Share the post "Vijaya Diagnostic Centre Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 28.28 % in YoY and increased by 16.97 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 28.28 % in the past year, substantial increase in net sales/revenue by 16.97 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -28.1 %, Marginal decrease of -36.4% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Vijaya Diagnostic Centre Limited. Notable increase of 21.46 % in net profit Year to Year, Vijaya Diagnostic Centre Limited’s profitability increased by 29.53 % in this quarter.
- EPS over the Year and quarter: EPS increased by 21.56 % Year to Year. EPS increased by 29.25 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 120.993 Cr | Rs. 132.692 Cr | Rs. 155.205 Cr | + 16.97 % | + 28.28 % |
| Expenses | Rs. 71.89 Cr | Rs. 80.39 Cr | Rs. 92.1 Cr | + 14.57 % | + 28.11 % |
| Operating Profit | Rs. 49.1 Cr | Rs. 52.3 Cr | Rs. 63.11 Cr | + 20.67 % | + 28.53 % |
| OPM % | 40.58 % | 39.41 % | 40.66 % | + 1.25 % | + 0.08 % |
| Other Income | Rs. 4.52 Cr | Rs. 5.11 Cr | Rs. 3.25 Cr | -36.4 % | -28.1 % |
| Interest | Rs. 5.77 Cr | Rs. 6.06 Cr | Rs. 6.19 Cr | + 2.15 % | + 7.28 % |
| Depreciation | Rs. 11.36 Cr | Rs. 14.54 Cr | Rs. 16.3 Cr | + 12.1 % | + 43.49 % |
| Profit before tax | Rs. 36.49 Cr | Rs. 36.81 Cr | Rs. 43.87 Cr | + 19.18 % | + 20.22 % |
| Tax % | 24.04 % | 25.21 % | 23.23 % | -1.98 % | -0.81 % |
| Net Profit | Rs. 27.73 Cr | Rs. 26 Cr | Rs. 33.68 Cr | + 29.54 % | + 21.46 % |
| EPS in Rs | Rs. 2.69 | Rs. 2.53 | Rs. 3.27 | + 29.25 % | + 21.56 % |
Today, we’re looking at Vijaya Diagnostic Centre 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 28.28 %. However, it did see a marginal increase of 16.97 % from the previous quarter. Expenses ticked up slightly by 14.57 % quarter-on-quarter, aligning with the annual rise of 28.11 %. Operating profit, while up 28.53 % compared to last year, faced a quarter-on-quarter increase of 20.67 %, 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 0.08 %, but an expansion of 1.25 % sequentially. Other income fell by -36.4 % compared to the last quarter, despite an annual decline of -28.1 %. Interest expenses surged remarkably by 2.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.28 %. Depreciation costs climbed by 12.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 43.49 %. Profit before tax grew annually by 20.22 % but saw an increase from the preceding quarter by 19.18 %.
Tax expenses as a percentage of profits decreased slightly by -0.81 % compared to last year, with a more notable quarter-on-quarter decrease of -1.98 %. Net profit rose by 21.46 % year-on-year but experienced a 29.54 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.56 % but a quarterly rise of 29.25 %. In summary, Vijaya Diagnostic Centre 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. 120.993 Cr | Rs. 132.692 Cr | Rs. 155.205 Cr | + 16.97 % | + 28.28 % |
| Expenses | Rs. 71.89 Cr | Rs. 80.39 Cr | Rs. 92.1 Cr | + 14.57 % | + 28.11 % |
| Operating Profit | Rs. 49.1 Cr | Rs. 52.3 Cr | Rs. 63.11 Cr | + 20.67 % | + 28.53 % |
| Net Profit | Rs. 27.73 Cr | Rs. 26 Cr | Rs. 33.68 Cr | + 29.54 % | + 21.46 % |
| EPS in Rs | Rs. 2.69 | Rs. 2.53 | Rs. 3.27 | + 29.25 % | + 21.56 % |
In reviewing Vijaya Diagnostic Centre Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 28.28 % year-on-year growth, however, there was a minor increase of 16.97 % from the previous quarter. Expenses rose by 28.11 % compared to the previous year, with a 14.57 % increase quarter-on-quarter. Operating Profit surged by 28.53 % annually, and saw a 20.67 % increase from the last quarter.
Net Profit showed yearly increase of 21.46 %, and experienced a 29.54 % increase from the previous quarter. Earnings Per Share (EPS) rose by 21.56 % annually, however rose by 29.25 % compared to the last quarter. In essence, while Vijaya Diagnostic Centre 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.
