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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 27.08 % in the past year, substantial increase in net sales/revenue by 499.17 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -35.46 %, Marginal decrease of -84.31% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for James Warren Tea Limited. Profit dropped by -726.21 % Year to Year, James Warren Tea Limited’s profitability dropped by -219.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -844.89 % Year to Year. EPS decreased by -219.07 % 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. 24.31 Cr | Rs. 5.156 Cr | Rs. 30.893 Cr | + 499.17 % | + 27.08 % |
Expenses | Rs. 28.03 Cr | Rs. 26.81 Cr | Rs. 21.53 Cr | -19.69 % | -23.19 % |
Operating Profit | Rs. -3.72 Cr | Rs. -21.65 Cr | Rs. 9.36 Cr | + 143.23 % | + 351.61 % |
OPM % | -15.3 % | -419.9 % | 30.3 % | + 450.2 % | + 45.6 % |
Other Income | Rs. 3.063 Cr | Rs. 12.603 Cr | Rs. 1.977 Cr | -84.31 % | -35.46 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.68 Cr | Rs. 0.66 Cr | Rs. 0.64 Cr | -3.03 % | -5.88 % |
Profit before tax | Rs. -1.34 Cr | Rs. -9.71 Cr | Rs. 10.7 Cr | + 210.2 % | + 898.51 % |
Tax % | -15.25 % | -16.07 % | 9.4 % | + 25.47 % | + 24.65 % |
Net Profit | Rs. -1.55 Cr | Rs. -8.15 Cr | Rs. 9.7 Cr | + 219.02 % | + 725.81 % |
EPS in Rs | Rs. -3.52 | Rs. -22.02 | Rs. 26.22 | + 219.07 % | + 844.89 % |
Today, we’re looking at James Warren Tea 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 27.08 %. However, it did see a marginal increase of 499.17 % from the previous quarter. Expenses decreased slightly by -19.69 % quarter-on-quarter, aligning with the annual decline of -23.19 %. Operating profit, while up 351.61 % compared to last year, faced a quarter-on-quarter increase of 143.23 %, 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 45.6 %, but an expansion of 450.2 % sequentially. Other income fell by -84.31 % compared to the last quarter, despite an annual decline of -35.46 %. Depreciation costs fell by -3.03 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.88 %. Profit before tax grew annually by 898.51 % but saw an increase from the preceding quarter by 210.2 %.
Tax expenses as a percentage of profits increased slightly by 24.65 % compared to last year, with a more notable quarter-on-quarter increase of 25.47 %. Net profit rose by 725.81 % year-on-year but experienced a 219.02 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 844.89 % but a quarterly rise of 219.07 %. In summary, James Warren Tea 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. 24.31 Cr | Rs. 5.156 Cr | Rs. 30.893 Cr | + 499.17 % | + 27.08 % |
Expenses | Rs. 28.03 Cr | Rs. 26.81 Cr | Rs. 21.53 Cr | -19.69 % | -23.19 % |
Operating Profit | Rs. -3.72 Cr | Rs. -21.65 Cr | Rs. 9.36 Cr | + 143.23 % | + 351.61 % |
Net Profit | Rs. -1.55 Cr | Rs. -8.15 Cr | Rs. 9.7 Cr | + 219.02 % | + 725.81 % |
EPS in Rs | Rs. -3.52 | Rs. -22.02 | Rs. 26.22 | + 219.07 % | + 844.89 % |
In reviewing James Warren Tea Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.08 % year-on-year growth, however, there was a minor increase of 499.17 % from the previous quarter. Expenses decreased by -23.19 % compared to the previous year, with a decrease of -19.69 % quarter-on-quarter. Operating Profit surged by 351.61 % annually, and saw a 143.23 % increase from the last quarter.
Net Profit showed yearly increase of 725.81 %, and experienced a 219.02 % increase from the previous quarter. Earnings Per Share (EPS) rose by 844.89 % annually, however rose by 219.07 % compared to the last quarter. In essence, while James Warren Tea 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.
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