Share the post "Octavius Plantations ‘s Latest Q1 Report: Profit Up by 28.57% Year-on-Year"
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 25.44 % in the past year, decrease in net sales/revenue by -55.31 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -25 %, Marginal decrease of -98.08% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Octavius Plantations Limited. Notable increase of 30.48 % in net profit Year to Year, Octavius Plantations Limited’s profitability dropped by -56.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -35.00 % Year to Year. EPS increased by 333.33 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 3.966 Cr | Rs. 11.132 Cr | Rs. 4.975 Cr | -55.31 % | + 25.44 % |
| Expenses | Rs. 3.67 Cr | Rs. 10.63 Cr | Rs. 4.65 Cr | -56.26 % | + 26.7 % |
| Operating Profit | Rs. 0.3 Cr | Rs. 0.5 Cr | Rs. 0.32 Cr | -36 % | + 6.67 % |
| OPM % | 7.56 % | 4.49 % | 6.43 % | + 1.94 % | -1.13 % |
| Other Income | Rs. 0.004 Cr | Rs. 0.156 Cr | Rs. 0.003 Cr | -98.08 % | -25 % |
| Interest | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.05 Cr | + 25 % | + 25 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0.25 Cr | Rs. 0.61 Cr | Rs. 0.26 Cr | -57.38 % | + 4 % |
| Tax % | 18.99 % | 3.25 % | 0.36 % | -2.89 % | -18.63 % |
| Net Profit | Rs. 0.21 Cr | Rs. 0.63 Cr | Rs. 0.27 Cr | -57.14 % | + 28.57 % |
| EPS in Rs | Rs. 1.4 | Rs. 0.21 | Rs. 0.91 | + 333.33 % | -35 % |
Today, we’re looking at Octavius Plantations 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 25.44 %. However, it did see a marginal slip of -55.31 % from the previous quarter. Expenses decreased slightly by -56.26 % quarter-on-quarter, aligning with the annual rise of 26.7 %. Operating profit, while up 6.67 % compared to last year, faced a quarter-on-quarter dip of -36 %, 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 -1.13 %, but an expansion of 1.94 % sequentially. Other income fell by -98.08 % compared to the last quarter, despite an annual decline of -25 %. Interest expenses surged remarkably by 25 % from the previous quarter, yet the year-over-year increase remains at a moderate 25 %. 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 4 % but saw a reduction from the preceding quarter by -57.38 %.
Tax expenses as a percentage of profits decreased slightly by -18.63 % compared to last year, with a more notable quarter-on-quarter decrease of -2.89 %. Net profit rose by 28.57 % year-on-year but witnessed a -57.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -35 % but a quarterly rise of 333.33 %. In summary, Octavius Plantations 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. 3.966 Cr | Rs. 11.132 Cr | Rs. 4.975 Cr | -55.31 % | + 25.44 % |
| Expenses | Rs. 3.67 Cr | Rs. 10.63 Cr | Rs. 4.65 Cr | -56.26 % | + 26.7 % |
| Operating Profit | Rs. 0.3 Cr | Rs. 0.5 Cr | Rs. 0.32 Cr | -36 % | + 6.67 % |
| Net Profit | Rs. 0.21 Cr | Rs. 0.63 Cr | Rs. 0.27 Cr | -57.14 % | + 28.57 % |
| EPS in Rs | Rs. 1.4 | Rs. 0.21 | Rs. 0.91 | + 333.33 % | -35 % |
In reviewing Octavius Plantations Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 25.44 % year-on-year growth, although there was a slight dip of -55.31 % from the previous quarter. Expenses rose by 26.7 % compared to the previous year, with a decrease of -56.26 % quarter-on-quarter. Operating Profit surged by 6.67 % annually, and saw a -36 % decrease from the last quarter.
Net Profit showed yearly increase of 28.57 %, and experienced a -57.14 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -35 % annually, however rose by 333.33 % compared to the last quarter. In essence, while Octavius Plantations 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.
