Share the post "Zodiac Clothing Co : Q4 2024 Financial Quarterly Report : YoY Sales Up 4.68 %, QoQ Up 20.68 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 4.68 % in the past year, substantial increase in net sales/revenue by 20.68 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -102.75 %, Marginal decrease of -101.5% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Zodiac Clothing Co. Ltd.. Profit dropped by -140.67 % Year to Year, Zodiac Clothing Co. Ltd.’s profitability increased by 399.45 % in this quarter.
- EPS over the Year and quarter: EPS declined by -138.96 % Year to Year. EPS increased by 397.14 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 42.09 Cr | Rs. 36.511 Cr | Rs. 44.061 Cr | + 20.68 % | + 4.68 % |
Expenses | Rs. 46.05 Cr | Rs. 40.03 Cr | Rs. 50.64 Cr | + 26.51 % | + 9.97 % |
Operating Profit | Rs. -3.96 Cr | Rs. -3.52 Cr | Rs. -6.58 Cr | -86.93 % | -66.16 % |
OPM % | -9.41 % | -9.64 % | -14.93 % | -5.29 % | -5.52 % |
Other Income | Rs. 4 Cr | Rs. 7.34 Cr | Rs. -0.11 Cr | -101.5 % | -102.75 % |
Interest | Rs. 1.54 Cr | Rs. 1.67 Cr | Rs. 1.85 Cr | + 10.78 % | + 20.13 % |
Depreciation | Rs. 4.32 Cr | Rs. 4.78 Cr | Rs. 5.05 Cr | + 5.65 % | + 16.9 % |
Profit before tax | Rs. -5.82 Cr | Rs. -2.63 Cr | Rs. -13.59 Cr | -416.73 % | -133.51 % |
Tax % | 0.54 % | -3.66 % | -0.15 % | + 3.51 % | -0.69 % |
Net Profit | Rs. 33.37 Cr | Rs. -2.72 Cr | Rs. -13.57 Cr | -398.9 % | -140.67 % |
EPS in Rs | Rs. 13.4 | Rs. -1.05 | Rs. -5.22 | -397.14 % | -138.96 % |
Today, we’re looking at Zodiac Clothing Co. 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 4.68 %. However, it did see a marginal increase of 20.68 % from the previous quarter. Expenses ticked up slightly by 26.51 % quarter-on-quarter, aligning with the annual rise of 9.97 %. Operating profit, while down -66.16 % compared to last year, faced a quarter-on-quarter dip of -86.93 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.52 %, but a shrinkage of -5.29 % sequentially. Other income fell by -101.5 % compared to the last quarter, despite an annual decline of -102.75 %. Interest expenses surged remarkably by 10.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 20.13 %. Depreciation costs climbed by 5.65 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.9 %. Profit before tax declined annually by -133.51 % but saw a reduction from the preceding quarter by -416.73 %.
Tax expenses as a percentage of profits decreased slightly by -0.69 % compared to last year, with a more notable quarter-on-quarter increase of 3.51 %. Net profit fell by -140.67 % year-on-year but witnessed a -398.9 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -138.96 % but a quarterly fall of -397.14 %. In summary, Zodiac Clothing Co. 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. 42.09 Cr | Rs. 36.511 Cr | Rs. 44.061 Cr | + 20.68 % | + 4.68 % |
Expenses | Rs. 46.05 Cr | Rs. 40.03 Cr | Rs. 50.64 Cr | + 26.51 % | + 9.97 % |
Operating Profit | Rs. -3.96 Cr | Rs. -3.52 Cr | Rs. -6.58 Cr | -86.93 % | -66.16 % |
Net Profit | Rs. 33.37 Cr | Rs. -2.72 Cr | Rs. -13.57 Cr | -398.9 % | -140.67 % |
EPS in Rs | Rs. 13.4 | Rs. -1.05 | Rs. -5.22 | -397.14 % | -138.96 % |
In reviewing Zodiac Clothing Co. Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.68 % year-on-year growth, however, there was a minor increase of 20.68 % from the previous quarter. Expenses rose by 9.97 % compared to the previous year, with a 26.51 % increase quarter-on-quarter. Operating Profit dropped by -66.16 % annually, and saw a -86.93 % decrease from the last quarter.
Net Profit showed yearly decrease of -140.67 %, and experienced a -398.9 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -138.96 % annually, however dipped by -397.14 % compared to the last quarter. In essence, while Zodiac Clothing Co. Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.