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NEW LIGHT APPARELS LIMTED’s Latest Q1 Report: Profit Up by 200% Year-on-Year

September 18, 2024September 18, 2024| adminadmin| 0 Comments| 12:30 am
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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 experienced a substantial growth of 21.59 % in the past year, decrease in net sales/revenue by -87.74 %.
  • Profit over the Year and quarter: Significant improvement in profitability for NEW LIGHT APPARELS LIMTED. Notable increase of 115.38 % in net profit Year to Year, NEW LIGHT APPARELS LIMTED’s profitability dropped by -92.63 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -33.33 % Year to Year. EPS decreased by -97.69 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of NEW LIGHT APPARELS LIMTED‘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. 0.593 Cr Rs. 5.879 Cr Rs. 0.721 Cr -87.74 % + 21.59 %
Expenses Rs. 0.56 Cr Rs. 5.61 Cr Rs. 0.68 Cr -87.88 % + 21.43 %
Operating Profit Rs. 0.03 Cr Rs. 0.27 Cr Rs. 0.04 Cr -85.19 % + 33.33 %
OPM % 5.06 % 4.59 % 5.55 % + 0.96 % + 0.49 %
Other Income Rs. 0.001 Cr Rs. 0.116 Cr Rs. 0 Cr 0 % 0 %
Interest Rs. 0.01 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.01 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % + 0 %
Profit before tax Rs. 0.01 Cr Rs. 0.38 Cr Rs. 0.03 Cr -92.11 % + 200 %
Tax % 25 % 0 % 0 % 0 % -25 %
Net Profit Rs. 0.01 Cr Rs. 0.38 Cr Rs. 0.03 Cr -92.11 % + 200 %
EPS in Rs Rs. 0.06 Rs. 1.73 Rs. 0.04 -97.69 % -33.33 %


Today, we’re looking at NEW LIGHT APPARELS LIMTED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 21.59 %. However, it did see a marginal slip of -87.74 % from the previous quarter. Expenses decreased slightly by -87.88 % quarter-on-quarter, aligning with the annual rise of 21.43 %. Operating profit, while up 33.33 % compared to last year, faced a quarter-on-quarter dip of -85.19 %, 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 0.49 %, but an expansion of 0.96 % sequentially. 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 200 % but saw a reduction from the preceding quarter by -92.11 %.
Tax expenses as a percentage of profits decreased slightly by -25 % compared to last year, Net profit rose by 200 % year-on-year but witnessed a -92.11 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -33.33 % but a quarterly fall of -97.69 %. In summary, NEW LIGHT APPARELS LIMTED’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. 0.593 Cr Rs. 5.879 Cr Rs. 0.721 Cr -87.74 % + 21.59 %
Expenses Rs. 0.56 Cr Rs. 5.61 Cr Rs. 0.68 Cr -87.88 % + 21.43 %
Operating Profit Rs. 0.03 Cr Rs. 0.27 Cr Rs. 0.04 Cr -85.19 % + 33.33 %
Net Profit Rs. 0.01 Cr Rs. 0.38 Cr Rs. 0.03 Cr -92.11 % + 200 %
EPS in Rs Rs. 0.06 Rs. 1.73 Rs. 0.04 -97.69 % -33.33 %


In reviewing NEW LIGHT APPARELS LIMTED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.59 % year-on-year growth, although there was a slight dip of -87.74 % from the previous quarter. Expenses rose by 21.43 % compared to the previous year, with a decrease of -87.88 % quarter-on-quarter. Operating Profit surged by 33.33 % annually, and saw a -85.19 % decrease from the last quarter.
Net Profit showed yearly increase of 200 %, and experienced a -92.11 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -33.33 % annually, however dipped by -97.69 % compared to the last quarter. In essence, while NEW LIGHT APPARELS LIMTED 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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