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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.16 % in the past year, substantial increase in net sales/revenue by 99.5 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Significant improvement in profitability for LWS Knitwear Ltd. Notable increase of 728.77 % in net profit Year to Year, LWS Knitwear Ltd’s profitability increased by 1761.54 % in this quarter.
- EPS over the Year and quarter: EPS increased by 727.59 % Year to Year. EPS increased by 1746.15 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 34.426 Cr | Rs. 17.283 Cr | Rs. 34.48 Cr | + 99.5 % | + 0.16 % |
Expenses | Rs. 34.02 Cr | Rs. 16.8 Cr | Rs. 32.46 Cr | + 93.21 % | -4.59 % |
Operating Profit | Rs. 0.41 Cr | Rs. 0.48 Cr | Rs. 2.02 Cr | + 320.83 % | + 392.68 % |
OPM % | 1.19 % | 2.78 % | 5.86 % | + 3.08 % | + 4.67 % |
Other Income | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.19 Cr | Rs. 0.33 Cr | Rs. 0.31 Cr | -6.06 % | + 63.16 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.21 Cr | Rs. 0.14 Cr | Rs. 1.69 Cr | + 1107.14 % | + 704.76 % |
Tax % | 25.51 % | 50.38 % | 28.19 % | -22.19 % | + 2.68 % |
Net Profit | Rs. 0.15 Cr | Rs. 0.07 Cr | Rs. 1.21 Cr | + 1628.57 % | + 706.67 % |
EPS in Rs | Rs. 0.29 | Rs. 0.13 | Rs. 2.4 | + 1746.15 % | + 727.59 % |
Today, we’re looking at LWS Knitwear Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.16 %. However, it did see a marginal increase of 99.5 % from the previous quarter. Expenses ticked up slightly by 93.21 % quarter-on-quarter, aligning with the annual decline of -4.59 %. Operating profit, while up 392.68 % compared to last year, faced a quarter-on-quarter increase of 320.83 %, 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 4.67 %, but an expansion of 3.08 % sequentially. Interest expenses dropped significantly by -6.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 63.16 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 704.76 % but saw an increase from the preceding quarter by 1107.14 %.
Tax expenses as a percentage of profits increased slightly by 2.68 % compared to last year, with a more notable quarter-on-quarter decrease of -22.19 %. Net profit rose by 706.67 % year-on-year but experienced a 1628.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 727.59 % but a quarterly rise of 1746.15 %. In summary, LWS Knitwear Ltd’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. 34.426 Cr | Rs. 17.283 Cr | Rs. 34.48 Cr | + 99.5 % | + 0.16 % |
Expenses | Rs. 34.02 Cr | Rs. 16.8 Cr | Rs. 32.46 Cr | + 93.21 % | -4.59 % |
Operating Profit | Rs. 0.41 Cr | Rs. 0.48 Cr | Rs. 2.02 Cr | + 320.83 % | + 392.68 % |
Net Profit | Rs. 0.15 Cr | Rs. 0.07 Cr | Rs. 1.21 Cr | + 1628.57 % | + 706.67 % |
EPS in Rs | Rs. 0.29 | Rs. 0.13 | Rs. 2.4 | + 1746.15 % | + 727.59 % |
In reviewing LWS Knitwear Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.16 % year-on-year growth, however, there was a minor increase of 99.5 % from the previous quarter. Expenses decreased by -4.59 % compared to the previous year, with a 93.21 % increase quarter-on-quarter. Operating Profit surged by 392.68 % annually, and saw a 320.83 % increase from the last quarter.
Net Profit showed yearly increase of 706.67 %, and experienced a 1628.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 727.59 % annually, however rose by 1746.15 % compared to the last quarter. In essence, while LWS Knitwear Ltd 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.