NIFTY 50 23344.75 ▲ (0.61%)
NIFTY NEXT 50 65106.15 ▲ (0.08%)
NIFTY 100 24048.8 ▲ (0.51%)
NIFTY MIDCAP 100 55106.2 ▲ (0.91%)
NIFTY SMALLCAP 100 17864.65 ▲ (1.09%)
NIFTY SMALLCAP 250 16841.4 ▲ (0.84%)
NIFTY MIDCAP SELECT 12356.5 ▲ (0.87%)
NIFTY TOTAL MARKET 12304.6 ▲ (0.6%)
NIFTY BANK 49350.8 ▲ (1.67%)
SENSEX 77073.44 ▲ (0.59%)
BSE BANKEX 56036.23 ▲ (2.03%)

Zen Technologies Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 83.04 % in YoY and increased by 38.36 % in QoQ

May 6, 2024May 6, 2024| adminadmin| 0 Comments| 4:55 pm
Image is loading
Categories:

Share the post "Zen Technologies Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 83.04 % in YoY and increased by 38.36 % in QoQ"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 83.04 % in the past year, substantial increase in net sales/revenue by 38.36 %.
  • 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 1131.58 %. Marginal decrease of -44.02% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Zen Technologies Ltd.. Notable increase of 91.27 % in net profit Year to Year, Zen Technologies Ltd.’s profitability increased by 4.32 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 83.33 % Year to Year. EPS increased by 4.21 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Zen Technologies Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 74.144 Cr Rs. 98.083 Cr Rs. 135.711 Cr + 38.36 % + 83.04 %
Expenses Rs. 47.84 Cr Rs. 53.85 Cr Rs. 90.64 Cr + 68.32 % + 89.46 %
Operating Profit Rs. 26.3 Cr Rs. 44.23 Cr Rs. 45.07 Cr + 1.9 % + 71.37 %
OPM % 35.47 % 45.09 % 33.21 % -11.88 % -2.26 %
Other Income Rs. 0.19 Cr Rs. 4.18 Cr Rs. 2.34 Cr -44.02 % + 1131.58 %
Interest Rs. 0.33 Cr Rs. 0.41 Cr Rs. 0.63 Cr + 53.66 % + 90.91 %
Depreciation Rs. 1.39 Cr Rs. 1.94 Cr Rs. 2.15 Cr + 10.82 % + 54.68 %
Profit before tax Rs. 24.77 Cr Rs. 46.06 Cr Rs. 44.63 Cr -3.1 % + 80.18 %
Tax % 30.31 % 31.25 % 29.76 % -1.49 % -0.55 %
Net Profit Rs. 17.27 Cr Rs. 31.67 Cr Rs. 33.04 Cr + 4.33 % + 91.31 %
EPS in Rs Rs. 2.16 Rs. 3.8 Rs. 3.96 + 4.21 % + 83.33 %


Today, we’re looking at Zen Technologies 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 83.04 %. However, it did see a marginal increase of 38.36 % from the previous quarter. Expenses ticked up slightly by 68.32 % quarter-on-quarter, aligning with the annual rise of 89.46 %. Operating profit, while up 71.37 % compared to last year, faced a quarter-on-quarter increase of 1.9 %, 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 -2.26 %, but a shrinkage of -11.88 % sequentially. Other income fell by -44.02 % compared to the last quarter, despite an annual growth of 1131.58 %. Interest expenses surged remarkably by 53.66 % from the previous quarter, yet the year-over-year increase remains at a moderate 90.91 %. Depreciation costs climbed by 10.82 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 54.68 %. Profit before tax grew annually by 80.18 % but saw a reduction from the preceding quarter by -3.1 %.
Tax expenses as a percentage of profits decreased slightly by -0.55 % compared to last year, with a more notable quarter-on-quarter decrease of -1.49 %. Net profit rose by 91.31 % year-on-year but experienced a 4.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 83.33 % but a quarterly rise of 4.21 %. In summary, Zen Technologies 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. 74.144 Cr Rs. 98.083 Cr Rs. 135.711 Cr + 38.36 % + 83.04 %
Expenses Rs. 47.84 Cr Rs. 53.85 Cr Rs. 90.64 Cr + 68.32 % + 89.46 %
Operating Profit Rs. 26.3 Cr Rs. 44.23 Cr Rs. 45.07 Cr + 1.9 % + 71.37 %
Net Profit Rs. 17.27 Cr Rs. 31.67 Cr Rs. 33.04 Cr + 4.33 % + 91.31 %
EPS in Rs Rs. 2.16 Rs. 3.8 Rs. 3.96 + 4.21 % + 83.33 %


In reviewing Zen Technologies Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 83.04 % year-on-year growth, however, there was a minor increase of 38.36 % from the previous quarter. Expenses rose by 89.46 % compared to the previous year, with a 68.32 % increase quarter-on-quarter. Operating Profit surged by 71.37 % annually, and saw a 1.9 % increase from the last quarter.
Net Profit showed yearly increase of 91.31 %, and experienced a 4.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 83.33 % annually, however rose by 4.21 % compared to the last quarter. In essence, while Zen Technologies 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.

[my_shortcode1 values=”Zen Technologies Ltd.”]

Related Post