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Highlights
- Sales over the Year and quarter: The company’s sales declined by -53.64 % over the year, decrease in net sales/revenue by -52.12 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -77.21 %, Marginal decrease of -72% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Lovable Lingerie Limited. Profit dropped by -44.31 % Year to Year, Lovable Lingerie Limited’s profitability increased by 142.28 % in this quarter.
- EPS over the Year and quarter: EPS declined by -44.44 % Year to Year. EPS decreased by -340.38 % 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. 11.876 Cr | Rs. 11.5 Cr | Rs. 5.506 Cr | -52.12 % | -53.64 % |
Expenses | Rs. 19.15 Cr | Rs. 14 Cr | Rs. 9.04 Cr | -35.43 % | -52.79 % |
Operating Profit | Rs. -7.27 Cr | Rs. -2.5 Cr | Rs. -3.53 Cr | -41.2 % | + 51.44 % |
OPM % | -61.22 % | -21.74 % | -64.11 % | -42.37 % | -2.89 % |
Other Income | Rs. 4.3 Cr | Rs. 3.5 Cr | Rs. 0.98 Cr | -72 % | -77.21 % |
Interest | Rs. 0.44 Cr | Rs. 0.08 Cr | Rs. 0.25 Cr | + 212.5 % | -43.18 % |
Depreciation | Rs. 0.8 Cr | Rs. 0.52 Cr | Rs. 0.53 Cr | + 1.92 % | -33.75 % |
Profit before tax | Rs. -4.21 Cr | Rs. 0.4 Cr | Rs. -3.33 Cr | -932.5 % | + 20.9 % |
Tax % | -21.27 % | 293.18 % | -44.45 % | -337.63 % | -23.18 % |
Net Profit | Rs. -3.32 Cr | Rs. -0.76 Cr | Rs. -1.85 Cr | -143.42 % | + 44.28 % |
EPS in Rs | Rs. -2.25 | Rs. -0.52 | Rs. -1.25 | -140.38 % | + 44.44 % |
Today, we’re looking at Lovable Lingerie Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -53.64 %. However, it did see a marginal slip of -52.12 % from the previous quarter. Expenses decreased slightly by -35.43 % quarter-on-quarter, aligning with the annual decline of -52.79 %. Operating profit, while up 51.44 % compared to last year, faced a quarter-on-quarter dip of -41.2 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.89 %, but a shrinkage of -42.37 % sequentially. Other income fell by -72 % compared to the last quarter, despite an annual decline of -77.21 %. Interest expenses surged remarkably by 212.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -43.18 %. Depreciation costs climbed by 1.92 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -33.75 %. Profit before tax grew annually by 20.9 % but saw a reduction from the preceding quarter by -932.5 %.
Tax expenses as a percentage of profits decreased slightly by -23.18 % compared to last year, with a more notable quarter-on-quarter decrease of -337.63 %. Net profit rose by 44.28 % year-on-year but witnessed a -143.42 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 44.44 % but a quarterly fall of -140.38 %. 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. 11.876 Cr | Rs. 11.5 Cr | Rs. 5.506 Cr | -52.12 % | -53.64 % |
Expenses | Rs. 19.15 Cr | Rs. 14 Cr | Rs. 9.04 Cr | -35.43 % | -52.79 % |
Operating Profit | Rs. -7.27 Cr | Rs. -2.5 Cr | Rs. -3.53 Cr | -41.2 % | + 51.44 % |
Net Profit | Rs. -3.32 Cr | Rs. -0.76 Cr | Rs. -1.85 Cr | -143.42 % | + 44.28 % |
EPS in Rs | Rs. -2.25 | Rs. -0.52 | Rs. -1.25 | -140.38 % | + 44.44 % |
In reviewing Lovable Lingerie Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -53.64 % year-on-year, although there was a slight dip of -52.12 % from the previous quarter. Expenses decreased by -52.79 % compared to the previous year, with a decrease of -35.43 % quarter-on-quarter. Operating Profit surged by 51.44 % annually, and saw a -41.2 % decrease from the last quarter.
Net Profit showed yearly increase of 44.28 %, and experienced a -143.42 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 44.44 % annually, however dipped by -140.38 % compared to the last quarter. In essence, while Lovable Lingerie Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.