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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 experienced a substantial growth of 899.54 % in the past year, substantial increase in net sales/revenue by 80.6 %.
- 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 14.29 %. Marginal increase in other income during this quarter, up by 1.69%.
- Profit over the Year and quarter: Challenges in sustaining profitability for KMG Milk Food Limited. Profit dropped by -340 % Year to Year, KMG Milk Food Limited’s profitability dropped by -105.06 % Quarter to Quarter.
- EPS over the Year and quarter:
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.217 Cr | Rs. 1.201 Cr | Rs. 2.169 Cr | + 80.6 % | + 899.54 % |
| Expenses | Rs. 0.42 Cr | Rs. 0.99 Cr | Rs. 2.32 Cr | + 134.34 % | + 452.38 % |
| Operating Profit | Rs. -0.2 Cr | Rs. 0.21 Cr | Rs. -0.15 Cr | -171.43 % | + 25 % |
| OPM % | -92.17 % | 17.49 % | -6.92 % | -24.41 % | + 85.25 % |
| Other Income | Rs. 0.21 Cr | Rs. 0.236 Cr | Rs. 0.24 Cr | + 1.69 % | + 14.29 % |
| Interest | Rs. 0 Cr | Rs. 0.08 Cr | Rs. 0.1 Cr | + 25 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0.16 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.01 Cr | Rs. 0.21 Cr | Rs. -0.01 Cr | -104.76 % | -200 % |
| Tax % | 0 % | 13.94 % | -0 % | -13.94 % | 0 % |
| Net Profit | Rs. 0.01 Cr | Rs. 0.24 Cr | Rs. -0.01 Cr | -104.17 % | -200 % |
| EPS in Rs | Rs. 0 | Rs. 0.02 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at KMG Milk Food Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 899.54 %. However, it did see a marginal increase of 80.6 % from the previous quarter. Expenses ticked up slightly by 134.34 % quarter-on-quarter, aligning with the annual rise of 452.38 %. Operating profit, while up 25 % compared to last year, faced a quarter-on-quarter dip of -171.43 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 85.25 %, but a shrinkage of -24.41 % sequentially. Other income rose by 1.69 % compared to the last quarter, despite an annual growth of 14.29 %. Interest expenses surged remarkably by 25 % from the previous quarter, Profit before tax declined annually by -200 % but saw a reduction from the preceding quarter by -104.76 %.
with a more notable quarter-on-quarter decrease of -13.94 %. Net profit fell by -200 % year-on-year but witnessed a -104.17 % contraction from the last quarter. In summary, KMG Milk Food 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. 0.217 Cr | Rs. 1.201 Cr | Rs. 2.169 Cr | + 80.6 % | + 899.54 % |
| Expenses | Rs. 0.42 Cr | Rs. 0.99 Cr | Rs. 2.32 Cr | + 134.34 % | + 452.38 % |
| Operating Profit | Rs. -0.2 Cr | Rs. 0.21 Cr | Rs. -0.15 Cr | -171.43 % | + 25 % |
| Net Profit | Rs. 0.01 Cr | Rs. 0.24 Cr | Rs. -0.01 Cr | -104.17 % | -200 % |
| EPS in Rs | Rs. 0 | Rs. 0.02 | Rs. 0 | 0 % | 0 % |
In reviewing KMG Milk Food Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 899.54 % year-on-year growth, however, there was a minor increase of 80.6 % from the previous quarter. Expenses rose by 452.38 % compared to the previous year, with a 134.34 % increase quarter-on-quarter. Operating Profit surged by 25 % annually, and saw a -171.43 % decrease from the last quarter.
Net Profit showed yearly decrease of -200 %, and experienced a -104.17 % decrease from the previous quarter. In essence, while KMG Milk Food 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.
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