Share the post "CANTABIL RETAIL INDIA announced Financial Results Q1 2024-25"
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 14.46 % in the past year, decrease in net sales/revenue by -34.1 %.
- 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 48.12 %. Marginal decrease of -44.77% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for CANTABIL RETAIL INDIA LIMITED. Profit dropped by -7.02 % Year to Year, CANTABIL RETAIL INDIA LIMITED’s profitability dropped by -37.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -81.91 % Year to Year. EPS decreased by -38.74 % 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. 111.767 Cr | Rs. 194.116 Cr | Rs. 127.925 Cr | -34.1 % | + 14.46 % |
Expenses | Rs. 77.34 Cr | Rs. 150.18 Cr | Rs. 88.54 Cr | -41.04 % | + 14.48 % |
Operating Profit | Rs. 34.43 Cr | Rs. 43.94 Cr | Rs. 39.39 Cr | -10.36 % | + 14.41 % |
OPM % | 30.81 % | 22.64 % | 30.79 % | + 8.15 % | -0.02 % |
Other Income | Rs. 1.141 Cr | Rs. 3.06 Cr | Rs. 1.69 Cr | -44.77 % | + 48.12 % |
Interest | Rs. 6.92 Cr | Rs. 7.84 Cr | Rs. 7.87 Cr | + 0.38 % | + 13.73 % |
Depreciation | Rs. 13.41 Cr | Rs. 17.34 Cr | Rs. 17.99 Cr | + 3.75 % | + 34.15 % |
Profit before tax | Rs. 15.24 Cr | Rs. 21.82 Cr | Rs. 15.22 Cr | -30.25 % | -0.13 % |
Tax % | 19.48 % | 15.88 % | 25.02 % | + 9.14 % | + 5.54 % |
Net Profit | Rs. 12.27 Cr | Rs. 18.35 Cr | Rs. 11.41 Cr | -37.82 % | -7.01 % |
EPS in Rs | Rs. 7.52 | Rs. 2.22 | Rs. 1.36 | -38.74 % | -81.91 % |
Today, we’re looking at CANTABIL RETAIL INDIA 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 14.46 %. However, it did see a marginal slip of -34.1 % from the previous quarter. Expenses decreased slightly by -41.04 % quarter-on-quarter, aligning with the annual rise of 14.48 %. Operating profit, while up 14.41 % compared to last year, faced a quarter-on-quarter dip of -10.36 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.02 %, but an expansion of 8.15 % sequentially. Other income fell by -44.77 % compared to the last quarter, despite an annual growth of 48.12 %. Interest expenses surged remarkably by 0.38 % from the previous quarter, yet the year-over-year increase remains at a moderate 13.73 %. Depreciation costs climbed by 3.75 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 34.15 %. Profit before tax declined annually by -0.13 % but saw a reduction from the preceding quarter by -30.25 %.
Tax expenses as a percentage of profits increased slightly by 5.54 % compared to last year, with a more notable quarter-on-quarter increase of 9.14 %. Net profit fell by -7.01 % year-on-year but witnessed a -37.82 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -81.91 % but a quarterly fall of -38.74 %. In summary, CANTABIL RETAIL INDIA 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. 111.767 Cr | Rs. 194.116 Cr | Rs. 127.925 Cr | -34.1 % | + 14.46 % |
Expenses | Rs. 77.34 Cr | Rs. 150.18 Cr | Rs. 88.54 Cr | -41.04 % | + 14.48 % |
Operating Profit | Rs. 34.43 Cr | Rs. 43.94 Cr | Rs. 39.39 Cr | -10.36 % | + 14.41 % |
Net Profit | Rs. 12.27 Cr | Rs. 18.35 Cr | Rs. 11.41 Cr | -37.82 % | -7.01 % |
EPS in Rs | Rs. 7.52 | Rs. 2.22 | Rs. 1.36 | -38.74 % | -81.91 % |
In reviewing CANTABIL RETAIL INDIA LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.46 % year-on-year growth, although there was a slight dip of -34.1 % from the previous quarter. Expenses rose by 14.48 % compared to the previous year, with a decrease of -41.04 % quarter-on-quarter. Operating Profit surged by 14.41 % annually, and saw a -10.36 % decrease from the last quarter.
Net Profit showed yearly decrease of -7.01 %, and experienced a -37.82 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -81.91 % annually, however dipped by -38.74 % compared to the last quarter. In essence, while CANTABIL RETAIL INDIA LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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