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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 2.22 % in the past year, decrease in net sales/revenue by -1.89 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -10.92 %, Marginal decrease of -42.67% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Aditya Birla Real Estate Limited. Profit dropped by -108.58 % Year to Year, Aditya Birla Real Estate Limited’s profitability dropped by -83.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -108.36 % Year to Year. EPS decreased by -67.14 % 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. 1103.07 Cr | Rs. 1149.24 Cr | Rs. 1127.56 Cr | -1.89 % | + 2.22 % |
Expenses | Rs. 1074.91 Cr | Rs. 1042.7 Cr | Rs. 1039.55 Cr | -0.3 % | -3.29 % |
Operating Profit | Rs. 28.16 Cr | Rs. 106.54 Cr | Rs. 88.01 Cr | -17.39 % | + 212.54 % |
OPM % | 2.55 % | 9.27 % | 7.81 % | -1.46 % | + 5.26 % |
Other Income | Rs. 11.81 Cr | Rs. 18.35 Cr | Rs. 10.52 Cr | -42.67 % | -10.92 % |
Interest | Rs. 16.96 Cr | Rs. 12.2 Cr | Rs. 16.97 Cr | + 39.1 % | + 0.06 % |
Depreciation | Rs. 59.21 Cr | Rs. 54.64 Cr | Rs. 55.1 Cr | + 0.84 % | -6.94 % |
Profit before tax | Rs. -36.2 Cr | Rs. 58.05 Cr | Rs. 26.46 Cr | -54.42 % | + 173.09 % |
Tax % | -10.91 % | 38.23 % | 53.06 % | + 14.83 % | + 63.97 % |
Net Profit | Rs. -32.87 Cr | Rs. 17.35 Cr | Rs. 2.82 Cr | -83.75 % | + 108.58 % |
EPS in Rs | Rs. -2.75 | Rs. 0.7 | Rs. 0.23 | -67.14 % | + 108.36 % |
Today, we’re looking at Aditya Birla Real Estate 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 2.22 %. However, it did see a marginal slip of -1.89 % from the previous quarter. Expenses decreased slightly by -0.3 % quarter-on-quarter, aligning with the annual decline of -3.29 %. Operating profit, while up 212.54 % compared to last year, faced a quarter-on-quarter dip of -17.39 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.26 %, but a shrinkage of -1.46 % sequentially. Other income fell by -42.67 % compared to the last quarter, despite an annual decline of -10.92 %. Interest expenses surged remarkably by 39.1 % from the previous quarter, yet the year-over-year increase remains at a moderate 0.06 %. Depreciation costs climbed by 0.84 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.94 %. Profit before tax grew annually by 173.09 % but saw a reduction from the preceding quarter by -54.42 %.
Tax expenses as a percentage of profits increased slightly by 63.97 % compared to last year, with a more notable quarter-on-quarter increase of 14.83 %. Net profit rose by 108.58 % year-on-year but witnessed a -83.75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 108.36 % but a quarterly fall of -67.14 %. In summary, Aditya Birla Real Estate 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. 1103.07 Cr | Rs. 1149.24 Cr | Rs. 1127.56 Cr | -1.89 % | + 2.22 % |
Expenses | Rs. 1074.91 Cr | Rs. 1042.7 Cr | Rs. 1039.55 Cr | -0.3 % | -3.29 % |
Operating Profit | Rs. 28.16 Cr | Rs. 106.54 Cr | Rs. 88.01 Cr | -17.39 % | + 212.54 % |
Net Profit | Rs. -32.87 Cr | Rs. 17.35 Cr | Rs. 2.82 Cr | -83.75 % | + 108.58 % |
EPS in Rs | Rs. -2.75 | Rs. 0.7 | Rs. 0.23 | -67.14 % | + 108.36 % |
In reviewing Aditya Birla Real Estate Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.22 % year-on-year growth, although there was a slight dip of -1.89 % from the previous quarter. Expenses decreased by -3.29 % compared to the previous year, with a decrease of -0.3 % quarter-on-quarter. Operating Profit surged by 212.54 % annually, and saw a -17.39 % decrease from the last quarter.
Net Profit showed yearly increase of 108.58 %, and experienced a -83.75 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 108.36 % annually, however dipped by -67.14 % compared to the last quarter. In essence, while Aditya Birla Real Estate Limited exhibits strong annual growth 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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