentially. Other income rose by 26.79 % compared to the last quarter, despite an annual decline of -16.47 %. Interest expenses surged remarkably by 1.55 % from the previous quarter, yet the year-over-year increase remains at a moderate 28.95 %. Depreciation costs fell by -2.04 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.57 %. Profit before tax grew annually by 280.3 % but saw an increase from the preceding quarter by 172.83 %.
Tax expenses as a percentage of profits decreased slightly by -1.26 % compared to last year, with a more notable quarter-on-quarter decrease of -26.26 %. Net profit rose by 222.06 % year-on-year but experienced a 76.61 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 100 % but a quarterly rise of 100 %. In summary, Vakrangee 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. 50.938 Cr Rs. 51.563 Cr Rs. 53.891 Cr + 4.51 % + 5.8 %
Expenses Rs. 46.22 Cr Rs. 45.34 Cr Rs. 46.28 Cr + 2.07 % + 0.13 %
Operating Profit Rs. 4.72 Cr Rs. 6.22 Cr Rs. 7.61 Cr + 22.35 % + 61.23 %
Net Profit Rs. 0.68 Cr Rs. 1.24 Cr Rs. 2.19 Cr + 76.61 % + 222.06 %
EPS in Rs Rs. 0.01 Rs. 0.01 Rs. 0.02 + 100 % + 100 %


In reviewing Vakrangee Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.8 % year-on-year growth, however, there was a minor increase of 4.51 % from the previous quarter. Expenses rose by 0.13 % compared to the previous year, with a 2.07 % increase quarter-on-quarter. Operating Profit surged by 61.23 % annually, and saw a 22.35 % increase from the last quarter.
Net Profit showed yearly increase of 222.06 %, and experienced a 76.61 % increase from the previous quarter. Earnings Per Share (EPS) rose by 100 % annually, however rose by 100 % compared to the last quarter. In essence, while Vakrangee 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.

[my_shortcode1 values=”Vakrangee Limited”]

Related Post