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Share the post "KOVILPATTI LAKSHMI ROLLER FLOUR MILLS ‘s Q2 Report: Profit Decreases by 116.44% YoY"
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 20.7 % in the past year, substantial increase in net sales/revenue by 8.13 %.
- 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 34.37 %. Marginal increase in other income during this quarter, up by 49%.
- Profit over the Year and quarter: Challenges in sustaining profitability for KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD. Profit dropped by -116.5 % Year to Year, KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD’s profitability dropped by -73.36 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -110.16 % Year to Year. EPS decreased by -73.23 % 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. 90.346 Cr | Rs. 100.843 Cr | Rs. 109.045 Cr | + 8.13 % | + 20.7 % |
| Expenses | Rs. 82.76 Cr | Rs. 100.42 Cr | Rs. 106.69 Cr | + 6.24 % | + 28.91 % |
| Operating Profit | Rs. 7.59 Cr | Rs. 0.42 Cr | Rs. 2.36 Cr | + 461.9 % | -68.91 % |
| OPM % | 8.4 % | 0.42 % | 2.16 % | + 1.74 % | -6.24 % |
| Other Income | Rs. 0.387 Cr | Rs. 0.349 Cr | Rs. 0.52 Cr | + 49 % | + 34.37 % |
| Interest | Rs. 1.47 Cr | Rs. 2.32 Cr | Rs. 2.28 Cr | -1.72 % | + 55.1 % |
| Depreciation | Rs. 1.3 Cr | Rs. 1.72 Cr | Rs. 1.67 Cr | -2.91 % | + 28.46 % |
| Profit before tax | Rs. 5.21 Cr | Rs. -3.27 Cr | Rs. -1.07 Cr | + 67.28 % | -120.54 % |
| Tax % | 28.74 % | -29.71 % | -43.18 % | -13.47 % | -71.92 % |
| Net Profit | Rs. 3.71 Cr | Rs. -2.3 Cr | Rs. -0.61 Cr | + 73.48 % | -116.44 % |
| EPS in Rs | Rs. 6.69 | Rs. -2.54 | Rs. -0.68 | + 73.23 % | -110.16 % |
Today, we’re looking at KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 20.7 %. However, it did see a marginal increase of 8.13 % from the previous quarter. Expenses ticked up slightly by 6.24 % quarter-on-quarter, aligning with the annual rise of 28.91 %. Operating profit, while down -68.91 % compared to last year, faced a quarter-on-quarter increase of 461.9 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.24 %, but an expansion of 1.74 % sequentially. Other income rose by 49 % compared to the last quarter, despite an annual growth of 34.37 %. Interest expenses dropped significantly by -1.72 % from the previous quarter, yet the year-over-year increase remains at a moderate 55.1 %. Depreciation costs fell by -2.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.46 %. Profit before tax declined annually by -120.54 % but saw an increase from the preceding quarter by 67.28 %.
Tax expenses as a percentage of profits decreased slightly by -71.92 % compared to last year, with a more notable quarter-on-quarter decrease of -13.47 %. Net profit fell by -116.44 % year-on-year but experienced a 73.48 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -110.16 % but a quarterly rise of 73.23 %. 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. 90.346 Cr | Rs. 100.843 Cr | Rs. 109.045 Cr | + 8.13 % | + 20.7 % |
| Expenses | Rs. 82.76 Cr | Rs. 100.42 Cr | Rs. 106.69 Cr | + 6.24 % | + 28.91 % |
| Operating Profit | Rs. 7.59 Cr | Rs. 0.42 Cr | Rs. 2.36 Cr | + 461.9 % | -68.91 % |
| Net Profit | Rs. 3.71 Cr | Rs. -2.3 Cr | Rs. -0.61 Cr | + 73.48 % | -116.44 % |
| EPS in Rs | Rs. 6.69 | Rs. -2.54 | Rs. -0.68 | + 73.23 % | -110.16 % |
In reviewing KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.7 % year-on-year growth, however, there was a minor increase of 8.13 % from the previous quarter. Expenses rose by 28.91 % compared to the previous year, with a 6.24 % increase quarter-on-quarter. Operating Profit dropped by -68.91 % annually, and saw a 461.9 % increase from the last quarter.
Net Profit showed yearly decrease of -116.44 %, and experienced a 73.48 % increase from the previous quarter. Earnings Per Share (EPS) fell by -110.16 % annually, however rose by 73.23 % compared to the last quarter. In essence, while KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD faces strong annual decline 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.
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