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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 1028.57 % in the past year, substantial increase in net sales/revenue by 1028.57 %.
- Income over the Year and quarter: Marginal decrease of -66.67% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kakatiya Textiles Ltd.,. Profit dropped by -84.38 % Year to Year, Kakatiya Textiles Ltd.,’s profitability dropped by -88.89 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -87.67 % Year to Year. EPS decreased by -88.46 % 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. 0.21 Cr | Rs. 0.21 Cr | Rs. 2.37 Cr | + 1028.57 % | + 1028.57 % |
| Expenses | Rs. 0.51 Cr | Rs. 0.57 Cr | Rs. 2.31 Cr | + 305.26 % | + 352.94 % |
| Operating Profit | Rs. -0.3 Cr | Rs. -0.36 Cr | Rs. 0.06 Cr | + 116.67 % | + 120 % |
| OPM % | -142.86 % | -171.43 % | 2.53 % | + 173.96 % | + 145.39 % |
| Other Income | Rs. 0.1 Cr | Rs. 0.03 Cr | Rs. 0.01 Cr | -66.67 % | -90 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.12 Cr | Rs. 0.12 Cr | Rs. 0.12 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.32 Cr | Rs. -0.45 Cr | Rs. -0.05 Cr | + 88.89 % | + 84.38 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -0.32 Cr | Rs. -0.45 Cr | Rs. -0.05 Cr | + 88.89 % | + 84.38 % |
| EPS in Rs | Rs. -0.73 | Rs. -0.78 | Rs. -0.09 | + 88.46 % | + 87.67 % |
Today, we’re looking at Kakatiya Textiles 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 1028.57 %. However, it did see a marginal increase of 1028.57 % from the previous quarter. Expenses ticked up slightly by 305.26 % quarter-on-quarter, aligning with the annual rise of 352.94 %. Operating profit, while up 120 % compared to last year, faced a quarter-on-quarter increase of 116.67 %, 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 145.39 %, but an expansion of 173.96 % sequentially. Other income fell by -66.67 % compared to the last quarter, despite an annual decline of -90 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 84.38 % but saw an increase from the preceding quarter by 88.89 %.
Net profit rose by 84.38 % year-on-year but experienced a 88.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 87.67 % but a quarterly rise of 88.46 %. In summary, Kakatiya Textiles 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. 0.21 Cr | Rs. 0.21 Cr | Rs. 2.37 Cr | + 1028.57 % | + 1028.57 % |
| Expenses | Rs. 0.51 Cr | Rs. 0.57 Cr | Rs. 2.31 Cr | + 305.26 % | + 352.94 % |
| Operating Profit | Rs. -0.3 Cr | Rs. -0.36 Cr | Rs. 0.06 Cr | + 116.67 % | + 120 % |
| Net Profit | Rs. -0.32 Cr | Rs. -0.45 Cr | Rs. -0.05 Cr | + 88.89 % | + 84.38 % |
| EPS in Rs | Rs. -0.73 | Rs. -0.78 | Rs. -0.09 | + 88.46 % | + 87.67 % |
In reviewing Kakatiya Textiles Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1028.57 % year-on-year growth, however, there was a minor increase of 1028.57 % from the previous quarter. Expenses rose by 352.94 % compared to the previous year, with a 305.26 % increase quarter-on-quarter. Operating Profit surged by 120 % annually, and saw a 116.67 % increase from the last quarter.
Net Profit showed yearly increase of 84.38 %, and experienced a 88.89 % increase from the previous quarter. Earnings Per Share (EPS) rose by 87.67 % annually, however rose by 88.46 % compared to the last quarter. In essence, while Kakatiya Textiles 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.
