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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’s sales declined by -6.88 % over the year, substantial increase in net sales/revenue by 30.97 %.
- 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 51.16 %. Marginal decrease of -51.31% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Dutron Polymers Ltd.. Notable increase of 6.3 % in net profit Year to Year, Dutron Polymers Ltd.’s profitability increased by 1120.33 % in this quarter.
- EPS over the Year and quarter: EPS increased by 6.38 % Year to Year. EPS increased by 495.24 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 36.254 Cr | Rs. 25.776 Cr | Rs. 33.76 Cr | + 30.97 % | -6.88 % |
| Expenses | Rs. 33.99 Cr | Rs. 25.13 Cr | Rs. 31.43 Cr | + 25.07 % | -7.53 % |
| Operating Profit | Rs. 2.26 Cr | Rs. 0.65 Cr | Rs. 2.33 Cr | + 258.46 % | + 3.1 % |
| OPM % | 6.23 % | 2.52 % | 6.9 % | + 4.38 % | + 0.67 % |
| Other Income | Rs. 0.086 Cr | Rs. 0.267 Cr | Rs. 0.13 Cr | -51.31 % | + 51.16 % |
| Interest | Rs. 0.26 Cr | Rs. 0.12 Cr | Rs. 0.18 Cr | + 50 % | -30.77 % |
| Depreciation | Rs. 0.28 Cr | Rs. 0.28 Cr | Rs. 0.28 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 1.81 Cr | Rs. 0.52 Cr | Rs. 2 Cr | + 284.62 % | + 10.5 % |
| Tax % | 22.08 % | 76.2 % | 25.02 % | -51.18 % | + 2.94 % |
| Net Profit | Rs. 1.41 Cr | Rs. 0.12 Cr | Rs. 1.5 Cr | + 1150 % | + 6.38 % |
| EPS in Rs | Rs. 2.35 | Rs. 0.42 | Rs. 2.5 | + 495.24 % | + 6.38 % |
Today, we’re looking at Dutron Polymers 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 -6.88 %. However, it did see a marginal increase of 30.97 % from the previous quarter. Expenses ticked up slightly by 25.07 % quarter-on-quarter, aligning with the annual decline of -7.53 %. Operating profit, while up 3.1 % compared to last year, faced a quarter-on-quarter increase of 258.46 %, 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 0.67 %, but an expansion of 4.38 % sequentially. Other income fell by -51.31 % compared to the last quarter, despite an annual growth of 51.16 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -30.77 %. 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 10.5 % but saw an increase from the preceding quarter by 284.62 %.
Tax expenses as a percentage of profits increased slightly by 2.94 % compared to last year, with a more notable quarter-on-quarter decrease of -51.18 %. Net profit rose by 6.38 % year-on-year but experienced a 1150 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.38 % but a quarterly rise of 495.24 %. In summary, Dutron Polymers 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. 36.254 Cr | Rs. 25.776 Cr | Rs. 33.76 Cr | + 30.97 % | -6.88 % |
| Expenses | Rs. 33.99 Cr | Rs. 25.13 Cr | Rs. 31.43 Cr | + 25.07 % | -7.53 % |
| Operating Profit | Rs. 2.26 Cr | Rs. 0.65 Cr | Rs. 2.33 Cr | + 258.46 % | + 3.1 % |
| Net Profit | Rs. 1.41 Cr | Rs. 0.12 Cr | Rs. 1.5 Cr | + 1150 % | + 6.38 % |
| EPS in Rs | Rs. 2.35 | Rs. 0.42 | Rs. 2.5 | + 495.24 % | + 6.38 % |
In reviewing Dutron Polymers Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.88 % year-on-year, however, there was a minor increase of 30.97 % from the previous quarter. Expenses decreased by -7.53 % compared to the previous year, with a 25.07 % increase quarter-on-quarter. Operating Profit surged by 3.1 % annually, and saw a 258.46 % increase from the last quarter.
Net Profit showed yearly increase of 6.38 %, and experienced a 1150 % increase from the previous quarter. Earnings Per Share (EPS) rose by 6.38 % annually, however rose by 495.24 % compared to the last quarter. In essence, while Dutron Polymers 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.
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