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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 46.14 % in the past year, substantial increase in net sales/revenue by 8.29 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -98.92 %, Marginal increase in other income during this quarter, up by 3.81%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Allcargo Logistics Limited. Profit dropped by -98.31 % Year to Year, Allcargo Logistics Limited’s profitability dropped by -126.56 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -99.63 % Year to Year. EPS decreased by -123.08 % 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. 360.26 Cr | Rs. 486.16 Cr | Rs. 526.47 Cr | + 8.29 % | + 46.14 % |
Expenses | Rs. 347.43 Cr | Rs. 488.43 Cr | Rs. 509.42 Cr | + 4.3 % | + 46.63 % |
Operating Profit | Rs. 12.83 Cr | Rs. -2.27 Cr | Rs. 17.05 Cr | + 851.1 % | + 32.89 % |
OPM % | 3.56 % | -0.47 % | 3.24 % | + 3.71 % | -0.32 % |
Other Income | Rs. 226.38 Cr | Rs. 2.36 Cr | Rs. 2.45 Cr | + 3.81 % | -98.92 % |
Interest | Rs. 7.45 Cr | Rs. 10.89 Cr | Rs. 11.67 Cr | + 7.16 % | + 56.64 % |
Depreciation | Rs. 4.28 Cr | Rs. 5.06 Cr | Rs. 3.49 Cr | -31.03 % | -18.46 % |
Profit before tax | Rs. 227.48 Cr | Rs. -15.86 Cr | Rs. 4.34 Cr | + 127.36 % | -98.09 % |
Tax % | 12.85 % | -20.24 % | 22.58 % | + 42.82 % | + 9.73 % |
Net Profit | Rs. 198.26 Cr | Rs. -12.65 Cr | Rs. 3.36 Cr | + 126.56 % | -98.31 % |
EPS in Rs | Rs. 8.07 | Rs. -0.13 | Rs. 0.03 | + 123.08 % | -99.63 % |
Today, we’re looking at Allcargo Logistics 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 46.14 %. However, it did see a marginal increase of 8.29 % from the previous quarter. Expenses ticked up slightly by 4.3 % quarter-on-quarter, aligning with the annual rise of 46.63 %. Operating profit, while up 32.89 % compared to last year, faced a quarter-on-quarter increase of 851.1 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.32 %, but an expansion of 3.71 % sequentially. Other income rose by 3.81 % compared to the last quarter, despite an annual decline of -98.92 %. Interest expenses surged remarkably by 7.16 % from the previous quarter, yet the year-over-year increase remains at a moderate 56.64 %. Depreciation costs fell by -31.03 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -18.46 %. Profit before tax declined annually by -98.09 % but saw an increase from the preceding quarter by 127.36 %.
Tax expenses as a percentage of profits increased slightly by 9.73 % compared to last year, with a more notable quarter-on-quarter increase of 42.82 %. Net profit fell by -98.31 % year-on-year but experienced a 126.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -99.63 % but a quarterly rise of 123.08 %. In summary, Allcargo Logistics 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. 360.26 Cr | Rs. 486.16 Cr | Rs. 526.47 Cr | + 8.29 % | + 46.14 % |
Expenses | Rs. 347.43 Cr | Rs. 488.43 Cr | Rs. 509.42 Cr | + 4.3 % | + 46.63 % |
Operating Profit | Rs. 12.83 Cr | Rs. -2.27 Cr | Rs. 17.05 Cr | + 851.1 % | + 32.89 % |
Net Profit | Rs. 198.26 Cr | Rs. -12.65 Cr | Rs. 3.36 Cr | + 126.56 % | -98.31 % |
EPS in Rs | Rs. 8.07 | Rs. -0.13 | Rs. 0.03 | + 123.08 % | -99.63 % |
In reviewing Allcargo Logistics Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 46.14 % year-on-year growth, however, there was a minor increase of 8.29 % from the previous quarter. Expenses rose by 46.63 % compared to the previous year, with a 4.3 % increase quarter-on-quarter. Operating Profit surged by 32.89 % annually, and saw a 851.1 % increase from the last quarter.
Net Profit showed yearly decrease of -98.31 %, and experienced a 126.56 % increase from the previous quarter. Earnings Per Share (EPS) fell by -99.63 % annually, however rose by 123.08 % compared to the last quarter. In essence, while Allcargo Logistics Limited faces strong annual decline 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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