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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 73.25 % in the past year, substantial increase in net sales/revenue by 8.33 %.
- 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 37.83 %. Marginal increase in other income during this quarter, up by 7.31%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Zomato Limited. Profit dropped by -193.28 % Year to Year, Zomato Limited’s profitability increased by 26.81 % in this quarter.
- EPS over the Year and quarter: EPS declined by -186.96 % Year to Year. EPS increased by 25 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2056 Cr | Rs. 3288 Cr | Rs. 3562 Cr | + 8.33 % | + 73.25 % |
| Expenses | Rs. 2281.4 Cr | Rs. 3237 Cr | Rs. 3476 Cr | + 7.38 % | + 52.36 % |
| Operating Profit | Rs. -225.4 Cr | Rs. 51 Cr | Rs. 86 Cr | + 68.63 % | + 138.15 % |
| OPM % | -10.96 % | 1.55 % | 2.41 % | + 0.86 % | + 13.37 % |
| Other Income | Rs. 170.5 Cr | Rs. 219 Cr | Rs. 235 Cr | + 7.31 % | + 37.83 % |
| Interest | Rs. 15.8 Cr | Rs. 18 Cr | Rs. 20 Cr | + 11.11 % | + 26.58 % |
| Depreciation | Rs. 133.8 Cr | Rs. 128 Cr | Rs. 140 Cr | + 9.38 % | + 4.63 % |
| Profit before tax | Rs. -204.5 Cr | Rs. 124 Cr | Rs. 161 Cr | + 29.84 % | + 178.73 % |
| Tax % | -8.22 % | 11.29 % | 8.7 % | -2.59 % | + 16.92 % |
| Net Profit | Rs. -187.6 Cr | Rs. 138 Cr | Rs. 175 Cr | + 26.81 % | + 193.28 % |
| EPS in Rs | Rs. -0.23 | Rs. 0.16 | Rs. 0.2 | + 25 % | + 186.96 % |
Today, we’re looking at Zomato 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 73.25 %. However, it did see a marginal increase of 8.33 % from the previous quarter. Expenses ticked up slightly by 7.38 % quarter-on-quarter, aligning with the annual rise of 52.36 %. Operating profit, while up 138.15 % compared to last year, faced a quarter-on-quarter increase of 68.63 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 13.37 %, but an expansion of 0.86 % sequentially. Other income rose by 7.31 % compared to the last quarter, despite an annual growth of 37.83 %. Interest expenses surged remarkably by 11.11 % from the previous quarter, yet the year-over-year increase remains at a moderate 26.58 %. Depreciation costs climbed by 9.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.63 %. Profit before tax grew annually by 178.73 % but saw an increase from the preceding quarter by 29.84 %.
Tax expenses as a percentage of profits increased slightly by 16.92 % compared to last year, with a more notable quarter-on-quarter decrease of -2.59 %. Net profit rose by 193.28 % year-on-year but experienced a 26.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 186.96 % but a quarterly rise of 25 %. In summary, Zomato 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. 2056 Cr | Rs. 3288 Cr | Rs. 3562 Cr | + 8.33 % | + 73.25 % |
| Expenses | Rs. 2281.4 Cr | Rs. 3237 Cr | Rs. 3476 Cr | + 7.38 % | + 52.36 % |
| Operating Profit | Rs. -225.4 Cr | Rs. 51 Cr | Rs. 86 Cr | + 68.63 % | + 138.15 % |
| Net Profit | Rs. -187.6 Cr | Rs. 138 Cr | Rs. 175 Cr | + 26.81 % | + 193.28 % |
| EPS in Rs | Rs. -0.23 | Rs. 0.16 | Rs. 0.2 | + 25 % | + 186.96 % |
In reviewing Zomato Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 73.25 % year-on-year growth, however, there was a minor increase of 8.33 % from the previous quarter. Expenses rose by 52.36 % compared to the previous year, with a 7.38 % increase quarter-on-quarter. Operating Profit surged by 138.15 % annually, and saw a 68.63 % increase from the last quarter.
Net Profit showed yearly increase of 193.28 %, and experienced a 26.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 186.96 % annually, however rose by 25 % compared to the last quarter. In essence, while Zomato 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.
