Share the post "Hindustan Foods announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 40.18 % in the past year, substantial increase in net sales/revenue by 18.76 %.
- 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 215.33 %. Marginal decrease of -17.96% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Hindustan Foods Ltd.,. Notable increase of 16.59 % in net profit Year to Year, Hindustan Foods Ltd.,’s profitability increased by 18.78 % in this quarter.
- EPS over the Year and quarter: EPS increased by 14.98 % Year to Year. EPS increased by 18.41 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 619.249 Cr | Rs. 730.963 Cr | Rs. 868.077 Cr | + 18.76 % | + 40.18 % |
Expenses | Rs. 568.78 Cr | Rs. 670.4 Cr | Rs. 795.39 Cr | + 18.64 % | + 39.84 % |
Operating Profit | Rs. 50.47 Cr | Rs. 60.56 Cr | Rs. 72.69 Cr | + 20.03 % | + 44.03 % |
OPM % | 8.15 % | 8.28 % | 8.37 % | + 0.09 % | + 0.22 % |
Other Income | Rs. 0.907 Cr | Rs. 3.486 Cr | Rs. 2.86 Cr | -17.96 % | + 215.33 % |
Interest | Rs. 11 Cr | Rs. 17.99 Cr | Rs. 19.76 Cr | + 9.84 % | + 79.64 % |
Depreciation | Rs. 10.88 Cr | Rs. 18.36 Cr | Rs. 19.55 Cr | + 6.48 % | + 79.69 % |
Profit before tax | Rs. 29.5 Cr | Rs. 27.7 Cr | Rs. 36.24 Cr | + 30.83 % | + 22.85 % |
Tax % | 20.76 % | 17.2 % | 24.82 % | + 7.62 % | + 4.06 % |
Net Profit | Rs. 23.37 Cr | Rs. 22.94 Cr | Rs. 27.25 Cr | + 18.79 % | + 16.6 % |
EPS in Rs | Rs. 2.07 | Rs. 2.01 | Rs. 2.38 | + 18.41 % | + 14.98 % |
Today, we’re looking at Hindustan Foods Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 40.18 %. However, it did see a marginal increase of 18.76 % from the previous quarter. Expenses ticked up slightly by 18.64 % quarter-on-quarter, aligning with the annual rise of 39.84 %. Operating profit, while up 44.03 % compared to last year, faced a quarter-on-quarter increase of 20.03 %, 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 0.22 %, but an expansion of 0.09 % sequentially. Other income fell by -17.96 % compared to the last quarter, despite an annual growth of 215.33 %. Interest expenses surged remarkably by 9.84 % from the previous quarter, yet the year-over-year increase remains at a moderate 79.64 %. Depreciation costs climbed by 6.48 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 79.69 %. Profit before tax grew annually by 22.85 % but saw an increase from the preceding quarter by 30.83 %.
Tax expenses as a percentage of profits increased slightly by 4.06 % compared to last year, with a more notable quarter-on-quarter increase of 7.62 %. Net profit rose by 16.6 % year-on-year but experienced a 18.79 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 14.98 % but a quarterly rise of 18.41 %. In summary, Hindustan Foods 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. 619.249 Cr | Rs. 730.963 Cr | Rs. 868.077 Cr | + 18.76 % | + 40.18 % |
Expenses | Rs. 568.78 Cr | Rs. 670.4 Cr | Rs. 795.39 Cr | + 18.64 % | + 39.84 % |
Operating Profit | Rs. 50.47 Cr | Rs. 60.56 Cr | Rs. 72.69 Cr | + 20.03 % | + 44.03 % |
Net Profit | Rs. 23.37 Cr | Rs. 22.94 Cr | Rs. 27.25 Cr | + 18.79 % | + 16.6 % |
EPS in Rs | Rs. 2.07 | Rs. 2.01 | Rs. 2.38 | + 18.41 % | + 14.98 % |
In reviewing Hindustan Foods Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 40.18 % year-on-year growth, however, there was a minor increase of 18.76 % from the previous quarter. Expenses rose by 39.84 % compared to the previous year, with a 18.64 % increase quarter-on-quarter. Operating Profit surged by 44.03 % annually, and saw a 20.03 % increase from the last quarter.
Net Profit showed yearly increase of 16.6 %, and experienced a 18.79 % increase from the previous quarter. Earnings Per Share (EPS) rose by 14.98 % annually, however rose by 18.41 % compared to the last quarter. In essence, while Hindustan Foods 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.
[my_shortcode1 values=”Hindustan Foods “]