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CSL Finance : Q1 2024 Financial Quarterly Report : YoY Sales Up 44.77 %, QoQ Up 9.52 %

July 31, 2024July 31, 2024| adminadmin| 0 Comments| 3:45 pm
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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 44.77 % in the past year, substantial increase in net sales/revenue by 9.52 %.
  • 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 36.55 %. Marginal decrease of -3.93% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for CSL Finance Limited. Notable increase of 39.55 % in net profit Year to Year, CSL Finance Limited’s profitability dropped by -0.46 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 27.07 % Year to Year. EPS decreased by -0.37 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of CSL Finance Limited”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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 35.29 Cr Rs. 46.646 Cr Rs. 51.088 Cr + 9.52 % + 44.77 %
Expenses Rs. 7.52 Cr Rs. 9.71 Cr Rs. 12.06 Cr + 24.2 % + 60.37 %
Operating Profit Rs. 27.77 Cr Rs. 36.94 Cr Rs. 39.03 Cr + 5.66 % + 40.55 %
OPM % 78.69 % 79.19 % 76.4 % -2.79 % -2.29 %
Other Income Rs. 0.197 Cr Rs. 0.28 Cr Rs. 0.269 Cr -3.93 % + 36.55 %
Interest Rs. 9.46 Cr Rs. 13.46 Cr Rs. 14.26 Cr + 5.94 % + 50.74 %
Depreciation Rs. 0.32 Cr Rs. 0.36 Cr Rs. 0.39 Cr + 8.33 % + 21.88 %
Profit before tax Rs. 18.19 Cr Rs. 23.4 Cr Rs. 24.65 Cr + 5.34 % + 35.51 %
Tax % 27.16 % 20.6 % 25.01 % + 4.41 % -2.15 %
Net Profit Rs. 13.25 Cr Rs. 18.57 Cr Rs. 18.49 Cr -0.43 % + 39.55 %
EPS in Rs Rs. 6.35 Rs. 8.13 Rs. 8.03 -1.23 % + 26.46 %


Today, we’re looking at CSL Finance Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 44.77 %. However, it did see a marginal increase of 9.52 % from the previous quarter. Expenses ticked up slightly by 24.2 % quarter-on-quarter, aligning with the annual rise of 60.37 %. Operating profit, while up 40.55 % compared to last year, faced a quarter-on-quarter increase of 5.66 %, 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 -2.29 %, but a shrinkage of -2.79 % sequentially. Other income fell by -3.93 % compared to the last quarter, despite an annual growth of 36.55 %. Interest expenses surged remarkably by 5.94 % from the previous quarter, yet the year-over-year increase remains at a moderate 50.74 %. Depreciation costs climbed by 8.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.88 %. Profit before tax grew annually by 35.51 % but saw an increase from the preceding quarter by 5.34 %.
Tax expenses as a percentage of profits decreased slightly by -2.15 % compared to last year, with a more notable quarter-on-quarter increase of 4.41 %. Net profit rose by 39.55 % year-on-year but witnessed a -0.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.46 % but a quarterly fall of -1.23 %. In summary, CSL Finance 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. 35.29 Cr Rs. 46.646 Cr Rs. 51.088 Cr + 9.52 % + 44.77 %
Expenses Rs. 7.52 Cr Rs. 9.71 Cr Rs. 12.06 Cr + 24.2 % + 60.37 %
Operating Profit Rs. 27.77 Cr Rs. 36.94 Cr Rs. 39.03 Cr + 5.66 % + 40.55 %
Net Profit Rs. 13.25 Cr Rs. 18.57 Cr Rs. 18.49 Cr -0.43 % + 39.55 %
EPS in Rs Rs. 6.35 Rs. 8.13 Rs. 8.03 -1.23 % + 26.46 %


In reviewing CSL Finance Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 44.77 % year-on-year growth, however, there was a minor increase of 9.52 % from the previous quarter. Expenses rose by 60.37 % compared to the previous year, with a 24.2 % increase quarter-on-quarter. Operating Profit surged by 40.55 % annually, and saw a 5.66 % increase from the last quarter.
Net Profit showed yearly increase of 39.55 %, and experienced a -0.43 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 26.46 % annually, however dipped by -1.23 % compared to the last quarter. In essence, while CSL Finance Limited 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.

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