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Lotus Chocolate Co : Q1 2024 Financial Quarterly Report : YoY Sales Up 337.39 %, QoQ Up 114.7 %

July 19, 2024July 19, 2024| adminadmin| 0 Comments| 5:15 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 337.39 % in the past year, substantial increase in net sales/revenue by 114.7 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -35.71 %, Marginal decrease of -57.14% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Lotus Chocolate Co. Ltd.,. Notable increase of 4701.02 % in net profit Year to Year, Lotus Chocolate Co. Ltd.,’s profitability increased by 695.44 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 4,786.67 % Year to Year. EPS increased by 696.74 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Lotus Chocolate Co. Ltd.,”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 32.307 Cr Rs. 65.818 Cr Rs. 141.309 Cr + 114.7 % + 337.39 %
Expenses Rs. 31.78 Cr Rs. 64.04 Cr Rs. 130.12 Cr + 103.19 % + 309.44 %
Operating Profit Rs. 0.53 Cr Rs. 1.78 Cr Rs. 11.19 Cr + 528.65 % + 2011.32 %
OPM % 1.64 % 2.7 % 7.92 % + 5.22 % + 6.28 %
Other Income Rs. 0.14 Cr Rs. 0.21 Cr Rs. 0.09 Cr -57.14 % -35.71 %
Interest Rs. 0.1 Cr Rs. 0.22 Cr Rs. 0.62 Cr + 181.82 % + 520 %
Depreciation Rs. 0.15 Cr Rs. 0.28 Cr Rs. 0.25 Cr -10.71 % + 66.67 %
Profit before tax Rs. 0.42 Cr Rs. 1.49 Cr Rs. 10.41 Cr + 598.66 % + 2378.57 %
Tax % 752.17 % 20.56 % 9.55 % -11.01 % -742.62 %
Net Profit Rs. 0.2 Cr Rs. 1.18 Cr Rs. 9.41 Cr + 697.46 % + 4605 %
EPS in Rs Rs. 0.15 Rs. 0.92 Rs. 7.33 + 696.74 % + 4786.67 %


Today, we’re looking at Lotus Chocolate Co. Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 337.39 %. However, it did see a marginal increase of 114.7 % from the previous quarter. Expenses ticked up slightly by 103.19 % quarter-on-quarter, aligning with the annual rise of 309.44 %. Operating profit, while up 2011.32 % compared to last year, faced a quarter-on-quarter increase of 528.65 %, 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 6.28 %, but an expansion of 5.22 % sequentially. Other income fell by -57.14 % compared to the last quarter, despite an annual decline of -35.71 %. Interest expenses surged remarkably by 181.82 % from the previous quarter, yet the year-over-year increase remains at a moderate 520 %. Depreciation costs fell by -10.71 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 66.67 %. Profit before tax grew annually by 2378.57 % but saw an increase from the preceding quarter by 598.66 %.
Tax expenses as a percentage of profits decreased slightly by -742.62 % compared to last year, with a more notable quarter-on-quarter decrease of -11.01 %. Net profit rose by 4605 % year-on-year but experienced a 697.46 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4786.67 % but a quarterly rise of 696.74 %. In summary, Lotus Chocolate Co. Ltd.,’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. 32.307 Cr Rs. 65.818 Cr Rs. 141.309 Cr + 114.7 % + 337.39 %
Expenses Rs. 31.78 Cr Rs. 64.04 Cr Rs. 130.12 Cr + 103.19 % + 309.44 %
Operating Profit Rs. 0.53 Cr Rs. 1.78 Cr Rs. 11.19 Cr + 528.65 % + 2011.32 %
Net Profit Rs. 0.2 Cr Rs. 1.18 Cr Rs. 9.41 Cr + 697.46 % + 4605 %
EPS in Rs Rs. 0.15 Rs. 0.92 Rs. 7.33 + 696.74 % + 4786.67 %


In reviewing Lotus Chocolate Co. Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 337.39 % year-on-year growth, however, there was a minor increase of 114.7 % from the previous quarter. Expenses rose by 309.44 % compared to the previous year, with a 103.19 % increase quarter-on-quarter. Operating Profit surged by 2011.32 % annually, and saw a 528.65 % increase from the last quarter.
Net Profit showed yearly increase of 4605 %, and experienced a 697.46 % increase from the previous quarter. Earnings Per Share (EPS) rose by 4786.67 % annually, however rose by 696.74 % compared to the last quarter. In essence, while Lotus Chocolate Co. Ltd., 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.

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