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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 experienced a substantial growth of 15.9 % in the past year, decrease in net sales/revenue by -2.3 %.
- 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 98.47 %. Marginal decrease of -33.26% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Batliboi Ltd. Notable increase of 45.16 % in net profit Year to Year, Batliboi Ltd’s profitability increased by 149.91 % in this quarter.
- EPS over the Year and quarter: EPS increased by 25.37 % Year to Year. EPS increased by 115.38 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 63.336 Cr | Rs. 75.133 Cr | Rs. 73.405 Cr | -2.3 % | + 15.9 % |
| Expenses | Rs. 59.87 Cr | Rs. 72.4 Cr | Rs. 69.21 Cr | -4.41 % | + 15.6 % |
| Operating Profit | Rs. 3.47 Cr | Rs. 2.73 Cr | Rs. 4.2 Cr | + 53.85 % | + 21.04 % |
| OPM % | 5.48 % | 3.63 % | 5.72 % | + 2.09 % | + 0.24 % |
| Other Income | Rs. 0.913 Cr | Rs. 2.715 Cr | Rs. 1.812 Cr | -33.26 % | + 98.47 % |
| Interest | Rs. 1.25 Cr | Rs. 1.25 Cr | Rs. 1.01 Cr | -19.2 % | -19.2 % |
| Depreciation | Rs. 1.05 Cr | Rs. 0.92 Cr | Rs. 1.03 Cr | + 11.96 % | -1.9 % |
| Profit before tax | Rs. 2.08 Cr | Rs. 3.28 Cr | Rs. 3.97 Cr | + 21.04 % | + 90.87 % |
| Tax % | 6.59 % | 65.56 % | 29.05 % | -36.51 % | + 22.46 % |
| Net Profit | Rs. 1.94 Cr | Rs. 1.13 Cr | Rs. 2.82 Cr | + 149.56 % | + 45.36 % |
| EPS in Rs | Rs. 0.66 | Rs. 0.38 | Rs. 0.83 | + 118.42 % | + 25.76 % |
Today, we’re looking at Batliboi 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 15.9 %. However, it did see a marginal slip of -2.3 % from the previous quarter. Expenses decreased slightly by -4.41 % quarter-on-quarter, aligning with the annual rise of 15.6 %. Operating profit, while up 21.04 % compared to last year, faced a quarter-on-quarter increase of 53.85 %, 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 0.24 %, but an expansion of 2.09 % sequentially. Other income fell by -33.26 % compared to the last quarter, despite an annual growth of 98.47 %. Interest expenses dropped significantly by -19.2 % from the previous quarter, yet the year-over-year decrease remains at a moderate -19.2 %. Depreciation costs climbed by 11.96 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.9 %. Profit before tax grew annually by 90.87 % but saw an increase from the preceding quarter by 21.04 %.
Tax expenses as a percentage of profits increased slightly by 22.46 % compared to last year, with a more notable quarter-on-quarter decrease of -36.51 %. Net profit rose by 45.36 % year-on-year but experienced a 149.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25.76 % but a quarterly rise of 118.42 %. In summary, Batliboi 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. 63.336 Cr | Rs. 75.133 Cr | Rs. 73.405 Cr | -2.3 % | + 15.9 % |
| Expenses | Rs. 59.87 Cr | Rs. 72.4 Cr | Rs. 69.21 Cr | -4.41 % | + 15.6 % |
| Operating Profit | Rs. 3.47 Cr | Rs. 2.73 Cr | Rs. 4.2 Cr | + 53.85 % | + 21.04 % |
| Net Profit | Rs. 1.94 Cr | Rs. 1.13 Cr | Rs. 2.82 Cr | + 149.56 % | + 45.36 % |
| EPS in Rs | Rs. 0.66 | Rs. 0.38 | Rs. 0.83 | + 118.42 % | + 25.76 % |
In reviewing Batliboi Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.9 % year-on-year growth, although there was a slight dip of -2.3 % from the previous quarter. Expenses rose by 15.6 % compared to the previous year, with a decrease of -4.41 % quarter-on-quarter. Operating Profit surged by 21.04 % annually, and saw a 53.85 % increase from the last quarter.
Net Profit showed yearly increase of 45.36 %, and experienced a 149.56 % increase from the previous quarter. Earnings Per Share (EPS) rose by 25.76 % annually, however rose by 118.42 % compared to the last quarter. In essence, while Batliboi 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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