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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.61 % in the past year, decrease in net sales/revenue by -0.27 %.
- 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 38.82 %. Marginal increase in other income during this quarter, up by 5.47%.
- Profit over the Year and quarter: Challenges in sustaining profitability for CESC Limited,. Profit dropped by -22.05 % Year to Year, CESC Limited,’s profitability increased by 20.59 % in this quarter.
- EPS over the Year and quarter: EPS declined by -21.61 % Year to Year. EPS increased by 21.88 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1655 Cr | Rs. 1819 Cr | Rs. 1814 Cr | -0.27 % | + 9.61 % |
| Expenses | Rs. 1417 Cr | Rs. 1757 Cr | Rs. 1781 Cr | + 1.37 % | + 25.69 % |
| Operating Profit | Rs. 238 Cr | Rs. 62 Cr | Rs. 33 Cr | -46.77 % | -86.13 % |
| OPM % | 14.38 % | 3.41 % | 1.82 % | -1.59 % | -12.56 % |
| Other Income | Rs. 389 Cr | Rs. 512 Cr | Rs. 540 Cr | + 5.47 % | + 38.82 % |
| Interest | Rs. 166 Cr | Rs. 177 Cr | Rs. 205 Cr | + 15.82 % | + 23.49 % |
| Depreciation | Rs. 122 Cr | Rs. 180 Cr | Rs. 183 Cr | + 1.67 % | + 50 % |
| Profit before tax | Rs. 339 Cr | Rs. 217 Cr | Rs. 185 Cr | -14.75 % | -45.43 % |
| Tax % | 22.42 % | 21.66 % | 10.81 % | -10.85 % | -11.61 % |
| Net Profit | Rs. 263 Cr | Rs. 170 Cr | Rs. 205 Cr | + 20.59 % | -22.05 % |
| EPS in Rs | Rs. 1.99 | Rs. 1.28 | Rs. 1.56 | + 21.88 % | -21.61 % |
Today, we’re looking at CESC Limited,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 9.61 %. However, it did see a marginal slip of -0.27 % from the previous quarter. Expenses ticked up slightly by 1.37 % quarter-on-quarter, aligning with the annual rise of 25.69 %. Operating profit, while down -86.13 % compared to last year, faced a quarter-on-quarter dip of -46.77 %, 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 -12.56 %, but a shrinkage of -1.59 % sequentially. Other income rose by 5.47 % compared to the last quarter, despite an annual growth of 38.82 %. Interest expenses surged remarkably by 15.82 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.49 %. Depreciation costs climbed by 1.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50 %. Profit before tax declined annually by -45.43 % but saw a reduction from the preceding quarter by -14.75 %.
Tax expenses as a percentage of profits decreased slightly by -11.61 % compared to last year, with a more notable quarter-on-quarter decrease of -10.85 %. Net profit fell by -22.05 % year-on-year but experienced a 20.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -21.61 % but a quarterly rise of 21.88 %. In summary, CESC 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. 1655 Cr | Rs. 1819 Cr | Rs. 1814 Cr | -0.27 % | + 9.61 % |
| Expenses | Rs. 1417 Cr | Rs. 1757 Cr | Rs. 1781 Cr | + 1.37 % | + 25.69 % |
| Operating Profit | Rs. 238 Cr | Rs. 62 Cr | Rs. 33 Cr | -46.77 % | -86.13 % |
| Net Profit | Rs. 263 Cr | Rs. 170 Cr | Rs. 205 Cr | + 20.59 % | -22.05 % |
| EPS in Rs | Rs. 1.99 | Rs. 1.28 | Rs. 1.56 | + 21.88 % | -21.61 % |
In reviewing CESC Limited,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.61 % year-on-year growth, although there was a slight dip of -0.27 % from the previous quarter. Expenses rose by 25.69 % compared to the previous year, with a 1.37 % increase quarter-on-quarter. Operating Profit dropped by -86.13 % annually, and saw a -46.77 % decrease from the last quarter.
Net Profit showed yearly decrease of -22.05 %, and experienced a 20.59 % increase from the previous quarter. Earnings Per Share (EPS) fell by -21.61 % annually, however rose by 21.88 % compared to the last quarter. In essence, while CESC 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.
