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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 32.59 % in the past year, decrease in net sales/revenue by -28.47 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 1.26 %. Marginal decrease of -40.49% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for ORIENTAL RAIL INFRASTRUCTURE LIMITED. Notable increase of 7.72 % in net profit Year to Year, ORIENTAL RAIL INFRASTRUCTURE LIMITED’s profitability increased by 34 % in this quarter.
- EPS over the Year and quarter: EPS increased by 27.72 % Year to Year. EPS increased by 81.69 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 92.812 Cr | Rs. 172.039 Cr | Rs. 123.058 Cr | -28.47 % | + 32.59 % |
Expenses | Rs. 79.46 Cr | Rs. 159.35 Cr | Rs. 109.12 Cr | -31.52 % | + 37.33 % |
Operating Profit | Rs. 13.35 Cr | Rs. 12.69 Cr | Rs. 13.94 Cr | + 9.85 % | + 4.42 % |
OPM % | 14.38 % | 7.38 % | 11.33 % | + 3.95 % | -3.05 % |
Other Income | Rs. 0.556 Cr | Rs. 0.946 Cr | Rs. 0.563 Cr | -40.49 % | + 1.26 % |
Interest | Rs. 5.32 Cr | Rs. 5.86 Cr | Rs. 4.4 Cr | -24.91 % | -17.29 % |
Depreciation | Rs. 1.82 Cr | Rs. 2.03 Cr | Rs. 2.19 Cr | + 7.88 % | + 20.33 % |
Profit before tax | Rs. 6.77 Cr | Rs. 5.75 Cr | Rs. 7.91 Cr | + 37.57 % | + 16.84 % |
Tax % | 19.68 % | 23.9 % | 25.89 % | + 1.99 % | + 6.21 % |
Net Profit | Rs. 5.44 Cr | Rs. 4.37 Cr | Rs. 5.86 Cr | + 34.1 % | + 7.72 % |
EPS in Rs | Rs. 1.01 | Rs. 0.71 | Rs. 1.29 | + 81.69 % | + 27.72 % |
Today, we’re looking at ORIENTAL RAIL INFRASTRUCTURE 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 32.59 %. However, it did see a marginal slip of -28.47 % from the previous quarter. Expenses decreased slightly by -31.52 % quarter-on-quarter, aligning with the annual rise of 37.33 %. Operating profit, while up 4.42 % compared to last year, faced a quarter-on-quarter increase of 9.85 %, 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 -3.05 %, but an expansion of 3.95 % sequentially. Other income fell by -40.49 % compared to the last quarter, despite an annual growth of 1.26 %. Interest expenses dropped significantly by -24.91 % from the previous quarter, yet the year-over-year decrease remains at a moderate -17.29 %. Depreciation costs climbed by 7.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.33 %. Profit before tax grew annually by 16.84 % but saw an increase from the preceding quarter by 37.57 %.
Tax expenses as a percentage of profits increased slightly by 6.21 % compared to last year, with a more notable quarter-on-quarter increase of 1.99 %. Net profit rose by 7.72 % year-on-year but experienced a 34.1 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 27.72 % but a quarterly rise of 81.69 %. In summary, ORIENTAL RAIL INFRASTRUCTURE 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. 92.812 Cr | Rs. 172.039 Cr | Rs. 123.058 Cr | -28.47 % | + 32.59 % |
Expenses | Rs. 79.46 Cr | Rs. 159.35 Cr | Rs. 109.12 Cr | -31.52 % | + 37.33 % |
Operating Profit | Rs. 13.35 Cr | Rs. 12.69 Cr | Rs. 13.94 Cr | + 9.85 % | + 4.42 % |
Net Profit | Rs. 5.44 Cr | Rs. 4.37 Cr | Rs. 5.86 Cr | + 34.1 % | + 7.72 % |
EPS in Rs | Rs. 1.01 | Rs. 0.71 | Rs. 1.29 | + 81.69 % | + 27.72 % |
In reviewing ORIENTAL RAIL INFRASTRUCTURE LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 32.59 % year-on-year growth, although there was a slight dip of -28.47 % from the previous quarter. Expenses rose by 37.33 % compared to the previous year, with a decrease of -31.52 % quarter-on-quarter. Operating Profit surged by 4.42 % annually, and saw a 9.85 % increase from the last quarter.
Net Profit showed yearly increase of 7.72 %, and experienced a 34.1 % increase from the previous quarter. Earnings Per Share (EPS) rose by 27.72 % annually, however rose by 81.69 % compared to the last quarter. In essence, while ORIENTAL RAIL INFRASTRUCTURE 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.
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