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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.91 % in the past year, substantial increase in net sales/revenue by 6.85 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -16.15 %, Marginal increase in other income during this quarter, up by 43.23%.
- Profit over the Year and quarter: Significant improvement in profitability for LT Foods Limited. Notable increase of 13.97 % in net profit Year to Year, LT Foods Limited’s profitability dropped by -1.58 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 10.03 % Year to Year. EPS decreased by -1.61 % 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. 1821.376 Cr | Rs. 1941.729 Cr | Rs. 2074.813 Cr | + 6.85 % | + 13.91 % |
Expenses | Rs. 1625 Cr | Rs. 1703.09 Cr | Rs. 1829.74 Cr | + 7.44 % | + 12.6 % |
Operating Profit | Rs. 196.38 Cr | Rs. 238.64 Cr | Rs. 245.07 Cr | + 2.69 % | + 24.79 % |
OPM % | 10.78 % | 12.29 % | 11.81 % | -0.48 % | + 1.03 % |
Other Income | Rs. 33.55 Cr | Rs. 19.64 Cr | Rs. 28.13 Cr | + 43.23 % | -16.15 % |
Interest | Rs. 25.8 Cr | Rs. 18.5 Cr | Rs. 23.46 Cr | + 26.81 % | -9.07 % |
Depreciation | Rs. 35.12 Cr | Rs. 36.09 Cr | Rs. 45.27 Cr | + 25.44 % | + 28.9 % |
Profit before tax | Rs. 169.01 Cr | Rs. 203.69 Cr | Rs. 204.47 Cr | + 0.38 % | + 20.98 % |
Tax % | 24.95 % | 26.58 % | 28.06 % | + 1.48 % | + 3.11 % |
Net Profit | Rs. 131.82 Cr | Rs. 152.65 Cr | Rs. 150.24 Cr | -1.58 % | + 13.97 % |
EPS in Rs | Rs. 3.89 | Rs. 4.35 | Rs. 4.28 | -1.61 % | + 10.03 % |
Today, we’re looking at LT Foods Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 13.91 %. However, it did see a marginal increase of 6.85 % from the previous quarter. Expenses ticked up slightly by 7.44 % quarter-on-quarter, aligning with the annual rise of 12.6 %. Operating profit, while up 24.79 % compared to last year, faced a quarter-on-quarter increase of 2.69 %, 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 1.03 %, but a shrinkage of -0.48 % sequentially. Other income rose by 43.23 % compared to the last quarter, despite an annual decline of -16.15 %. Interest expenses surged remarkably by 26.81 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.07 %. Depreciation costs climbed by 25.44 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.9 %. Profit before tax grew annually by 20.98 % but saw an increase from the preceding quarter by 0.38 %.
Tax expenses as a percentage of profits increased slightly by 3.11 % compared to last year, with a more notable quarter-on-quarter increase of 1.48 %. Net profit rose by 13.97 % year-on-year but witnessed a -1.58 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 10.03 % but a quarterly fall of -1.61 %. In summary, LT Foods 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. 1821.376 Cr | Rs. 1941.729 Cr | Rs. 2074.813 Cr | + 6.85 % | + 13.91 % |
Expenses | Rs. 1625 Cr | Rs. 1703.09 Cr | Rs. 1829.74 Cr | + 7.44 % | + 12.6 % |
Operating Profit | Rs. 196.38 Cr | Rs. 238.64 Cr | Rs. 245.07 Cr | + 2.69 % | + 24.79 % |
Net Profit | Rs. 131.82 Cr | Rs. 152.65 Cr | Rs. 150.24 Cr | -1.58 % | + 13.97 % |
EPS in Rs | Rs. 3.89 | Rs. 4.35 | Rs. 4.28 | -1.61 % | + 10.03 % |
In reviewing LT Foods Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.91 % year-on-year growth, however, there was a minor increase of 6.85 % from the previous quarter. Expenses rose by 12.6 % compared to the previous year, with a 7.44 % increase quarter-on-quarter. Operating Profit surged by 24.79 % annually, and saw a 2.69 % increase from the last quarter.
Net Profit showed yearly increase of 13.97 %, and experienced a -1.58 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 10.03 % annually, however dipped by -1.61 % compared to the last quarter. In essence, while LT Foods 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.