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Highlights
- Sales over the Year and quarter:
- 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 126.32 %. Marginal decrease of -40.28% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Longview Tea Company ltd.. Profit dropped by -218.08 % Year to Year, Longview Tea Company ltd.’s profitability dropped by -59.34 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -218.64 % Year to Year. EPS decreased by -59.06 % 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. 0.327 Cr | Rs. 0.718 Cr | Rs. 194.615 Cr | + 2610.52 % | + 5851.53 % |
Expenses | Rs. 0.36 Cr | Rs. 0.83 Cr | Rs. 0.13 Cr | -84.34 % | -63.89 % |
Operating Profit | Rs. -0.03 Cr | Rs. -0.11 Cr | Rs. 194.49 Cr | + 176909.09 % | + 648400 % |
OPM % | -9.17 % | -15.32 % | 99.94 % | + 115.26 % | + 109.11 % |
Other Income | Rs. 0.19 Cr | Rs. 0.72 Cr | Rs. 0.43 Cr | -40.28 % | + 126.32 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.15 Cr | Rs. 0.6 Cr | Rs. 194.91 Cr | + 32385 % | + 129840 % |
Tax % | 217.22 % | 15.18 % | 27.18 % | + 12 % | -190.04 % |
Net Profit | Rs. -0.18 Cr | Rs. 0.51 Cr | Rs. 0.21 Cr | -58.82 % | + 216.67 % |
EPS in Rs | Rs. -0.59 | Rs. 1.71 | Rs. 0.7 | -59.06 % | + 218.64 % |
Today, we’re looking at Longview Tea Company ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 5851.53 %. However, it did see a marginal increase of 2610.52 % from the previous quarter. Expenses decreased slightly by -84.34 % quarter-on-quarter, aligning with the annual decline of -63.89 %. Operating profit, while up 648400 % compared to last year, faced a quarter-on-quarter increase of 176909.09 %, 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 109.11 %, but an expansion of 115.26 % sequentially. Other income fell by -40.28 % compared to the last quarter, despite an annual growth of 126.32 %. Interest expenses surged remarkably by 9.92 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.41 %. 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 129840 % but saw an increase from the preceding quarter by 32385 %.
Tax expenses as a percentage of profits decreased slightly by -190.04 % compared to last year, with a more notable quarter-on-quarter increase of 12 %. Net profit rose by 216.67 % year-on-year but witnessed a -58.82 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 218.64 % but a quarterly fall of -59.06 %. In summary, Longview Tea Company 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. 0.327 Cr | Rs. 0.718 Cr | Rs. 194.615 Cr | + 2610.52 % | + 5851.53 % |
Expenses | Rs. 0.36 Cr | Rs. 0.83 Cr | Rs. 0.13 Cr | -84.34 % | -63.89 % |
Operating Profit | Rs. -0.03 Cr | Rs. -0.11 Cr | Rs. 194.49 Cr | + 176909.09 % | + 648400 % |
Net Profit | Rs. -0.18 Cr | Rs. 0.51 Cr | Rs. 0.21 Cr | -58.82 % | + 216.67 % |
EPS in Rs | Rs. -0.59 | Rs. 1.71 | Rs. 0.7 | -59.06 % | + 218.64 % |
In reviewing Longview Tea Company ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5851.53 % year-on-year growth, however, there was a minor increase of 2610.52 % from the previous quarter. Expenses decreased by -63.89 % compared to the previous year, with a decrease of -84.34 % quarter-on-quarter. Operating Profit surged by 648400 % annually, and saw a 176909.09 % increase from the last quarter.
Net Profit showed yearly increase of 216.67 %, and experienced a -58.82 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 218.64 % annually, however dipped by -59.06 % compared to the last quarter. In essence, while Longview Tea Company 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.