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Viksit Engineering : Q4 2024 Financial Quarterly Report

June 30, 2024June 30, 2024| adminadmin| 0 Comments| 9:30 pm
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Highlights

  • Sales over the Year and quarter:
  • Income over the Year and quarter: Marginal decrease of % in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Viksit Engineering Ltd. Profit dropped by -82.56 % Year to Year, Viksit Engineering Ltd’s profitability increased by 354.5 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -82.57 % Year to Year. EPS increased by 354.01 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Viksit Engineering Ltd”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. 0 Cr Rs. 0 Cr Rs. 1.396 Cr 0 % 0 %
Expenses Rs. 0.03 Cr Rs. 0.23 Cr Rs. 1.51 Cr + 556.52 % + 4933.33 %
Operating Profit Rs. -0.03 Cr Rs. -0.23 Cr Rs. -0.11 Cr + 52.17 % -266.67 %
OPM % 0 % 0 % -7.88 % -7.88 % -7.88 %
Other Income Rs. 0 Cr Rs. 0.02 Cr Rs. -0 Cr 0 % 0 %
Interest Rs. 0.1 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0.02 Cr 0 % 0 %
Profit before tax Rs. -0.13 Cr Rs. -0.21 Cr Rs. -0.13 Cr + 38.1 % + 0 %
Tax % -0.31 % -0 % -0.42 % -0.42 % -0.11 %
Net Profit Rs. -5.5 Cr Rs. -0.21 Cr Rs. -0.96 Cr -357.14 % + 82.55 %
EPS in Rs Rs. -220.87 Rs. -8.48 Rs. -38.5 -354.01 % + 82.57 %


Today, we’re looking at Viksit Engineering Ltd’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 556.52 % quarter-on-quarter, aligning with the annual rise of 4933.33 %. Operating profit, while down -266.67 % compared to last year, faced a quarter-on-quarter increase of 52.17 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7.88 %, but a shrinkage of -7.88 % sequentially. Profit before tax grew annually by 0 % but saw an increase from the preceding quarter by 38.1 %.
Tax expenses as a percentage of profits decreased slightly by -0.11 % compared to last year, with a more notable quarter-on-quarter decrease of -0.42 %. Net profit rose by 82.55 % year-on-year but witnessed a -357.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 82.57 % but a quarterly fall of -354.01 %. In summary, Viksit Engineering Ltd’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. 0 Cr Rs. 0 Cr Rs. 1.396 Cr 0 % 0 %
Expenses Rs. 0.03 Cr Rs. 0.23 Cr Rs. 1.51 Cr + 556.52 % + 4933.33 %
Operating Profit Rs. -0.03 Cr Rs. -0.23 Cr Rs. -0.11 Cr + 52.17 % -266.67 %
Net Profit Rs. -5.5 Cr Rs. -0.21 Cr Rs. -0.96 Cr -357.14 % + 82.55 %
EPS in Rs Rs. -220.87 Rs. -8.48 Rs. -38.5 -354.01 % + 82.57 %


In reviewing Viksit Engineering Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 4933.33 % compared to the previous year, with a 556.52 % increase quarter-on-quarter. Operating Profit dropped by -266.67 % annually, and saw a 52.17 % increase from the last quarter.
Net Profit showed yearly increase of 82.55 %, and experienced a -357.14 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 82.57 % annually, however dipped by -354.01 % compared to the last quarter. In essence, while Viksit Engineering Ltd 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.

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