Share the post "Lancor Holdings : Q4 2024 Financial Quarterly Report : YoY Sales Up 64.38 %, QoQ Up 40.76 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 64.38 % in the past year, substantial increase in net sales/revenue by 40.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -148.78 %, Marginal decrease of -154.05% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Lancor Holdings Ltd.. Profit dropped by -856.57 % Year to Year, Lancor Holdings Ltd.’s profitability increased by 134.25 % in this quarter.
- EPS over the Year and quarter: EPS declined by -590.00 % Year to Year. EPS increased by 133.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 26.695 Cr | Rs. 31.175 Cr | Rs. 43.882 Cr | + 40.76 % | + 64.38 % |
Expenses | Rs. 22.24 Cr | Rs. 26 Cr | Rs. 34.85 Cr | + 34.04 % | + 56.7 % |
Operating Profit | Rs. 4.46 Cr | Rs. 5.18 Cr | Rs. 9.03 Cr | + 74.32 % | + 102.47 % |
OPM % | 16.71 % | 16.62 % | 20.58 % | + 3.96 % | + 3.87 % |
Other Income | Rs. 0.41 Cr | Rs. 0.37 Cr | Rs. -0.2 Cr | -154.05 % | -148.78 % |
Interest | Rs. 4.24 Cr | Rs. 3.11 Cr | Rs. 3.68 Cr | + 18.33 % | -13.21 % |
Depreciation | Rs. 0.62 Cr | Rs. 0.5 Cr | Rs. 0.3 Cr | -40 % | -51.61 % |
Profit before tax | Rs. 0.01 Cr | Rs. 1.94 Cr | Rs. 4.85 Cr | + 150 % | + 48400 % |
Tax % | 2423.53 % | 33.9 % | 38.19 % | + 4.29 % | -2385.34 % |
Net Profit | Rs. -0.4 Cr | Rs. 1.28 Cr | Rs. 3 Cr | + 134.38 % | + 850 % |
EPS in Rs | Rs. -0.1 | Rs. 0.21 | Rs. 0.49 | + 133.33 % | + 590 % |
Today, we’re looking at Lancor Holdings Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 64.38 %. However, it did see a marginal increase of 40.76 % from the previous quarter. Expenses ticked up slightly by 34.04 % quarter-on-quarter, aligning with the annual rise of 56.7 %. Operating profit, while up 102.47 % compared to last year, faced a quarter-on-quarter increase of 74.32 %, 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 3.87 %, but an expansion of 3.96 % sequentially. Other income fell by -154.05 % compared to the last quarter, despite an annual decline of -148.78 %. Interest expenses surged remarkably by 18.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.21 %. Depreciation costs fell by -40 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -51.61 %. Profit before tax grew annually by 48400 % but saw an increase from the preceding quarter by 150 %.
Tax expenses as a percentage of profits decreased slightly by -2385.34 % compared to last year, with a more notable quarter-on-quarter increase of 4.29 %. Net profit rose by 850 % year-on-year but experienced a 134.38 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 590 % but a quarterly rise of 133.33 %. In summary, Lancor Holdings 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. 26.695 Cr | Rs. 31.175 Cr | Rs. 43.882 Cr | + 40.76 % | + 64.38 % |
Expenses | Rs. 22.24 Cr | Rs. 26 Cr | Rs. 34.85 Cr | + 34.04 % | + 56.7 % |
Operating Profit | Rs. 4.46 Cr | Rs. 5.18 Cr | Rs. 9.03 Cr | + 74.32 % | + 102.47 % |
Net Profit | Rs. -0.4 Cr | Rs. 1.28 Cr | Rs. 3 Cr | + 134.38 % | + 850 % |
EPS in Rs | Rs. -0.1 | Rs. 0.21 | Rs. 0.49 | + 133.33 % | + 590 % |
In reviewing Lancor Holdings Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 64.38 % year-on-year growth, however, there was a minor increase of 40.76 % from the previous quarter. Expenses rose by 56.7 % compared to the previous year, with a 34.04 % increase quarter-on-quarter. Operating Profit surged by 102.47 % annually, and saw a 74.32 % increase from the last quarter.
Net Profit showed yearly increase of 850 %, and experienced a 134.38 % increase from the previous quarter. Earnings Per Share (EPS) rose by 590 % annually, however rose by 133.33 % compared to the last quarter. In essence, while Lancor Holdings 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.