Share the post "Hindustan Petroleum Corporation Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 6.18 % in YoY and increased by 2.67 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 6.18 % in the past year, substantial increase in net sales/revenue by 2.67 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -56.23 %, Marginal decrease of -24.85% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hindustan Petroleum Corporation Ltd. Profit dropped by -24.91 % Year to Year, Hindustan Petroleum Corporation Ltd’s profitability increased by 280.07 % in this quarter.
- EPS over the Year and quarter: EPS declined by -24.93 % Year to Year. EPS increased by 279.52 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 114573.31 Cr | Rs. 118484.3 Cr | Rs. 121653.27 Cr | + 2.67 % | + 6.18 % |
| Expenses | Rs. 109443.57 Cr | Rs. 116323.89 Cr | Rs. 116771.53 Cr | + 0.38 % | + 6.7 % |
| Operating Profit | Rs. 5129.74 Cr | Rs. 2160.41 Cr | Rs. 4881.74 Cr | + 125.96 % | -4.83 % |
| OPM % | 4.48 % | 1.82 % | 4.01 % | + 2.19 % | -0.47 % |
| Other Income | Rs. 1358.08 Cr | Rs. 790.97 Cr | Rs. 594.4 Cr | -24.85 % | -56.23 % |
| Interest | Rs. 537.12 Cr | Rs. 619.5 Cr | Rs. 719.63 Cr | + 16.16 % | + 33.98 % |
| Depreciation | Rs. 1237.83 Cr | Rs. 1345.44 Cr | Rs. 1632.23 Cr | + 21.32 % | + 31.86 % |
| Profit before tax | Rs. 4712.87 Cr | Rs. 986.44 Cr | Rs. 3124.28 Cr | + 216.72 % | -33.71 % |
| Tax % | 28.08 % | 37.76 % | 13.94 % | -23.82 % | -14.14 % |
| Net Profit | Rs. 3608.32 Cr | Rs. 712.84 Cr | Rs. 2709.31 Cr | + 280.07 % | -24.91 % |
| EPS in Rs | Rs. 25.43 | Rs. 5.03 | Rs. 19.09 | + 279.52 % | -24.93 % |
Today, we’re looking at Hindustan Petroleum Corporation Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 6.18 %. However, it did see a marginal increase of 2.67 % from the previous quarter. Expenses ticked up slightly by 0.38 % quarter-on-quarter, aligning with the annual rise of 6.7 %. Operating profit, while down -4.83 % compared to last year, faced a quarter-on-quarter increase of 125.96 %, 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 -0.47 %, but an expansion of 2.19 % sequentially. Other income fell by -24.85 % compared to the last quarter, despite an annual decline of -56.23 %. Interest expenses surged remarkably by 16.16 % from the previous quarter, yet the year-over-year increase remains at a moderate 33.98 %. Depreciation costs climbed by 21.32 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.86 %. Profit before tax declined annually by -33.71 % but saw an increase from the preceding quarter by 216.72 %.
Tax expenses as a percentage of profits decreased slightly by -14.14 % compared to last year, with a more notable quarter-on-quarter decrease of -23.82 %. Net profit fell by -24.91 % year-on-year but experienced a 280.07 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -24.93 % but a quarterly rise of 279.52 %. In summary, Hindustan Petroleum Corporation 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. 114573.31 Cr | Rs. 118484.3 Cr | Rs. 121653.27 Cr | + 2.67 % | + 6.18 % |
| Expenses | Rs. 109443.57 Cr | Rs. 116323.89 Cr | Rs. 116771.53 Cr | + 0.38 % | + 6.7 % |
| Operating Profit | Rs. 5129.74 Cr | Rs. 2160.41 Cr | Rs. 4881.74 Cr | + 125.96 % | -4.83 % |
| Net Profit | Rs. 3608.32 Cr | Rs. 712.84 Cr | Rs. 2709.31 Cr | + 280.07 % | -24.91 % |
| EPS in Rs | Rs. 25.43 | Rs. 5.03 | Rs. 19.09 | + 279.52 % | -24.93 % |
In reviewing Hindustan Petroleum Corporation Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.18 % year-on-year growth, however, there was a minor increase of 2.67 % from the previous quarter. Expenses rose by 6.7 % compared to the previous year, with a 0.38 % increase quarter-on-quarter. Operating Profit dropped by -4.83 % annually, and saw a 125.96 % increase from the last quarter.
Net Profit showed yearly decrease of -24.91 %, and experienced a 280.07 % increase from the previous quarter. Earnings Per Share (EPS) fell by -24.93 % annually, however rose by 279.52 % compared to the last quarter. In essence, while Hindustan Petroleum Corporation Ltd faces strong annual decline 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.
