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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 2.82 % in the past year, decrease in net sales/revenue by -24.35 %.
- 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 109.92 %. Marginal increase in other income during this quarter, up by 18%.
- Profit over the Year and quarter: Significant improvement in profitability for LUX Industries Limited. Notable increase of 121.1 % in net profit Year to Year, LUX Industries Limited’s profitability dropped by -39.32 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 103.60 % Year to Year. EPS decreased by -38.82 % 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. 520.59 Cr | Rs. 707.55 Cr | Rs. 535.29 Cr | -24.35 % | + 2.82 % |
| Expenses | Rs. 492.19 Cr | Rs. 632 Cr | Rs. 490.58 Cr | -22.38 % | -0.33 % |
| Operating Profit | Rs. 28.4 Cr | Rs. 75.55 Cr | Rs. 44.71 Cr | -40.82 % | + 57.43 % |
| OPM % | 5.46 % | 10.68 % | 8.35 % | -2.33 % | + 2.89 % |
| Other Income | Rs. 4.84 Cr | Rs. 8.61 Cr | Rs. 10.16 Cr | + 18 % | + 109.92 % |
| Interest | Rs. 5.8 Cr | Rs. 4.17 Cr | Rs. 4.36 Cr | + 4.56 % | -24.83 % |
| Depreciation | Rs. 6.07 Cr | Rs. 3.64 Cr | Rs. 5.59 Cr | + 53.57 % | -7.91 % |
| Profit before tax | Rs. 21.37 Cr | Rs. 76.35 Cr | Rs. 44.92 Cr | -41.17 % | + 110.2 % |
| Tax % | 29.25 % | 27.85 % | 25.58 % | -2.27 % | -3.67 % |
| Net Profit | Rs. 15.12 Cr | Rs. 55.09 Cr | Rs. 33.43 Cr | -39.32 % | + 121.1 % |
| EPS in Rs | Rs. 5.55 | Rs. 18.47 | Rs. 11.3 | -38.82 % | + 103.6 % |
Today, we’re looking at LUX Industries 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 2.82 %. However, it did see a marginal slip of -24.35 % from the previous quarter. Expenses decreased slightly by -22.38 % quarter-on-quarter, aligning with the annual decline of -0.33 %. Operating profit, while up 57.43 % compared to last year, faced a quarter-on-quarter dip of -40.82 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.89 %, but a shrinkage of -2.33 % sequentially. Other income rose by 18 % compared to the last quarter, despite an annual growth of 109.92 %. Interest expenses surged remarkably by 4.56 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.83 %. Depreciation costs climbed by 53.57 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.91 %. Profit before tax grew annually by 110.2 % but saw a reduction from the preceding quarter by -41.17 %.
Tax expenses as a percentage of profits decreased slightly by -3.67 % compared to last year, with a more notable quarter-on-quarter decrease of -2.27 %. Net profit rose by 121.1 % year-on-year but witnessed a -39.32 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 103.6 % but a quarterly fall of -38.82 %. In summary, LUX Industries 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. 520.59 Cr | Rs. 707.55 Cr | Rs. 535.29 Cr | -24.35 % | + 2.82 % |
| Expenses | Rs. 492.19 Cr | Rs. 632 Cr | Rs. 490.58 Cr | -22.38 % | -0.33 % |
| Operating Profit | Rs. 28.4 Cr | Rs. 75.55 Cr | Rs. 44.71 Cr | -40.82 % | + 57.43 % |
| Net Profit | Rs. 15.12 Cr | Rs. 55.09 Cr | Rs. 33.43 Cr | -39.32 % | + 121.1 % |
| EPS in Rs | Rs. 5.55 | Rs. 18.47 | Rs. 11.3 | -38.82 % | + 103.6 % |
In reviewing LUX Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.82 % year-on-year growth, although there was a slight dip of -24.35 % from the previous quarter. Expenses decreased by -0.33 % compared to the previous year, with a decrease of -22.38 % quarter-on-quarter. Operating Profit surged by 57.43 % annually, and saw a -40.82 % decrease from the last quarter.
Net Profit showed yearly increase of 121.1 %, and experienced a -39.32 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 103.6 % annually, however dipped by -38.82 % compared to the last quarter. In essence, while LUX Industries 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.
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