Share the post "CIAN Agro Industries & Infrastructure announces Q1 Report: Revenue Dropped by 23.84% YoY"
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 -23.84 % over the year, decrease in net sales/revenue by -79.7 %.
- 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 48.72 %. Marginal decrease of -98.22% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for CIAN Agro Industries & Infrastructure Limited. Profit dropped by -63.7 % Year to Year, CIAN Agro Industries & Infrastructure Limited’s profitability dropped by -97.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -70.00 % Year to Year. EPS decreased by -98.06 % 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. 22.941 Cr | Rs. 86.087 Cr | Rs. 17.473 Cr | -79.7 % | -23.84 % |
| Expenses | Rs. 16.02 Cr | Rs. 85.38 Cr | Rs. 12.52 Cr | -85.34 % | -21.85 % |
| Operating Profit | Rs. 6.92 Cr | Rs. 0.71 Cr | Rs. 4.95 Cr | + 597.18 % | -28.47 % |
| OPM % | 30.16 % | 0.82 % | 28.33 % | + 27.51 % | -1.83 % |
| Other Income | Rs. 0.117 Cr | Rs. 9.774 Cr | Rs. 0.174 Cr | -98.22 % | + 48.72 % |
| Interest | Rs. 4.44 Cr | Rs. 3.8 Cr | Rs. 3.19 Cr | -16.05 % | -28.15 % |
| Depreciation | Rs. 2.16 Cr | Rs. 1.86 Cr | Rs. 1.87 Cr | + 0.54 % | -13.43 % |
| Profit before tax | Rs. 0.44 Cr | Rs. 4.82 Cr | Rs. 0.06 Cr | -98.76 % | -86.36 % |
| Tax % | 38.5 % | 9.7 % | 55.56 % | + 45.86 % | + 17.06 % |
| Net Profit | Rs. 0.27 Cr | Rs. 4.35 Cr | Rs. 0.1 Cr | -97.7 % | -62.96 % |
| EPS in Rs | Rs. 0.1 | Rs. 1.55 | Rs. 0.03 | -98.06 % | -70 % |
Today, we’re looking at CIAN Agro Industries & Infrastructure 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 -23.84 %. However, it did see a marginal slip of -79.7 % from the previous quarter. Expenses decreased slightly by -85.34 % quarter-on-quarter, aligning with the annual decline of -21.85 %. Operating profit, while down -28.47 % compared to last year, faced a quarter-on-quarter increase of 597.18 %, 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 -1.83 %, but an expansion of 27.51 % sequentially. Other income fell by -98.22 % compared to the last quarter, despite an annual growth of 48.72 %. Interest expenses dropped significantly by -16.05 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28.15 %. Depreciation costs climbed by 0.54 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.43 %. Profit before tax declined annually by -86.36 % but saw a reduction from the preceding quarter by -98.76 %.
Tax expenses as a percentage of profits increased slightly by 17.06 % compared to last year, with a more notable quarter-on-quarter increase of 45.86 %. Net profit fell by -62.96 % year-on-year but witnessed a -97.7 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -70 % but a quarterly fall of -98.06 %. In summary, CIAN Agro Industries & 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. 22.941 Cr | Rs. 86.087 Cr | Rs. 17.473 Cr | -79.7 % | -23.84 % |
| Expenses | Rs. 16.02 Cr | Rs. 85.38 Cr | Rs. 12.52 Cr | -85.34 % | -21.85 % |
| Operating Profit | Rs. 6.92 Cr | Rs. 0.71 Cr | Rs. 4.95 Cr | + 597.18 % | -28.47 % |
| Net Profit | Rs. 0.27 Cr | Rs. 4.35 Cr | Rs. 0.1 Cr | -97.7 % | -62.96 % |
| EPS in Rs | Rs. 0.1 | Rs. 1.55 | Rs. 0.03 | -98.06 % | -70 % |
In reviewing CIAN Agro Industries & Infrastructure Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -23.84 % year-on-year, although there was a slight dip of -79.7 % from the previous quarter. Expenses decreased by -21.85 % compared to the previous year, with a decrease of -85.34 % quarter-on-quarter. Operating Profit dropped by -28.47 % annually, and saw a 597.18 % increase from the last quarter.
Net Profit showed yearly decrease of -62.96 %, and experienced a -97.7 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -70 % annually, however dipped by -98.06 % compared to the last quarter. In essence, while CIAN Agro Industries & Infrastructure 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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