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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 33.87 % in the past year, substantial increase in net sales/revenue by 12.36 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -91.81 %, Marginal decrease of -1.26% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Adani Power Limited. Profit dropped by -69.82 % Year to Year, Adani Power Limited’s profitability increased by 34.05 % in this quarter.
- EPS over the Year and quarter: EPS declined by -70.71 % Year to Year. EPS increased by 38.46 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 8510.88 Cr | Rs. 10140.11 Cr | Rs. 11393.75 Cr | + 12.36 % | + 33.87 % |
Expenses | Rs. 5985.13 Cr | Rs. 6959.7 Cr | Rs. 7439.12 Cr | + 6.89 % | + 24.29 % |
Operating Profit | Rs. 2525.75 Cr | Rs. 3180.41 Cr | Rs. 3954.63 Cr | + 24.34 % | + 56.57 % |
OPM % | 29.68 % | 31.36 % | 34.71 % | + 3.35 % | + 5.03 % |
Other Income | Rs. 7135.92 Cr | Rs. 591.76 Cr | Rs. 584.33 Cr | -1.26 % | -91.81 % |
Interest | Rs. 741.3 Cr | Rs. 571.82 Cr | Rs. 552.81 Cr | -3.32 % | -25.43 % |
Depreciation | Rs. 787.31 Cr | Rs. 789.58 Cr | Rs. 795.45 Cr | + 0.74 % | + 1.03 % |
Profit before tax | Rs. 8133.06 Cr | Rs. 2410.77 Cr | Rs. 3190.7 Cr | + 32.35 % | -60.77 % |
Tax % | 0 % | 24.04 % | 23.06 % | -0.98 % | + 23.06 % |
Net Profit | Rs. 8133.06 Cr | Rs. 1831.29 Cr | Rs. 2454.88 Cr | + 34.05 % | -69.82 % |
EPS in Rs | Rs. 20.28 | Rs. 4.29 | Rs. 5.94 | + 38.46 % | -70.71 % |
Today, we’re looking at Adani Power 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 33.87 %. However, it did see a marginal increase of 12.36 % from the previous quarter. Expenses ticked up slightly by 6.89 % quarter-on-quarter, aligning with the annual rise of 24.29 %. Operating profit, while up 56.57 % compared to last year, faced a quarter-on-quarter increase of 24.34 %, 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 5.03 %, but an expansion of 3.35 % sequentially. Other income fell by -1.26 % compared to the last quarter, despite an annual decline of -91.81 %. Interest expenses dropped significantly by -3.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -25.43 %. Depreciation costs climbed by 0.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.03 %. Profit before tax declined annually by -60.77 % but saw an increase from the preceding quarter by 32.35 %.
Tax expenses as a percentage of profits increased slightly by 23.06 % compared to last year, with a more notable quarter-on-quarter decrease of -0.98 %. Net profit fell by -69.82 % year-on-year but experienced a 34.05 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -70.71 % but a quarterly rise of 38.46 %. In summary, Adani Power Limited’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. 8510.88 Cr | Rs. 10140.11 Cr | Rs. 11393.75 Cr | + 12.36 % | + 33.87 % |
Expenses | Rs. 5985.13 Cr | Rs. 6959.7 Cr | Rs. 7439.12 Cr | + 6.89 % | + 24.29 % |
Operating Profit | Rs. 2525.75 Cr | Rs. 3180.41 Cr | Rs. 3954.63 Cr | + 24.34 % | + 56.57 % |
Net Profit | Rs. 8133.06 Cr | Rs. 1831.29 Cr | Rs. 2454.88 Cr | + 34.05 % | -69.82 % |
EPS in Rs | Rs. 20.28 | Rs. 4.29 | Rs. 5.94 | + 38.46 % | -70.71 % |
In reviewing Adani Power Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.87 % year-on-year growth, however, there was a minor increase of 12.36 % from the previous quarter. Expenses rose by 24.29 % compared to the previous year, with a 6.89 % increase quarter-on-quarter. Operating Profit surged by 56.57 % annually, and saw a 24.34 % increase from the last quarter.
Net Profit showed yearly decrease of -69.82 %, and experienced a 34.05 % increase from the previous quarter. Earnings Per Share (EPS) fell by -70.71 % annually, however rose by 38.46 % compared to the last quarter. In essence, while Adani Power Limited faces strong annual decline 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.