Share the post "Auro Laboratories announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -43.83 % over the year, decrease in net sales/revenue by -52.58 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -44.38 %, Marginal decrease of -49.12% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Auro Laboratories Ltd.. Notable increase of 6.36 % in net profit Year to Year, Auro Laboratories Ltd.’s profitability dropped by -67.56 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 6.14 % Year to Year. EPS decreased by -67.47 % 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. 10.183 Cr | Rs. 12.063 Cr | Rs. 5.72 Cr | -52.58 % | -43.83 % |
Expenses | Rs. 9.03 Cr | Rs. 9 Cr | Rs. 4.4 Cr | -51.11 % | -51.27 % |
Operating Profit | Rs. 1.15 Cr | Rs. 3.06 Cr | Rs. 1.32 Cr | -56.86 % | + 14.78 % |
OPM % | 11.29 % | 25.37 % | 23.08 % | -2.29 % | + 11.79 % |
Other Income | Rs. 0.365 Cr | Rs. 0.399 Cr | Rs. 0.203 Cr | -49.12 % | -44.38 % |
Interest | Rs. 0.27 Cr | Rs. 0.33 Cr | Rs. 0.25 Cr | -24.24 % | -7.41 % |
Depreciation | Rs. 0.27 Cr | Rs. 0.28 Cr | Rs. 0.27 Cr | -3.57 % | + 0 % |
Profit before tax | Rs. 0.98 Cr | Rs. 2.85 Cr | Rs. 1 Cr | -64.91 % | + 2.04 % |
Tax % | 27.86 % | 18.59 % | 25.15 % | + 6.56 % | -2.71 % |
Net Profit | Rs. 0.71 Cr | Rs. 2.32 Cr | Rs. 0.75 Cr | -67.67 % | + 5.63 % |
EPS in Rs | Rs. 1.14 | Rs. 3.72 | Rs. 1.21 | -67.47 % | + 6.14 % |
Today, we’re looking at Auro Laboratories 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 -43.83 %. However, it did see a marginal slip of -52.58 % from the previous quarter. Expenses decreased slightly by -51.11 % quarter-on-quarter, aligning with the annual decline of -51.27 %. Operating profit, while up 14.78 % compared to last year, faced a quarter-on-quarter dip of -56.86 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 11.79 %, but a shrinkage of -2.29 % sequentially. Other income fell by -49.12 % compared to the last quarter, despite an annual decline of -44.38 %. Interest expenses dropped significantly by -24.24 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.41 %. Depreciation costs fell by -3.57 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 2.04 % but saw a reduction from the preceding quarter by -64.91 %.
Tax expenses as a percentage of profits decreased slightly by -2.71 % compared to last year, with a more notable quarter-on-quarter increase of 6.56 %. Net profit rose by 5.63 % year-on-year but witnessed a -67.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.14 % but a quarterly fall of -67.47 %. In summary, Auro Laboratories 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. 10.183 Cr | Rs. 12.063 Cr | Rs. 5.72 Cr | -52.58 % | -43.83 % |
Expenses | Rs. 9.03 Cr | Rs. 9 Cr | Rs. 4.4 Cr | -51.11 % | -51.27 % |
Operating Profit | Rs. 1.15 Cr | Rs. 3.06 Cr | Rs. 1.32 Cr | -56.86 % | + 14.78 % |
Net Profit | Rs. 0.71 Cr | Rs. 2.32 Cr | Rs. 0.75 Cr | -67.67 % | + 5.63 % |
EPS in Rs | Rs. 1.14 | Rs. 3.72 | Rs. 1.21 | -67.47 % | + 6.14 % |
In reviewing Auro Laboratories Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -43.83 % year-on-year, although there was a slight dip of -52.58 % from the previous quarter. Expenses decreased by -51.27 % compared to the previous year, with a decrease of -51.11 % quarter-on-quarter. Operating Profit surged by 14.78 % annually, and saw a -56.86 % decrease from the last quarter.
Net Profit showed yearly increase of 5.63 %, and experienced a -67.67 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 6.14 % annually, however dipped by -67.47 % compared to the last quarter. In essence, while Auro Laboratories Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”Auro Laboratories “]