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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -3.22 % over the year, substantial increase in net sales/revenue by 23.42 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -62.05 %, Marginal increase in other income during this quarter, up by 263.36%.
- Profit over the Year and quarter: Significant improvement in profitability for Gillanders Arbuthnot & Company Limited. Notable increase of 86.77 % in net profit Year to Year, Gillanders Arbuthnot & Company Limited’s profitability dropped by -60.16 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -286.99 % Year to Year. EPS decreased by -60.17 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 87.679 Cr | Rs. 68.753 Cr | Rs. 84.854 Cr | + 23.42 % | -3.22 % |
Expenses | Rs. 90.3 Cr | Rs. 84.42 Cr | Rs. 90.12 Cr | + 6.75 % | -0.2 % |
Operating Profit | Rs. -2.62 Cr | Rs. -15.67 Cr | Rs. -5.27 Cr | + 66.37 % | -101.15 % |
OPM % | -2.99 % | -22.79 % | -6.21 % | + 16.58 % | -3.22 % |
Other Income | Rs. 4.593 Cr | Rs. -1.067 Cr | Rs. 1.743 Cr | + 263.36 % | -62.05 % |
Interest | Rs. 3.98 Cr | Rs. 2.86 Cr | Rs. 3.46 Cr | + 20.98 % | -13.07 % |
Depreciation | Rs. 3.03 Cr | Rs. 2.72 Cr | Rs. 2.68 Cr | -1.47 % | -11.55 % |
Profit before tax | Rs. -5.04 Cr | Rs. -22.32 Cr | Rs. -9.67 Cr | + 56.68 % | -91.87 % |
Tax % | -4.37 % | -10.51 % | -1.73 % | + 8.78 % | + 2.64 % |
Net Profit | Rs. -5.26 Cr | Rs. -24.65 Cr | Rs. -9.82 Cr | + 60.16 % | -86.69 % |
EPS in Rs | Rs. -2.46 | Rs. -11.55 | Rs. -4.6 | + 60.17 % | -86.99 % |
Today, we’re looking at Gillanders Arbuthnot & Company Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -3.22 %. However, it did see a marginal increase of 23.42 % from the previous quarter. Expenses ticked up slightly by 6.75 % quarter-on-quarter, aligning with the annual decline of -0.2 %. Operating profit, while down -101.15 % compared to last year, faced a quarter-on-quarter increase of 66.37 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.22 %, but an expansion of 16.58 % sequentially. Other income rose by 263.36 % compared to the last quarter, despite an annual decline of -62.05 %. Interest expenses surged remarkably by 20.98 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.07 %. Depreciation costs fell by -1.47 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -11.55 %. Profit before tax declined annually by -91.87 % but saw an increase from the preceding quarter by 56.68 %.
Tax expenses as a percentage of profits increased slightly by 2.64 % compared to last year, with a more notable quarter-on-quarter increase of 8.78 %. Net profit fell by -86.69 % year-on-year but experienced a 60.16 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -86.99 % but a quarterly rise of 60.17 %. In summary, Gillanders Arbuthnot & Company 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. 87.679 Cr | Rs. 68.753 Cr | Rs. 84.854 Cr | + 23.42 % | -3.22 % |
Expenses | Rs. 90.3 Cr | Rs. 84.42 Cr | Rs. 90.12 Cr | + 6.75 % | -0.2 % |
Operating Profit | Rs. -2.62 Cr | Rs. -15.67 Cr | Rs. -5.27 Cr | + 66.37 % | -101.15 % |
Net Profit | Rs. -5.26 Cr | Rs. -24.65 Cr | Rs. -9.82 Cr | + 60.16 % | -86.69 % |
EPS in Rs | Rs. -2.46 | Rs. -11.55 | Rs. -4.6 | + 60.17 % | -86.99 % |
In reviewing Gillanders Arbuthnot & Company Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.22 % year-on-year, however, there was a minor increase of 23.42 % from the previous quarter. Expenses decreased by -0.2 % compared to the previous year, with a 6.75 % increase quarter-on-quarter. Operating Profit dropped by -101.15 % annually, and saw a 66.37 % increase from the last quarter.
Net Profit showed yearly decrease of -86.69 %, and experienced a 60.16 % increase from the previous quarter. Earnings Per Share (EPS) fell by -86.99 % annually, however rose by 60.17 % compared to the last quarter. In essence, while Gillanders Arbuthnot & Company 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.