Share the post "Lords Chloro Alkali announced Financial Results Q1 2024"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 24.19 % in the past year, substantial increase in net sales/revenue by 4.12 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -62.32 %, Marginal decrease of -8.57% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Lords Chloro Alkali Limited. Profit dropped by -714.15 % Year to Year, Lords Chloro Alkali Limited’s profitability dropped by -3650.91 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -700.00 % Year to Year. EPS decreased by -4000 % 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. 52.373 Cr | Rs. 62.466 Cr | Rs. 65.041 Cr | + 4.12 % | + 24.19 % |
| Expenses | Rs. 51.59 Cr | Rs. 59.92 Cr | Rs. 60.5 Cr | + 0.97 % | + 17.27 % |
| Operating Profit | Rs. 0.78 Cr | Rs. 2.55 Cr | Rs. 4.54 Cr | + 78.04 % | + 482.05 % |
| OPM % | 1.49 % | 4.08 % | 6.98 % | + 2.9 % | + 5.49 % |
| Other Income | Rs. 1.303 Cr | Rs. 0.537 Cr | Rs. 0.491 Cr | -8.57 % | -62.32 % |
| Interest | Rs. 0.44 Cr | Rs. 0.62 Cr | Rs. 0.58 Cr | -6.45 % | + 31.82 % |
| Depreciation | Rs. 2.01 Cr | Rs. 2.41 Cr | Rs. 2.41 Cr | + 0 % | + 19.9 % |
| Profit before tax | Rs. -0.37 Cr | Rs. 0.06 Cr | Rs. 2.04 Cr | + 3300 % | + 651.35 % |
| Tax % | -13.35 % | 203.85 % | 4.41 % | -199.44 % | + 17.76 % |
| Net Profit | Rs. -0.32 Cr | Rs. -0.06 Cr | Rs. 1.95 Cr | + 3350 % | + 709.38 % |
| EPS in Rs | Rs. -0.13 | Rs. -0.02 | Rs. 0.78 | + 4000 % | + 700 % |
Today, we’re looking at Lords Chloro Alkali 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 24.19 %. However, it did see a marginal increase of 4.12 % from the previous quarter. Expenses ticked up slightly by 0.97 % quarter-on-quarter, aligning with the annual rise of 17.27 %. Operating profit, while up 482.05 % compared to last year, faced a quarter-on-quarter increase of 78.04 %, 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 5.49 %, but an expansion of 2.9 % sequentially. Other income fell by -8.57 % compared to the last quarter, despite an annual decline of -62.32 %. Interest expenses dropped significantly by -6.45 % from the previous quarter, yet the year-over-year increase remains at a moderate 31.82 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.9 %. Profit before tax grew annually by 651.35 % but saw an increase from the preceding quarter by 3300 %.
Tax expenses as a percentage of profits increased slightly by 17.76 % compared to last year, with a more notable quarter-on-quarter decrease of -199.44 %. Net profit rose by 709.38 % year-on-year but experienced a 3350 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 700 % but a quarterly rise of 4000 %. In summary, Lords Chloro Alkali 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. 52.373 Cr | Rs. 62.466 Cr | Rs. 65.041 Cr | + 4.12 % | + 24.19 % |
| Expenses | Rs. 51.59 Cr | Rs. 59.92 Cr | Rs. 60.5 Cr | + 0.97 % | + 17.27 % |
| Operating Profit | Rs. 0.78 Cr | Rs. 2.55 Cr | Rs. 4.54 Cr | + 78.04 % | + 482.05 % |
| Net Profit | Rs. -0.32 Cr | Rs. -0.06 Cr | Rs. 1.95 Cr | + 3350 % | + 709.38 % |
| EPS in Rs | Rs. -0.13 | Rs. -0.02 | Rs. 0.78 | + 4000 % | + 700 % |
In reviewing Lords Chloro Alkali Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 24.19 % year-on-year growth, however, there was a minor increase of 4.12 % from the previous quarter. Expenses rose by 17.27 % compared to the previous year, with a 0.97 % increase quarter-on-quarter. Operating Profit surged by 482.05 % annually, and saw a 78.04 % increase from the last quarter.
Net Profit showed yearly increase of 709.38 %, and experienced a 3350 % increase from the previous quarter. Earnings Per Share (EPS) rose by 700 % annually, however rose by 4000 % compared to the last quarter. In essence, while Lords Chloro Alkali 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.
[my_shortcode1 values=”Lords Chloro Alkali “]
