Share the post "Baroda Extrusion ‘s Q1 Financial results: Revenue Grows by 1.61% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 1.61 % in the past year, decrease in net sales/revenue by -1.36 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Baroda Extrusion Ltd.. Profit dropped by -336.67 % Year to Year, Baroda Extrusion Ltd.’s profitability dropped by -110.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -111.11 % 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. 32.539 Cr | Rs. 33.517 Cr | Rs. 33.062 Cr | -1.36 % | + 1.61 % |
Expenses | Rs. 32.57 Cr | Rs. 35.33 Cr | Rs. 32.89 Cr | -6.91 % | + 0.98 % |
Operating Profit | Rs. -0.03 Cr | Rs. -1.81 Cr | Rs. 0.17 Cr | + 109.39 % | + 666.67 % |
OPM % | -0.09 % | -5.4 % | 0.51 % | + 5.91 % | + 0.6 % |
Other Income | Rs. 0.014 Cr | Rs. 0.465 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.02 Cr | Rs. 0.03 Cr | + 50 % | + 0 % |
Profit before tax | Rs. -0.06 Cr | Rs. -1.37 Cr | Rs. 0.14 Cr | + 110.22 % | + 333.33 % |
Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -0.06 Cr | Rs. -1.38 Cr | Rs. 0.14 Cr | + 110.14 % | + 333.33 % |
EPS in Rs | Rs. 0 | Rs. -0.09 | Rs. 0.01 | + 111.11 % | 0 % |
Today, we’re looking at Baroda Extrusion Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1.61 %. However, it did see a marginal slip of -1.36 % from the previous quarter. Expenses decreased slightly by -6.91 % quarter-on-quarter, aligning with the annual rise of 0.98 %. Operating profit, while up 666.67 % compared to last year, faced a quarter-on-quarter increase of 109.39 %, 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 0.6 %, but an expansion of 5.91 % sequentially. Depreciation costs climbed by 50 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 333.33 % but saw an increase from the preceding quarter by 110.22 %.
Net profit rose by 333.33 % year-on-year but experienced a 110.14 % expansion from the last quarter. but a quarterly rise of 111.11 %. In summary, Baroda Extrusion 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. 32.539 Cr | Rs. 33.517 Cr | Rs. 33.062 Cr | -1.36 % | + 1.61 % |
Expenses | Rs. 32.57 Cr | Rs. 35.33 Cr | Rs. 32.89 Cr | -6.91 % | + 0.98 % |
Operating Profit | Rs. -0.03 Cr | Rs. -1.81 Cr | Rs. 0.17 Cr | + 109.39 % | + 666.67 % |
Net Profit | Rs. -0.06 Cr | Rs. -1.38 Cr | Rs. 0.14 Cr | + 110.14 % | + 333.33 % |
EPS in Rs | Rs. 0 | Rs. -0.09 | Rs. 0.01 | + 111.11 % | 0 % |
In reviewing Baroda Extrusion Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.61 % year-on-year growth, although there was a slight dip of -1.36 % from the previous quarter. Expenses rose by 0.98 % compared to the previous year, with a decrease of -6.91 % quarter-on-quarter. Operating Profit surged by 666.67 % annually, and saw a 109.39 % increase from the last quarter.
Net Profit showed yearly increase of 333.33 %, and experienced a 110.14 % increase from the previous quarter. however rose by 111.11 % compared to the last quarter. In essence, while Baroda Extrusion 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.
[my_shortcode1]