Share the post "KCP 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’s sales declined by -7.14 % over the year, substantial increase in net sales/revenue by 10.56 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -15.19 %, Marginal decrease of -13.69% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for K.C.P. LTD. Notable increase of 1.99 % in net profit Year to Year, K.C.P. LTD’s profitability dropped by -39.88 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 5.96 % Year to Year. EPS decreased by -42.23 % 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. 744.139 Cr | Rs. 625.027 Cr | Rs. 691.031 Cr | + 10.56 % | -7.14 % |
| Expenses | Rs. 676.71 Cr | Rs. 510.85 Cr | Rs. 624.32 Cr | + 22.21 % | -7.74 % |
| Operating Profit | Rs. 67.43 Cr | Rs. 114.18 Cr | Rs. 66.71 Cr | -41.57 % | -1.07 % |
| OPM % | 9.06 % | 18.27 % | 9.65 % | -8.62 % | + 0.59 % |
| Other Income | Rs. 13.128 Cr | Rs. 12.9 Cr | Rs. 11.134 Cr | -13.69 % | -15.19 % |
| Interest | Rs. 12.79 Cr | Rs. 6.91 Cr | Rs. 9.56 Cr | + 38.35 % | -25.25 % |
| Depreciation | Rs. 22.19 Cr | Rs. 21.94 Cr | Rs. 20.26 Cr | -7.66 % | -8.7 % |
| Profit before tax | Rs. 45.58 Cr | Rs. 98.23 Cr | Rs. 48.02 Cr | -51.11 % | + 5.35 % |
| Tax % | 8.39 % | 15.74 % | 5.23 % | -10.51 % | -3.16 % |
| Net Profit | Rs. 49.81 Cr | Rs. 84.51 Cr | Rs. 50.81 Cr | -39.88 % | + 2.01 % |
| EPS in Rs | Rs. 2.35 | Rs. 4.31 | Rs. 2.49 | -42.23 % | + 5.96 % |
Today, we’re looking at K.C.P. LTD’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -7.14 %. However, it did see a marginal increase of 10.56 % from the previous quarter. Expenses ticked up slightly by 22.21 % quarter-on-quarter, aligning with the annual decline of -7.74 %. Operating profit, while down -1.07 % compared to last year, faced a quarter-on-quarter dip of -41.57 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.59 %, but a shrinkage of -8.62 % sequentially. Other income fell by -13.69 % compared to the last quarter, despite an annual decline of -15.19 %. Interest expenses surged remarkably by 38.35 % from the previous quarter, yet the year-over-year decrease remains at a moderate -25.25 %. Depreciation costs fell by -7.66 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.7 %. Profit before tax grew annually by 5.35 % but saw a reduction from the preceding quarter by -51.11 %.
Tax expenses as a percentage of profits decreased slightly by -3.16 % compared to last year, with a more notable quarter-on-quarter decrease of -10.51 %. Net profit rose by 2.01 % year-on-year but witnessed a -39.88 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.96 % but a quarterly fall of -42.23 %. In summary, K.C.P. 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. 744.139 Cr | Rs. 625.027 Cr | Rs. 691.031 Cr | + 10.56 % | -7.14 % |
| Expenses | Rs. 676.71 Cr | Rs. 510.85 Cr | Rs. 624.32 Cr | + 22.21 % | -7.74 % |
| Operating Profit | Rs. 67.43 Cr | Rs. 114.18 Cr | Rs. 66.71 Cr | -41.57 % | -1.07 % |
| Net Profit | Rs. 49.81 Cr | Rs. 84.51 Cr | Rs. 50.81 Cr | -39.88 % | + 2.01 % |
| EPS in Rs | Rs. 2.35 | Rs. 4.31 | Rs. 2.49 | -42.23 % | + 5.96 % |
In reviewing K.C.P. LTD’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.14 % year-on-year, however, there was a minor increase of 10.56 % from the previous quarter. Expenses decreased by -7.74 % compared to the previous year, with a 22.21 % increase quarter-on-quarter. Operating Profit dropped by -1.07 % annually, and saw a -41.57 % decrease from the last quarter.
Net Profit showed yearly increase of 2.01 %, and experienced a -39.88 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 5.96 % annually, however dipped by -42.23 % compared to the last quarter. In essence, while K.C.P. LTD exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”KCP “]
