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Lovable Lingerie : Q1 2024 Financial Quarterly Report : YoY Sales Down 49.15 %, QoQ Up 183.18 %

July 30, 2024July 30, 2024| adminadmin| 0 Comments| 5:00 pm
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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 -49.15 % over the year, substantial increase in net sales/revenue by 183.18 %.
  • 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 122.58 %. Marginal increase in other income during this quarter, up by 64.15%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Lovable Lingerie Limited. Profit dropped by -53.92 % Year to Year, Lovable Lingerie Limited’s profitability dropped by -212.75 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -53.92 % Year to Year. EPS decreased by -212.8 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Lovable Lingerie Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 30.664 Cr Rs. 5.506 Cr Rs. 15.592 Cr + 183.18 % -49.15 %
Expenses Rs. 25.43 Cr Rs. 9.04 Cr Rs. 14.21 Cr + 57.19 % -44.12 %
Operating Profit Rs. 5.23 Cr Rs. -3.53 Cr Rs. 1.38 Cr + 139.09 % -73.61 %
OPM % 17.06 % -64.11 % 8.85 % + 72.96 % -8.21 %
Other Income Rs. 0.722 Cr Rs. 0.979 Cr Rs. 1.607 Cr + 64.15 % + 122.58 %
Interest Rs. 0.13 Cr Rs. 0.25 Cr Rs. 0.1 Cr -60 % -23.08 %
Depreciation Rs. 0.48 Cr Rs. 0.53 Cr Rs. 0.5 Cr -5.66 % + 4.17 %
Profit before tax Rs. 5.34 Cr Rs. -3.33 Cr Rs. 2.39 Cr + 171.77 % -55.24 %
Tax % 15.31 % -44.45 % 12.75 % + 57.2 % -2.56 %
Net Profit Rs. 4.53 Cr Rs. -1.85 Cr Rs. 2.09 Cr + 212.97 % -53.86 %
EPS in Rs Rs. 3.06 Rs. -1.25 Rs. 1.41 + 212.8 % -53.92 %


Today, we’re looking at Lovable Lingerie Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -49.15 %. However, it did see a marginal increase of 183.18 % from the previous quarter. Expenses ticked up slightly by 57.19 % quarter-on-quarter, aligning with the annual decline of -44.12 %. Operating profit, while down -73.61 % compared to last year, faced a quarter-on-quarter increase of 139.09 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -8.21 %, but an expansion of 72.96 % sequentially. Other income rose by 64.15 % compared to the last quarter, despite an annual growth of 122.58 %. Interest expenses dropped significantly by -60 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.08 %. Depreciation costs fell by -5.66 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.17 %. Profit before tax declined annually by -55.24 % but saw an increase from the preceding quarter by 171.77 %.
Tax expenses as a percentage of profits decreased slightly by -2.56 % compared to last year, with a more notable quarter-on-quarter increase of 57.2 %. Net profit fell by -53.86 % year-on-year but experienced a 212.97 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -53.92 % but a quarterly rise of 212.8 %. In summary, Lovable Lingerie 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. 30.664 Cr Rs. 5.506 Cr Rs. 15.592 Cr + 183.18 % -49.15 %
Expenses Rs. 25.43 Cr Rs. 9.04 Cr Rs. 14.21 Cr + 57.19 % -44.12 %
Operating Profit Rs. 5.23 Cr Rs. -3.53 Cr Rs. 1.38 Cr + 139.09 % -73.61 %
Net Profit Rs. 4.53 Cr Rs. -1.85 Cr Rs. 2.09 Cr + 212.97 % -53.86 %
EPS in Rs Rs. 3.06 Rs. -1.25 Rs. 1.41 + 212.8 % -53.92 %


In reviewing Lovable Lingerie Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -49.15 % year-on-year, however, there was a minor increase of 183.18 % from the previous quarter. Expenses decreased by -44.12 % compared to the previous year, with a 57.19 % increase quarter-on-quarter. Operating Profit dropped by -73.61 % annually, and saw a 139.09 % increase from the last quarter.
Net Profit showed yearly decrease of -53.86 %, and experienced a 212.97 % increase from the previous quarter. Earnings Per Share (EPS) fell by -53.92 % annually, however rose by 212.8 % compared to the last quarter. In essence, while Lovable Lingerie Limited faces strong annual decline 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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