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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 0.13 % in the past year, decrease in net sales/revenue by -12.71 %.
- 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 59.98 %. Marginal increase in other income during this quarter, up by 435.58%.
- Profit over the Year and quarter: Significant improvement in profitability for Adani Enterprises Limited. Notable increase of 161.81 % in net profit Year to Year, Adani Enterprises Limited’s profitability increased by 403.13 % in this quarter.
- EPS over the Year and quarter: EPS increased by 108.12 % Year to Year. EPS increased by 252.44 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 25438.45 Cr | Rs. 29180.02 Cr | Rs. 25472.4 Cr | -12.71 % | + 0.13 % |
Expenses | Rs. 22955.68 Cr | Rs. 25984.58 Cr | Rs. 21766.59 Cr | -16.23 % | -5.18 % |
Operating Profit | Rs. 2482.77 Cr | Rs. 3195.44 Cr | Rs. 3705.81 Cr | + 15.97 % | + 49.26 % |
OPM % | 9.76 % | 10.95 % | 14.55 % | + 3.6 % | + 4.79 % |
Other Income | Rs. 371.49 Cr | Rs. -177.1 Cr | Rs. 594.32 Cr | + 435.58 % | + 59.98 % |
Interest | Rs. 1103.11 Cr | Rs. 1512.62 Cr | Rs. 1130.49 Cr | -25.26 % | + 2.48 % |
Depreciation | Rs. 713.86 Cr | Rs. 811.47 Cr | Rs. 934.08 Cr | + 15.11 % | + 30.85 % |
Profit before tax | Rs. 1037.29 Cr | Rs. 694.25 Cr | Rs. 2235.56 Cr | + 222.01 % | + 115.52 % |
Tax % | 33.41 % | 61.95 % | 26.11 % | -35.84 % | -7.3 % |
Net Profit | Rs. 676.93 Cr | Rs. 352.25 Cr | Rs. 1772.26 Cr | + 403.13 % | + 161.81 % |
EPS in Rs | Rs. 5.91 | Rs. 3.49 | Rs. 12.3 | + 252.44 % | + 108.12 % |
Today, we’re looking at Adani Enterprises 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 0.13 %. However, it did see a marginal slip of -12.71 % from the previous quarter. Expenses decreased slightly by -16.23 % quarter-on-quarter, aligning with the annual decline of -5.18 %. Operating profit, while up 49.26 % compared to last year, faced a quarter-on-quarter increase of 15.97 %, 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 4.79 %, but an expansion of 3.6 % sequentially. Other income rose by 435.58 % compared to the last quarter, despite an annual growth of 59.98 %. Interest expenses dropped significantly by -25.26 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.48 %. Depreciation costs climbed by 15.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 30.85 %. Profit before tax grew annually by 115.52 % but saw an increase from the preceding quarter by 222.01 %.
Tax expenses as a percentage of profits decreased slightly by -7.3 % compared to last year, with a more notable quarter-on-quarter decrease of -35.84 %. Net profit rose by 161.81 % year-on-year but experienced a 403.13 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 108.12 % but a quarterly rise of 252.44 %. In summary, Adani Enterprises 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. 25438.45 Cr | Rs. 29180.02 Cr | Rs. 25472.4 Cr | -12.71 % | + 0.13 % |
Expenses | Rs. 22955.68 Cr | Rs. 25984.58 Cr | Rs. 21766.59 Cr | -16.23 % | -5.18 % |
Operating Profit | Rs. 2482.77 Cr | Rs. 3195.44 Cr | Rs. 3705.81 Cr | + 15.97 % | + 49.26 % |
Net Profit | Rs. 676.93 Cr | Rs. 352.25 Cr | Rs. 1772.26 Cr | + 403.13 % | + 161.81 % |
EPS in Rs | Rs. 5.91 | Rs. 3.49 | Rs. 12.3 | + 252.44 % | + 108.12 % |
In reviewing Adani Enterprises Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.13 % year-on-year growth, although there was a slight dip of -12.71 % from the previous quarter. Expenses decreased by -5.18 % compared to the previous year, with a decrease of -16.23 % quarter-on-quarter. Operating Profit surged by 49.26 % annually, and saw a 15.97 % increase from the last quarter.
Net Profit showed yearly increase of 161.81 %, and experienced a 403.13 % increase from the previous quarter. Earnings Per Share (EPS) rose by 108.12 % annually, however rose by 252.44 % compared to the last quarter. In essence, while Adani Enterprises Limited 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.