Share the post "Gian Life Care announced Financial Results Q1 2024-25"
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 -18.4 % over the year, decrease in net sales/revenue by -56.95 %.
- 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 27.59 %. Marginal increase in other income during this quarter, up by 0.54%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Gian Life Care Limited. Profit dropped by -64.89 % Year to Year, Gian Life Care Limited’s profitability dropped by -95.69 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -64.00 % Year to Year. EPS decreased by -95.65 % 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. 2.429 Cr | Rs. 4.604 Cr | Rs. 1.982 Cr | -56.95 % | -18.4 % |
Expenses | Rs. 1.92 Cr | Rs. 1.56 Cr | Rs. 1.76 Cr | + 12.82 % | -8.33 % |
Operating Profit | Rs. 0.51 Cr | Rs. 3.04 Cr | Rs. 0.22 Cr | -92.76 % | -56.86 % |
OPM % | 21 % | 66.03 % | 11.1 % | -54.93 % | -9.9 % |
Other Income | Rs. 0.145 Cr | Rs. 0.184 Cr | Rs. 0.185 Cr | + 0.54 % | + 27.59 % |
Interest | Rs. 0.12 Cr | Rs. 0.1 Cr | Rs. 0.14 Cr | + 40 % | + 16.67 % |
Depreciation | Rs. 0.13 Cr | Rs. 0.11 Cr | Rs. 0.12 Cr | + 9.09 % | -7.69 % |
Profit before tax | Rs. 0.41 Cr | Rs. 3.01 Cr | Rs. 0.15 Cr | -95.02 % | -63.41 % |
Tax % | 34.83 % | 29.37 % | 39.07 % | + 9.7 % | + 4.24 % |
Net Profit | Rs. 0.26 Cr | Rs. 2.13 Cr | Rs. 0.09 Cr | -95.77 % | -65.38 % |
EPS in Rs | Rs. 0.25 | Rs. 2.07 | Rs. 0.09 | -95.65 % | -64 % |
Today, we’re looking at Gian Life Care 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 -18.4 %. However, it did see a marginal slip of -56.95 % from the previous quarter. Expenses ticked up slightly by 12.82 % quarter-on-quarter, aligning with the annual decline of -8.33 %. Operating profit, while down -56.86 % compared to last year, faced a quarter-on-quarter dip of -92.76 %, 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 -9.9 %, but a shrinkage of -54.93 % sequentially. Other income rose by 0.54 % compared to the last quarter, despite an annual growth of 27.59 %. Interest expenses surged remarkably by 40 % from the previous quarter, yet the year-over-year increase remains at a moderate 16.67 %. Depreciation costs climbed by 9.09 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.69 %. Profit before tax declined annually by -63.41 % but saw a reduction from the preceding quarter by -95.02 %.
Tax expenses as a percentage of profits increased slightly by 4.24 % compared to last year, with a more notable quarter-on-quarter increase of 9.7 %. Net profit fell by -65.38 % year-on-year but witnessed a -95.77 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -64 % but a quarterly fall of -95.65 %. In summary, Gian Life Care 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. 2.429 Cr | Rs. 4.604 Cr | Rs. 1.982 Cr | -56.95 % | -18.4 % |
Expenses | Rs. 1.92 Cr | Rs. 1.56 Cr | Rs. 1.76 Cr | + 12.82 % | -8.33 % |
Operating Profit | Rs. 0.51 Cr | Rs. 3.04 Cr | Rs. 0.22 Cr | -92.76 % | -56.86 % |
Net Profit | Rs. 0.26 Cr | Rs. 2.13 Cr | Rs. 0.09 Cr | -95.77 % | -65.38 % |
EPS in Rs | Rs. 0.25 | Rs. 2.07 | Rs. 0.09 | -95.65 % | -64 % |
In reviewing Gian Life Care Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.4 % year-on-year, although there was a slight dip of -56.95 % from the previous quarter. Expenses decreased by -8.33 % compared to the previous year, with a 12.82 % increase quarter-on-quarter. Operating Profit dropped by -56.86 % annually, and saw a -92.76 % decrease from the last quarter.
Net Profit showed yearly decrease of -65.38 %, and experienced a -95.77 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -64 % annually, however dipped by -95.65 % compared to the last quarter. In essence, while Gian Life Care 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.