Share the post "Laurus Labs Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 4.26% in the past year Substantial increase in net sales/revenue by 20.48%.
- 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 7111.54%Marginal increase in other income during this quarter, up by 2938.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Laurus Labs Limited. Profit dropped by -28.74% Year to YearLaurus Labs Limited’s profitability increased by 221.42% in this quarter.
- EPS over the Year and quarter: EPS declined by -26.32% Year to Year.EPS increased by 225.58%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1380.9 Cr | Rs. 1194.92 Cr | Rs. 1439.67 Cr | + 20.48% | + 4.26% |
Expenses | Rs. 1095.36 Cr | Rs. 1013.5 Cr | Rs. 1198.18 Cr | + 18.22% | + 9.39% |
Operating Profit | Rs. 285.54 Cr | Rs. 181.42 Cr | Rs. 241.49 Cr | + 33.11% | -15.43% |
OPM % | 20.68 % | 15.18 % | 16.77 % | + 1.59% | -3.91% |
Other Income | Rs. -0.26 Cr | Rs. 0.6 Cr | Rs. 18.23 Cr | + 2938.33% | + 7111.54% |
Interest | Rs. 53.1 Cr | Rs. 50.82 Cr | Rs. 50.5 Cr | -0.63% | -4.9% |
Depreciation | Rs. 87.01 Cr | Rs. 98.41 Cr | Rs. 102.25 Cr | + 3.9% | + 17.52% |
Profit before tax | Rs. 145.17 Cr | Rs. 32.79 Cr | Rs. 106.97 Cr | + 226.23% | -26.31% |
Tax % | 27.12 % | 27.3 % | 29.78 % | + 2.48% | + 2.66% |
Net Profit | Rs. 105.27 Cr | Rs. 23.34 Cr | Rs. 75.02 Cr | + 221.42% | -28.74% |
EPS in Rs | Rs. 1.9 | Rs. 0.43 | Rs. 1.4 | + 225.58% | -26.32% |
Today, we’re looking at Laurus Labs 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 4.26%. However, it did see a marginal increase of 20.48% from the previous quarter.Expenses ticked up slightly by 18.22% quarter-on-quarter, aligning with the annual rise of 9.39%. Operating profit, while down -15.43% compared to last year,faced a quarter-on-quarter increase of 33.11%, 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 -3.91%, but an expansion of 1.59% sequentially. Other income rose by 2938.33% compared to the last quarter,despite an annual growth of 7111.54%. Interest expenses dropped significantly by -0.63% from the previous quarter, yet the year-over-year decrease remains at a moderate -4.9%. Depreciation costs climbed by 3.9% quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.52%. Profit before tax declined annually by -26.31%but saw an increase from the preceding quarter by 226.23%.
Tax expenses as a percentage of profits increased slightly by 2.66% compared to last year, with a more notable quarter-on-quarter increase of 2.48%. Net profit fell by -28.74% year-on-yearbut experienced a 221.42% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -26.32% but a quarterly rise of 225.58%. In summary, Laurus Labs 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. 1380.9 Cr | Rs. 1194.92 Cr | Rs. 1439.67 Cr | + 20.48% | + 4.26% |
Expenses | Rs. 1095.36 Cr | Rs. 1013.5 Cr | Rs. 1198.18 Cr | + 18.22% | + 9.39% |
Operating Profit | Rs. 285.54 Cr | Rs. 181.42 Cr | Rs. 241.49 Cr | + 33.11% | -15.43% |
Net Profit | Rs. 105.27 Cr | Rs. 23.34 Cr | Rs. 75.02 Cr | + 221.42% | -28.74% |
EPS in Rs | Rs. 1.9 | Rs. 0.43 | Rs. 1.4 | + 225.58% | -26.32% |
In reviewing Laurus Labs Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 20.48% from the previous quarter. Expenses rose by 9.39% compared to the previous year, with a 18.22% increase quarter-on-quarter. Operating Profit dropped by -15.43% annually, and saw a 33.11% increase from the last quarter.
Net Profit showed yearly decrease of -28.74%, and experienced a 221.42% increase from the previous quarter. Earnings Per Share (EPS) fell by -26.32% annually, however rose by 225.58% compared to the last quarter. In essence, while Laurus Labs Limited 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.