Share the post "Kaiser Corporation ‘s Q1 Report: Profit Decreases by 21.43% YoY"
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 -8.83 % over the year, substantial increase in net sales/revenue by 75.74 %.
- 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 69.57 %. Marginal increase in other income during this quarter, up by 10240%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kaiser Corporation Limited. Profit dropped by -20.57 % Year to Year, Kaiser Corporation Limited’s profitability dropped by -72.55 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -50.00 % Year to Year. EPS decreased by -75 % 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. 6.612 Cr | Rs. 3.43 Cr | Rs. 6.028 Cr | + 75.74 % | -8.83 % |
| Expenses | Rs. 6.18 Cr | Rs. 2.69 Cr | Rs. 5.87 Cr | + 118.22 % | -5.02 % |
| Operating Profit | Rs. 0.43 Cr | Rs. 0.74 Cr | Rs. 0.16 Cr | -78.38 % | -62.79 % |
| OPM % | 6.5 % | 21.57 % | 2.65 % | -18.92 % | -3.85 % |
| Other Income | Rs. 0.299 Cr | Rs. -0.005 Cr | Rs. 0.507 Cr | + 10240 % | + 69.57 % |
| Interest | Rs. 0.48 Cr | Rs. 0.42 Cr | Rs. 0.4 Cr | -4.76 % | -16.67 % |
| Depreciation | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0.21 Cr | Rs. 0.28 Cr | Rs. 0.23 Cr | -17.86 % | + 9.52 % |
| Tax % | 31.22 % | 49.45 % | 50.22 % | + 0.77 % | + 19 % |
| Net Profit | Rs. 0.14 Cr | Rs. 0.41 Cr | Rs. 0.11 Cr | -73.17 % | -21.43 % |
| EPS in Rs | Rs. 0.02 | Rs. 0.04 | Rs. 0.01 | -75 % | -50 % |
Today, we’re looking at Kaiser Corporation Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -8.83 %. However, it did see a marginal increase of 75.74 % from the previous quarter. Expenses ticked up slightly by 118.22 % quarter-on-quarter, aligning with the annual decline of -5.02 %. Operating profit, while down -62.79 % compared to last year, faced a quarter-on-quarter dip of -78.38 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.85 %, but a shrinkage of -18.92 % sequentially. Other income rose by 10240 % compared to the last quarter, despite an annual growth of 69.57 %. Interest expenses dropped significantly by -4.76 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 9.52 % but saw a reduction from the preceding quarter by -17.86 %.
Tax expenses as a percentage of profits increased slightly by 19 % compared to last year, with a more notable quarter-on-quarter increase of 0.77 %. Net profit fell by -21.43 % year-on-year but witnessed a -73.17 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50 % but a quarterly fall of -75 %. In summary, Kaiser Corporation 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. 6.612 Cr | Rs. 3.43 Cr | Rs. 6.028 Cr | + 75.74 % | -8.83 % |
| Expenses | Rs. 6.18 Cr | Rs. 2.69 Cr | Rs. 5.87 Cr | + 118.22 % | -5.02 % |
| Operating Profit | Rs. 0.43 Cr | Rs. 0.74 Cr | Rs. 0.16 Cr | -78.38 % | -62.79 % |
| Net Profit | Rs. 0.14 Cr | Rs. 0.41 Cr | Rs. 0.11 Cr | -73.17 % | -21.43 % |
| EPS in Rs | Rs. 0.02 | Rs. 0.04 | Rs. 0.01 | -75 % | -50 % |
In reviewing Kaiser Corporation Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.83 % year-on-year, however, there was a minor increase of 75.74 % from the previous quarter. Expenses decreased by -5.02 % compared to the previous year, with a 118.22 % increase quarter-on-quarter. Operating Profit dropped by -62.79 % annually, and saw a -78.38 % decrease from the last quarter.
Net Profit showed yearly decrease of -21.43 %, and experienced a -73.17 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -50 % annually, however dipped by -75 % compared to the last quarter. In essence, while Kaiser Corporation Limited faces strong annual decline 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]
