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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 480.12 % in the past year, decrease in net sales/revenue by -24.88 %.
- 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 25.68 %. Marginal decrease of -8.82% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for La Tim Metal & Industries Limited. Profit dropped by -467.82 % Year to Year, La Tim Metal & Industries Limited’s profitability increased by 74.96 % in this quarter.
- EPS over the Year and quarter: EPS declined by -320.00 % Year to Year. EPS increased by 4.76 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 12.265 Cr | Rs. 94.718 Cr | Rs. 71.152 Cr | -24.88 % | + 480.12 % |
Expenses | Rs. 12.74 Cr | Rs. 91.62 Cr | Rs. 66.52 Cr | -27.4 % | + 422.14 % |
Operating Profit | Rs. -0.48 Cr | Rs. 3.1 Cr | Rs. 4.63 Cr | + 49.35 % | + 1064.58 % |
OPM % | -3.91 % | 3.27 % | 6.51 % | + 3.24 % | + 10.42 % |
Other Income | Rs. 0.74 Cr | Rs. 1.02 Cr | Rs. 0.93 Cr | -8.82 % | + 25.68 % |
Interest | Rs. 1.11 Cr | Rs. 1.58 Cr | Rs. 1.62 Cr | + 2.53 % | + 45.95 % |
Depreciation | Rs. 0.07 Cr | Rs. 0.67 Cr | Rs. 0.69 Cr | + 2.99 % | + 885.71 % |
Profit before tax | Rs. -0.92 Cr | Rs. 1.87 Cr | Rs. 3.25 Cr | + 73.8 % | + 453.26 % |
Tax % | -5.23 % | 2.14 % | 1.78 % | -0.36 % | + 7.01 % |
Net Profit | Rs. -0.87 Cr | Rs. 1.83 Cr | Rs. 3.2 Cr | + 74.86 % | + 467.82 % |
EPS in Rs | Rs. -0.1 | Rs. 0.21 | Rs. 0.22 | + 4.76 % | + 320 % |
Today, we’re looking at La Tim Metal & Industries Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 480.12 %. However, it did see a marginal slip of -24.88 % from the previous quarter. Expenses decreased slightly by -27.4 % quarter-on-quarter, aligning with the annual rise of 422.14 %. Operating profit, while up 1064.58 % compared to last year, faced a quarter-on-quarter increase of 49.35 %, 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 10.42 %, but an expansion of 3.24 % sequentially. Other income fell by -8.82 % compared to the last quarter, despite an annual growth of 25.68 %. Interest expenses surged remarkably by 2.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 45.95 %. Depreciation costs climbed by 2.99 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 885.71 %. Profit before tax grew annually by 453.26 % but saw an increase from the preceding quarter by 73.8 %.
Tax expenses as a percentage of profits increased slightly by 7.01 % compared to last year, with a more notable quarter-on-quarter decrease of -0.36 %. Net profit rose by 467.82 % year-on-year but experienced a 74.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 320 % but a quarterly rise of 4.76 %. In summary, La Tim Metal & Industries 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. 12.265 Cr | Rs. 94.718 Cr | Rs. 71.152 Cr | -24.88 % | + 480.12 % |
Expenses | Rs. 12.74 Cr | Rs. 91.62 Cr | Rs. 66.52 Cr | -27.4 % | + 422.14 % |
Operating Profit | Rs. -0.48 Cr | Rs. 3.1 Cr | Rs. 4.63 Cr | + 49.35 % | + 1064.58 % |
Net Profit | Rs. -0.87 Cr | Rs. 1.83 Cr | Rs. 3.2 Cr | + 74.86 % | + 467.82 % |
EPS in Rs | Rs. -0.1 | Rs. 0.21 | Rs. 0.22 | + 4.76 % | + 320 % |
In reviewing La Tim Metal & Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 480.12 % year-on-year growth, although there was a slight dip of -24.88 % from the previous quarter. Expenses rose by 422.14 % compared to the previous year, with a decrease of -27.4 % quarter-on-quarter. Operating Profit surged by 1064.58 % annually, and saw a 49.35 % increase from the last quarter.
Net Profit showed yearly increase of 467.82 %, and experienced a 74.86 % increase from the previous quarter. Earnings Per Share (EPS) rose by 320 % annually, however rose by 4.76 % compared to the last quarter. In essence, while La Tim Metal & Industries 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.