Share the post "Voltas Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 42.14 % in YoY and increased by 60.07 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 42.14 % in the past year, substantial increase in net sales/revenue by 60.07 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -12.93 %, Marginal decrease of -26.15% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Voltas Ltd.,. Profit dropped by -22.75 % Year to Year, Voltas Ltd.,’s profitability dropped by -500.87 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -19.08 % Year to Year. EPS decreased by -482.61 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2956.8 Cr | Rs. 2625.72 Cr | Rs. 4202.88 Cr | + 60.07 % | + 42.14 % |
Expenses | Rs. 2738.63 Cr | Rs. 2597.3 Cr | Rs. 4012.3 Cr | + 54.48 % | + 46.51 % |
Operating Profit | Rs. 218.17 Cr | Rs. 28.42 Cr | Rs. 190.58 Cr | + 570.58 % | -12.65 % |
OPM % | 7.38 % | 1.08 % | 4.53 % | + 3.45 % | -2.85 % |
Other Income | Rs. 18.49 Cr | Rs. 21.8 Cr | Rs. 16.1 Cr | -26.15 % | -12.93 % |
Interest | Rs. 12.44 Cr | Rs. 13.53 Cr | Rs. 20.79 Cr | + 53.66 % | + 67.12 % |
Depreciation | Rs. 10.38 Cr | Rs. 12.84 Cr | Rs. 11.81 Cr | -8.02 % | + 13.78 % |
Profit before tax | Rs. 213.84 Cr | Rs. 23.85 Cr | Rs. 174.08 Cr | + 629.9 % | -18.59 % |
Tax % | 29.18 % | 85.84 % | 29.87 % | -55.97 % | + 0.69 % |
Net Profit | Rs. 143.23 Cr | Rs. -27.6 Cr | Rs. 110.64 Cr | + 500.87 % | -22.75 % |
EPS in Rs | Rs. 4.35 | Rs. -0.92 | Rs. 3.52 | + 482.61 % | -19.08 % |
Today, we’re looking at Voltas 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 42.14 %. However, it did see a marginal increase of 60.07 % from the previous quarter. Expenses ticked up slightly by 54.48 % quarter-on-quarter, aligning with the annual rise of 46.51 %. Operating profit, while down -12.65 % compared to last year, faced a quarter-on-quarter increase of 570.58 %, 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 -2.85 %, but an expansion of 3.45 % sequentially. Other income fell by -26.15 % compared to the last quarter, despite an annual decline of -12.93 %. Interest expenses surged remarkably by 53.66 % from the previous quarter, yet the year-over-year increase remains at a moderate 67.12 %. Depreciation costs fell by -8.02 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.78 %. Profit before tax declined annually by -18.59 % but saw an increase from the preceding quarter by 629.9 %.
Tax expenses as a percentage of profits increased slightly by 0.69 % compared to last year, with a more notable quarter-on-quarter decrease of -55.97 %. Net profit fell by -22.75 % year-on-year but experienced a 500.87 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.08 % but a quarterly rise of 482.61 %. In summary, Voltas 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. 2956.8 Cr | Rs. 2625.72 Cr | Rs. 4202.88 Cr | + 60.07 % | + 42.14 % |
Expenses | Rs. 2738.63 Cr | Rs. 2597.3 Cr | Rs. 4012.3 Cr | + 54.48 % | + 46.51 % |
Operating Profit | Rs. 218.17 Cr | Rs. 28.42 Cr | Rs. 190.58 Cr | + 570.58 % | -12.65 % |
Net Profit | Rs. 143.23 Cr | Rs. -27.6 Cr | Rs. 110.64 Cr | + 500.87 % | -22.75 % |
EPS in Rs | Rs. 4.35 | Rs. -0.92 | Rs. 3.52 | + 482.61 % | -19.08 % |
In reviewing Voltas Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 42.14 % year-on-year growth, however, there was a minor increase of 60.07 % from the previous quarter. Expenses rose by 46.51 % compared to the previous year, with a 54.48 % increase quarter-on-quarter. Operating Profit dropped by -12.65 % annually, and saw a 570.58 % increase from the last quarter.
Net Profit showed yearly decrease of -22.75 %, and experienced a 500.87 % increase from the previous quarter. Earnings Per Share (EPS) fell by -19.08 % annually, however rose by 482.61 % compared to the last quarter. In essence, while Voltas Ltd., 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.