Share the post "Birla Corporation Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 7.87 % in YoY and increased by 14.9 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.87 % in the past year, substantial increase in net sales/revenue by 14.9 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -47.69 %, Marginal increase in other income during this quarter, up by 57.51%.
- Profit over the Year and quarter: Significant improvement in profitability for Birla Corporation Ltd.. Notable increase of 127.59 % in net profit Year to Year, Birla Corporation Ltd.’s profitability increased by 77.15 % in this quarter.
- EPS over the Year and quarter: EPS increased by 127.56 % Year to Year. EPS increased by 77.13 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2462.57 Cr | Rs. 2312 Cr | Rs. 2656.43 Cr | + 14.9 % | + 7.87 % |
Expenses | Rs. 2188.24 Cr | Rs. 1933.5 Cr | Rs. 2184.02 Cr | + 12.96 % | -0.19 % |
Operating Profit | Rs. 274.33 Cr | Rs. 378.5 Cr | Rs. 472.41 Cr | + 24.81 % | + 72.21 % |
OPM % | 11.14 % | 16.37 % | 17.78 % | + 1.41 % | + 6.64 % |
Other Income | Rs. 49.11 Cr | Rs. 16.31 Cr | Rs. 25.69 Cr | + 57.51 % | -47.69 % |
Interest | Rs. 88.72 Cr | Rs. 96.52 Cr | Rs. 82.37 Cr | -14.66 % | -7.16 % |
Depreciation | Rs. 140.09 Cr | Rs. 144.82 Cr | Rs. 149.7 Cr | + 3.37 % | + 6.86 % |
Profit before tax | Rs. 94.63 Cr | Rs. 153.47 Cr | Rs. 266.03 Cr | + 73.34 % | + 181.13 % |
Tax % | 24.78 % | 28.89 % | 29.2 % | + 0.31 % | + 4.42 % |
Net Profit | Rs. 84.95 Cr | Rs. 109.14 Cr | Rs. 193.34 Cr | + 77.15 % | + 127.59 % |
EPS in Rs | Rs. 11.03 | Rs. 14.17 | Rs. 25.1 | + 77.13 % | + 127.56 % |
Today, we’re looking at Birla Corporation Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.87 %. However, it did see a marginal increase of 14.9 % from the previous quarter. Expenses ticked up slightly by 12.96 % quarter-on-quarter, aligning with the annual decline of -0.19 %. Operating profit, while up 72.21 % compared to last year, faced a quarter-on-quarter increase of 24.81 %, 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 6.64 %, but an expansion of 1.41 % sequentially. Other income rose by 57.51 % compared to the last quarter, despite an annual decline of -47.69 %. Interest expenses dropped significantly by -14.66 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.16 %. Depreciation costs climbed by 3.37 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.86 %. Profit before tax grew annually by 181.13 % but saw an increase from the preceding quarter by 73.34 %.
Tax expenses as a percentage of profits increased slightly by 4.42 % compared to last year, with a more notable quarter-on-quarter increase of 0.31 %. Net profit rose by 127.59 % year-on-year but experienced a 77.15 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 127.56 % but a quarterly rise of 77.13 %. In summary, Birla Corporation 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. 2462.57 Cr | Rs. 2312 Cr | Rs. 2656.43 Cr | + 14.9 % | + 7.87 % |
Expenses | Rs. 2188.24 Cr | Rs. 1933.5 Cr | Rs. 2184.02 Cr | + 12.96 % | -0.19 % |
Operating Profit | Rs. 274.33 Cr | Rs. 378.5 Cr | Rs. 472.41 Cr | + 24.81 % | + 72.21 % |
Net Profit | Rs. 84.95 Cr | Rs. 109.14 Cr | Rs. 193.34 Cr | + 77.15 % | + 127.59 % |
EPS in Rs | Rs. 11.03 | Rs. 14.17 | Rs. 25.1 | + 77.13 % | + 127.56 % |
In reviewing Birla Corporation Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.87 % year-on-year growth, however, there was a minor increase of 14.9 % from the previous quarter. Expenses decreased by -0.19 % compared to the previous year, with a 12.96 % increase quarter-on-quarter. Operating Profit surged by 72.21 % annually, and saw a 24.81 % increase from the last quarter.
Net Profit showed yearly increase of 127.59 %, and experienced a 77.15 % increase from the previous quarter. Earnings Per Share (EPS) rose by 127.56 % annually, however rose by 77.13 % compared to the last quarter. In essence, while Birla Corporation 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.