Share the post "LE LAVOIR ‘s Q1 Update: Profit Grows by 42.11% 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’s sales declined by -20.44 % over the year, decrease in net sales/revenue by -47.69 %.
- 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 97.56 %. Marginal increase in other income during this quarter, up by 10.45%.
- Profit over the Year and quarter: Significant improvement in profitability for LE LAVOIR LIMITED. Notable increase of 41.49 % in net profit Year to Year, LE LAVOIR LIMITED’s profitability dropped by -28.69 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 41.38 % Year to Year. EPS decreased by -28.7 % 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. 0.455 Cr | Rs. 0.692 Cr | Rs. 0.362 Cr | -47.69 % | -20.44 % |
| Expenses | Rs. 0.26 Cr | Rs. 0.17 Cr | Rs. 0.18 Cr | + 5.88 % | -30.77 % |
| Operating Profit | Rs. 0.2 Cr | Rs. 0.52 Cr | Rs. 0.18 Cr | -65.38 % | -10 % |
| OPM % | 43.96 % | 75.14 % | 49.72 % | -25.42 % | + 5.76 % |
| Other Income | Rs. 0.123 Cr | Rs. 0.22 Cr | Rs. 0.243 Cr | + 10.45 % | + 97.56 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.06 Cr | Rs. 0.2 Cr | Rs. 0.09 Cr | -55 % | + 50 % |
| Profit before tax | Rs. 0.26 Cr | Rs. 0.54 Cr | Rs. 0.33 Cr | -38.89 % | + 26.92 % |
| Tax % | 26.27 % | 31.93 % | 21.36 % | -10.57 % | -4.91 % |
| Net Profit | Rs. 0.19 Cr | Rs. 0.37 Cr | Rs. 0.27 Cr | -27.03 % | + 42.11 % |
| EPS in Rs | Rs. 0.58 | Rs. 1.15 | Rs. 0.82 | -28.7 % | + 41.38 % |
Today, we’re looking at LE LAVOIR LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -20.44 %. However, it did see a marginal slip of -47.69 % from the previous quarter. Expenses ticked up slightly by 5.88 % quarter-on-quarter, aligning with the annual decline of -30.77 %. Operating profit, while down -10 % compared to last year, faced a quarter-on-quarter dip of -65.38 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.76 %, but a shrinkage of -25.42 % sequentially. Other income rose by 10.45 % compared to the last quarter, despite an annual growth of 97.56 %. Depreciation costs fell by -55 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50 %. Profit before tax grew annually by 26.92 % but saw a reduction from the preceding quarter by -38.89 %.
Tax expenses as a percentage of profits decreased slightly by -4.91 % compared to last year, with a more notable quarter-on-quarter decrease of -10.57 %. Net profit rose by 42.11 % year-on-year but witnessed a -27.03 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 41.38 % but a quarterly fall of -28.7 %. In summary, LE LAVOIR 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. 0.455 Cr | Rs. 0.692 Cr | Rs. 0.362 Cr | -47.69 % | -20.44 % |
| Expenses | Rs. 0.26 Cr | Rs. 0.17 Cr | Rs. 0.18 Cr | + 5.88 % | -30.77 % |
| Operating Profit | Rs. 0.2 Cr | Rs. 0.52 Cr | Rs. 0.18 Cr | -65.38 % | -10 % |
| Net Profit | Rs. 0.19 Cr | Rs. 0.37 Cr | Rs. 0.27 Cr | -27.03 % | + 42.11 % |
| EPS in Rs | Rs. 0.58 | Rs. 1.15 | Rs. 0.82 | -28.7 % | + 41.38 % |
In reviewing LE LAVOIR LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -20.44 % year-on-year, although there was a slight dip of -47.69 % from the previous quarter. Expenses decreased by -30.77 % compared to the previous year, with a 5.88 % increase quarter-on-quarter. Operating Profit dropped by -10 % annually, and saw a -65.38 % decrease from the last quarter.
Net Profit showed yearly increase of 42.11 %, and experienced a -27.03 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 41.38 % annually, however dipped by -28.7 % compared to the last quarter. In essence, while LE LAVOIR LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”LE LAVOIR “]
