Share the post "Dalmia Bharat ‘s Q2 Results: Profit Drops by 60.16% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -1.97 % over the year, decrease in net sales/revenue by -14.75 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -14.12 %, Marginal increase in other income during this quarter, up by 46%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Dalmia Bharat Limited. Profit dropped by -60.16 % Year to Year, Dalmia Bharat Limited’s profitability dropped by -66.21 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -61.11 % Year to Year. EPS decreased by -67.42 % 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. 3149 Cr | Rs. 3621 Cr | Rs. 3087 Cr | -14.75 % | -1.97 % |
Expenses | Rs. 2560 Cr | Rs. 2952 Cr | Rs. 2653 Cr | -10.13 % | + 3.63 % |
Operating Profit | Rs. 589 Cr | Rs. 669 Cr | Rs. 434 Cr | -35.13 % | -26.32 % |
OPM % | 18.7 % | 18.48 % | 14.06 % | -4.42 % | -4.64 % |
Other Income | Rs. 85 Cr | Rs. 50 Cr | Rs. 73 Cr | + 46 % | -14.12 % |
Interest | Rs. 101 Cr | Rs. 95 Cr | Rs. 98 Cr | + 3.16 % | -2.97 % |
Depreciation | Rs. 401 Cr | Rs. 317 Cr | Rs. 336 Cr | + 5.99 % | -16.21 % |
Profit before tax | Rs. 172 Cr | Rs. 307 Cr | Rs. 73 Cr | -76.22 % | -57.56 % |
Tax % | 27.91 % | 25.26 % | 32.88 % | + 7.62 % | + 4.97 % |
Net Profit | Rs. 123 Cr | Rs. 145 Cr | Rs. 49 Cr | -66.21 % | -60.16 % |
EPS in Rs | Rs. 6.29 | Rs. 7.52 | Rs. 2.45 | -67.42 % | -61.05 % |
Today, we’re looking at Dalmia Bharat Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -1.97 %. However, it did see a marginal slip of -14.75 % from the previous quarter. Expenses decreased slightly by -10.13 % quarter-on-quarter, aligning with the annual rise of 3.63 %. Operating profit, while down -26.32 % compared to last year, faced a quarter-on-quarter dip of -35.13 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.64 %, but a shrinkage of -4.42 % sequentially. Other income rose by 46 % compared to the last quarter, despite an annual decline of -14.12 %. Interest expenses surged remarkably by 3.16 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.97 %. Depreciation costs climbed by 5.99 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.21 %. Profit before tax declined annually by -57.56 % but saw a reduction from the preceding quarter by -76.22 %.
Tax expenses as a percentage of profits increased slightly by 4.97 % compared to last year, with a more notable quarter-on-quarter increase of 7.62 %. Net profit fell by -60.16 % year-on-year but witnessed a -66.21 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -61.05 % but a quarterly fall of -67.42 %. In summary, Dalmia Bharat 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. 3149 Cr | Rs. 3621 Cr | Rs. 3087 Cr | -14.75 % | -1.97 % |
Expenses | Rs. 2560 Cr | Rs. 2952 Cr | Rs. 2653 Cr | -10.13 % | + 3.63 % |
Operating Profit | Rs. 589 Cr | Rs. 669 Cr | Rs. 434 Cr | -35.13 % | -26.32 % |
Net Profit | Rs. 123 Cr | Rs. 145 Cr | Rs. 49 Cr | -66.21 % | -60.16 % |
EPS in Rs | Rs. 6.29 | Rs. 7.52 | Rs. 2.45 | -67.42 % | -61.05 % |
In reviewing Dalmia Bharat Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.97 % year-on-year, although there was a slight dip of -14.75 % from the previous quarter. Expenses rose by 3.63 % compared to the previous year, with a decrease of -10.13 % quarter-on-quarter. Operating Profit dropped by -26.32 % annually, and saw a -35.13 % decrease from the last quarter.
Net Profit showed yearly decrease of -60.16 %, and experienced a -66.21 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -61.05 % annually, however dipped by -67.42 % compared to the last quarter. In essence, while Dalmia Bharat Limited faces strong annual decline 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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