Kilpest India ‘s Q1 Financial results: Revenue Grows by 36.07% YoY

The comprehensive analytics outlining the performance and outlook of Kilpest India Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Kilpest India Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 36.07 %. However, it did see a marginal slip of -15.5 % from the previous quarter. Expenses decreased slightly by -35.29 % quarter-on-quarter, aligning with the annual rise of 8.29 %. Operating profit, while up 69.88 % compared to last year, faced a quarter-on-quarter increase of 10.73 %, 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 11.2 %, but an expansion of 13.33 % sequentially. Other income fell by -11.99 % compared to the last quarter, despite an annual growth of 24.65 %. Interest expenses dropped significantly by -75 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs fell by -10 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 42.11 %. Profit before tax grew annually by 56.15 % but saw an increase from the preceding quarter by 4.52 %.
Tax expenses as a percentage of profits decreased slightly by -0.29 % compared to last year, with a more notable quarter-on-quarter decrease of -14.66 %. Net profit rose by 56.73 % year-on-year but experienced a 28.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 37.4 % but a quarterly rise of 28.56 %. In summary, Kilpest India Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Kilpest India Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 36.07 % year-on-year growth, although there was a slight dip of -15.5 % from the previous quarter. Expenses rose by 8.29 % compared to the previous year, with a decrease of -35.29 % quarter-on-quarter. Operating Profit surged by 69.88 % annually, and saw a 10.73 % increase from the last quarter.
Net Profit showed yearly increase of 56.73 %, and experienced a 28.56 % increase from the previous quarter. Earnings Per Share (EPS) rose by 37.4 % annually, however rose by 28.56 % compared to the last quarter. In essence, while Kilpest India Ltd. 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.