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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- 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 271.64 %. Marginal increase in other income during this quarter, up by 2684.47%.
- Profit over the Year and quarter: Challenges in sustaining profitability for FACOR Alloys Limited. Profit dropped by -178.64 % Year to Year, FACOR Alloys Limited’s profitability dropped by -227.48 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -178.05 % Year to Year. EPS decreased by -228 % 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. 98.165 Cr | Rs. 0.421 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 102.48 Cr | Rs. 4.83 Cr | Rs. 3.76 Cr | -22.15 % | -96.33 % |
Operating Profit | Rs. -4.32 Cr | Rs. -4.41 Cr | Rs. -3.76 Cr | + 14.74 % | + 12.96 % |
OPM % | -4.4 % | -1047.51 % | 0 % | + 1047.51 % | + 4.4 % |
Other Income | Rs. -5.722 Cr | Rs. -0.38 Cr | Rs. 9.821 Cr | + 2684.47 % | + 271.64 % |
Interest | Rs. 0.21 Cr | Rs. 1.42 Cr | Rs. 0.72 Cr | -49.3 % | + 242.86 % |
Depreciation | Rs. 0.69 Cr | Rs. 0.49 Cr | Rs. 0.42 Cr | -14.29 % | -39.13 % |
Profit before tax | Rs. -10.94 Cr | Rs. -6.7 Cr | Rs. 4.92 Cr | + 173.43 % | + 144.97 % |
Tax % | -27.4 % | -26.92 % | 26.73 % | + 53.65 % | + 54.13 % |
Net Profit | Rs. -7.94 Cr | Rs. -4.9 Cr | Rs. 6.24 Cr | + 227.35 % | + 178.59 % |
EPS in Rs | Rs. -0.41 | Rs. -0.25 | Rs. 0.32 | + 228 % | + 178.05 % |
Today, we’re looking at FACOR Alloys Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -22.15 % quarter-on-quarter, aligning with the annual decline of -96.33 %. Operating profit, while up 12.96 % compared to last year, faced a quarter-on-quarter increase of 14.74 %, 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 4.4 %, but an expansion of 1047.51 % sequentially. Other income rose by 2684.47 % compared to the last quarter, despite an annual growth of 271.64 %. Interest expenses dropped significantly by -49.3 % from the previous quarter, yet the year-over-year increase remains at a moderate 242.86 %. Depreciation costs fell by -14.29 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -39.13 %. Profit before tax grew annually by 144.97 % but saw an increase from the preceding quarter by 173.43 %.
Tax expenses as a percentage of profits increased slightly by 54.13 % compared to last year, with a more notable quarter-on-quarter increase of 53.65 %. Net profit rose by 178.59 % year-on-year but experienced a 227.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 178.05 % but a quarterly rise of 228 %. In summary, FACOR Alloys 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. 98.165 Cr | Rs. 0.421 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 102.48 Cr | Rs. 4.83 Cr | Rs. 3.76 Cr | -22.15 % | -96.33 % |
Operating Profit | Rs. -4.32 Cr | Rs. -4.41 Cr | Rs. -3.76 Cr | + 14.74 % | + 12.96 % |
Net Profit | Rs. -7.94 Cr | Rs. -4.9 Cr | Rs. 6.24 Cr | + 227.35 % | + 178.59 % |
EPS in Rs | Rs. -0.41 | Rs. -0.25 | Rs. 0.32 | + 228 % | + 178.05 % |
In reviewing FACOR Alloys Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -96.33 % compared to the previous year, with a decrease of -22.15 % quarter-on-quarter. Operating Profit surged by 12.96 % annually, and saw a 14.74 % increase from the last quarter.
Net Profit showed yearly increase of 178.59 %, and experienced a 227.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 178.05 % annually, however rose by 228 % compared to the last quarter. In essence, while FACOR Alloys Limited 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.