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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’s sales declined by -9.06 % over the year, substantial increase in net sales/revenue by 52.36 %.
- 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 18.97 %. Marginal decrease of -92.77% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for KANORIA ENERGY AND INFRASTRUCTURE LIMITED. Profit dropped by -34.4 % Year to Year, KANORIA ENERGY AND INFRASTRUCTURE LIMITED’s profitability increased by 4569.86 % in this quarter.
- EPS over the Year and quarter: EPS declined by -34.43 % Year to Year. EPS increased by 3900 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 128.816 Cr | Rs. 76.886 Cr | Rs. 117.141 Cr | + 52.36 % | -9.06 % |
Expenses | Rs. 118.66 Cr | Rs. 72.87 Cr | Rs. 108.86 Cr | + 49.39 % | -8.26 % |
Operating Profit | Rs. 10.16 Cr | Rs. 4.02 Cr | Rs. 8.28 Cr | + 105.97 % | -18.5 % |
OPM % | 7.89 % | 5.23 % | 7.07 % | + 1.84 % | -0.82 % |
Other Income | Rs. 0.058 Cr | Rs. 0.954 Cr | Rs. 0.069 Cr | -92.77 % | + 18.97 % |
Interest | Rs. 2.97 Cr | Rs. 3.74 Cr | Rs. 3.25 Cr | -13.1 % | + 9.43 % |
Depreciation | Rs. 0.86 Cr | Rs. 0.86 Cr | Rs. 0.96 Cr | + 11.63 % | + 11.63 % |
Profit before tax | Rs. 6.39 Cr | Rs. 0.37 Cr | Rs. 4.14 Cr | + 1018.92 % | -35.21 % |
Tax % | 18.67 % | 80.49 % | 17.64 % | -62.85 % | -1.03 % |
Net Profit | Rs. 5.2 Cr | Rs. 0.07 Cr | Rs. 3.41 Cr | + 4771.43 % | -34.42 % |
EPS in Rs | Rs. 0.61 | Rs. 0.01 | Rs. 0.4 | + 3900 % | -34.43 % |
Today, we’re looking at KANORIA ENERGY AND INFRASTRUCTURE 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 -9.06 %. However, it did see a marginal increase of 52.36 % from the previous quarter. Expenses ticked up slightly by 49.39 % quarter-on-quarter, aligning with the annual decline of -8.26 %. Operating profit, while down -18.5 % compared to last year, faced a quarter-on-quarter increase of 105.97 %, 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 -0.82 %, but an expansion of 1.84 % sequentially. Other income fell by -92.77 % compared to the last quarter, despite an annual growth of 18.97 %. Interest expenses dropped significantly by -13.1 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.43 %. Depreciation costs climbed by 11.63 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 11.63 %. Profit before tax declined annually by -35.21 % but saw an increase from the preceding quarter by 1018.92 %.
Tax expenses as a percentage of profits decreased slightly by -1.03 % compared to last year, with a more notable quarter-on-quarter decrease of -62.85 %. Net profit fell by -34.42 % year-on-year but experienced a 4771.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -34.43 % but a quarterly rise of 3900 %. In summary, KANORIA ENERGY AND INFRASTRUCTURE 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. 128.816 Cr | Rs. 76.886 Cr | Rs. 117.141 Cr | + 52.36 % | -9.06 % |
Expenses | Rs. 118.66 Cr | Rs. 72.87 Cr | Rs. 108.86 Cr | + 49.39 % | -8.26 % |
Operating Profit | Rs. 10.16 Cr | Rs. 4.02 Cr | Rs. 8.28 Cr | + 105.97 % | -18.5 % |
Net Profit | Rs. 5.2 Cr | Rs. 0.07 Cr | Rs. 3.41 Cr | + 4771.43 % | -34.42 % |
EPS in Rs | Rs. 0.61 | Rs. 0.01 | Rs. 0.4 | + 3900 % | -34.43 % |
In reviewing KANORIA ENERGY AND INFRASTRUCTURE LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.06 % year-on-year, however, there was a minor increase of 52.36 % from the previous quarter. Expenses decreased by -8.26 % compared to the previous year, with a 49.39 % increase quarter-on-quarter. Operating Profit dropped by -18.5 % annually, and saw a 105.97 % increase from the last quarter.
Net Profit showed yearly decrease of -34.42 %, and experienced a 4771.43 % increase from the previous quarter. Earnings Per Share (EPS) fell by -34.43 % annually, however rose by 3900 % compared to the last quarter. In essence, while KANORIA ENERGY AND INFRASTRUCTURE LIMITED 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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