NIFTY 50 23345.4 ▲ (0%)
NIFTY NEXT 50 64826.45 ▼ (0.43%)
NIFTY 100 24030.7 ▼ (0.08%)
NIFTY MIDCAP 100 54960.95 ▼ (0.26%)
NIFTY SMALLCAP 100 17879.05 ▲ (0.08%)
NIFTY SMALLCAP 250 16861.25 ▲ (0.12%)
NIFTY MIDCAP SELECT 12282.8 ▼ (0.6%)
NIFTY TOTAL MARKET 12299.3 ▼ (0.04%)
NIFTY BANK 49212.3 ▼ (0.28%)
SENSEX 76880.92 ▼ (0.25%)
BSE BANKEX 55826.07 ▼ (0.38%)

Vardhman Concrete Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : and decreased by 99.98 % in QoQ

May 8, 2024May 8, 2024| adminadmin| 0 Comments| 4:20 pm
Image is loading
Categories:

Share the post "Vardhman Concrete Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : and decreased by 99.98 % in QoQ"

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

Highlights

  • Sales over the Year and quarter: decrease in net sales/revenue by -99.98 %.
  • Income over the Year and quarter:
  • Profit over the Year and quarter: Significant improvement in profitability for Vardhman Concrete Limited. Notable increase of 285.61 % in net profit Year to Year, Vardhman Concrete Limited’s profitability dropped by -114.07 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 285.00 % Year to Year. EPS decreased by -113.99 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Vardhman Concrete 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. 56.546 Cr Rs. 47.855 Cr Rs. 0.01 Cr -99.98 % -99.82 %
Expenses Rs. 0.06 Cr Rs. 40.27 Cr Rs. 0.87 Cr -97.84 % + 1350 %
Operating Profit Rs. 56.49 Cr Rs. 7.59 Cr Rs. -0.86 Cr -111.33 % -101.52 %
OPM % 99.9 % 15.86 % -8600 % -8615.86 % -8699.9 %
Other Income Rs. -0 Cr Rs. 2.54 Cr Rs. -0 Cr 0 % + 0 %
Interest Rs. 0.22 Cr Rs. 0.13 Cr Rs. 0.23 Cr + 76.92 % + 4.55 %
Depreciation Rs. 0.01 Cr Rs. 1.18 Cr Rs. 0.01 Cr -99.15 % + 0 %
Profit before tax Rs. 56.26 Cr Rs. 8.82 Cr Rs. -1.1 Cr -112.47 % -101.96 %
Tax % -1.04 % 11.37 % -0.27 % -11.64 % + 0.77 %
Net Profit Rs. -0.29 Cr Rs. 7.81 Cr Rs. -1.1 Cr -114.08 % -279.31 %
EPS in Rs Rs. -0.4 Rs. 11.01 Rs. -1.54 -113.99 % -285 %


Today, we’re looking at Vardhman Concrete Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -99.82 %. However, it did see a marginal slip of -99.98 % from the previous quarter. Expenses decreased slightly by -97.84 % quarter-on-quarter, aligning with the annual rise of 1350 %. Operating profit, while down -101.52 % compared to last year, faced a quarter-on-quarter dip of -111.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -8699.9 %, but a shrinkage of -8615.86 % sequentially. Other income fell by -35.04 % compared to the last quarter, despite an annual growth of 83.33 %. Interest expenses surged remarkably by 76.92 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.55 %. Depreciation costs fell by -99.15 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -101.96 % but saw a reduction from the preceding quarter by -112.47 %.
Tax expenses as a percentage of profits increased slightly by 0.77 % compared to last year, with a more notable quarter-on-quarter decrease of -11.64 %. Net profit fell by -279.31 % year-on-year but witnessed a -114.08 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -285 % but a quarterly fall of -113.99 %. In summary, Vardhman Concrete 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. 56.546 Cr Rs. 47.855 Cr Rs. 0.01 Cr -99.98 % -99.82 %
Expenses Rs. 0.06 Cr Rs. 40.27 Cr Rs. 0.87 Cr -97.84 % + 1350 %
Operating Profit Rs. 56.49 Cr Rs. 7.59 Cr Rs. -0.86 Cr -111.33 % -101.52 %
Net Profit Rs. -0.29 Cr Rs. 7.81 Cr Rs. -1.1 Cr -114.08 % -279.31 %
EPS in Rs Rs. -0.4 Rs. 11.01 Rs. -1.54 -113.99 % -285 %


In reviewing Vardhman Concrete Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -99.82 % year-on-year, although there was a slight dip of -99.98 % from the previous quarter. Expenses rose by 1350 % compared to the previous year, with a decrease of -97.84 % quarter-on-quarter. Operating Profit dropped by -101.52 % annually, and saw a -111.33 % decrease from the last quarter.
Net Profit showed yearly decrease of -279.31 %, and experienced a -114.08 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -285 % annually, however dipped by -113.99 % compared to the last quarter. In essence, while Vardhman Concrete Limited 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.

[my_shortcode1 values=”Vardhman Concrete Limited”]

Related Post