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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 32.13 % in the past year, substantial increase in net sales/revenue by 8.04 %.
- Profit over the Year and quarter: Significant improvement in profitability for Aditya Birla Money Limited. Notable increase of 123.87 % in net profit Year to Year, Aditya Birla Money Limited’s profitability increased by 63.1 % in this quarter.
- EPS over the Year and quarter: EPS increased by 123.70 % Year to Year. EPS increased by 62.76 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 96.369 Cr | Rs. 117.856 Cr | Rs. 127.332 Cr | + 8.04 % | + 32.13 % |
Expenses | Rs. 57.47 Cr | Rs. 65.76 Cr | Rs. 59.04 Cr | -10.22 % | + 2.73 % |
Operating Profit | Rs. 38.9 Cr | Rs. 52.1 Cr | Rs. 68.29 Cr | + 31.07 % | + 75.55 % |
OPM % | 40.37 % | 44.21 % | 53.63 % | + 9.42 % | + 13.26 % |
Other Income | Rs. 1.185 Cr | Rs. 1.875 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 21.14 Cr | Rs. 29.32 Cr | Rs. 29.63 Cr | + 1.06 % | + 40.16 % |
Depreciation | Rs. 2.13 Cr | Rs. 2.32 Cr | Rs. 2.46 Cr | + 6.03 % | + 15.49 % |
Profit before tax | Rs. 16.82 Cr | Rs. 22.34 Cr | Rs. 36.2 Cr | + 62.04 % | + 115.22 % |
Tax % | 29.09 % | 26.71 % | 26.3 % | -0.41 % | -2.79 % |
Net Profit | Rs. 11.92 Cr | Rs. 16.36 Cr | Rs. 26.69 Cr | + 63.14 % | + 123.91 % |
EPS in Rs | Rs. 2.11 | Rs. 2.9 | Rs. 4.72 | + 62.76 % | + 123.7 % |
Today, we’re looking at Aditya Birla Money Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 32.13 %. However, it did see a marginal increase of 8.04 % from the previous quarter. Expenses decreased slightly by -10.22 % quarter-on-quarter, aligning with the annual rise of 2.73 %. Operating profit, while up 75.55 % compared to last year, faced a quarter-on-quarter increase of 31.07 %, 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 13.26 %, but an expansion of 9.42 % sequentially. Interest expenses surged remarkably by 1.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 40.16 %. Depreciation costs climbed by 6.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.49 %. Profit before tax grew annually by 115.22 % but saw an increase from the preceding quarter by 62.04 %.
Tax expenses as a percentage of profits decreased slightly by -2.79 % compared to last year, with a more notable quarter-on-quarter decrease of -0.41 %. Net profit rose by 123.91 % year-on-year but experienced a 63.14 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 123.7 % but a quarterly rise of 62.76 %. In summary, Aditya Birla Money 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. 96.369 Cr | Rs. 117.856 Cr | Rs. 127.332 Cr | + 8.04 % | + 32.13 % |
Expenses | Rs. 57.47 Cr | Rs. 65.76 Cr | Rs. 59.04 Cr | -10.22 % | + 2.73 % |
Operating Profit | Rs. 38.9 Cr | Rs. 52.1 Cr | Rs. 68.29 Cr | + 31.07 % | + 75.55 % |
Net Profit | Rs. 11.92 Cr | Rs. 16.36 Cr | Rs. 26.69 Cr | + 63.14 % | + 123.91 % |
EPS in Rs | Rs. 2.11 | Rs. 2.9 | Rs. 4.72 | + 62.76 % | + 123.7 % |
In reviewing Aditya Birla Money Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 32.13 % year-on-year growth, however, there was a minor increase of 8.04 % from the previous quarter. Expenses rose by 2.73 % compared to the previous year, with a decrease of -10.22 % quarter-on-quarter. Operating Profit surged by 75.55 % annually, and saw a 31.07 % increase from the last quarter.
Net Profit showed yearly increase of 123.91 %, and experienced a 63.14 % increase from the previous quarter. Earnings Per Share (EPS) rose by 123.7 % annually, however rose by 62.76 % compared to the last quarter. In essence, while Aditya Birla Money 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.
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