Share the post "KOVILPATTI LAKSHMI ROLLER FLOUR MILLS 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 experienced a substantial growth of 26.19 % in the past year, substantial increase in net sales/revenue by 2.66 %.
- 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 13.68 %. Marginal decrease of -78.38% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD. Profit dropped by -186.16 % Year to Year, KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD’s profitability dropped by -325.42 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -152.81 % Year to Year. EPS decreased by -324.78 % 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. 79.913 Cr | Rs. 98.226 Cr | Rs. 100.843 Cr | + 2.66 % | + 26.19 % |
Expenses | Rs. 74.28 Cr | Rs. 93.94 Cr | Rs. 100.42 Cr | + 6.9 % | + 35.19 % |
Operating Profit | Rs. 5.63 Cr | Rs. 4.29 Cr | Rs. 0.42 Cr | -90.21 % | -92.54 % |
OPM % | 7.05 % | 4.37 % | 0.42 % | -3.95 % | -6.63 % |
Other Income | Rs. 0.307 Cr | Rs. 1.614 Cr | Rs. 0.349 Cr | -78.38 % | + 13.68 % |
Interest | Rs. 1.01 Cr | Rs. 3.31 Cr | Rs. 2.32 Cr | -29.91 % | + 129.7 % |
Depreciation | Rs. 1.23 Cr | Rs. 1.64 Cr | Rs. 1.72 Cr | + 4.88 % | + 39.84 % |
Profit before tax | Rs. 3.7 Cr | Rs. 0.95 Cr | Rs. -3.27 Cr | -444.21 % | -188.38 % |
Tax % | 27.93 % | 7.38 % | -29.71 % | -37.09 % | -57.64 % |
Net Profit | Rs. 2.67 Cr | Rs. 1.02 Cr | Rs. -2.3 Cr | -325.49 % | -186.14 % |
EPS in Rs | Rs. 4.81 | Rs. 1.13 | Rs. -2.54 | -324.78 % | -152.81 % |
Today, we’re looking at KOVILPATTI LAKSHMI ROLLER FLOUR MILLS 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 26.19 %. However, it did see a marginal increase of 2.66 % from the previous quarter. Expenses ticked up slightly by 6.9 % quarter-on-quarter, aligning with the annual rise of 35.19 %. Operating profit, while down -92.54 % compared to last year, faced a quarter-on-quarter dip of -90.21 %, 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 -6.63 %, but a shrinkage of -3.95 % sequentially. Other income fell by -78.38 % compared to the last quarter, despite an annual growth of 13.68 %. Interest expenses dropped significantly by -29.91 % from the previous quarter, yet the year-over-year increase remains at a moderate 129.7 %. Depreciation costs climbed by 4.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 39.84 %. Profit before tax declined annually by -188.38 % but saw a reduction from the preceding quarter by -444.21 %.
Tax expenses as a percentage of profits decreased slightly by -57.64 % compared to last year, with a more notable quarter-on-quarter decrease of -37.09 %. Net profit fell by -186.14 % year-on-year but witnessed a -325.49 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -152.81 % but a quarterly fall of -324.78 %. In summary, KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD’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. 79.913 Cr | Rs. 98.226 Cr | Rs. 100.843 Cr | + 2.66 % | + 26.19 % |
Expenses | Rs. 74.28 Cr | Rs. 93.94 Cr | Rs. 100.42 Cr | + 6.9 % | + 35.19 % |
Operating Profit | Rs. 5.63 Cr | Rs. 4.29 Cr | Rs. 0.42 Cr | -90.21 % | -92.54 % |
Net Profit | Rs. 2.67 Cr | Rs. 1.02 Cr | Rs. -2.3 Cr | -325.49 % | -186.14 % |
EPS in Rs | Rs. 4.81 | Rs. 1.13 | Rs. -2.54 | -324.78 % | -152.81 % |
In reviewing KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.19 % year-on-year growth, however, there was a minor increase of 2.66 % from the previous quarter. Expenses rose by 35.19 % compared to the previous year, with a 6.9 % increase quarter-on-quarter. Operating Profit dropped by -92.54 % annually, and saw a -90.21 % decrease from the last quarter.
Net Profit showed yearly decrease of -186.14 %, and experienced a -325.49 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -152.81 % annually, however dipped by -324.78 % compared to the last quarter. In essence, while KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD 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.
[my_shortcode1 values=”KOVILPATTI LAKSHMI ROLLER FLOUR MILLS “]