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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 34.06 % in the past year, substantial increase in net sales/revenue by 5.43 %.
- 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 13.89 %. Marginal increase in other income during this quarter, up by 105%.
- Profit over the Year and quarter: Significant improvement in profitability for Vippy Spinpro Ltd.. Notable increase of 1168.04 % in net profit Year to Year, Vippy Spinpro Ltd.’s profitability increased by 261.59 % in this quarter.
- EPS over the Year and quarter: EPS increased by 1,178.38 % Year to Year. EPS increased by 261.07 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 47.218 Cr | Rs. 60.042 Cr | Rs. 63.302 Cr | + 5.43 % | + 34.06 % |
Expenses | Rs. 44.87 Cr | Rs. 56.16 Cr | Rs. 56.37 Cr | + 0.37 % | + 25.63 % |
Operating Profit | Rs. 2.35 Cr | Rs. 3.88 Cr | Rs. 6.93 Cr | + 78.61 % | + 194.89 % |
OPM % | 4.98 % | 6.46 % | 10.95 % | + 4.49 % | + 5.97 % |
Other Income | Rs. 0.36 Cr | Rs. 0.2 Cr | Rs. 0.41 Cr | + 105 % | + 13.89 % |
Interest | Rs. 0.36 Cr | Rs. 0.59 Cr | Rs. 0.99 Cr | + 67.8 % | + 175 % |
Depreciation | Rs. 2.01 Cr | Rs. 2.39 Cr | Rs. 2.66 Cr | + 11.3 % | + 32.34 % |
Profit before tax | Rs. 0.34 Cr | Rs. 1.1 Cr | Rs. 3.69 Cr | + 235.45 % | + 985.29 % |
Tax % | 36.34 % | 30.34 % | 24.71 % | -5.63 % | -11.63 % |
Net Profit | Rs. 0.22 Cr | Rs. 0.77 Cr | Rs. 2.78 Cr | + 261.04 % | + 1163.64 % |
EPS in Rs | Rs. 0.37 | Rs. 1.31 | Rs. 4.73 | + 261.07 % | + 1178.38 % |
Today, we’re looking at Vippy Spinpro Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 34.06 %. However, it did see a marginal increase of 5.43 % from the previous quarter. Expenses ticked up slightly by 0.37 % quarter-on-quarter, aligning with the annual rise of 25.63 %. Operating profit, while up 194.89 % compared to last year, faced a quarter-on-quarter increase of 78.61 %, 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 5.97 %, but an expansion of 4.49 % sequentially. Other income rose by 105 % compared to the last quarter, despite an annual growth of 13.89 %. Interest expenses surged remarkably by 67.8 % from the previous quarter, yet the year-over-year increase remains at a moderate 175 %. Depreciation costs climbed by 11.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 32.34 %. Profit before tax grew annually by 985.29 % but saw an increase from the preceding quarter by 235.45 %.
Tax expenses as a percentage of profits decreased slightly by -11.63 % compared to last year, with a more notable quarter-on-quarter decrease of -5.63 %. Net profit rose by 1163.64 % year-on-year but experienced a 261.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1178.38 % but a quarterly rise of 261.07 %. In summary, Vippy Spinpro 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. 47.218 Cr | Rs. 60.042 Cr | Rs. 63.302 Cr | + 5.43 % | + 34.06 % |
Expenses | Rs. 44.87 Cr | Rs. 56.16 Cr | Rs. 56.37 Cr | + 0.37 % | + 25.63 % |
Operating Profit | Rs. 2.35 Cr | Rs. 3.88 Cr | Rs. 6.93 Cr | + 78.61 % | + 194.89 % |
Net Profit | Rs. 0.22 Cr | Rs. 0.77 Cr | Rs. 2.78 Cr | + 261.04 % | + 1163.64 % |
EPS in Rs | Rs. 0.37 | Rs. 1.31 | Rs. 4.73 | + 261.07 % | + 1178.38 % |
In reviewing Vippy Spinpro Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.06 % year-on-year growth, however, there was a minor increase of 5.43 % from the previous quarter. Expenses rose by 25.63 % compared to the previous year, with a 0.37 % increase quarter-on-quarter. Operating Profit surged by 194.89 % annually, and saw a 78.61 % increase from the last quarter.
Net Profit showed yearly increase of 1163.64 %, and experienced a 261.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1178.38 % annually, however rose by 261.07 % compared to the last quarter. In essence, while Vippy Spinpro Ltd. 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.