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Highlights
- Sales over the Year and quarter: The company’s sales declined by -33.2 % over the year, substantial increase in net sales/revenue by 150.73 %.
- 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 4.35 %. Marginal decrease of -4% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for KMG Milk Food Limited. Notable increase of 37.79 % in net profit Year to Year, KMG Milk Food Limited’s profitability increased by 139.39 % in this quarter.
- EPS over the Year and quarter: EPS declined by -99.22 % Year to Year.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1.798 Cr | Rs. 0.479 Cr | Rs. 1.201 Cr | + 150.73 % | -33.2 % |
Expenses | Rs. 1.83 Cr | Rs. 0.62 Cr | Rs. 0.99 Cr | + 59.68 % | -45.9 % |
Operating Profit | Rs. -0.03 Cr | Rs. -0.14 Cr | Rs. 0.21 Cr | + 250 % | + 800 % |
OPM % | -1.67 % | -29.23 % | 17.49 % | + 46.72 % | + 19.16 % |
Other Income | Rs. 0.23 Cr | Rs. 0.25 Cr | Rs. 0.24 Cr | -4 % | + 4.35 % |
Interest | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0.08 Cr | 0 % | + 700 % |
Depreciation | Rs. 0.08 Cr | Rs. 0 Cr | Rs. 0.16 Cr | 0 % | + 100 % |
Profit before tax | Rs. 0.11 Cr | Rs. 0.11 Cr | Rs. 0.21 Cr | + 90.91 % | + 90.91 % |
Tax % | 56.36 % | 0 % | 13.94 % | + 13.94 % | -42.42 % |
Net Profit | Rs. 0.17 Cr | Rs. 0.1 Cr | Rs. 0.24 Cr | + 140 % | + 41.18 % |
EPS in Rs | Rs. 2.55 | Rs. 0 | Rs. 0.02 | 0 % | -99.22 % |
Today, we’re looking at KMG Milk Food Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -33.2 %. However, it did see a marginal increase of 150.73 % from the previous quarter. Expenses ticked up slightly by 59.68 % quarter-on-quarter, aligning with the annual decline of -45.9 %. Operating profit, while up 800 % compared to last year, faced a quarter-on-quarter increase of 250 %, 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 19.16 %, but an expansion of 46.72 % sequentially. Other income fell by -4 % compared to the last quarter, despite an annual growth of 4.35 %. yet the year-over-year increase remains at a moderate 700 %. whereas on an annual scale, they saw an increase of 100 %. Profit before tax grew annually by 90.91 % but saw an increase from the preceding quarter by 90.91 %.
Tax expenses as a percentage of profits decreased slightly by -42.42 % compared to last year, with a more notable quarter-on-quarter increase of 13.94 %. Net profit rose by 41.18 % year-on-year but experienced a 140 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -99.22 % 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. 1.798 Cr | Rs. 0.479 Cr | Rs. 1.201 Cr | + 150.73 % | -33.2 % |
Expenses | Rs. 1.83 Cr | Rs. 0.62 Cr | Rs. 0.99 Cr | + 59.68 % | -45.9 % |
Operating Profit | Rs. -0.03 Cr | Rs. -0.14 Cr | Rs. 0.21 Cr | + 250 % | + 800 % |
Net Profit | Rs. 0.17 Cr | Rs. 0.1 Cr | Rs. 0.24 Cr | + 140 % | + 41.18 % |
EPS in Rs | Rs. 2.55 | Rs. 0 | Rs. 0.02 | 0 % | -99.22 % |
In reviewing KMG Milk Food Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -33.2 % year-on-year, however, there was a minor increase of 150.73 % from the previous quarter. Expenses decreased by -45.9 % compared to the previous year, with a 59.68 % increase quarter-on-quarter. Operating Profit surged by 800 % annually, and saw a 250 % increase from the last quarter.
Net Profit showed yearly increase of 41.18 %, and experienced a 140 % increase from the previous quarter. Earnings Per Share (EPS) fell by -99.22 % annually, In essence, while KMG Milk Food Limited 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.