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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 17.01 % in the past year, substantial increase in net sales/revenue by 10.14 %.
- 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 29.18 %. Marginal decrease of -41.54% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Chartered Logistics Ltd. Profit dropped by -679.91 % Year to Year, Chartered Logistics Ltd’s profitability dropped by -32.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -425.00 % Year to Year. EPS decreased by -31.58 % 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. 18.872 Cr | Rs. 20.05 Cr | Rs. 22.083 Cr | + 10.14 % | + 17.01 % |
Expenses | Rs. 17.92 Cr | Rs. 18.25 Cr | Rs. 19.95 Cr | + 9.32 % | + 11.33 % |
Operating Profit | Rs. 0.95 Cr | Rs. 1.8 Cr | Rs. 2.13 Cr | + 18.33 % | + 124.21 % |
OPM % | 5.03 % | 8.98 % | 9.65 % | + 0.67 % | + 4.62 % |
Other Income | Rs. 0.329 Cr | Rs. 0.727 Cr | Rs. 0.425 Cr | -41.54 % | + 29.18 % |
Interest | Rs. 1 Cr | Rs. 0.59 Cr | Rs. 0.51 Cr | -13.56 % | -49 % |
Depreciation | Rs. 0.51 Cr | Rs. 0.5 Cr | Rs. 0.53 Cr | + 6 % | + 3.92 % |
Profit before tax | Rs. -0.23 Cr | Rs. 1.44 Cr | Rs. 1.52 Cr | + 5.56 % | + 760.87 % |
Tax % | -0 % | 33.29 % | 14.48 % | -18.81 % | + 14.48 % |
Net Profit | Rs. -0.22 Cr | Rs. 1.91 Cr | Rs. 1.3 Cr | -31.94 % | + 690.91 % |
EPS in Rs | Rs. -0.04 | Rs. 0.19 | Rs. 0.13 | -31.58 % | + 425 % |
Today, we’re looking at Chartered Logistics Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 17.01 %. However, it did see a marginal increase of 10.14 % from the previous quarter. Expenses ticked up slightly by 9.32 % quarter-on-quarter, aligning with the annual rise of 11.33 %. Operating profit, while up 124.21 % compared to last year, faced a quarter-on-quarter increase of 18.33 %, 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 4.62 %, but an expansion of 0.67 % sequentially. Other income fell by -41.54 % compared to the last quarter, despite an annual growth of 29.18 %. Interest expenses dropped significantly by -13.56 % from the previous quarter, yet the year-over-year decrease remains at a moderate -49 %. Depreciation costs climbed by 6 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.92 %. Profit before tax grew annually by 760.87 % but saw an increase from the preceding quarter by 5.56 %.
Tax expenses as a percentage of profits increased slightly by 14.48 % compared to last year, with a more notable quarter-on-quarter decrease of -18.81 %. Net profit rose by 690.91 % year-on-year but witnessed a -31.94 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 425 % but a quarterly fall of -31.58 %. In summary, Chartered Logistics 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. 18.872 Cr | Rs. 20.05 Cr | Rs. 22.083 Cr | + 10.14 % | + 17.01 % |
Expenses | Rs. 17.92 Cr | Rs. 18.25 Cr | Rs. 19.95 Cr | + 9.32 % | + 11.33 % |
Operating Profit | Rs. 0.95 Cr | Rs. 1.8 Cr | Rs. 2.13 Cr | + 18.33 % | + 124.21 % |
Net Profit | Rs. -0.22 Cr | Rs. 1.91 Cr | Rs. 1.3 Cr | -31.94 % | + 690.91 % |
EPS in Rs | Rs. -0.04 | Rs. 0.19 | Rs. 0.13 | -31.58 % | + 425 % |
In reviewing Chartered Logistics Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.01 % year-on-year growth, however, there was a minor increase of 10.14 % from the previous quarter. Expenses rose by 11.33 % compared to the previous year, with a 9.32 % increase quarter-on-quarter. Operating Profit surged by 124.21 % annually, and saw a 18.33 % increase from the last quarter.
Net Profit showed yearly increase of 690.91 %, and experienced a -31.94 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 425 % annually, however dipped by -31.58 % compared to the last quarter. In essence, while Chartered Logistics 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.