Shahi Shipping Q4 Results Live : Shahi Shipping announced their Q4 results on 21 May, 2024, showcasing a remarkable performance. The company’s revenue surged by 15.2% year-over-year, reflecting strong growth in their top line.
Moreover, Shahi Shipping witnessed a substantial increase of 125.6% in profits compared to the same quarter last year, underlining their operational efficiency and financial strength.
In comparison to the previous quarter, the company’s revenue saw a significant growth of 38.01%, while the profit soared by an impressive 177.55%, indicating a positive trend in their financial performance.
However, it is noteworthy that the Selling, general & administrative expenses experienced a sharp rise of 56.18% quarter-on-quarter and a 26.41% increase year-on-year, which calls for prudent cost management strategies.
On the other hand, the operating income witnessed a decline of 26.99% quarter-on-quarter and a 27.38% decrease year-on-year, signaling potential challenges in the operational aspect that need to be addressed.
The earnings per share (EPS) for Q4 stood at ₹1.12, marking a significant growth of 117.37% year-on-year, which is a positive indicator for the company’s profitability and shareholder value.
Furthermore, investors have shown confidence in Shahi Shipping as reflected in their impressive returns of 20.14% in the last 1 week, 85.61% in the last 6 months, and 45.97% year-to-date, highlighting a strong market performance.
As of now, Shahi Shipping commands a market capitalization of ₹14.96 Cr with a 52-week high/low of ₹11.8 and ₹4.2 respectively, showcasing stability and growth potential in the market.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 4.15 | 3.01 | +38.01% | 3.61 | +15.2% |
| Selling/ General/ Admin Expenses Total | 3.61 | 2.31 | +56.18% | 2.86 | +26.41% |
| Depreciation/ Amortization | 0.11 | 0.11 | +4.09% | 0.16 | -28.3% |
| Total Operating Expense | 3.72 | 2.42 | +53.86% | 3.01 | +23.58% |
| Operating Income | 0.43 | 0.59 | -26.99% | 0.59 | -27.38% |
| Net Income Before Taxes | 1.6 | 0.57 | +181.09% | 0.65 | +146.17% |
| Net Income | 1.62 | 0.58 | +177.55% | 0.72 | +125.6% |
| Diluted Normalized EPS | 1.12 | 0.4 | +180% | 0.52 | +117.37% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹1.62Cr
Question : What is Q4 revenue?
Ans : ₹4.15Cr
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Published: 24 May 2024, 02:25 AM IST
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