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Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.61 % over the year, decrease in net sales/revenue by -2.44 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -25.76 %, Marginal decrease of -44.94% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vimta Labs Limited. Profit dropped by -2.62 % Year to Year, Vimta Labs Limited’s profitability increased by 21.9 % in this quarter.
- EPS over the Year and quarter: EPS declined by -2.62 % Year to Year. EPS increased by 22.1 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 81.82 Cr | Rs. 81.679 Cr | Rs. 79.688 Cr | -2.44 % | -2.61 % |
Expenses | Rs. 57.64 Cr | Rs. 59.84 Cr | Rs. 55.27 Cr | -7.64 % | -4.11 % |
Operating Profit | Rs. 24.18 Cr | Rs. 21.84 Cr | Rs. 24.42 Cr | + 11.81 % | + 0.99 % |
OPM % | 29.55 % | 26.74 % | 30.64 % | + 3.9 % | + 1.09 % |
Other Income | Rs. 0.66 Cr | Rs. 0.89 Cr | Rs. 0.49 Cr | -44.94 % | -25.76 % |
Interest | Rs. 0.25 Cr | Rs. 0.54 Cr | Rs. 0.53 Cr | -1.85 % | + 112 % |
Depreciation | Rs. 8.04 Cr | Rs. 8.69 Cr | Rs. 8.09 Cr | -6.9 % | + 0.62 % |
Profit before tax | Rs. 16.55 Cr | Rs. 13.5 Cr | Rs. 16.29 Cr | + 20.67 % | -1.57 % |
Tax % | 23.38 % | 24.98 % | 24.15 % | -0.83 % | + 0.77 % |
Net Profit | Rs. 12.68 Cr | Rs. 10.13 Cr | Rs. 12.35 Cr | + 21.92 % | -2.6 % |
EPS in Rs | Rs. 5.73 | Rs. 4.57 | Rs. 5.58 | + 22.1 % | -2.62 % |
Today, we’re looking at Vimta Labs 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 -2.61 %. However, it did see a marginal slip of -2.44 % from the previous quarter. Expenses decreased slightly by -7.64 % quarter-on-quarter, aligning with the annual decline of -4.11 %. Operating profit, while up 0.99 % compared to last year, faced a quarter-on-quarter increase of 11.81 %, 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 1.09 %, but an expansion of 3.9 % sequentially. Other income fell by -44.94 % compared to the last quarter, despite an annual decline of -25.76 %. Interest expenses dropped significantly by -1.85 % from the previous quarter, yet the year-over-year increase remains at a moderate 112 %. Depreciation costs fell by -6.9 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.62 %. Profit before tax declined annually by -1.57 % but saw an increase from the preceding quarter by 20.67 %.
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 -0.83 %. Net profit fell by -2.6 % year-on-year but experienced a 21.92 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -2.62 % but a quarterly rise of 22.1 %. In summary, Vimta Labs 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. 81.82 Cr | Rs. 81.679 Cr | Rs. 79.688 Cr | -2.44 % | -2.61 % |
Expenses | Rs. 57.64 Cr | Rs. 59.84 Cr | Rs. 55.27 Cr | -7.64 % | -4.11 % |
Operating Profit | Rs. 24.18 Cr | Rs. 21.84 Cr | Rs. 24.42 Cr | + 11.81 % | + 0.99 % |
Net Profit | Rs. 12.68 Cr | Rs. 10.13 Cr | Rs. 12.35 Cr | + 21.92 % | -2.6 % |
EPS in Rs | Rs. 5.73 | Rs. 4.57 | Rs. 5.58 | + 22.1 % | -2.62 % |
In reviewing Vimta Labs Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.61 % year-on-year, although there was a slight dip of -2.44 % from the previous quarter. Expenses decreased by -4.11 % compared to the previous year, with a decrease of -7.64 % quarter-on-quarter. Operating Profit surged by 0.99 % annually, and saw a 11.81 % increase from the last quarter.
Net Profit showed yearly decrease of -2.6 %, and experienced a 21.92 % increase from the previous quarter. Earnings Per Share (EPS) fell by -2.62 % annually, however rose by 22.1 % compared to the last quarter. In essence, while Vimta Labs Limited faces strong annual decline 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.