Share the post "Krypton Industries announced Financial Results Q1 2024-25"
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 46.68 % in the past year, decrease in net sales/revenue by -17.41 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -54.55 %, Marginal decrease of -94.58% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Krypton Industries Ltd. Notable increase of 22.29 % in net profit Year to Year, Krypton Industries Ltd’s profitability increased by 54.9 % in this quarter.
- EPS over the Year and quarter: EPS increased by 22.73 % Year to Year. EPS increased by 12.5 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 7.774 Cr | Rs. 13.807 Cr | Rs. 11.403 Cr | -17.41 % | + 46.68 % |
Expenses | Rs. 6.76 Cr | Rs. 12.4 Cr | Rs. 10.08 Cr | -18.71 % | + 49.11 % |
Operating Profit | Rs. 1.01 Cr | Rs. 1.41 Cr | Rs. 1.32 Cr | -6.38 % | + 30.69 % |
OPM % | 12.99 % | 10.21 % | 11.58 % | + 1.37 % | -1.41 % |
Other Income | Rs. 0.033 Cr | Rs. 0.277 Cr | Rs. 0.015 Cr | -94.58 % | -54.55 % |
Interest | Rs. 0.35 Cr | Rs. 0.5 Cr | Rs. 0.38 Cr | -24 % | + 8.57 % |
Depreciation | Rs. 0.42 Cr | Rs. 0.38 Cr | Rs. 0.44 Cr | + 15.79 % | + 4.76 % |
Profit before tax | Rs. 0.27 Cr | Rs. 0.81 Cr | Rs. 0.52 Cr | -35.8 % | + 92.59 % |
Tax % | 14.13 % | 68.09 % | 24.76 % | -43.33 % | + 10.63 % |
Net Profit | Rs. 0.32 Cr | Rs. 0.26 Cr | Rs. 0.4 Cr | + 53.85 % | + 25 % |
EPS in Rs | Rs. 0.22 | Rs. 0.24 | Rs. 0.27 | + 12.5 % | + 22.73 % |
Today, we’re looking at Krypton Industries 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 46.68 %. However, it did see a marginal slip of -17.41 % from the previous quarter. Expenses decreased slightly by -18.71 % quarter-on-quarter, aligning with the annual rise of 49.11 %. Operating profit, while up 30.69 % compared to last year, faced a quarter-on-quarter dip of -6.38 %, 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 -1.41 %, but an expansion of 1.37 % sequentially. Other income fell by -94.58 % compared to the last quarter, despite an annual decline of -54.55 %. Interest expenses dropped significantly by -24 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.57 %. Depreciation costs climbed by 15.79 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.76 %. Profit before tax grew annually by 92.59 % but saw a reduction from the preceding quarter by -35.8 %.
Tax expenses as a percentage of profits increased slightly by 10.63 % compared to last year, with a more notable quarter-on-quarter decrease of -43.33 %. Net profit rose by 25 % year-on-year but experienced a 53.85 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.73 % but a quarterly rise of 12.5 %. In summary, Krypton Industries 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. 7.774 Cr | Rs. 13.807 Cr | Rs. 11.403 Cr | -17.41 % | + 46.68 % |
Expenses | Rs. 6.76 Cr | Rs. 12.4 Cr | Rs. 10.08 Cr | -18.71 % | + 49.11 % |
Operating Profit | Rs. 1.01 Cr | Rs. 1.41 Cr | Rs. 1.32 Cr | -6.38 % | + 30.69 % |
Net Profit | Rs. 0.32 Cr | Rs. 0.26 Cr | Rs. 0.4 Cr | + 53.85 % | + 25 % |
EPS in Rs | Rs. 0.22 | Rs. 0.24 | Rs. 0.27 | + 12.5 % | + 22.73 % |
In reviewing Krypton Industries Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 46.68 % year-on-year growth, although there was a slight dip of -17.41 % from the previous quarter. Expenses rose by 49.11 % compared to the previous year, with a decrease of -18.71 % quarter-on-quarter. Operating Profit surged by 30.69 % annually, and saw a -6.38 % decrease from the last quarter.
Net Profit showed yearly increase of 25 %, and experienced a 53.85 % increase from the previous quarter. Earnings Per Share (EPS) rose by 22.73 % annually, however rose by 12.5 % compared to the last quarter. In essence, while Krypton Industries Ltd 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.
[my_shortcode1 values=”Krypton Industries “]