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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 -7.02 % over the year, substantial increase in net sales/revenue by 33.95 %.
- 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 56.61 %. Marginal decrease of -35.29% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for B & A Ltd.. Profit dropped by -29.96 % Year to Year, B & A Ltd.’s profitability dropped by -67.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -21.25 % Year to Year. EPS decreased by -63.26 % 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. 54.326 Cr | Rs. 37.711 Cr | Rs. 50.513 Cr | + 33.95 % | -7.02 % |
| Expenses | Rs. 58.7 Cr | Rs. 52.34 Cr | Rs. 51.77 Cr | -1.09 % | -11.81 % |
| Operating Profit | Rs. -4.37 Cr | Rs. -14.63 Cr | Rs. -1.26 Cr | + 91.39 % | + 71.17 % |
| OPM % | -8.04 % | -38.8 % | -2.49 % | + 36.31 % | + 5.55 % |
| Other Income | Rs. 0.59 Cr | Rs. 1.428 Cr | Rs. 0.924 Cr | -35.29 % | + 56.61 % |
| Interest | Rs. 1.67 Cr | Rs. 0.99 Cr | Rs. 1.66 Cr | + 67.68 % | -0.6 % |
| Depreciation | Rs. 1.31 Cr | Rs. 1.14 Cr | Rs. 1.76 Cr | + 54.39 % | + 34.35 % |
| Profit before tax | Rs. -6.76 Cr | Rs. -15.33 Cr | Rs. -3.76 Cr | + 75.47 % | + 44.38 % |
| Tax % | -9.04 % | -2.69 % | -37.78 % | -35.09 % | -28.74 % |
| Net Profit | Rs. -7.38 Cr | Rs. -15.74 Cr | Rs. -5.17 Cr | + 67.15 % | + 29.95 % |
| EPS in Rs | Rs. -25.18 | Rs. -53.98 | Rs. -19.83 | + 63.26 % | + 21.25 % |
Today, we’re looking at B & A 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 -7.02 %. However, it did see a marginal increase of 33.95 % from the previous quarter. Expenses decreased slightly by -1.09 % quarter-on-quarter, aligning with the annual decline of -11.81 %. Operating profit, while up 71.17 % compared to last year, faced a quarter-on-quarter increase of 91.39 %, 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 5.55 %, but an expansion of 36.31 % sequentially. Other income fell by -35.29 % compared to the last quarter, despite an annual growth of 56.61 %. Interest expenses surged remarkably by 67.68 % from the previous quarter, yet the year-over-year decrease remains at a moderate -0.6 %. Depreciation costs climbed by 54.39 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 34.35 %. Profit before tax grew annually by 44.38 % but saw an increase from the preceding quarter by 75.47 %.
Tax expenses as a percentage of profits decreased slightly by -28.74 % compared to last year, with a more notable quarter-on-quarter decrease of -35.09 %. Net profit rose by 29.95 % year-on-year but experienced a 67.15 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.25 % but a quarterly rise of 63.26 %. In summary, B & A 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. 54.326 Cr | Rs. 37.711 Cr | Rs. 50.513 Cr | + 33.95 % | -7.02 % |
| Expenses | Rs. 58.7 Cr | Rs. 52.34 Cr | Rs. 51.77 Cr | -1.09 % | -11.81 % |
| Operating Profit | Rs. -4.37 Cr | Rs. -14.63 Cr | Rs. -1.26 Cr | + 91.39 % | + 71.17 % |
| Net Profit | Rs. -7.38 Cr | Rs. -15.74 Cr | Rs. -5.17 Cr | + 67.15 % | + 29.95 % |
| EPS in Rs | Rs. -25.18 | Rs. -53.98 | Rs. -19.83 | + 63.26 % | + 21.25 % |
In reviewing B & A Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.02 % year-on-year, however, there was a minor increase of 33.95 % from the previous quarter. Expenses decreased by -11.81 % compared to the previous year, with a decrease of -1.09 % quarter-on-quarter. Operating Profit surged by 71.17 % annually, and saw a 91.39 % increase from the last quarter.
Net Profit showed yearly increase of 29.95 %, and experienced a 67.15 % increase from the previous quarter. Earnings Per Share (EPS) rose by 21.25 % annually, however rose by 63.26 % compared to the last quarter. In essence, while B & A 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.
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