Share the post "Bharat Agri Fert And Realty ‘s Q1 Update: Profit Grows by 97.62% 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’s sales declined by -14.65 % over the year, substantial increase in net sales/revenue by 10.31 %.
- 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 14.27 %. Marginal decrease of -89.18% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bharat Agri Fert and Realty Ltd. Profit dropped by -97.62 % Year to Year, Bharat Agri Fert and Realty Ltd’s profitability dropped by -100.91 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -97.50 % Year to Year. EPS decreased by -101.03 % 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. 6.507 Cr | Rs. 5.035 Cr | Rs. 5.554 Cr | + 10.31 % | -14.65 % |
Expenses | Rs. 7.54 Cr | Rs. 5.02 Cr | Rs. 5.33 Cr | + 6.18 % | -29.31 % |
Operating Profit | Rs. -1.03 Cr | Rs. 0.02 Cr | Rs. 0.22 Cr | + 1000 % | + 121.36 % |
OPM % | -15.83 % | 0.4 % | 3.96 % | + 3.56 % | + 19.79 % |
Other Income | Rs. 0.701 Cr | Rs. 7.402 Cr | Rs. 0.801 Cr | -89.18 % | + 14.27 % |
Interest | Rs. 0.89 Cr | Rs. 0.88 Cr | Rs. 0.88 Cr | + 0 % | -1.12 % |
Depreciation | Rs. 0.86 Cr | Rs. 1.21 Cr | Rs. 0.97 Cr | -19.83 % | + 12.79 % |
Profit before tax | Rs. -2.08 Cr | Rs. 5.33 Cr | Rs. -0.83 Cr | -115.57 % | + 60.1 % |
Tax % | -1.3 % | 2.55 % | -93.94 % | -96.49 % | -92.64 % |
Net Profit | Rs. -2.1 Cr | Rs. 5.47 Cr | Rs. -0.05 Cr | -100.91 % | + 97.62 % |
EPS in Rs | Rs. -0.4 | Rs. 0.97 | Rs. -0.01 | -101.03 % | + 97.5 % |
Today, we’re looking at Bharat Agri Fert and Realty 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 -14.65 %. However, it did see a marginal increase of 10.31 % from the previous quarter. Expenses ticked up slightly by 6.18 % quarter-on-quarter, aligning with the annual decline of -29.31 %. Operating profit, while up 121.36 % compared to last year, faced a quarter-on-quarter increase of 1000 %, 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 19.79 %, but an expansion of 3.56 % sequentially. Other income fell by -89.18 % compared to the last quarter, despite an annual growth of 14.27 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.12 %. Depreciation costs fell by -19.83 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.79 %. Profit before tax grew annually by 60.1 % but saw a reduction from the preceding quarter by -115.57 %.
Tax expenses as a percentage of profits decreased slightly by -92.64 % compared to last year, with a more notable quarter-on-quarter decrease of -96.49 %. Net profit rose by 97.62 % year-on-year but witnessed a -100.91 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 97.5 % but a quarterly fall of -101.03 %. In summary, Bharat Agri Fert and Realty 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. 6.507 Cr | Rs. 5.035 Cr | Rs. 5.554 Cr | + 10.31 % | -14.65 % |
Expenses | Rs. 7.54 Cr | Rs. 5.02 Cr | Rs. 5.33 Cr | + 6.18 % | -29.31 % |
Operating Profit | Rs. -1.03 Cr | Rs. 0.02 Cr | Rs. 0.22 Cr | + 1000 % | + 121.36 % |
Net Profit | Rs. -2.1 Cr | Rs. 5.47 Cr | Rs. -0.05 Cr | -100.91 % | + 97.62 % |
EPS in Rs | Rs. -0.4 | Rs. 0.97 | Rs. -0.01 | -101.03 % | + 97.5 % |
In reviewing Bharat Agri Fert and Realty Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.65 % year-on-year, however, there was a minor increase of 10.31 % from the previous quarter. Expenses decreased by -29.31 % compared to the previous year, with a 6.18 % increase quarter-on-quarter. Operating Profit surged by 121.36 % annually, and saw a 1000 % increase from the last quarter.
Net Profit showed yearly increase of 97.62 %, and experienced a -100.91 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 97.5 % annually, however dipped by -101.03 % compared to the last quarter. In essence, while Bharat Agri Fert and Realty 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]