Share the post "KIOCL announced Financial Results Q1 2024-25"
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 -70.61 % over the year, decrease in net sales/revenue by -60.4 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -18.3 %, Marginal decrease of -28.82% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for KIOCL Limited. Profit dropped by -12.61 % Year to Year, KIOCL Limited’s profitability increased by 18.2 % in this quarter.
- EPS over the Year and quarter: EPS declined by -12.63 % Year to Year. EPS increased by 16.9 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 501.44 Cr | Rs. 372.1 Cr | Rs. 147.37 Cr | -60.4 % | -70.61 % |
Expenses | Rs. 565.15 Cr | Rs. 397.6 Cr | Rs. 196.24 Cr | -50.64 % | -65.28 % |
Operating Profit | Rs. -63.71 Cr | Rs. -25.5 Cr | Rs. -48.87 Cr | -91.65 % | + 23.29 % |
OPM % | -12.71 % | -6.85 % | -33.16 % | -26.31 % | -20.45 % |
Other Income | Rs. 13.06 Cr | Rs. 14.99 Cr | Rs. 10.67 Cr | -28.82 % | -18.3 % |
Interest | Rs. 4.56 Cr | Rs. 3.37 Cr | Rs. 2.35 Cr | -30.27 % | -48.46 % |
Depreciation | Rs. 6.47 Cr | Rs. 7.18 Cr | Rs. 8.08 Cr | + 12.53 % | + 24.88 % |
Profit before tax | Rs. -61.68 Cr | Rs. -21.06 Cr | Rs. -48.63 Cr | -130.91 % | + 21.16 % |
Tax % | -5.9 % | -103.75 % | -4.3 % | + 99.45 % | + 1.6 % |
Net Profit | Rs. -58.04 Cr | Rs. -42.91 Cr | Rs. -50.72 Cr | -18.2 % | + 12.61 % |
EPS in Rs | Rs. -0.95 | Rs. -0.71 | Rs. -0.83 | -16.9 % | + 12.63 % |
Today, we’re looking at KIOCL 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 -70.61 %. However, it did see a marginal slip of -60.4 % from the previous quarter. Expenses decreased slightly by -50.64 % quarter-on-quarter, aligning with the annual decline of -65.28 %. Operating profit, while up 23.29 % compared to last year, faced a quarter-on-quarter dip of -91.65 %, 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 -20.45 %, but a shrinkage of -26.31 % sequentially. Other income fell by -28.82 % compared to the last quarter, despite an annual decline of -18.3 %. Interest expenses dropped significantly by -30.27 % from the previous quarter, yet the year-over-year decrease remains at a moderate -48.46 %. Depreciation costs climbed by 12.53 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.88 %. Profit before tax grew annually by 21.16 % but saw a reduction from the preceding quarter by -130.91 %.
Tax expenses as a percentage of profits increased slightly by 1.6 % compared to last year, with a more notable quarter-on-quarter increase of 99.45 %. Net profit rose by 12.61 % year-on-year but witnessed a -18.2 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 12.63 % but a quarterly fall of -16.9 %. In summary, KIOCL 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. 501.44 Cr | Rs. 372.1 Cr | Rs. 147.37 Cr | -60.4 % | -70.61 % |
Expenses | Rs. 565.15 Cr | Rs. 397.6 Cr | Rs. 196.24 Cr | -50.64 % | -65.28 % |
Operating Profit | Rs. -63.71 Cr | Rs. -25.5 Cr | Rs. -48.87 Cr | -91.65 % | + 23.29 % |
Net Profit | Rs. -58.04 Cr | Rs. -42.91 Cr | Rs. -50.72 Cr | -18.2 % | + 12.61 % |
EPS in Rs | Rs. -0.95 | Rs. -0.71 | Rs. -0.83 | -16.9 % | + 12.63 % |
In reviewing KIOCL Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -70.61 % year-on-year, although there was a slight dip of -60.4 % from the previous quarter. Expenses decreased by -65.28 % compared to the previous year, with a decrease of -50.64 % quarter-on-quarter. Operating Profit surged by 23.29 % annually, and saw a -91.65 % decrease from the last quarter.
Net Profit showed yearly increase of 12.61 %, and experienced a -18.2 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 12.63 % annually, however dipped by -16.9 % compared to the last quarter. In essence, while KIOCL Limited 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=”KIOCL “]