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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 0.41 % in the past year, decrease in net sales/revenue by -30.34 %.
- 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 175.63 %. Marginal decrease of -83.32% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for KNR Constructions Limited. Notable increase of 24.57 % in net profit Year to Year, KNR Constructions Limited’s profitability dropped by -51.27 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 25.82 % Year to Year. EPS decreased by -51.11 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 981.015 Cr | Rs. 1414.004 Cr | Rs. 984.997 Cr | -30.34 % | + 0.41 % |
Expenses | Rs. 765.28 Cr | Rs. 1039.48 Cr | Rs. 718.08 Cr | -30.92 % | -6.17 % |
Operating Profit | Rs. 215.74 Cr | Rs. 374.52 Cr | Rs. 266.92 Cr | -28.73 % | + 23.72 % |
OPM % | 21.99 % | 26.49 % | 27.1 % | + 0.61 % | + 5.11 % |
Other Income | Rs. 7.582 Cr | Rs. 125.253 Cr | Rs. 20.898 Cr | -83.32 % | + 175.63 % |
Interest | Rs. 20.34 Cr | Rs. 37.07 Cr | Rs. 37.13 Cr | + 0.16 % | + 82.55 % |
Depreciation | Rs. 36.4 Cr | Rs. 40.54 Cr | Rs. 30.07 Cr | -25.83 % | -17.39 % |
Profit before tax | Rs. 166.58 Cr | Rs. 422.16 Cr | Rs. 220.62 Cr | -47.74 % | + 32.44 % |
Tax % | 23.23 % | 22.42 % | 23.52 % | + 1.1 % | + 0.29 % |
Net Profit | Rs. 133.25 Cr | Rs. 340.61 Cr | Rs. 165.98 Cr | -51.27 % | + 24.56 % |
EPS in Rs | Rs. 4.88 | Rs. 12.56 | Rs. 6.14 | -51.11 % | + 25.82 % |
Today, we’re looking at KNR Constructions 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 0.41 %. However, it did see a marginal slip of -30.34 % from the previous quarter. Expenses decreased slightly by -30.92 % quarter-on-quarter, aligning with the annual decline of -6.17 %. Operating profit, while up 23.72 % compared to last year, faced a quarter-on-quarter dip of -28.73 %, 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 5.11 %, but an expansion of 0.61 % sequentially. Other income fell by -83.32 % compared to the last quarter, despite an annual growth of 175.63 %. Interest expenses surged remarkably by 0.16 % from the previous quarter, yet the year-over-year increase remains at a moderate 82.55 %. Depreciation costs fell by -25.83 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -17.39 %. Profit before tax grew annually by 32.44 % but saw a reduction from the preceding quarter by -47.74 %.
Tax expenses as a percentage of profits increased slightly by 0.29 % compared to last year, with a more notable quarter-on-quarter increase of 1.1 %. Net profit rose by 24.56 % year-on-year but witnessed a -51.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25.82 % but a quarterly fall of -51.11 %. In summary, KNR Constructions 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. 981.015 Cr | Rs. 1414.004 Cr | Rs. 984.997 Cr | -30.34 % | + 0.41 % |
Expenses | Rs. 765.28 Cr | Rs. 1039.48 Cr | Rs. 718.08 Cr | -30.92 % | -6.17 % |
Operating Profit | Rs. 215.74 Cr | Rs. 374.52 Cr | Rs. 266.92 Cr | -28.73 % | + 23.72 % |
Net Profit | Rs. 133.25 Cr | Rs. 340.61 Cr | Rs. 165.98 Cr | -51.27 % | + 24.56 % |
EPS in Rs | Rs. 4.88 | Rs. 12.56 | Rs. 6.14 | -51.11 % | + 25.82 % |
In reviewing KNR Constructions Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.41 % year-on-year growth, although there was a slight dip of -30.34 % from the previous quarter. Expenses decreased by -6.17 % compared to the previous year, with a decrease of -30.92 % quarter-on-quarter. Operating Profit surged by 23.72 % annually, and saw a -28.73 % decrease from the last quarter.
Net Profit showed yearly increase of 24.56 %, and experienced a -51.27 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 25.82 % annually, however dipped by -51.11 % compared to the last quarter. In essence, while KNR Constructions 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.
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