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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’s sales declined by -19.37 % over the year, substantial increase in net sales/revenue by 76.12 %.
- 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 175.23 %. Marginal increase in other income during this quarter, up by 738.98%.
- Profit over the Year and quarter: Significant improvement in profitability for Orient Green Power Company Limited. Notable increase of 40.47 % in net profit Year to Year, Orient Green Power Company Limited’s profitability dropped by -151.68 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 9.09 % Year to Year. EPS decreased by -146.15 % 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. 78.68 Cr | Rs. 36.02 Cr | Rs. 63.44 Cr | + 76.12 % | -19.37 % |
Expenses | Rs. 20.63 Cr | Rs. 21.74 Cr | Rs. 22.62 Cr | + 4.05 % | + 9.65 % |
Operating Profit | Rs. 58.05 Cr | Rs. 14.28 Cr | Rs. 40.82 Cr | + 185.85 % | -29.68 % |
OPM % | 73.78 % | 39.64 % | 64.34 % | + 24.7 % | -9.44 % |
Other Income | Rs. -6.58 Cr | Rs. 0.59 Cr | Rs. 4.95 Cr | + 738.98 % | + 175.23 % |
Interest | Rs. 21.66 Cr | Rs. 19.29 Cr | Rs. 18.96 Cr | -1.71 % | -12.47 % |
Depreciation | Rs. 20.52 Cr | Rs. 20.56 Cr | Rs. 20.69 Cr | + 0.63 % | + 0.83 % |
Profit before tax | Rs. 9.29 Cr | Rs. -24.98 Cr | Rs. 6.12 Cr | + 124.5 % | -34.12 % |
Tax % | 0 % | -1.08 % | 1.96 % | + 3.04 % | + 1.96 % |
Net Profit | Rs. 9.29 Cr | Rs. -25.25 Cr | Rs. 13.05 Cr | + 151.68 % | + 40.47 % |
EPS in Rs | Rs. 0.11 | Rs. -0.26 | Rs. 0.12 | + 146.15 % | + 9.09 % |
Today, we’re looking at Orient Green Power Company Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -19.37 %. However, it did see a marginal increase of 76.12 % from the previous quarter. Expenses ticked up slightly by 4.05 % quarter-on-quarter, aligning with the annual rise of 9.65 %. Operating profit, while down -29.68 % compared to last year, faced a quarter-on-quarter increase of 185.85 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -9.44 %, but an expansion of 24.7 % sequentially. Other income rose by 738.98 % compared to the last quarter, despite an annual growth of 175.23 %. Interest expenses dropped significantly by -1.71 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.47 %. Depreciation costs climbed by 0.63 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.83 %. Profit before tax declined annually by -34.12 % but saw an increase from the preceding quarter by 124.5 %.
Tax expenses as a percentage of profits increased slightly by 1.96 % compared to last year, with a more notable quarter-on-quarter increase of 3.04 %. Net profit rose by 40.47 % year-on-year but experienced a 151.68 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 9.09 % but a quarterly rise of 146.15 %. In summary, Orient Green Power Company 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. 78.68 Cr | Rs. 36.02 Cr | Rs. 63.44 Cr | + 76.12 % | -19.37 % |
Expenses | Rs. 20.63 Cr | Rs. 21.74 Cr | Rs. 22.62 Cr | + 4.05 % | + 9.65 % |
Operating Profit | Rs. 58.05 Cr | Rs. 14.28 Cr | Rs. 40.82 Cr | + 185.85 % | -29.68 % |
Net Profit | Rs. 9.29 Cr | Rs. -25.25 Cr | Rs. 13.05 Cr | + 151.68 % | + 40.47 % |
EPS in Rs | Rs. 0.11 | Rs. -0.26 | Rs. 0.12 | + 146.15 % | + 9.09 % |
In reviewing Orient Green Power Company Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -19.37 % year-on-year, however, there was a minor increase of 76.12 % from the previous quarter. Expenses rose by 9.65 % compared to the previous year, with a 4.05 % increase quarter-on-quarter. Operating Profit dropped by -29.68 % annually, and saw a 185.85 % increase from the last quarter.
Net Profit showed yearly increase of 40.47 %, and experienced a 151.68 % increase from the previous quarter. Earnings Per Share (EPS) rose by 9.09 % annually, however rose by 146.15 % compared to the last quarter. In essence, while Orient Green Power Company Limited faces strong annual decline 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.
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