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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 18.66 % in the past year, substantial increase in net sales/revenue by 19.17 %.
- 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 94.43 %. Marginal increase in other income during this quarter, up by 71.23%.
- Profit over the Year and quarter: Significant improvement in profitability for Pokarna Ltd.. Notable increase of 84.65 % in net profit Year to Year, Pokarna Ltd.’s profitability increased by 113.35 % in this quarter.
- EPS over the Year and quarter: EPS increased by 84.78 % Year to Year. EPS increased by 113.6 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 162.287 Cr | Rs. 161.592 Cr | Rs. 192.562 Cr | + 19.17 % | + 18.66 % |
| Expenses | Rs. 116.22 Cr | Rs. 120.61 Cr | Rs. 131.53 Cr | + 9.05 % | + 13.17 % |
| Operating Profit | Rs. 46.07 Cr | Rs. 40.98 Cr | Rs. 61.03 Cr | + 48.93 % | + 32.47 % |
| OPM % | 28.39 % | 25.36 % | 31.69 % | + 6.33 % | + 3.3 % |
| Other Income | Rs. 2.458 Cr | Rs. 2.791 Cr | Rs. 4.779 Cr | + 71.23 % | + 94.43 % |
| Interest | Rs. 9.89 Cr | Rs. 8.87 Cr | Rs. 8.81 Cr | -0.68 % | -10.92 % |
| Depreciation | Rs. 11.55 Cr | Rs. 11.17 Cr | Rs. 11.36 Cr | + 1.7 % | -1.65 % |
| Profit before tax | Rs. 27.09 Cr | Rs. 23.73 Cr | Rs. 45.64 Cr | + 92.33 % | + 68.48 % |
| Tax % | 33.83 % | 30.82 % | 27.6 % | -3.22 % | -6.23 % |
| Net Profit | Rs. 17.92 Cr | Rs. 15.51 Cr | Rs. 33.09 Cr | + 113.35 % | + 84.65 % |
| EPS in Rs | Rs. 5.78 | Rs. 5 | Rs. 10.68 | + 113.6 % | + 84.78 % |
Today, we’re looking at Pokarna Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.66 %. However, it did see a marginal increase of 19.17 % from the previous quarter. Expenses ticked up slightly by 9.05 % quarter-on-quarter, aligning with the annual rise of 13.17 %. Operating profit, while up 32.47 % compared to last year, faced a quarter-on-quarter increase of 48.93 %, 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 3.3 %, but an expansion of 6.33 % sequentially. Other income rose by 71.23 % compared to the last quarter, despite an annual growth of 94.43 %. Interest expenses dropped significantly by -0.68 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.92 %. Depreciation costs climbed by 1.7 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.65 %. Profit before tax grew annually by 68.48 % but saw an increase from the preceding quarter by 92.33 %.
Tax expenses as a percentage of profits decreased slightly by -6.23 % compared to last year, with a more notable quarter-on-quarter decrease of -3.22 %. Net profit rose by 84.65 % year-on-year but experienced a 113.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 84.78 % but a quarterly rise of 113.6 %. In summary, Pokarna Ltd.’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. 162.287 Cr | Rs. 161.592 Cr | Rs. 192.562 Cr | + 19.17 % | + 18.66 % |
| Expenses | Rs. 116.22 Cr | Rs. 120.61 Cr | Rs. 131.53 Cr | + 9.05 % | + 13.17 % |
| Operating Profit | Rs. 46.07 Cr | Rs. 40.98 Cr | Rs. 61.03 Cr | + 48.93 % | + 32.47 % |
| Net Profit | Rs. 17.92 Cr | Rs. 15.51 Cr | Rs. 33.09 Cr | + 113.35 % | + 84.65 % |
| EPS in Rs | Rs. 5.78 | Rs. 5 | Rs. 10.68 | + 113.6 % | + 84.78 % |
In reviewing Pokarna Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.66 % year-on-year growth, however, there was a minor increase of 19.17 % from the previous quarter. Expenses rose by 13.17 % compared to the previous year, with a 9.05 % increase quarter-on-quarter. Operating Profit surged by 32.47 % annually, and saw a 48.93 % increase from the last quarter.
Net Profit showed yearly increase of 84.65 %, and experienced a 113.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 84.78 % annually, however rose by 113.6 % compared to the last quarter. In essence, while Pokarna Ltd. 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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