Share the post "Bharat Petroleum Corpn. Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 1 % in YoY and increased by 1.62 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -1 % over the year, substantial increase in net sales/revenue by 1.62 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -79.98 %, Marginal decrease of -69.04% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bharat Petroleum Corpn. Ltd.,. Profit dropped by -30.29 % Year to Year, Bharat Petroleum Corpn. Ltd.,’s profitability increased by 50.55 % in this quarter.
- EPS over the Year and quarter: EPS declined by -30.38 % Year to Year. EPS increased by 50.33 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 133419.56 Cr | Rs. 129984.84 Cr | Rs. 132086.86 Cr | + 1.62 % | -1 % |
| Expenses | Rs. 122334.77 Cr | Rs. 123785.98 Cr | Rs. 122929.33 Cr | -0.69 % | + 0.49 % |
| Operating Profit | Rs. 11084.79 Cr | Rs. 6198.86 Cr | Rs. 9157.53 Cr | + 47.73 % | -17.39 % |
| OPM % | 8.31 % | 4.77 % | 6.93 % | + 2.16 % | -1.38 % |
| Other Income | Rs. 1519.15 Cr | Rs. 982.17 Cr | Rs. 304.09 Cr | -69.04 % | -79.98 % |
| Interest | Rs. 969.68 Cr | Rs. 700.18 Cr | Rs. 966.8 Cr | + 38.08 % | -0.3 % |
| Depreciation | Rs. 1604.79 Cr | Rs. 1830.14 Cr | Rs. 1721.89 Cr | -5.91 % | + 7.3 % |
| Profit before tax | Rs. 10029.47 Cr | Rs. 4650.71 Cr | Rs. 6772.93 Cr | + 45.63 % | -32.47 % |
| Tax % | 25.38 % | 30.59 % | 27.35 % | -3.24 % | + 1.97 % |
| Net Profit | Rs. 6870.47 Cr | Rs. 3181.42 Cr | Rs. 4789.57 Cr | + 50.55 % | -30.29 % |
| EPS in Rs | Rs. 32.26 | Rs. 14.94 | Rs. 22.46 | + 50.33 % | -30.38 % |
Today, we’re looking at Bharat Petroleum Corpn. Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -1 %. However, it did see a marginal increase of 1.62 % from the previous quarter. Expenses decreased slightly by -0.69 % quarter-on-quarter, aligning with the annual rise of 0.49 %. Operating profit, while down -17.39 % compared to last year, faced a quarter-on-quarter increase of 47.73 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.38 %, but an expansion of 2.16 % sequentially. Other income fell by -69.04 % compared to the last quarter, despite an annual decline of -79.98 %. Interest expenses surged remarkably by 38.08 % from the previous quarter, yet the year-over-year decrease remains at a moderate -0.3 %. Depreciation costs fell by -5.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.3 %. Profit before tax declined annually by -32.47 % but saw an increase from the preceding quarter by 45.63 %.
Tax expenses as a percentage of profits increased slightly by 1.97 % compared to last year, with a more notable quarter-on-quarter decrease of -3.24 %. Net profit fell by -30.29 % year-on-year but experienced a 50.55 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -30.38 % but a quarterly rise of 50.33 %. In summary, Bharat Petroleum Corpn. 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. 133419.56 Cr | Rs. 129984.84 Cr | Rs. 132086.86 Cr | + 1.62 % | -1 % |
| Expenses | Rs. 122334.77 Cr | Rs. 123785.98 Cr | Rs. 122929.33 Cr | -0.69 % | + 0.49 % |
| Operating Profit | Rs. 11084.79 Cr | Rs. 6198.86 Cr | Rs. 9157.53 Cr | + 47.73 % | -17.39 % |
| Net Profit | Rs. 6870.47 Cr | Rs. 3181.42 Cr | Rs. 4789.57 Cr | + 50.55 % | -30.29 % |
| EPS in Rs | Rs. 32.26 | Rs. 14.94 | Rs. 22.46 | + 50.33 % | -30.38 % |
In reviewing Bharat Petroleum Corpn. Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1 % year-on-year, however, there was a minor increase of 1.62 % from the previous quarter. Expenses rose by 0.49 % compared to the previous year, with a decrease of -0.69 % quarter-on-quarter. Operating Profit dropped by -17.39 % annually, and saw a 47.73 % increase from the last quarter.
Net Profit showed yearly decrease of -30.29 %, and experienced a 50.55 % increase from the previous quarter. Earnings Per Share (EPS) fell by -30.38 % annually, however rose by 50.33 % compared to the last quarter. In essence, while Bharat Petroleum Corpn. Ltd., faces strong annual decline 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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