Highlights
- Sales over the Year and quarter: The company’s sales declined by -79.65 % over the year, decrease in net sales/revenue by -79.24 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -98.63 %, Marginal decrease of -98.06% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Visco Trade Associates Ltd. Profit dropped by -78.01 % Year to Year, Visco Trade Associates Ltd’s profitability dropped by -82.9 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 561.54 % Year to Year. EPS increased by 420 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 195.195 Cr | Rs. 191.303 Cr | Rs. 39.719 Cr | -79.24 % | -79.65 % |
| Expenses | Rs. 157.06 Cr | Rs. 142.26 Cr | Rs. 31.35 Cr | -77.96 % | -80.04 % |
| Operating Profit | Rs. 38.14 Cr | Rs. 49.04 Cr | Rs. 8.37 Cr | -82.93 % | -78.05 % |
| OPM % | 19.54 % | 25.63 % | 21.07 % | -4.56 % | + 1.53 % |
| Other Income | Rs. 2.92 Cr | Rs. 2.06 Cr | Rs. 0.04 Cr | -98.06 % | -98.63 % |
| Interest | Rs. 0.01 Cr | Rs. 0.62 Cr | Rs. 1.56 Cr | + 151.61 % | + 15500 % |
| Depreciation | Rs. 8.95 Cr | Rs. 8.49 Cr | Rs. 0.01 Cr | -99.88 % | -99.89 % |
| Profit before tax | Rs. 32.1 Cr | Rs. 41.99 Cr | Rs. 6.84 Cr | -83.71 % | -78.69 % |
| Tax % | 23.88 % | 25.23 % | 21.61 % | -3.62 % | -2.27 % |
| Net Profit | Rs. 24.43 Cr | Rs. 31.4 Cr | Rs. 5.37 Cr | -82.9 % | -78.02 % |
| EPS in Rs | Rs. 1.69 | Rs. 2.15 | Rs. 11.18 | + 420 % | + 561.54 % |
Today, we’re looking at Visco Trade Associates Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -79.65 %. However, it did see a marginal slip of -79.24 % from the previous quarter. Expenses decreased slightly by -77.96 % quarter-on-quarter, aligning with the annual decline of -80.04 %. Operating profit, while down -78.05 % compared to last year, faced a quarter-on-quarter dip of -82.93 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.53 %, but a shrinkage of -4.56 % sequentially. Other income fell by -98.06 % compared to the last quarter, despite an annual decline of -98.63 %. Interest expenses surged remarkably by 151.61 % from the previous quarter, yet the year-over-year increase remains at a moderate 15500 %. Depreciation costs fell by -99.88 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -99.89 %. Profit before tax declined annually by -78.69 % but saw a reduction from the preceding quarter by -83.71 %.
Tax expenses as a percentage of profits decreased slightly by -2.27 % compared to last year, with a more notable quarter-on-quarter decrease of -3.62 %. Net profit fell by -78.02 % year-on-year but witnessed a -82.9 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 561.54 % but a quarterly rise of 420 %. In summary, Visco Trade Associates 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. 195.195 Cr | Rs. 191.303 Cr | Rs. 39.719 Cr | -79.24 % | -79.65 % |
| Expenses | Rs. 157.06 Cr | Rs. 142.26 Cr | Rs. 31.35 Cr | -77.96 % | -80.04 % |
| Operating Profit | Rs. 38.14 Cr | Rs. 49.04 Cr | Rs. 8.37 Cr | -82.93 % | -78.05 % |
| Net Profit | Rs. 24.43 Cr | Rs. 31.4 Cr | Rs. 5.37 Cr | -82.9 % | -78.02 % |
| EPS in Rs | Rs. 1.69 | Rs. 2.15 | Rs. 11.18 | + 420 % | + 561.54 % |
In reviewing Visco Trade Associates Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -79.65 % year-on-year, although there was a slight dip of -79.24 % from the previous quarter. Expenses decreased by -80.04 % compared to the previous year, with a decrease of -77.96 % quarter-on-quarter. Operating Profit dropped by -78.05 % annually, and saw a -82.93 % decrease from the last quarter.
Net Profit showed yearly decrease of -78.02 %, and experienced a -82.9 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 561.54 % annually, however rose by 420 % compared to the last quarter. In essence, while Visco Trade Associates Ltd 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.
