Share the post "ANSAL HOUSING Reports Q1: Revenue Up by 38.16% Year-on-Year"
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 38.16 % in the past year, decrease in net sales/revenue by -26.32 %.
- 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 17573.24 %. Marginal increase in other income during this quarter, up by 1541.07%.
- Profit over the Year and quarter: Challenges in sustaining profitability for ANSAL HOUSING LIMITED. Profit dropped by -1059.76 % Year to Year, ANSAL HOUSING LIMITED’s profitability increased by 111.44 % in this quarter.
- EPS over the Year and quarter: EPS declined by -1,059.68 % Year to Year. EPS increased by 110.25 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 78.274 Cr | Rs. 146.781 Cr | Rs. 108.147 Cr | -26.32 % | + 38.16 % |
Expenses | Rs. 66.04 Cr | Rs. 128.87 Cr | Rs. 111.09 Cr | -13.8 % | + 68.22 % |
Operating Profit | Rs. 12.23 Cr | Rs. 17.91 Cr | Rs. -2.94 Cr | -116.42 % | -124.04 % |
OPM % | 15.62 % | 12.2 % | -2.72 % | -14.92 % | -18.34 % |
Other Income | Rs. 0.568 Cr | Rs. 6.117 Cr | Rs. 100.384 Cr | + 1541.07 % | + 17573.24 % |
Interest | Rs. 17.21 Cr | Rs. 16.42 Cr | Rs. 11.22 Cr | -31.67 % | -34.81 % |
Depreciation | Rs. 0.43 Cr | Rs. 0.42 Cr | Rs. 0.41 Cr | -2.38 % | -4.65 % |
Profit before tax | Rs. -4.84 Cr | Rs. 7.19 Cr | Rs. 85.81 Cr | + 1093.46 % | + 1872.93 % |
Tax % | -10.45 % | 173.43 % | 51.53 % | -121.9 % | + 61.98 % |
Net Profit | Rs. -4.33 Cr | Rs. 19.67 Cr | Rs. 41.6 Cr | + 111.49 % | + 1060.74 % |
EPS in Rs | Rs. -0.62 | Rs. 2.83 | Rs. 5.95 | + 110.25 % | + 1059.68 % |
Today, we’re looking at ANSAL HOUSING 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 38.16 %. However, it did see a marginal slip of -26.32 % from the previous quarter. Expenses decreased slightly by -13.8 % quarter-on-quarter, aligning with the annual rise of 68.22 %. Operating profit, while down -124.04 % compared to last year, faced a quarter-on-quarter dip of -116.42 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -18.34 %, but a shrinkage of -14.92 % sequentially. Other income rose by 1541.07 % compared to the last quarter, despite an annual growth of 17573.24 %. Interest expenses dropped significantly by -31.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -34.81 %. Depreciation costs fell by -2.38 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.65 %. Profit before tax grew annually by 1872.93 % but saw an increase from the preceding quarter by 1093.46 %.
Tax expenses as a percentage of profits increased slightly by 61.98 % compared to last year, with a more notable quarter-on-quarter decrease of -121.9 %. Net profit rose by 1060.74 % year-on-year but experienced a 111.49 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1059.68 % but a quarterly rise of 110.25 %. In summary, ANSAL HOUSING 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. 78.274 Cr | Rs. 146.781 Cr | Rs. 108.147 Cr | -26.32 % | + 38.16 % |
Expenses | Rs. 66.04 Cr | Rs. 128.87 Cr | Rs. 111.09 Cr | -13.8 % | + 68.22 % |
Operating Profit | Rs. 12.23 Cr | Rs. 17.91 Cr | Rs. -2.94 Cr | -116.42 % | -124.04 % |
Net Profit | Rs. -4.33 Cr | Rs. 19.67 Cr | Rs. 41.6 Cr | + 111.49 % | + 1060.74 % |
EPS in Rs | Rs. -0.62 | Rs. 2.83 | Rs. 5.95 | + 110.25 % | + 1059.68 % |
In reviewing ANSAL HOUSING LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 38.16 % year-on-year growth, although there was a slight dip of -26.32 % from the previous quarter. Expenses rose by 68.22 % compared to the previous year, with a decrease of -13.8 % quarter-on-quarter. Operating Profit dropped by -124.04 % annually, and saw a -116.42 % decrease from the last quarter.
Net Profit showed yearly increase of 1060.74 %, and experienced a 111.49 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1059.68 % annually, however rose by 110.25 % compared to the last quarter. In essence, while ANSAL HOUSING 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.
[my_shortcode1]