Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 52.17 % in the past year, substantial increase in net sales/revenue by 7.26 %.
- 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 56.6 %. Marginal decrease of -16.16% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Veer Energy & Infrastructure Limited. Profit dropped by -68.91 % Year to Year, Veer Energy & Infrastructure Limited’s profitability increased by 226.23 % in this quarter.
- EPS over the Year and quarter: EPS declined by -69.05 % Year to Year. EPS increased by 225 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2.147 Cr | Rs. 3.046 Cr | Rs. 3.267 Cr | + 7.26 % | + 52.17 % |
| Expenses | Rs. 2.21 Cr | Rs. 3.45 Cr | Rs. 3.83 Cr | + 11.01 % | + 73.3 % |
| Operating Profit | Rs. -0.06 Cr | Rs. -0.4 Cr | Rs. -0.56 Cr | -40 % | -833.33 % |
| OPM % | -2.79 % | -13.13 % | -17.14 % | -4.01 % | -14.35 % |
| Other Income | Rs. 0.53 Cr | Rs. 0.99 Cr | Rs. 0.83 Cr | -16.16 % | + 56.6 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.19 Cr | Rs. 0.19 Cr | Rs. 0.17 Cr | -10.53 % | -10.53 % |
| Profit before tax | Rs. 0.28 Cr | Rs. 0.4 Cr | Rs. 0.1 Cr | -75 % | -64.29 % |
| Tax % | 133.58 % | 0 % | 121.11 % | + 121.11 % | -12.47 % |
| Net Profit | Rs. 0.64 Cr | Rs. 0.06 Cr | Rs. 0.2 Cr | + 233.33 % | -68.75 % |
| EPS in Rs | Rs. 0.42 | Rs. 0.04 | Rs. 0.13 | + 225 % | -69.05 % |
Today, we’re looking at Veer Energy & Infrastructure 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 52.17 %. However, it did see a marginal increase of 7.26 % from the previous quarter. Expenses ticked up slightly by 11.01 % quarter-on-quarter, aligning with the annual rise of 73.3 %. Operating profit, while down -833.33 % compared to last year, faced a quarter-on-quarter dip of -40 %, 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 -14.35 %, but a shrinkage of -4.01 % sequentially. Other income fell by -16.16 % compared to the last quarter, despite an annual growth of 56.6 %. Depreciation costs fell by -10.53 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.53 %. Profit before tax declined annually by -64.29 % but saw a reduction from the preceding quarter by -75 %.
Tax expenses as a percentage of profits decreased slightly by -12.47 % compared to last year, with a more notable quarter-on-quarter increase of 121.11 %. Net profit fell by -68.75 % year-on-year but experienced a 233.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -69.05 % but a quarterly rise of 225 %. In summary, Veer Energy & Infrastructure 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. 2.147 Cr | Rs. 3.046 Cr | Rs. 3.267 Cr | + 7.26 % | + 52.17 % |
| Expenses | Rs. 2.21 Cr | Rs. 3.45 Cr | Rs. 3.83 Cr | + 11.01 % | + 73.3 % |
| Operating Profit | Rs. -0.06 Cr | Rs. -0.4 Cr | Rs. -0.56 Cr | -40 % | -833.33 % |
| Net Profit | Rs. 0.64 Cr | Rs. 0.06 Cr | Rs. 0.2 Cr | + 233.33 % | -68.75 % |
| EPS in Rs | Rs. 0.42 | Rs. 0.04 | Rs. 0.13 | + 225 % | -69.05 % |
In reviewing Veer Energy & Infrastructure Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 52.17 % year-on-year growth, however, there was a minor increase of 7.26 % from the previous quarter. Expenses rose by 73.3 % compared to the previous year, with a 11.01 % increase quarter-on-quarter. Operating Profit dropped by -833.33 % annually, and saw a -40 % decrease from the last quarter.
Net Profit showed yearly decrease of -68.75 %, and experienced a 233.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -69.05 % annually, however rose by 225 % compared to the last quarter. In essence, while Veer Energy & Infrastructure 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.
