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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 22.98 % in the past year, substantial increase in net sales/revenue by 55.52 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -50.97 %, Marginal decrease of -27.79% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Lloyds Metals And Energy Limited. Notable increase of 38.22 % in net profit Year to Year, Lloyds Metals And Energy Limited’s profitability increased by 101.29 % in this quarter.
- EPS over the Year and quarter: EPS increased by 38.42 % Year to Year. EPS increased by 101.46 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1965.52 Cr | Rs. 1554.29 Cr | Rs. 2417.24 Cr | + 55.52 % | + 22.98 % |
| Expenses | Rs. 1429.65 Cr | Rs. 1095.88 Cr | Rs. 1698.57 Cr | + 55 % | + 18.81 % |
| Operating Profit | Rs. 535.87 Cr | Rs. 458.41 Cr | Rs. 718.67 Cr | + 56.77 % | + 34.11 % |
| OPM % | 27.26 % | 29.49 % | 29.73 % | + 0.24 % | + 2.47 % |
| Other Income | Rs. 11.87 Cr | Rs. 8.06 Cr | Rs. 5.82 Cr | -27.79 % | -50.97 % |
| Interest | Rs. 0.51 Cr | Rs. 2.32 Cr | Rs. 1.89 Cr | -18.53 % | + 270.59 % |
| Depreciation | Rs. 7.57 Cr | Rs. 16.52 Cr | Rs. 18.73 Cr | + 13.38 % | + 147.42 % |
| Profit before tax | Rs. 539.66 Cr | Rs. 447.63 Cr | Rs. 703.87 Cr | + 57.24 % | + 30.43 % |
| Tax % | 25.28 % | 38.14 % | 20.81 % | -17.33 % | -4.47 % |
| Net Profit | Rs. 403.26 Cr | Rs. 276.91 Cr | Rs. 557.4 Cr | + 101.29 % | + 38.22 % |
| EPS in Rs | Rs. 7.93 | Rs. 5.45 | Rs. 10.96 | + 101.1 % | + 38.21 % |
Today, we’re looking at Lloyds Metals And Energy 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 22.98 %. However, it did see a marginal increase of 55.52 % from the previous quarter. Expenses ticked up slightly by 55 % quarter-on-quarter, aligning with the annual rise of 18.81 %. Operating profit, while up 34.11 % compared to last year, faced a quarter-on-quarter increase of 56.77 %, 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 2.47 %, but an expansion of 0.24 % sequentially. Other income fell by -27.79 % compared to the last quarter, despite an annual decline of -50.97 %. Interest expenses dropped significantly by -18.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 270.59 %. Depreciation costs climbed by 13.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 147.42 %. Profit before tax grew annually by 30.43 % but saw an increase from the preceding quarter by 57.24 %.
Tax expenses as a percentage of profits decreased slightly by -4.47 % compared to last year, with a more notable quarter-on-quarter decrease of -17.33 %. Net profit rose by 38.22 % year-on-year but experienced a 101.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.21 % but a quarterly rise of 101.1 %. In summary, Lloyds Metals And Energy 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. 1965.52 Cr | Rs. 1554.29 Cr | Rs. 2417.24 Cr | + 55.52 % | + 22.98 % |
| Expenses | Rs. 1429.65 Cr | Rs. 1095.88 Cr | Rs. 1698.57 Cr | + 55 % | + 18.81 % |
| Operating Profit | Rs. 535.87 Cr | Rs. 458.41 Cr | Rs. 718.67 Cr | + 56.77 % | + 34.11 % |
| Net Profit | Rs. 403.26 Cr | Rs. 276.91 Cr | Rs. 557.4 Cr | + 101.29 % | + 38.22 % |
| EPS in Rs | Rs. 7.93 | Rs. 5.45 | Rs. 10.96 | + 101.1 % | + 38.21 % |
In reviewing Lloyds Metals And Energy Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.98 % year-on-year growth, however, there was a minor increase of 55.52 % from the previous quarter. Expenses rose by 18.81 % compared to the previous year, with a 55 % increase quarter-on-quarter. Operating Profit surged by 34.11 % annually, and saw a 56.77 % increase from the last quarter.
Net Profit showed yearly increase of 38.22 %, and experienced a 101.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 38.21 % annually, however rose by 101.1 % compared to the last quarter. In essence, while Lloyds Metals And Energy Limited 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.
