Share the post "Kamanwala Housing Construction ‘s Q1 Report: Revenue Falls by 75.99% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Significant improvement in profitability for Kamanwala Housing Construction Ltd. Notable increase of 192.31 % in net profit Year to Year, Kamanwala Housing Construction Ltd’s profitability dropped by -94.58 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 166.67 % Year to Year. EPS decreased by -94.63 % 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. 2.799 Cr | Rs. 0 Cr | Rs. 0.672 Cr | 0 % | -75.99 % |
Expenses | Rs. 3.1 Cr | Rs. 2.41 Cr | Rs. 0.78 Cr | -67.63 % | -74.84 % |
Operating Profit | Rs. -0.3 Cr | Rs. -2.41 Cr | Rs. -0.11 Cr | + 95.44 % | + 63.33 % |
OPM % | -10.72 % | 0 % | -16.37 % | -16.37 % | -5.65 % |
Other Income | Rs. 0.267 Cr | Rs. 0.306 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.04 Cr | Rs. -2.11 Cr | Rs. -0.12 Cr | + 94.31 % | -200 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.04 Cr | Rs. -2.11 Cr | Rs. -0.11 Cr | + 94.79 % | -175 % |
EPS in Rs | Rs. -0.03 | Rs. -1.49 | Rs. -0.08 | + 94.63 % | -166.67 % |
Today, we’re looking at Kamanwala Housing Construction 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 -75.99 %. Expenses decreased slightly by -67.63 % quarter-on-quarter, aligning with the annual decline of -74.84 %. Operating profit, while up 63.33 % compared to last year, faced a quarter-on-quarter increase of 95.44 %, 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 -5.65 %, but a shrinkage of -16.37 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -200 % but saw an increase from the preceding quarter by 94.31 %.
Net profit fell by -175 % year-on-year but experienced a 94.79 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -166.67 % but a quarterly rise of 94.63 %. In summary, Kamanwala Housing Construction 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. 2.799 Cr | Rs. 0 Cr | Rs. 0.672 Cr | 0 % | -75.99 % |
Expenses | Rs. 3.1 Cr | Rs. 2.41 Cr | Rs. 0.78 Cr | -67.63 % | -74.84 % |
Operating Profit | Rs. -0.3 Cr | Rs. -2.41 Cr | Rs. -0.11 Cr | + 95.44 % | + 63.33 % |
Net Profit | Rs. -0.04 Cr | Rs. -2.11 Cr | Rs. -0.11 Cr | + 94.79 % | -175 % |
EPS in Rs | Rs. -0.03 | Rs. -1.49 | Rs. -0.08 | + 94.63 % | -166.67 % |
In reviewing Kamanwala Housing Construction Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -75.99 % year-on-year, Expenses decreased by -74.84 % compared to the previous year, with a decrease of -67.63 % quarter-on-quarter. Operating Profit surged by 63.33 % annually, and saw a 95.44 % increase from the last quarter.
Net Profit showed yearly decrease of -175 %, and experienced a 94.79 % increase from the previous quarter. Earnings Per Share (EPS) fell by -166.67 % annually, however rose by 94.63 % compared to the last quarter. In essence, while Kamanwala Housing Construction 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.
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