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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 42.76 % in the past year, substantial increase in net sales/revenue by 5.46 %.
- 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 94.74 %. Marginal increase in other income during this quarter, up by 68.18%.
- Profit over the Year and quarter: Significant improvement in profitability for WSFX Global Pay Limited. Notable increase of 106.17 % in net profit Year to Year, WSFX Global Pay Limited’s profitability increased by 76.72 % in this quarter.
- EPS over the Year and quarter: EPS increased by 104.76 % Year to Year. EPS increased by 75.51 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 12.699 Cr | Rs. 17.19 Cr | Rs. 18.129 Cr | + 5.46 % | + 42.76 % |
Expenses | Rs. 11.74 Cr | Rs. 16.16 Cr | Rs. 17.02 Cr | + 5.32 % | + 44.97 % |
Operating Profit | Rs. 0.96 Cr | Rs. 1.03 Cr | Rs. 1.11 Cr | + 7.77 % | + 15.63 % |
OPM % | 7.56 % | 5.99 % | 6.12 % | + 0.13 % | -1.44 % |
Other Income | Rs. 0.38 Cr | Rs. 0.44 Cr | Rs. 0.74 Cr | + 68.18 % | + 94.74 % |
Interest | Rs. 0.18 Cr | Rs. 0.21 Cr | Rs. 0.14 Cr | -33.33 % | -22.22 % |
Depreciation | Rs. 0.66 Cr | Rs. 0.69 Cr | Rs. 0.71 Cr | + 2.9 % | + 7.58 % |
Profit before tax | Rs. 0.5 Cr | Rs. 0.57 Cr | Rs. 1 Cr | + 75.44 % | + 100 % |
Tax % | 0 % | 0 % | 0 % | 0 % | + 0 % |
Net Profit | Rs. 0.49 Cr | Rs. 0.57 Cr | Rs. 1 Cr | + 75.44 % | + 104.08 % |
EPS in Rs | Rs. 0.42 | Rs. 0.49 | Rs. 0.86 | + 75.51 % | + 104.76 % |
Today, we’re looking at WSFX Global Pay Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 42.76 %. However, it did see a marginal increase of 5.46 % from the previous quarter. Expenses ticked up slightly by 5.32 % quarter-on-quarter, aligning with the annual rise of 44.97 %. Operating profit, while up 15.63 % compared to last year, faced a quarter-on-quarter increase of 7.77 %, 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 -1.44 %, but an expansion of 0.13 % sequentially. Other income rose by 68.18 % compared to the last quarter, despite an annual growth of 94.74 %. Interest expenses dropped significantly by -33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.22 %. Depreciation costs climbed by 2.9 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.58 %. Profit before tax grew annually by 100 % but saw an increase from the preceding quarter by 75.44 %.
Tax expenses as a percentage of profits increased slightly by 6.17 % compared to last year, with a more notable quarter-on-quarter decrease of -5.08 %. Net profit rose by 104.08 % year-on-year but experienced a 75.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 104.76 % but a quarterly rise of 75.51 %. In summary, WSFX Global Pay 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. 12.699 Cr | Rs. 17.19 Cr | Rs. 18.129 Cr | + 5.46 % | + 42.76 % |
Expenses | Rs. 11.74 Cr | Rs. 16.16 Cr | Rs. 17.02 Cr | + 5.32 % | + 44.97 % |
Operating Profit | Rs. 0.96 Cr | Rs. 1.03 Cr | Rs. 1.11 Cr | + 7.77 % | + 15.63 % |
Net Profit | Rs. 0.49 Cr | Rs. 0.57 Cr | Rs. 1 Cr | + 75.44 % | + 104.08 % |
EPS in Rs | Rs. 0.42 | Rs. 0.49 | Rs. 0.86 | + 75.51 % | + 104.76 % |
In reviewing WSFX Global Pay Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 42.76 % year-on-year growth, however, there was a minor increase of 5.46 % from the previous quarter. Expenses rose by 44.97 % compared to the previous year, with a 5.32 % increase quarter-on-quarter. Operating Profit surged by 15.63 % annually, and saw a 7.77 % increase from the last quarter.
Net Profit showed yearly increase of 104.08 %, and experienced a 75.44 % increase from the previous quarter. Earnings Per Share (EPS) rose by 104.76 % annually, however rose by 75.51 % compared to the last quarter. In essence, while WSFX Global Pay Limited 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.