Share the post "Burnpur Cement announced Financial Results Q1 2024"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for Burnpur Cement Limited. Profit dropped by -12.33 % Year to Year, Burnpur Cement Limited’s profitability dropped by -2.22 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -12.21 % Year to Year. EPS decreased by -2.09 % 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. 49.717 Cr | Rs. 0.506 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 46.69 Cr | Rs. 4.04 Cr | Rs. 0.56 Cr | -86.14 % | -98.8 % |
Operating Profit | Rs. 3.03 Cr | Rs. -3.53 Cr | Rs. -0.56 Cr | + 84.14 % | -118.48 % |
OPM % | 6.09 % | -697.63 % | 0 % | + 697.63 % | -6.09 % |
Other Income | Rs. 0.138 Cr | Rs. 0.001 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 18.78 Cr | Rs. 15.03 Cr | Rs. 15.56 Cr | + 3.53 % | -17.15 % |
Depreciation | Rs. 2.71 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -99.63 % |
Profit before tax | Rs. -18.32 Cr | Rs. -18.57 Cr | Rs. -16.13 Cr | + 13.14 % | + 11.95 % |
Tax % | -0.15 % | -11.38 % | -0.27 % | + 11.11 % | -0.12 % |
Net Profit | Rs. -18.35 Cr | Rs. -16.45 Cr | Rs. -16.09 Cr | + 2.19 % | + 12.32 % |
EPS in Rs | Rs. -2.13 | Rs. -1.91 | Rs. -1.87 | + 2.09 % | + 12.21 % |
Today, we’re looking at Burnpur Cement Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -86.14 % quarter-on-quarter, aligning with the annual decline of -98.8 %. Operating profit, while down -118.48 % compared to last year, faced a quarter-on-quarter increase of 84.14 %, 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 -6.09 %, but an expansion of 697.63 % sequentially. Interest expenses surged remarkably by 3.53 % from the previous quarter, yet the year-over-year decrease remains at a moderate -17.15 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -99.63 %. Profit before tax grew annually by 11.95 % but saw an increase from the preceding quarter by 13.14 %.
Tax expenses as a percentage of profits decreased slightly by -0.12 % compared to last year, with a more notable quarter-on-quarter increase of 11.11 %. Net profit rose by 12.32 % year-on-year but experienced a 2.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 12.21 % but a quarterly rise of 2.09 %. In summary, Burnpur Cement 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. 49.717 Cr | Rs. 0.506 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 46.69 Cr | Rs. 4.04 Cr | Rs. 0.56 Cr | -86.14 % | -98.8 % |
Operating Profit | Rs. 3.03 Cr | Rs. -3.53 Cr | Rs. -0.56 Cr | + 84.14 % | -118.48 % |
Net Profit | Rs. -18.35 Cr | Rs. -16.45 Cr | Rs. -16.09 Cr | + 2.19 % | + 12.32 % |
EPS in Rs | Rs. -2.13 | Rs. -1.91 | Rs. -1.87 | + 2.09 % | + 12.21 % |
In reviewing Burnpur Cement Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -98.8 % compared to the previous year, with a decrease of -86.14 % quarter-on-quarter. Operating Profit dropped by -118.48 % annually, and saw a 84.14 % increase from the last quarter.
Net Profit showed yearly increase of 12.32 %, and experienced a 2.19 % increase from the previous quarter. Earnings Per Share (EPS) rose by 12.21 % annually, however rose by 2.09 % compared to the last quarter. In essence, while Burnpur Cement 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.
[my_shortcode1 values=”Burnpur Cement “]