Share the post "Alufluoride announces Q1 results: Profit Rises by 17.03% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -7.97 % over the year, decrease in net sales/revenue by -24.07 %.
- 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 87.36 %. Marginal decrease of -70.81% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Alufluoride Ltd.. Notable increase of 17.08 % in net profit Year to Year, Alufluoride Ltd.’s profitability dropped by -28.44 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 13.82 % Year to Year. EPS decreased by -28.74 % 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. 36.629 Cr | Rs. 44.395 Cr | Rs. 33.71 Cr | -24.07 % | -7.97 % |
Expenses | Rs. 29.14 Cr | Rs. 37.26 Cr | Rs. 26.17 Cr | -29.76 % | -10.19 % |
Operating Profit | Rs. 7.49 Cr | Rs. 7.14 Cr | Rs. 7.54 Cr | + 5.6 % | + 0.67 % |
OPM % | 20.45 % | 16.08 % | 22.37 % | + 6.29 % | + 1.92 % |
Other Income | Rs. 0.348 Cr | Rs. 2.234 Cr | Rs. 0.652 Cr | -70.81 % | + 87.36 % |
Interest | Rs. 0.82 Cr | Rs. 0.74 Cr | Rs. 0.69 Cr | -6.76 % | -15.85 % |
Depreciation | Rs. 2.09 Cr | Rs. 2.21 Cr | Rs. 2.19 Cr | -0.9 % | + 4.78 % |
Profit before tax | Rs. 4.93 Cr | Rs. 6.42 Cr | Rs. 5.31 Cr | -17.29 % | + 7.71 % |
Tax % | 34.42 % | 17.68 % | 28.83 % | + 11.15 % | -5.59 % |
Net Profit | Rs. 3.23 Cr | Rs. 5.29 Cr | Rs. 3.78 Cr | -28.54 % | + 17.03 % |
EPS in Rs | Rs. 4.27 | Rs. 6.82 | Rs. 4.86 | -28.74 % | + 13.82 % |
Today, we’re looking at Alufluoride Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -7.97 %. However, it did see a marginal slip of -24.07 % from the previous quarter. Expenses decreased slightly by -29.76 % quarter-on-quarter, aligning with the annual decline of -10.19 %. Operating profit, while up 0.67 % compared to last year, faced a quarter-on-quarter increase of 5.6 %, 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 1.92 %, but an expansion of 6.29 % sequentially. Other income fell by -70.81 % compared to the last quarter, despite an annual growth of 87.36 %. Interest expenses dropped significantly by -6.76 % from the previous quarter, yet the year-over-year decrease remains at a moderate -15.85 %. Depreciation costs fell by -0.9 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.78 %. Profit before tax grew annually by 7.71 % but saw a reduction from the preceding quarter by -17.29 %.
Tax expenses as a percentage of profits decreased slightly by -5.59 % compared to last year, with a more notable quarter-on-quarter increase of 11.15 %. Net profit rose by 17.03 % year-on-year but witnessed a -28.54 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 13.82 % but a quarterly fall of -28.74 %. In summary, Alufluoride Ltd.’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. 36.629 Cr | Rs. 44.395 Cr | Rs. 33.71 Cr | -24.07 % | -7.97 % |
Expenses | Rs. 29.14 Cr | Rs. 37.26 Cr | Rs. 26.17 Cr | -29.76 % | -10.19 % |
Operating Profit | Rs. 7.49 Cr | Rs. 7.14 Cr | Rs. 7.54 Cr | + 5.6 % | + 0.67 % |
Net Profit | Rs. 3.23 Cr | Rs. 5.29 Cr | Rs. 3.78 Cr | -28.54 % | + 17.03 % |
EPS in Rs | Rs. 4.27 | Rs. 6.82 | Rs. 4.86 | -28.74 % | + 13.82 % |
In reviewing Alufluoride Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.97 % year-on-year, although there was a slight dip of -24.07 % from the previous quarter. Expenses decreased by -10.19 % compared to the previous year, with a decrease of -29.76 % quarter-on-quarter. Operating Profit surged by 0.67 % annually, and saw a 5.6 % increase from the last quarter.
Net Profit showed yearly increase of 17.03 %, and experienced a -28.54 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 13.82 % annually, however dipped by -28.74 % compared to the last quarter. In essence, while Alufluoride Ltd. 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.
[my_shortcode1]