Coral India Finance And Housing announced Financial Results Q1 2024-25

The comprehensive analytics outlining the performance and outlook of Coral India Finance And Housing Ltd‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Coral India Finance And Housing Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -10.33 %. However, it did see a marginal increase of 11.12 % from the previous quarter. Expenses decreased slightly by -21.76 % quarter-on-quarter, aligning with the annual decline of -50.74 %. Operating profit, while up 7.52 % compared to last year, faced a quarter-on-quarter increase of 21.4 %, 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 13.82 %, but an expansion of 7.05 % sequentially. Other income rose by 43.61 % compared to the last quarter, despite an annual growth of 51.25 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 15.23 % but saw an increase from the preceding quarter by 25.92 %.
Tax expenses as a percentage of profits increased slightly by 0 % compared to last year, with a more notable quarter-on-quarter increase of 14.88 %. Net profit rose by 15.32 % year-on-year but experienced a 3.92 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 14.94 % but a quarterly rise of 3.51 %. In summary, Coral India Finance And Housing Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Coral India Finance And Housing Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.33 % year-on-year, however, there was a minor increase of 11.12 % from the previous quarter. Expenses decreased by -50.74 % compared to the previous year, with a decrease of -21.76 % quarter-on-quarter. Operating Profit surged by 7.52 % annually, and saw a 21.4 % increase from the last quarter.
Net Profit showed yearly increase of 15.32 %, and experienced a 3.92 % increase from the previous quarter. Earnings Per Share (EPS) rose by 14.94 % annually, however rose by 3.51 % compared to the last quarter. In essence, while Coral India Finance And Housing 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.