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Business News/ Companies / Company Results/  Shahi Shipping Q4 Results Live : profit rise by 125.6% YOY
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Shahi Shipping Q4 Results Live : profit rise by 125.6% YOY

Shahi Shipping Q4 Results Live : Revenue increased by 15.2% YoY & profit increased by 125.6% YoY

Shahi Shipping Q4 Results LivePremium
Shahi Shipping Q4 Results Live

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.

Shahi Shipping Financials

PeriodQ4Q3Q-o-Q GrowthQ4Y-o-Y Growth
Total Revenue4.153.01+38.01%3.61+15.2%
Selling/ General/ Admin Expenses Total3.612.31+56.18%2.86+26.41%
Depreciation/ Amortization0.110.11+4.09%0.16-28.3%
Total Operating Expense3.722.42+53.86%3.01+23.58%
Operating Income0.430.59-26.99%0.59-27.38%
Net Income Before Taxes1.60.57+181.09%0.65+146.17%
Net Income1.620.58+177.55%0.72+125.6%
Diluted Normalized EPS1.120.4+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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