Share the post "Zodiac Energy announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 147.19 % in the past year, decrease in net sales/revenue by -25.59 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -43.97 %, Marginal decrease of -15.77% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Zodiac Energy Limited. Notable increase of 184.37 % in net profit Year to Year, Zodiac Energy Limited’s profitability dropped by -59.08 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 183.93 % Year to Year. EPS decreased by -59.13 % 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. 32.097 Cr | Rs. 106.629 Cr | Rs. 79.339 Cr | -25.59 % | + 147.19 % |
Expenses | Rs. 30.04 Cr | Rs. 97.8 Cr | Rs. 75.15 Cr | -23.16 % | + 150.17 % |
Operating Profit | Rs. 2.06 Cr | Rs. 8.83 Cr | Rs. 4.19 Cr | -52.55 % | + 103.4 % |
OPM % | 6.42 % | 8.28 % | 5.28 % | -3 % | -1.14 % |
Other Income | Rs. 0.448 Cr | Rs. 0.298 Cr | Rs. 0.251 Cr | -15.77 % | -43.97 % |
Interest | Rs. 1.17 Cr | Rs. 1.19 Cr | Rs. 1.04 Cr | -12.61 % | -11.11 % |
Depreciation | Rs. 0.19 Cr | Rs. 0.2 Cr | Rs. 0.22 Cr | + 10 % | + 15.79 % |
Profit before tax | Rs. 1.15 Cr | Rs. 7.74 Cr | Rs. 3.18 Cr | -58.91 % | + 176.52 % |
Tax % | 28.72 % | 26.39 % | 26.79 % | + 0.4 % | -1.93 % |
Net Profit | Rs. 0.82 Cr | Rs. 5.69 Cr | Rs. 2.33 Cr | -59.05 % | + 184.15 % |
EPS in Rs | Rs. 0.56 | Rs. 3.89 | Rs. 1.59 | -59.13 % | + 183.93 % |
Today, we’re looking at Zodiac Energy Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 147.19 %. However, it did see a marginal slip of -25.59 % from the previous quarter. Expenses decreased slightly by -23.16 % quarter-on-quarter, aligning with the annual rise of 150.17 %. Operating profit, while up 103.4 % compared to last year, faced a quarter-on-quarter dip of -52.55 %, 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 -1.14 %, but a shrinkage of -3 % sequentially. Other income fell by -15.77 % compared to the last quarter, despite an annual decline of -43.97 %. Interest expenses dropped significantly by -12.61 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.11 %. Depreciation costs climbed by 10 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.79 %. Profit before tax grew annually by 176.52 % but saw a reduction from the preceding quarter by -58.91 %.
Tax expenses as a percentage of profits decreased slightly by -1.93 % compared to last year, with a more notable quarter-on-quarter increase of 0.4 %. Net profit rose by 184.15 % year-on-year but witnessed a -59.05 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 183.93 % but a quarterly fall of -59.13 %. In summary, Zodiac Energy 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. 32.097 Cr | Rs. 106.629 Cr | Rs. 79.339 Cr | -25.59 % | + 147.19 % |
Expenses | Rs. 30.04 Cr | Rs. 97.8 Cr | Rs. 75.15 Cr | -23.16 % | + 150.17 % |
Operating Profit | Rs. 2.06 Cr | Rs. 8.83 Cr | Rs. 4.19 Cr | -52.55 % | + 103.4 % |
Net Profit | Rs. 0.82 Cr | Rs. 5.69 Cr | Rs. 2.33 Cr | -59.05 % | + 184.15 % |
EPS in Rs | Rs. 0.56 | Rs. 3.89 | Rs. 1.59 | -59.13 % | + 183.93 % |
In reviewing Zodiac Energy Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 147.19 % year-on-year growth, although there was a slight dip of -25.59 % from the previous quarter. Expenses rose by 150.17 % compared to the previous year, with a decrease of -23.16 % quarter-on-quarter. Operating Profit surged by 103.4 % annually, and saw a -52.55 % decrease from the last quarter.
Net Profit showed yearly increase of 184.15 %, and experienced a -59.05 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 183.93 % annually, however dipped by -59.13 % compared to the last quarter. In essence, while Zodiac Energy Limited 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.
[my_shortcode1 values=”Zodiac Energy “]