Financial Highlights for the Last Quarter
Overview:
The last quarter of 2024 (October - December) has been an exceptional period for Powersutra. In this quarter, we have seen remarkable financial growth, especially driven by holiday season sales and the success of our eco-friendly collection. The strategic efforts in enhancing our online presence and optimizing retail operations have culminated in a record-high performance.
Key Financial Highlights:
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Quarterly Revenue: In Q4 2024, Powersutra achieved a revenue of ₹35 crore, representing a 12% increase from the previous quarter's ₹31 crore. This surge was attributed to an increased demand for our winter collections and holiday-themed promotions.
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Gross Profit Margin: The gross profit margin increased by 5%, reaching 50%, driven by strategic cost-saving measures in production and a shift towards higher-margin products. This was the result of reducing material costs and optimizing the supply chain without compromising on quality.
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Net Profit: Net profit for the quarter was ₹4.2 crore, a 10% increase compared to ₹3.8 crore in Q3. The improved profit margins and higher sales volumes contributed to this positive outcome.
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E-Commerce Sales Surge: Our online sales grew by 25% compared to the previous quarter. The mobile app’s impact was evident, with mobile purchases making up 20% of total online sales. Our targeted digital marketing campaigns and influencer collaborations led to an increased customer engagement rate, contributing significantly to online growth.
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Inventory Management: Through improved demand forecasting and an optimized supply chain, Powersutra reduced its inventory turnover period by 7%, resulting in more efficient stock management and better cash flow.
Conclusion:
The last quarter was a successful end to 2024, with Powersutra reaching new financial milestones. The quarter’s achievements solidified our position for continued success into 2025, with a clear focus on expanding online sales and optimizing operational efficiencies.