Share the post "Gulf Oil Lubricants India : Q4 2024 Financial Quarterly Report : YoY Sales Up 9.79 %, QoQ Up 6.37 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.79 % in the past year, substantial increase in net sales/revenue by 6.37 %.
- 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 42.14 %. Marginal increase in other income during this quarter, up by 13.47%.
- Profit over the Year and quarter: Significant improvement in profitability for Gulf Oil Lubricants India Limited. Notable increase of 39.88 % in net profit Year to Year, Gulf Oil Lubricants India Limited’s profitability increased by 9.44 % in this quarter.
- EPS over the Year and quarter: EPS increased by 39.62 % Year to Year. EPS increased by 9.26 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 792.05 Cr | Rs. 817.512 Cr | Rs. 869.628 Cr | + 6.37 % | + 9.79 % |
Expenses | Rs. 704.51 Cr | Rs. 707.07 Cr | Rs. 752.34 Cr | + 6.4 % | + 6.79 % |
Operating Profit | Rs. 87.54 Cr | Rs. 110.44 Cr | Rs. 117.29 Cr | + 6.2 % | + 33.98 % |
OPM % | 11.05 % | 13.51 % | 13.49 % | -0.02 % | + 2.44 % |
Other Income | Rs. 13.81 Cr | Rs. 17.3 Cr | Rs. 19.63 Cr | + 13.47 % | + 42.14 % |
Interest | Rs. 6.64 Cr | Rs. 8.3 Cr | Rs. 5.79 Cr | -30.24 % | -12.8 % |
Depreciation | Rs. 10.7 Cr | Rs. 12.64 Cr | Rs. 16.12 Cr | + 27.53 % | + 50.65 % |
Profit before tax | Rs. 84.01 Cr | Rs. 106.8 Cr | Rs. 115.01 Cr | + 7.69 % | + 36.9 % |
Tax % | 26 % | 25.63 % | 24.42 % | -1.21 % | -1.58 % |
Net Profit | Rs. 62.16 Cr | Rs. 79.45 Cr | Rs. 86.95 Cr | + 9.44 % | + 39.88 % |
EPS in Rs | Rs. 12.65 | Rs. 16.05 | Rs. 17.39 | + 8.35 % | + 37.47 % |
Today, we’re looking at Gulf Oil Lubricants India Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 9.79 %. However, it did see a marginal increase of 6.37 % from the previous quarter. Expenses ticked up slightly by 6.4 % quarter-on-quarter, aligning with the annual rise of 6.79 %. Operating profit, while up 33.98 % compared to last year, faced a quarter-on-quarter increase of 6.2 %, 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 2.44 %, but a shrinkage of -0.02 % sequentially. Other income rose by 13.47 % compared to the last quarter, despite an annual growth of 42.14 %. Interest expenses dropped significantly by -30.24 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.8 %. Depreciation costs climbed by 27.53 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50.65 %. Profit before tax grew annually by 36.9 % but saw an increase from the preceding quarter by 7.69 %.
Tax expenses as a percentage of profits decreased slightly by -1.58 % compared to last year, with a more notable quarter-on-quarter decrease of -1.21 %. Net profit rose by 39.88 % year-on-year but experienced a 9.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 37.47 % but a quarterly rise of 8.35 %. In summary, Gulf Oil Lubricants India 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. 792.05 Cr | Rs. 817.512 Cr | Rs. 869.628 Cr | + 6.37 % | + 9.79 % |
Expenses | Rs. 704.51 Cr | Rs. 707.07 Cr | Rs. 752.34 Cr | + 6.4 % | + 6.79 % |
Operating Profit | Rs. 87.54 Cr | Rs. 110.44 Cr | Rs. 117.29 Cr | + 6.2 % | + 33.98 % |
Net Profit | Rs. 62.16 Cr | Rs. 79.45 Cr | Rs. 86.95 Cr | + 9.44 % | + 39.88 % |
EPS in Rs | Rs. 12.65 | Rs. 16.05 | Rs. 17.39 | + 8.35 % | + 37.47 % |
In reviewing Gulf Oil Lubricants India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.79 % year-on-year growth, however, there was a minor increase of 6.37 % from the previous quarter. Expenses rose by 6.79 % compared to the previous year, with a 6.4 % increase quarter-on-quarter. Operating Profit surged by 33.98 % annually, and saw a 6.2 % increase from the last quarter.
Net Profit showed yearly increase of 39.88 %, and experienced a 9.44 % increase from the previous quarter. Earnings Per Share (EPS) rose by 37.47 % annually, however rose by 8.35 % compared to the last quarter. In essence, while Gulf Oil Lubricants India 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.