Share the post "Ansal Properties & Infrastructure announces Q1 results: Profit Rises by 58.02% 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 -27.84 % over the year, decrease in net sales/revenue by -38.58 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -11.71 %, Marginal increase in other income during this quarter, up by 73.96%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ansal Properties & Infrastructure Limited. Profit dropped by -58.02 % Year to Year, Ansal Properties & Infrastructure Limited’s profitability dropped by -86.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -58.57 % Year to Year. EPS decreased by -85.2 % 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. 161.63 Cr | Rs. 189.9 Cr | Rs. 116.64 Cr | -38.58 % | -27.84 % |
Expenses | Rs. 169.21 Cr | Rs. 221.98 Cr | Rs. 117.23 Cr | -47.19 % | -30.72 % |
Operating Profit | Rs. -7.58 Cr | Rs. -32.08 Cr | Rs. -0.59 Cr | + 98.16 % | + 92.22 % |
OPM % | -4.69 % | -16.89 % | -0.51 % | + 16.38 % | + 4.18 % |
Other Income | Rs. 6.66 Cr | Rs. 3.38 Cr | Rs. 5.88 Cr | + 73.96 % | -11.71 % |
Interest | Rs. 4.63 Cr | Rs. 2.78 Cr | Rs. 2.72 Cr | -2.16 % | -41.25 % |
Depreciation | Rs. 6.43 Cr | Rs. 9.18 Cr | Rs. 9.02 Cr | -1.74 % | + 40.28 % |
Profit before tax | Rs. -11.98 Cr | Rs. -40.66 Cr | Rs. -6.45 Cr | + 84.14 % | + 46.16 % |
Tax % | -8.93 % | -18.79 % | -28.99 % | -10.2 % | -20.06 % |
Net Profit | Rs. -10.91 Cr | Rs. -33.02 Cr | Rs. -4.58 Cr | + 86.13 % | + 58.02 % |
EPS in Rs | Rs. -0.61 | Rs. -1.85 | Rs. -0.27 | + 85.41 % | + 55.74 % |
Today, we’re looking at Ansal Properties & Infrastructure Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -27.84 %. However, it did see a marginal slip of -38.58 % from the previous quarter. Expenses decreased slightly by -47.19 % quarter-on-quarter, aligning with the annual decline of -30.72 %. Operating profit, while up 92.22 % compared to last year, faced a quarter-on-quarter increase of 98.16 %, 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 4.18 %, but an expansion of 16.38 % sequentially. Other income rose by 73.96 % compared to the last quarter, despite an annual decline of -11.71 %. Interest expenses dropped significantly by -2.16 % from the previous quarter, yet the year-over-year decrease remains at a moderate -41.25 %. Depreciation costs fell by -1.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 40.28 %. Profit before tax grew annually by 46.16 % but saw an increase from the preceding quarter by 84.14 %.
Tax expenses as a percentage of profits decreased slightly by -20.06 % compared to last year, with a more notable quarter-on-quarter decrease of -10.2 %. Net profit rose by 58.02 % year-on-year but experienced a 86.13 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 55.74 % but a quarterly rise of 85.41 %. In summary, Ansal Properties & Infrastructure 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. 161.63 Cr | Rs. 189.9 Cr | Rs. 116.64 Cr | -38.58 % | -27.84 % |
Expenses | Rs. 169.21 Cr | Rs. 221.98 Cr | Rs. 117.23 Cr | -47.19 % | -30.72 % |
Operating Profit | Rs. -7.58 Cr | Rs. -32.08 Cr | Rs. -0.59 Cr | + 98.16 % | + 92.22 % |
Net Profit | Rs. -10.91 Cr | Rs. -33.02 Cr | Rs. -4.58 Cr | + 86.13 % | + 58.02 % |
EPS in Rs | Rs. -0.61 | Rs. -1.85 | Rs. -0.27 | + 85.41 % | + 55.74 % |
In reviewing Ansal Properties & Infrastructure Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -27.84 % year-on-year, although there was a slight dip of -38.58 % from the previous quarter. Expenses decreased by -30.72 % compared to the previous year, with a decrease of -47.19 % quarter-on-quarter. Operating Profit surged by 92.22 % annually, and saw a 98.16 % increase from the last quarter.
Net Profit showed yearly increase of 58.02 %, and experienced a 86.13 % increase from the previous quarter. Earnings Per Share (EPS) rose by 55.74 % annually, however rose by 85.41 % compared to the last quarter. In essence, while Ansal Properties & Infrastructure 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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