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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 633.7 % in the past year, decrease in net sales/revenue by -48.38 %.
- Profit over the Year and quarter: Significant improvement in profitability for Flora Corporation Limited. Notable increase of 166.13 % in net profit Year to Year, Flora Corporation Limited’s profitability increased by 1550 % in this quarter.
- EPS over the Year and quarter: EPS increased by 375.00 % Year to Year. EPS increased by 1800 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 5.083 Cr | Rs. 72.249 Cr | Rs. 37.294 Cr | -48.38 % | + 633.7 % |
Expenses | Rs. 5.04 Cr | Rs. 72.23 Cr | Rs. 37.07 Cr | -48.68 % | + 635.52 % |
Operating Profit | Rs. 0.04 Cr | Rs. 0.02 Cr | Rs. 0.22 Cr | + 1000 % | + 450 % |
OPM % | 0.79 % | 0.03 % | 0.59 % | + 0.56 % | -0.2 % |
Other Income | Rs. 0 Cr | Rs. -0.002 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.04 Cr | Rs. 0.02 Cr | Rs. 0.22 Cr | + 1000 % | + 450 % |
Tax % | 24.39 % | 50 % | 25 % | -25 % | + 0.61 % |
Net Profit | Rs. 0.06 Cr | Rs. 0.01 Cr | Rs. 0.17 Cr | + 1600 % | + 183.33 % |
EPS in Rs | Rs. 0.04 | Rs. 0.01 | Rs. 0.19 | + 1800 % | + 375 % |
Today, we’re looking at Flora Corporation 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 633.7 %. However, it did see a marginal slip of -48.38 % from the previous quarter. Expenses decreased slightly by -48.68 % quarter-on-quarter, aligning with the annual rise of 635.52 %. Operating profit, while up 450 % compared to last year, faced a quarter-on-quarter increase of 1000 %, 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 -0.2 %, but an expansion of 0.56 % sequentially. Profit before tax grew annually by 450 % but saw an increase from the preceding quarter by 1000 %.
Tax expenses as a percentage of profits increased slightly by 0.61 % compared to last year, with a more notable quarter-on-quarter decrease of -25 %. Net profit rose by 183.33 % year-on-year but experienced a 1600 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 375 % but a quarterly rise of 1800 %. In summary, Flora Corporation 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. 5.083 Cr | Rs. 72.249 Cr | Rs. 37.294 Cr | -48.38 % | + 633.7 % |
Expenses | Rs. 5.04 Cr | Rs. 72.23 Cr | Rs. 37.07 Cr | -48.68 % | + 635.52 % |
Operating Profit | Rs. 0.04 Cr | Rs. 0.02 Cr | Rs. 0.22 Cr | + 1000 % | + 450 % |
Net Profit | Rs. 0.06 Cr | Rs. 0.01 Cr | Rs. 0.17 Cr | + 1600 % | + 183.33 % |
EPS in Rs | Rs. 0.04 | Rs. 0.01 | Rs. 0.19 | + 1800 % | + 375 % |
In reviewing Flora Corporation Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 633.7 % year-on-year growth, although there was a slight dip of -48.38 % from the previous quarter. Expenses rose by 635.52 % compared to the previous year, with a decrease of -48.68 % quarter-on-quarter. Operating Profit surged by 450 % annually, and saw a 1000 % increase from the last quarter.
Net Profit showed yearly increase of 183.33 %, and experienced a 1600 % increase from the previous quarter. Earnings Per Share (EPS) rose by 375 % annually, however rose by 1800 % compared to the last quarter. In essence, while Flora Corporation 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.