Panasonic Carbon India Co’s Latest Q1 Report: Profit Up by 29.93% Year-on-Year

The comprehensive analytics outlining the performance and outlook of Panasonic Carbon India Co.Ltd‘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.

Today, we’re looking at Panasonic Carbon India Co.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 17.16 %. However, it did see a marginal increase of 18.25 % from the previous quarter. Expenses ticked up slightly by 8.83 % quarter-on-quarter, aligning with the annual rise of 7.84 %. Operating profit, while up 38.58 % compared to last year, faced a quarter-on-quarter increase of 40.05 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.52 %, but an expansion of 5.56 % sequentially. Other income rose by 5.11 % compared to the last quarter, despite an annual growth of 14.86 %. Depreciation costs fell by -15.79 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.88 %. Profit before tax grew annually by 30.19 % but saw an increase from the preceding quarter by 26.5 %.
Tax expenses as a percentage of profits increased slightly by 0.09 % compared to last year, with a more notable quarter-on-quarter decrease of -1.24 %. Net profit rose by 29.93 % year-on-year but experienced a 28.82 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 30.03 % but a quarterly rise of 28.69 %. In summary, Panasonic Carbon India Co.Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Panasonic Carbon India Co.Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.16 % year-on-year growth, however, there was a minor increase of 18.25 % from the previous quarter. Expenses rose by 7.84 % compared to the previous year, with a 8.83 % increase quarter-on-quarter. Operating Profit surged by 38.58 % annually, and saw a 40.05 % increase from the last quarter.
Net Profit showed yearly increase of 29.93 %, and experienced a 28.82 % increase from the previous quarter. Earnings Per Share (EPS) rose by 30.03 % annually, however rose by 28.69 % compared to the last quarter. In essence, while Panasonic Carbon India Co.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.