Share the post "Lime Chemicals ‘s Q1 Report: Revenue Falls by 6.49% 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 -6.49 % over the year, substantial increase in net sales/revenue by 28.61 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -57.43 %, Marginal decrease of -10.42% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Lime Chemicals Ltd.. Profit dropped by -175.24 % Year to Year, Lime Chemicals Ltd.’s profitability dropped by -246.3 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -172.73 % Year to Year. EPS decreased by -260 % 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. 3.25 Cr | Rs. 2.363 Cr | Rs. 3.039 Cr | + 28.61 % | -6.49 % |
| Expenses | Rs. 3.54 Cr | Rs. 2.47 Cr | Rs. 2.91 Cr | + 17.81 % | -17.8 % |
| Operating Profit | Rs. -0.29 Cr | Rs. -0.11 Cr | Rs. 0.13 Cr | + 218.18 % | + 144.83 % |
| OPM % | -8.92 % | -4.66 % | 4.28 % | + 8.94 % | + 13.2 % |
| Other Income | Rs. 0.101 Cr | Rs. 0.048 Cr | Rs. 0.043 Cr | -10.42 % | -57.43 % |
| Interest | Rs. 0 Cr | Rs. 0.02 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.21 Cr | Rs. -0.1 Cr | Rs. 0.15 Cr | + 250 % | + 171.43 % |
| Tax % | -0 % | -5.88 % | 0 % | + 5.88 % | 0 % |
| Net Profit | Rs. -0.21 Cr | Rs. -0.11 Cr | Rs. 0.16 Cr | + 245.45 % | + 176.19 % |
| EPS in Rs | Rs. -0.33 | Rs. -0.15 | Rs. 0.24 | + 260 % | + 172.73 % |
Today, we’re looking at Lime Chemicals Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.49 %. However, it did see a marginal increase of 28.61 % from the previous quarter. Expenses ticked up slightly by 17.81 % quarter-on-quarter, aligning with the annual decline of -17.8 %. Operating profit, while up 144.83 % compared to last year, faced a quarter-on-quarter increase of 218.18 %, 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 13.2 %, but an expansion of 8.94 % sequentially. Other income fell by -10.42 % compared to the last quarter, despite an annual decline of -57.43 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 171.43 % but saw an increase from the preceding quarter by 250 %.
with a more notable quarter-on-quarter increase of 5.88 %. Net profit rose by 176.19 % year-on-year but experienced a 245.45 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 172.73 % but a quarterly rise of 260 %. In summary, Lime Chemicals 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. 3.25 Cr | Rs. 2.363 Cr | Rs. 3.039 Cr | + 28.61 % | -6.49 % |
| Expenses | Rs. 3.54 Cr | Rs. 2.47 Cr | Rs. 2.91 Cr | + 17.81 % | -17.8 % |
| Operating Profit | Rs. -0.29 Cr | Rs. -0.11 Cr | Rs. 0.13 Cr | + 218.18 % | + 144.83 % |
| Net Profit | Rs. -0.21 Cr | Rs. -0.11 Cr | Rs. 0.16 Cr | + 245.45 % | + 176.19 % |
| EPS in Rs | Rs. -0.33 | Rs. -0.15 | Rs. 0.24 | + 260 % | + 172.73 % |
In reviewing Lime Chemicals Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.49 % year-on-year, however, there was a minor increase of 28.61 % from the previous quarter. Expenses decreased by -17.8 % compared to the previous year, with a 17.81 % increase quarter-on-quarter. Operating Profit surged by 144.83 % annually, and saw a 218.18 % increase from the last quarter.
Net Profit showed yearly increase of 176.19 %, and experienced a 245.45 % increase from the previous quarter. Earnings Per Share (EPS) rose by 172.73 % annually, however rose by 260 % compared to the last quarter. In essence, while Lime Chemicals 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.
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