Share the post "Oswal Agro Mills : Q1 2024 Financial Quarterly Report : QoQ Down 25.69 %"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: decrease in net sales/revenue by -25.69 %.
- 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 39.74 %. Marginal increase in other income during this quarter, up by 5.51%.
- Profit over the Year and quarter: Significant improvement in profitability for Oswal Agro Mills Limited. Notable increase of 1165.55 % in net profit Year to Year, Oswal Agro Mills Limited’s profitability increased by 231.35 % in this quarter.
- EPS over the Year and quarter: EPS declined by -12.50 % Year to Year. EPS increased by 211.11 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0.615 Cr | Rs. 0.457 Cr | -25.69 % | 0 % |
Expenses | Rs. 1.68 Cr | Rs. 1.93 Cr | Rs. 1.45 Cr | -24.87 % | -13.69 % |
Operating Profit | Rs. -1.68 Cr | Rs. -1.32 Cr | Rs. -0.99 Cr | + 25 % | + 41.07 % |
OPM % | 0 % | -214.63 % | -216.63 % | -2 % | -216.63 % |
Other Income | Rs. 2.451 Cr | Rs. 3.246 Cr | Rs. 3.425 Cr | + 5.51 % | + 39.74 % |
Interest | Rs. 0.03 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25 % | + 0 % |
Depreciation | Rs. 0.09 Cr | Rs. 0.09 Cr | Rs. 0.09 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.65 Cr | Rs. 1.8 Cr | Rs. 2.32 Cr | + 28.89 % | + 256.92 % |
Tax % | 54.28 % | 119.02 % | 25.71 % | -93.31 % | -28.57 % |
Net Profit | Rs. 0.3 Cr | Rs. 1.14 Cr | Rs. 3.78 Cr | + 231.58 % | + 1160 % |
EPS in Rs | Rs. 0.32 | Rs. 0.09 | Rs. 0.28 | + 211.11 % | -12.5 % |
Today, we’re looking at Oswal Agro Mills Limited’s financial performance for the Q1(Jun 2024).However, it did see a marginal slip of -25.69 % from the previous quarter. Expenses decreased slightly by -24.87 % quarter-on-quarter, aligning with the annual decline of -13.69 %. Operating profit, while up 41.07 % compared to last year, faced a quarter-on-quarter increase of 25 %, 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 -216.63 %, but a shrinkage of -2 % sequentially. Other income rose by 5.51 % compared to the last quarter, despite an annual growth of 39.74 %. Interest expenses dropped significantly by -25 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. 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 256.92 % but saw an increase from the preceding quarter by 28.89 %.
Tax expenses as a percentage of profits decreased slightly by -28.57 % compared to last year, with a more notable quarter-on-quarter decrease of -93.31 %. Net profit rose by 1160 % year-on-year but experienced a 231.58 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -12.5 % but a quarterly rise of 211.11 %. In summary, Oswal Agro Mills 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. 0 Cr | Rs. 0.615 Cr | Rs. 0.457 Cr | -25.69 % | 0 % |
Expenses | Rs. 1.68 Cr | Rs. 1.93 Cr | Rs. 1.45 Cr | -24.87 % | -13.69 % |
Operating Profit | Rs. -1.68 Cr | Rs. -1.32 Cr | Rs. -0.99 Cr | + 25 % | + 41.07 % |
Net Profit | Rs. 0.3 Cr | Rs. 1.14 Cr | Rs. 3.78 Cr | + 231.58 % | + 1160 % |
EPS in Rs | Rs. 0.32 | Rs. 0.09 | Rs. 0.28 | + 211.11 % | -12.5 % |
In reviewing Oswal Agro Mills Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -25.69 % from the previous quarter. Expenses decreased by -13.69 % compared to the previous year, with a decrease of -24.87 % quarter-on-quarter. Operating Profit surged by 41.07 % annually, and saw a 25 % increase from the last quarter.
Net Profit showed yearly increase of 1160 %, and experienced a 231.58 % increase from the previous quarter. Earnings Per Share (EPS) fell by -12.5 % annually, however rose by 211.11 % compared to the last quarter. In essence, while Oswal Agro Mills Limited 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.