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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 7.98 % in the past year, substantial increase in net sales/revenue by 11.61 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -94.44 %, Marginal decrease of -17.63% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Bhatia Communications & Retail (India) Limited. Notable increase of 1.99 % in net profit Year to Year, Bhatia Communications & Retail (India) Limited’s profitability increased by 22.27 % in this quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS increased by 20.83 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 97.069 Cr | Rs. 93.913 Cr | Rs. 104.819 Cr | + 11.61 % | + 7.98 % |
Expenses | Rs. 97.8 Cr | Rs. 89.46 Cr | Rs. 99.56 Cr | + 11.29 % | + 1.8 % |
Operating Profit | Rs. -0.73 Cr | Rs. 4.45 Cr | Rs. 5.26 Cr | + 18.2 % | + 820.55 % |
OPM % | -0.75 % | 4.74 % | 5.02 % | + 0.28 % | + 5.77 % |
Other Income | Rs. 6.136 Cr | Rs. 0.414 Cr | Rs. 0.341 Cr | -17.63 % | -94.44 % |
Interest | Rs. 0.39 Cr | Rs. 0.43 Cr | Rs. 0.46 Cr | + 6.98 % | + 17.95 % |
Depreciation | Rs. 0.34 Cr | Rs. 0.38 Cr | Rs. 0.43 Cr | + 13.16 % | + 26.47 % |
Profit before tax | Rs. 4.68 Cr | Rs. 4.05 Cr | Rs. 4.71 Cr | + 16.3 % | + 0.64 % |
Tax % | 23.59 % | 26.37 % | 22.64 % | -3.73 % | -0.95 % |
Net Profit | Rs. 3.58 Cr | Rs. 2.98 Cr | Rs. 3.65 Cr | + 22.48 % | + 1.96 % |
EPS in Rs | Rs. 0.29 | Rs. 0.24 | Rs. 0.29 | + 20.83 % | + 0 % |
Today, we’re looking at Bhatia Communications & Retail (India) Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.98 %. However, it did see a marginal increase of 11.61 % from the previous quarter. Expenses ticked up slightly by 11.29 % quarter-on-quarter, aligning with the annual rise of 1.8 %. Operating profit, while up 820.55 % compared to last year, faced a quarter-on-quarter increase of 18.2 %, 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 5.77 %, but an expansion of 0.28 % sequentially. Other income fell by -17.63 % compared to the last quarter, despite an annual decline of -94.44 %. Interest expenses surged remarkably by 6.98 % from the previous quarter, yet the year-over-year increase remains at a moderate 17.95 %. Depreciation costs climbed by 13.16 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 26.47 %. Profit before tax grew annually by 0.64 % but saw an increase from the preceding quarter by 16.3 %.
Tax expenses as a percentage of profits decreased slightly by -0.95 % compared to last year, with a more notable quarter-on-quarter decrease of -3.73 %. Net profit rose by 1.96 % year-on-year but experienced a 22.48 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 20.83 %. In summary, Bhatia Communications & Retail (India) Limited’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. 97.069 Cr | Rs. 93.913 Cr | Rs. 104.819 Cr | + 11.61 % | + 7.98 % |
Expenses | Rs. 97.8 Cr | Rs. 89.46 Cr | Rs. 99.56 Cr | + 11.29 % | + 1.8 % |
Operating Profit | Rs. -0.73 Cr | Rs. 4.45 Cr | Rs. 5.26 Cr | + 18.2 % | + 820.55 % |
Net Profit | Rs. 3.58 Cr | Rs. 2.98 Cr | Rs. 3.65 Cr | + 22.48 % | + 1.96 % |
EPS in Rs | Rs. 0.29 | Rs. 0.24 | Rs. 0.29 | + 20.83 % | + 0 % |
In reviewing Bhatia Communications & Retail (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.98 % year-on-year growth, however, there was a minor increase of 11.61 % from the previous quarter. Expenses rose by 1.8 % compared to the previous year, with a 11.29 % increase quarter-on-quarter. Operating Profit surged by 820.55 % annually, and saw a 18.2 % increase from the last quarter.
Net Profit showed yearly increase of 1.96 %, and experienced a 22.48 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 20.83 % compared to the last quarter. In essence, while Bhatia Communications & Retail (India) Limited 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.