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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 193.1 % in the past year, substantial increase in net sales/revenue by 88.05 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -50.61 %, Marginal increase in other income during this quarter, up by 4.98%.
- Profit over the Year and quarter: Significant improvement in profitability for Continental Petroleums Ltd.,. Notable increase of 290.61 % in net profit Year to Year, Continental Petroleums Ltd.,’s profitability dropped by -8.06 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 293.22 % Year to Year. EPS decreased by -7.94 % 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. 12.074 Cr | Rs. 18.819 Cr | Rs. 35.389 Cr | + 88.05 % | + 193.1 % |
Expenses | Rs. 11.86 Cr | Rs. 17.19 Cr | Rs. 33.37 Cr | + 94.12 % | + 181.37 % |
Operating Profit | Rs. 0.21 Cr | Rs. 1.63 Cr | Rs. 2.02 Cr | + 23.93 % | + 861.9 % |
OPM % | 1.74 % | 8.66 % | 5.71 % | -2.95 % | + 3.97 % |
Other Income | Rs. 1.067 Cr | Rs. 0.502 Cr | Rs. 0.527 Cr | + 4.98 % | -50.61 % |
Interest | Rs. 0.56 Cr | Rs. 0.42 Cr | Rs. 0.5 Cr | + 19.05 % | -10.71 % |
Depreciation | Rs. 0.18 Cr | Rs. 0.14 Cr | Rs. 0.19 Cr | + 35.71 % | + 5.56 % |
Profit before tax | Rs. 0.54 Cr | Rs. 1.57 Cr | Rs. 1.86 Cr | + 18.47 % | + 244.44 % |
Tax % | 38.93 % | 10.76 % | 30.47 % | + 19.71 % | -8.46 % |
Net Profit | Rs. 0.33 Cr | Rs. 1.4 Cr | Rs. 1.29 Cr | -7.86 % | + 290.91 % |
EPS in Rs | Rs. 0.59 | Rs. 2.52 | Rs. 2.32 | -7.94 % | + 293.22 % |
Today, we’re looking at Continental Petroleums 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 193.1 %. However, it did see a marginal increase of 88.05 % from the previous quarter. Expenses ticked up slightly by 94.12 % quarter-on-quarter, aligning with the annual rise of 181.37 %. Operating profit, while up 861.9 % compared to last year, faced a quarter-on-quarter increase of 23.93 %, 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 3.97 %, but a shrinkage of -2.95 % sequentially. Other income rose by 4.98 % compared to the last quarter, despite an annual decline of -50.61 %. Interest expenses surged remarkably by 19.05 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.71 %. Depreciation costs climbed by 35.71 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.56 %. Profit before tax grew annually by 244.44 % but saw an increase from the preceding quarter by 18.47 %.
Tax expenses as a percentage of profits decreased slightly by -8.46 % compared to last year, with a more notable quarter-on-quarter increase of 19.71 %. Net profit rose by 290.91 % year-on-year but witnessed a -7.86 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 293.22 % but a quarterly fall of -7.94 %. In summary, Continental Petroleums 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. 12.074 Cr | Rs. 18.819 Cr | Rs. 35.389 Cr | + 88.05 % | + 193.1 % |
Expenses | Rs. 11.86 Cr | Rs. 17.19 Cr | Rs. 33.37 Cr | + 94.12 % | + 181.37 % |
Operating Profit | Rs. 0.21 Cr | Rs. 1.63 Cr | Rs. 2.02 Cr | + 23.93 % | + 861.9 % |
Net Profit | Rs. 0.33 Cr | Rs. 1.4 Cr | Rs. 1.29 Cr | -7.86 % | + 290.91 % |
EPS in Rs | Rs. 0.59 | Rs. 2.52 | Rs. 2.32 | -7.94 % | + 293.22 % |
In reviewing Continental Petroleums Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 193.1 % year-on-year growth, however, there was a minor increase of 88.05 % from the previous quarter. Expenses rose by 181.37 % compared to the previous year, with a 94.12 % increase quarter-on-quarter. Operating Profit surged by 861.9 % annually, and saw a 23.93 % increase from the last quarter.
Net Profit showed yearly increase of 290.91 %, and experienced a -7.86 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 293.22 % annually, however dipped by -7.94 % compared to the last quarter. In essence, while Continental Petroleums Ltd., exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.