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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 111.98 % in the past year, substantial increase in net sales/revenue by 11.73 %.
- 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 233.33 %. Marginal decrease of -63.07% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Veranda Learning Solutions Limited. Profit dropped by -0.35 % Year to Year, Veranda Learning Solutions Limited’s profitability increased by 130.61 % in this quarter.
- EPS over the Year and quarter: EPS declined by -5.57 % Year to Year. EPS increased by 138.15 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 48.406 Cr | Rs. 91.843 Cr | Rs. 102.613 Cr | + 11.73 % | + 111.98 % |
Expenses | Rs. 69 Cr | Rs. 78.17 Cr | Rs. 81.19 Cr | + 3.86 % | + 17.67 % |
Operating Profit | Rs. -20.59 Cr | Rs. 13.67 Cr | Rs. 21.42 Cr | + 56.69 % | + 204.03 % |
OPM % | -42.54 % | 14.88 % | 20.87 % | + 5.99 % | + 63.41 % |
Other Income | Rs. 0.39 Cr | Rs. 3.52 Cr | Rs. 1.3 Cr | -63.07 % | + 233.33 % |
Interest | Rs. 5.15 Cr | Rs. 19.91 Cr | Rs. 39.51 Cr | + 98.44 % | + 667.18 % |
Depreciation | Rs. 17.67 Cr | Rs. 17.7 Cr | Rs. 22.55 Cr | + 27.4 % | + 27.62 % |
Profit before tax | Rs. -43.02 Cr | Rs. -20.42 Cr | Rs. -39.34 Cr | -92.65 % | + 8.55 % |
Tax % | -10.1 % | -18.17 % | -2.04 % | + 16.13 % | + 8.06 % |
Net Profit | Rs. -38.68 Cr | Rs. -16.71 Cr | Rs. -38.54 Cr | -130.64 % | + 0.36 % |
EPS in Rs | Rs. -6.28 | Rs. -2.49 | Rs. -5.93 | -138.15 % | + 5.57 % |
Today, we’re looking at Veranda Learning Solutions 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 111.98 %. However, it did see a marginal increase of 11.73 % from the previous quarter. Expenses ticked up slightly by 3.86 % quarter-on-quarter, aligning with the annual rise of 17.67 %. Operating profit, while up 204.03 % compared to last year, faced a quarter-on-quarter increase of 56.69 %, 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 63.41 %, but an expansion of 5.99 % sequentially. Other income fell by -63.07 % compared to the last quarter, despite an annual growth of 233.33 %. Interest expenses surged remarkably by 98.44 % from the previous quarter, yet the year-over-year increase remains at a moderate 667.18 %. Depreciation costs climbed by 27.4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 27.62 %. Profit before tax grew annually by 8.55 % but saw a reduction from the preceding quarter by -92.65 %.
Tax expenses as a percentage of profits increased slightly by 8.06 % compared to last year, with a more notable quarter-on-quarter increase of 16.13 %. Net profit rose by 0.36 % year-on-year but witnessed a -130.64 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.57 % but a quarterly fall of -138.15 %. In summary, Veranda Learning Solutions 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. 48.406 Cr | Rs. 91.843 Cr | Rs. 102.613 Cr | + 11.73 % | + 111.98 % |
Expenses | Rs. 69 Cr | Rs. 78.17 Cr | Rs. 81.19 Cr | + 3.86 % | + 17.67 % |
Operating Profit | Rs. -20.59 Cr | Rs. 13.67 Cr | Rs. 21.42 Cr | + 56.69 % | + 204.03 % |
Net Profit | Rs. -38.68 Cr | Rs. -16.71 Cr | Rs. -38.54 Cr | -130.64 % | + 0.36 % |
EPS in Rs | Rs. -6.28 | Rs. -2.49 | Rs. -5.93 | -138.15 % | + 5.57 % |
In reviewing Veranda Learning Solutions Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 111.98 % year-on-year growth, however, there was a minor increase of 11.73 % from the previous quarter. Expenses rose by 17.67 % compared to the previous year, with a 3.86 % increase quarter-on-quarter. Operating Profit surged by 204.03 % annually, and saw a 56.69 % increase from the last quarter.
Net Profit showed yearly increase of 0.36 %, and experienced a -130.64 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 5.57 % annually, however dipped by -138.15 % compared to the last quarter. In essence, while Veranda Learning Solutions Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.