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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 experienced a substantial growth of 33.07 % in the past year, decrease in net sales/revenue by -12.69 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -50.4 %, Marginal decrease of -65.54% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Hindustan Copper Limited. Notable increase of 139.85 % in net profit Year to Year, Hindustan Copper Limited’s profitability dropped by -8.79 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 138.78 % Year to Year. EPS decreased by -9.3 % 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. 370.94 Cr | Rs. 565.37 Cr | Rs. 493.6 Cr | -12.69 % | + 33.07 % |
Expenses | Rs. 277.83 Cr | Rs. 339.66 Cr | Rs. 305.16 Cr | -10.16 % | + 9.84 % |
Operating Profit | Rs. 93.11 Cr | Rs. 225.71 Cr | Rs. 188.44 Cr | -16.51 % | + 102.38 % |
OPM % | 25.1 % | 39.92 % | 38.18 % | -1.74 % | + 13.08 % |
Other Income | Rs. 13.79 Cr | Rs. 19.85 Cr | Rs. 6.84 Cr | -65.54 % | -50.4 % |
Interest | Rs. 3.97 Cr | Rs. 3.61 Cr | Rs. 3.11 Cr | -13.85 % | -21.66 % |
Depreciation | Rs. 40.73 Cr | Rs. 58.64 Cr | Rs. 38.05 Cr | -35.11 % | -6.58 % |
Profit before tax | Rs. 62.2 Cr | Rs. 183.31 Cr | Rs. 154.12 Cr | -15.92 % | + 147.78 % |
Tax % | 23.99 % | 32.1 % | 26.42 % | -5.68 % | + 2.43 % |
Net Profit | Rs. 47.28 Cr | Rs. 124.33 Cr | Rs. 113.4 Cr | -8.79 % | + 139.85 % |
EPS in Rs | Rs. 0.49 | Rs. 1.29 | Rs. 1.17 | -9.3 % | + 138.78 % |
Today, we’re looking at Hindustan Copper 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 33.07 %. However, it did see a marginal slip of -12.69 % from the previous quarter. Expenses decreased slightly by -10.16 % quarter-on-quarter, aligning with the annual rise of 9.84 %. Operating profit, while up 102.38 % compared to last year, faced a quarter-on-quarter dip of -16.51 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 13.08 %, but a shrinkage of -1.74 % sequentially. Other income fell by -65.54 % compared to the last quarter, despite an annual decline of -50.4 %. Interest expenses dropped significantly by -13.85 % from the previous quarter, yet the year-over-year decrease remains at a moderate -21.66 %. Depreciation costs fell by -35.11 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.58 %. Profit before tax grew annually by 147.78 % but saw a reduction from the preceding quarter by -15.92 %.
Tax expenses as a percentage of profits increased slightly by 2.43 % compared to last year, with a more notable quarter-on-quarter decrease of -5.68 %. Net profit rose by 139.85 % year-on-year but witnessed a -8.79 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 138.78 % but a quarterly fall of -9.3 %. In summary, Hindustan Copper 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. 370.94 Cr | Rs. 565.37 Cr | Rs. 493.6 Cr | -12.69 % | + 33.07 % |
Expenses | Rs. 277.83 Cr | Rs. 339.66 Cr | Rs. 305.16 Cr | -10.16 % | + 9.84 % |
Operating Profit | Rs. 93.11 Cr | Rs. 225.71 Cr | Rs. 188.44 Cr | -16.51 % | + 102.38 % |
Net Profit | Rs. 47.28 Cr | Rs. 124.33 Cr | Rs. 113.4 Cr | -8.79 % | + 139.85 % |
EPS in Rs | Rs. 0.49 | Rs. 1.29 | Rs. 1.17 | -9.3 % | + 138.78 % |
In reviewing Hindustan Copper Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.07 % year-on-year growth, although there was a slight dip of -12.69 % from the previous quarter. Expenses rose by 9.84 % compared to the previous year, with a decrease of -10.16 % quarter-on-quarter. Operating Profit surged by 102.38 % annually, and saw a -16.51 % decrease from the last quarter.
Net Profit showed yearly increase of 139.85 %, and experienced a -8.79 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 138.78 % annually, however dipped by -9.3 % compared to the last quarter. In essence, while Hindustan Copper Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.