Rajnish Wellness Q4 FY24 results : profit at ₹0.28Cr, Revenue increased by 314.67% YoY
Rajnish Wellness declared their Q4 FY24 results on 19 Apr, 2024, showing a remarkable performance. The company’s revenue saw a significant increase of 314.67% Year-on-Year, reaching ₹0.28Cr in profit.
In the same period last year, Rajnish Wellness had reported a loss of ₹0.76Cr, making this year’s turnaround quite impressive. The revenue growth of 24.8% compared to the previous quarter also indicates a positive trend.
Furthermore, the company managed to reduce its Selling, general & administrative expenses by 4.99% quarter-on-quarter and 68.8% year-on-year, contributing to improved profitability. The operating income also saw a substantial increase of 80.5% quarter-on-quarter and 172.73% year-on-year.
The Earnings Per Share (EPS) for Q4 FY24 stood at ₹0, marking a 140.4% increase Year-on-Year. Despite recent negative returns in the market, Rajnish Wellness seems to have strengthened its financial position with a market cap of ₹551 Cr.
With a 52-week high/low of ₹17.8 and ₹5.76 respectively, Rajnish Wellness will be looking to leverage its Q4 performance to drive future growth and investor confidence.
| Period | Q4 FY24 | Q3 FY24 | Q-o-Q Growth | Q4 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 26.98 | 21.62 | +24.8% | 6.51 | +314.67% |
| Selling/ General/ Admin Expenses Total | 0.27 | 0.28 | -4.99% | 0.87 | -68.8% |
| Depreciation/ Amortization | 0.01 | 0 | +171.97% | 0 | +293.94% |
| Total Operating Expense | 26.45 | 21.33 | +24.04% | 7.23 | +265.68% |
| Operating Income | 0.53 | 0.29 | +80.5% | -0.73 | +172.73% |
| Net Income Before Taxes | 0.42 | 0.17 | +145.86% | -1 | +141.71% |
| Net Income | 0.28 | 0.1 | +170.76% | -0.76 | +137.15% |
| Diluted Normalized EPS | 0 | 0 | +194.12% | -0.01 | +140.4% |
FAQs
Question : What is the Q4 FY24 profit/Loss as per company?
Ans : ₹0.28Cr
Question : What is Q4 FY24 revenue?
Ans : ₹26.98Cr
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Published: 21 Apr 2024, 01:51 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.