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Highlights
- Sales over the Year and quarter: The company’s sales declined by -28.49 % over the year, substantial increase in net sales/revenue by 105.43 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -53.7 %, Marginal increase in other income during this quarter, up by 85.19%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Continental Petroleums Ltd.,. Profit dropped by -20.7 % Year to Year, Continental Petroleums Ltd.,’s profitability increased by 89.2 % in this quarter.
- EPS over the Year and quarter: EPS declined by -29.81 % Year to Year. EPS increased by 89.47 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 26.318 Cr | Rs. 9.161 Cr | Rs. 18.819 Cr | + 105.43 % | -28.49 % |
Expenses | Rs. 24.24 Cr | Rs. 8.02 Cr | Rs. 17.19 Cr | + 114.34 % | -29.08 % |
Operating Profit | Rs. 2.08 Cr | Rs. 1.14 Cr | Rs. 1.63 Cr | + 42.98 % | -21.63 % |
OPM % | 7.9 % | 12.44 % | 8.66 % | -3.78 % | + 0.76 % |
Other Income | Rs. 1.08 Cr | Rs. 0.27 Cr | Rs. 0.5 Cr | + 85.19 % | -53.7 % |
Interest | Rs. 0.32 Cr | Rs. 0.23 Cr | Rs. 0.42 Cr | + 82.61 % | + 31.25 % |
Depreciation | Rs. 0.4 Cr | Rs. 0.19 Cr | Rs. 0.14 Cr | -26.32 % | -65 % |
Profit before tax | Rs. 2.44 Cr | Rs. 0.99 Cr | Rs. 1.57 Cr | + 58.59 % | -35.66 % |
Tax % | 27.5 % | 25.15 % | 10.76 % | -14.39 % | -16.74 % |
Net Profit | Rs. 1.77 Cr | Rs. 0.74 Cr | Rs. 1.4 Cr | + 89.19 % | -20.9 % |
EPS in Rs | Rs. 3.59 | Rs. 1.33 | Rs. 2.52 | + 89.47 % | -29.81 % |
Today, we’re looking at Continental Petroleums Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -28.49 %. However, it did see a marginal increase of 105.43 % from the previous quarter. Expenses ticked up slightly by 114.34 % quarter-on-quarter, aligning with the annual decline of -29.08 %. Operating profit, while down -21.63 % compared to last year, faced a quarter-on-quarter increase of 42.98 %, 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 0.76 %, but a shrinkage of -3.78 % sequentially. Other income rose by 85.19 % compared to the last quarter, despite an annual decline of -53.7 %. Interest expenses surged remarkably by 82.61 % from the previous quarter, yet the year-over-year increase remains at a moderate 31.25 %. Depreciation costs fell by -26.32 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -65 %. Profit before tax declined annually by -35.66 % but saw an increase from the preceding quarter by 58.59 %.
Tax expenses as a percentage of profits decreased slightly by -16.74 % compared to last year, with a more notable quarter-on-quarter decrease of -14.39 %. Net profit fell by -20.9 % year-on-year but experienced a 89.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -29.81 % but a quarterly rise of 89.47 %. 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. 26.318 Cr | Rs. 9.161 Cr | Rs. 18.819 Cr | + 105.43 % | -28.49 % |
Expenses | Rs. 24.24 Cr | Rs. 8.02 Cr | Rs. 17.19 Cr | + 114.34 % | -29.08 % |
Operating Profit | Rs. 2.08 Cr | Rs. 1.14 Cr | Rs. 1.63 Cr | + 42.98 % | -21.63 % |
Net Profit | Rs. 1.77 Cr | Rs. 0.74 Cr | Rs. 1.4 Cr | + 89.19 % | -20.9 % |
EPS in Rs | Rs. 3.59 | Rs. 1.33 | Rs. 2.52 | + 89.47 % | -29.81 % |
In reviewing Continental Petroleums Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -28.49 % year-on-year, however, there was a minor increase of 105.43 % from the previous quarter. Expenses decreased by -29.08 % compared to the previous year, with a 114.34 % increase quarter-on-quarter. Operating Profit dropped by -21.63 % annually, and saw a 42.98 % increase from the last quarter.
Net Profit showed yearly decrease of -20.9 %, and experienced a 89.19 % increase from the previous quarter. Earnings Per Share (EPS) fell by -29.81 % annually, however rose by 89.47 % compared to the last quarter. In essence, while Continental Petroleums Ltd., faces strong annual decline 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.