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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 7.69 % in the past year, substantial increase in net sales/revenue by 199.47 %.
- 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 231.25 %. Marginal increase in other income during this quarter, up by 3.06%.
- Profit over the Year and quarter: Significant improvement in profitability for Bengal Tea & fabrics Ltd.. Notable increase of 317.33 % in net profit Year to Year, Bengal Tea & fabrics Ltd.’s profitability dropped by -157.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 319.28 % Year to Year. EPS decreased by -157.43 % 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. 10.4 Cr | Rs. 3.74 Cr | Rs. 11.2 Cr | + 199.47 % | + 7.69 % |
Expenses | Rs. 9.94 Cr | Rs. 9.56 Cr | Rs. 10.22 Cr | + 6.9 % | + 2.82 % |
Operating Profit | Rs. 0.46 Cr | Rs. -5.82 Cr | Rs. 0.98 Cr | + 116.84 % | + 113.04 % |
OPM % | 4.42 % | -155.61 % | 8.75 % | + 164.36 % | + 4.33 % |
Other Income | Rs. 1.12 Cr | Rs. 3.6 Cr | Rs. 3.71 Cr | + 3.06 % | + 231.25 % |
Interest | Rs. 0.09 Cr | Rs. 0.1 Cr | Rs. 0.11 Cr | + 10 % | + 22.22 % |
Depreciation | Rs. 0.41 Cr | Rs. 0.58 Cr | Rs. 0.45 Cr | -22.41 % | + 9.76 % |
Profit before tax | Rs. 1.08 Cr | Rs. -2.9 Cr | Rs. 4.13 Cr | + 242.41 % | + 282.41 % |
Tax % | 25 % | -78.62 % | 21.55 % | + 100.17 % | -3.45 % |
Net Profit | Rs. 0.75 Cr | Rs. -5.46 Cr | Rs. 3.13 Cr | + 157.33 % | + 317.33 % |
EPS in Rs | Rs. 0.83 | Rs. -6.06 | Rs. 3.48 | + 157.43 % | + 319.28 % |
Today, we’re looking at Bengal Tea & fabrics 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 7.69 %. However, it did see a marginal increase of 199.47 % from the previous quarter. Expenses ticked up slightly by 6.9 % quarter-on-quarter, aligning with the annual rise of 2.82 %. Operating profit, while up 113.04 % compared to last year, faced a quarter-on-quarter increase of 116.84 %, 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 4.33 %, but an expansion of 164.36 % sequentially. Other income rose by 3.06 % compared to the last quarter, despite an annual growth of 231.25 %. Interest expenses surged remarkably by 10 % from the previous quarter, yet the year-over-year increase remains at a moderate 22.22 %. Depreciation costs fell by -22.41 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.76 %. Profit before tax grew annually by 282.41 % but saw an increase from the preceding quarter by 242.41 %.
Tax expenses as a percentage of profits decreased slightly by -3.45 % compared to last year, with a more notable quarter-on-quarter increase of 100.17 %. Net profit rose by 317.33 % year-on-year but experienced a 157.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 319.28 % but a quarterly rise of 157.43 %. In summary, Bengal Tea & fabrics 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. 10.4 Cr | Rs. 3.74 Cr | Rs. 11.2 Cr | + 199.47 % | + 7.69 % |
Expenses | Rs. 9.94 Cr | Rs. 9.56 Cr | Rs. 10.22 Cr | + 6.9 % | + 2.82 % |
Operating Profit | Rs. 0.46 Cr | Rs. -5.82 Cr | Rs. 0.98 Cr | + 116.84 % | + 113.04 % |
Net Profit | Rs. 0.75 Cr | Rs. -5.46 Cr | Rs. 3.13 Cr | + 157.33 % | + 317.33 % |
EPS in Rs | Rs. 0.83 | Rs. -6.06 | Rs. 3.48 | + 157.43 % | + 319.28 % |
In reviewing Bengal Tea & fabrics Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.69 % year-on-year growth, however, there was a minor increase of 199.47 % from the previous quarter. Expenses rose by 2.82 % compared to the previous year, with a 6.9 % increase quarter-on-quarter. Operating Profit surged by 113.04 % annually, and saw a 116.84 % increase from the last quarter.
Net Profit showed yearly increase of 317.33 %, and experienced a 157.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 319.28 % annually, however rose by 157.43 % compared to the last quarter. In essence, while Bengal Tea & fabrics 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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