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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2.84 % in the past year, substantial increase in net sales/revenue by 22.4 %.
- 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 7.15 %. Marginal increase in other income during this quarter, up by 26.37%.
- Profit over the Year and quarter: Significant improvement in profitability for Ashok Leyland Ltd.,. Notable increase of 16.32 % in net profit Year to Year, Ashok Leyland Ltd.,’s profitability increased by 53.35 % in this quarter.
- EPS over the Year and quarter: EPS increased by 13.67 % Year to Year. EPS increased by 52.36 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 13202.55 Cr | Rs. 11092.7 Cr | Rs. 13577.58 Cr | + 22.4 % | + 2.84 % |
Expenses | Rs. 11244.63 Cr | Rs. 9131.42 Cr | Rs. 10975.06 Cr | + 20.19 % | -2.4 % |
Operating Profit | Rs. 1957.92 Cr | Rs. 1961.28 Cr | Rs. 2602.52 Cr | + 32.69 % | + 32.92 % |
OPM % | 14.83 % | 17.68 % | 19.17 % | + 1.49 % | + 4.34 % |
Other Income | Rs. 38.73 Cr | Rs. 32.84 Cr | Rs. 41.5 Cr | + 26.37 % | + 7.15 % |
Interest | Rs. 582.13 Cr | Rs. 782.73 Cr | Rs. 829.23 Cr | + 5.94 % | + 42.45 % |
Depreciation | Rs. 258.74 Cr | Rs. 240.92 Cr | Rs. 232.87 Cr | -3.34 % | -10 % |
Profit before tax | Rs. 1155.78 Cr | Rs. 970.47 Cr | Rs. 1581.92 Cr | + 63.01 % | + 36.87 % |
Tax % | 34.09 % | 38.34 % | 38.55 % | + 0.21 % | + 4.46 % |
Net Profit | Rs. 802.71 Cr | Rs. 608.85 Cr | Rs. 933.69 Cr | + 53.35 % | + 16.32 % |
EPS in Rs | Rs. 2.56 | Rs. 1.91 | Rs. 2.9 | + 51.83 % | + 13.28 % |
Today, we’re looking at Ashok Leyland Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 2.84 %. However, it did see a marginal increase of 22.4 % from the previous quarter. Expenses ticked up slightly by 20.19 % quarter-on-quarter, aligning with the annual decline of -2.4 %. Operating profit, while up 32.92 % compared to last year, faced a quarter-on-quarter increase of 32.69 %, 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 4.34 %, but an expansion of 1.49 % sequentially. Other income rose by 26.37 % compared to the last quarter, despite an annual growth of 7.15 %. Interest expenses surged remarkably by 5.94 % from the previous quarter, yet the year-over-year increase remains at a moderate 42.45 %. Depreciation costs fell by -3.34 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10 %. Profit before tax grew annually by 36.87 % but saw an increase from the preceding quarter by 63.01 %.
Tax expenses as a percentage of profits increased slightly by 4.46 % compared to last year, with a more notable quarter-on-quarter increase of 0.21 %. Net profit rose by 16.32 % year-on-year but experienced a 53.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 13.28 % but a quarterly rise of 51.83 %. In summary, Ashok Leyland 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. 13202.55 Cr | Rs. 11092.7 Cr | Rs. 13577.58 Cr | + 22.4 % | + 2.84 % |
Expenses | Rs. 11244.63 Cr | Rs. 9131.42 Cr | Rs. 10975.06 Cr | + 20.19 % | -2.4 % |
Operating Profit | Rs. 1957.92 Cr | Rs. 1961.28 Cr | Rs. 2602.52 Cr | + 32.69 % | + 32.92 % |
Net Profit | Rs. 802.71 Cr | Rs. 608.85 Cr | Rs. 933.69 Cr | + 53.35 % | + 16.32 % |
EPS in Rs | Rs. 2.56 | Rs. 1.91 | Rs. 2.9 | + 51.83 % | + 13.28 % |
In reviewing Ashok Leyland Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.84 % year-on-year growth, however, there was a minor increase of 22.4 % from the previous quarter. Expenses decreased by -2.4 % compared to the previous year, with a 20.19 % increase quarter-on-quarter. Operating Profit surged by 32.92 % annually, and saw a 32.69 % increase from the last quarter.
Net Profit showed yearly increase of 16.32 %, and experienced a 53.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 13.28 % annually, however rose by 51.83 % compared to the last quarter. In essence, while Ashok Leyland 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.