Share the post "Orient Tradelink ‘s Q1 Report: Revenue Rises by 323.38% YoY"
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 323.38 % in the past year, decrease in net sales/revenue by -35.45 %.
- Income over the Year and quarter: Marginal decrease of -26.67% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Orient Tradelink Ltd.. Notable increase of 372.88 % in net profit Year to Year, Orient Tradelink Ltd.’s profitability dropped by -181.7 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 350.00 % Year to Year. EPS decreased by -180.36 % 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. 0.77 Cr | Rs. 5.05 Cr | Rs. 3.26 Cr | -35.45 % | + 323.38 % |
Expenses | Rs. 0.41 Cr | Rs. 5.04 Cr | Rs. 2.19 Cr | -56.55 % | + 434.15 % |
Operating Profit | Rs. 0.36 Cr | Rs. 0.01 Cr | Rs. 1.07 Cr | + 10600 % | + 197.22 % |
OPM % | 46.75 % | 0.2 % | 32.82 % | + 32.62 % | -13.93 % |
Other Income | Rs. 0 Cr | Rs. 0.015 Cr | Rs. 0.011 Cr | -26.67 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.2 Cr | Rs. 0.29 Cr | Rs. 0.33 Cr | + 13.79 % | + 65 % |
Profit before tax | Rs. 0.16 Cr | Rs. -0.27 Cr | Rs. 0.75 Cr | + 377.78 % | + 368.75 % |
Tax % | 24.84 % | -161.3 % | 25.23 % | + 186.53 % | + 0.39 % |
Net Profit | Rs. 0.12 Cr | Rs. -0.68 Cr | Rs. 0.56 Cr | + 182.35 % | + 366.67 % |
EPS in Rs | Rs. 0.1 | Rs. -0.56 | Rs. 0.45 | + 180.36 % | + 350 % |
Today, we’re looking at Orient Tradelink Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 323.38 %. However, it did see a marginal slip of -35.45 % from the previous quarter. Expenses decreased slightly by -56.55 % quarter-on-quarter, aligning with the annual rise of 434.15 %. Operating profit, while up 197.22 % compared to last year, faced a quarter-on-quarter increase of 10600 %, 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 -13.93 %, but an expansion of 32.62 % sequentially. Other income fell by -26.67 % compared to the last quarter, Depreciation costs climbed by 13.79 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 65 %. Profit before tax grew annually by 368.75 % but saw an increase from the preceding quarter by 377.78 %.
Tax expenses as a percentage of profits increased slightly by 0.39 % compared to last year, with a more notable quarter-on-quarter increase of 186.53 %. Net profit rose by 366.67 % year-on-year but experienced a 182.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 350 % but a quarterly rise of 180.36 %. In summary, Orient Tradelink 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. 0.77 Cr | Rs. 5.05 Cr | Rs. 3.26 Cr | -35.45 % | + 323.38 % |
Expenses | Rs. 0.41 Cr | Rs. 5.04 Cr | Rs. 2.19 Cr | -56.55 % | + 434.15 % |
Operating Profit | Rs. 0.36 Cr | Rs. 0.01 Cr | Rs. 1.07 Cr | + 10600 % | + 197.22 % |
Net Profit | Rs. 0.12 Cr | Rs. -0.68 Cr | Rs. 0.56 Cr | + 182.35 % | + 366.67 % |
EPS in Rs | Rs. 0.1 | Rs. -0.56 | Rs. 0.45 | + 180.36 % | + 350 % |
In reviewing Orient Tradelink Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 323.38 % year-on-year growth, although there was a slight dip of -35.45 % from the previous quarter. Expenses rose by 434.15 % compared to the previous year, with a decrease of -56.55 % quarter-on-quarter. Operating Profit surged by 197.22 % annually, and saw a 10600 % increase from the last quarter.
Net Profit showed yearly increase of 366.67 %, and experienced a 182.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 350 % annually, however rose by 180.36 % compared to the last quarter. In essence, while Orient Tradelink 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.
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