LT Foods : Q1 2024 Financial Quarterly Report : YoY Sales Up 16.45 %, QoQ Down 0.21 %

The comprehensive analytics outlining the performance and outlook of LT Foods Limited”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.

Today, we’re looking at LT Foods Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 16.45 %. However, it did see a marginal slip of -0.21 % from the previous quarter. Expenses decreased slightly by -0.01 % quarter-on-quarter, aligning with the annual rise of 16.95 %. Operating profit, while up 12.74 % compared to last year, faced a quarter-on-quarter dip of -1.7 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.39 %, but a shrinkage of -0.18 % sequentially. Other income fell by -37.81 % compared to the last quarter, despite an annual decline of -30.22 %. Interest expenses dropped significantly by -20.12 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.66 %. Depreciation costs fell by -7.31 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.03 %. Profit before tax grew annually by 9.08 % but saw a reduction from the preceding quarter by -3.31 %.
Tax expenses as a percentage of profits increased slightly by 0.55 % compared to last year, with a more notable quarter-on-quarter decrease of -1.27 %. Net profit rose by 12.99 % year-on-year but experienced a 3.36 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.36 % but a quarterly rise of 3.04 %. In summary, LT Foods Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing LT Foods Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.45 % year-on-year growth, although there was a slight dip of -0.21 % from the previous quarter. Expenses rose by 16.95 % compared to the previous year, with a decrease of -0.01 % quarter-on-quarter. Operating Profit surged by 12.74 % annually, and saw a -1.7 % decrease from the last quarter.
Net Profit showed yearly increase of 12.99 %, and experienced a 3.36 % increase from the previous quarter. Earnings Per Share (EPS) rose by 11.36 % annually, however rose by 3.04 % compared to the last quarter. In essence, while LT Foods Limited 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.