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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 38.61 % in the past year, substantial increase in net sales/revenue by 2.24 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -4.6 %, Marginal increase in other income during this quarter, up by 44.29%.
- Profit over the Year and quarter: Significant improvement in profitability for Likhitha Infrastructure Limited. Notable increase of 7.16 % in net profit Year to Year, Likhitha Infrastructure Limited’s profitability dropped by -3.46 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 7.98 % Year to Year. EPS decreased by -5.66 % 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. 90.201 Cr | Rs. 122.288 Cr | Rs. 125.028 Cr | + 2.24 % | + 38.61 % |
| Expenses | Rs. 69.27 Cr | Rs. 94.86 Cr | Rs. 100.8 Cr | + 6.26 % | + 45.52 % |
| Operating Profit | Rs. 20.93 Cr | Rs. 27.43 Cr | Rs. 24.23 Cr | -11.67 % | + 15.77 % |
| OPM % | 23.2 % | 22.43 % | 19.38 % | -3.05 % | -3.82 % |
| Other Income | Rs. 1.325 Cr | Rs. 0.876 Cr | Rs. 1.264 Cr | + 44.29 % | -4.6 % |
| Interest | Rs. 0.66 Cr | Rs. 0.23 Cr | Rs. 0.45 Cr | + 95.65 % | -31.82 % |
| Depreciation | Rs. 1.44 Cr | Rs. 2.52 Cr | Rs. 2 Cr | -20.63 % | + 38.89 % |
| Profit before tax | Rs. 20.16 Cr | Rs. 25.56 Cr | Rs. 23.04 Cr | -9.86 % | + 14.29 % |
| Tax % | 20.99 % | 30.81 % | 25.92 % | -4.89 % | + 4.93 % |
| Net Profit | Rs. 15.93 Cr | Rs. 17.68 Cr | Rs. 17.07 Cr | -3.45 % | + 7.16 % |
| EPS in Rs | Rs. 4.01 | Rs. 4.59 | Rs. 4.33 | -5.66 % | + 7.98 % |
Today, we’re looking at Likhitha Infrastructure Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 38.61 %. However, it did see a marginal increase of 2.24 % from the previous quarter. Expenses ticked up slightly by 6.26 % quarter-on-quarter, aligning with the annual rise of 45.52 %. Operating profit, while up 15.77 % compared to last year, faced a quarter-on-quarter dip of -11.67 %, 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 -3.82 %, but a shrinkage of -3.05 % sequentially. Other income rose by 44.29 % compared to the last quarter, despite an annual decline of -4.6 %. Interest expenses surged remarkably by 95.65 % from the previous quarter, yet the year-over-year decrease remains at a moderate -31.82 %. Depreciation costs fell by -20.63 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 38.89 %. Profit before tax grew annually by 14.29 % but saw a reduction from the preceding quarter by -9.86 %.
Tax expenses as a percentage of profits increased slightly by 4.93 % compared to last year, with a more notable quarter-on-quarter decrease of -4.89 %. Net profit rose by 7.16 % year-on-year but witnessed a -3.45 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 7.98 % but a quarterly fall of -5.66 %. In summary, Likhitha Infrastructure 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. 90.201 Cr | Rs. 122.288 Cr | Rs. 125.028 Cr | + 2.24 % | + 38.61 % |
| Expenses | Rs. 69.27 Cr | Rs. 94.86 Cr | Rs. 100.8 Cr | + 6.26 % | + 45.52 % |
| Operating Profit | Rs. 20.93 Cr | Rs. 27.43 Cr | Rs. 24.23 Cr | -11.67 % | + 15.77 % |
| Net Profit | Rs. 15.93 Cr | Rs. 17.68 Cr | Rs. 17.07 Cr | -3.45 % | + 7.16 % |
| EPS in Rs | Rs. 4.01 | Rs. 4.59 | Rs. 4.33 | -5.66 % | + 7.98 % |
In reviewing Likhitha Infrastructure Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 38.61 % year-on-year growth, however, there was a minor increase of 2.24 % from the previous quarter. Expenses rose by 45.52 % compared to the previous year, with a 6.26 % increase quarter-on-quarter. Operating Profit surged by 15.77 % annually, and saw a -11.67 % decrease from the last quarter.
Net Profit showed yearly increase of 7.16 %, and experienced a -3.45 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 7.98 % annually, however dipped by -5.66 % compared to the last quarter. In essence, while Likhitha Infrastructure 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.
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