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Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.58 % over the year, decrease in net sales/revenue by -6.47 %.
- 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 15.81 %. Marginal increase in other income during this quarter, up by 2.66%.
- Profit over the Year and quarter: Significant improvement in profitability for PETRONET LNG LTD.. Notable increase of 23.53 % in net profit Year to Year, PETRONET LNG LTD.’s profitability dropped by -36.98 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 23.49 % Year to Year. EPS decreased by -36.96 % 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. 13873.93 Cr | Rs. 14747.21 Cr | Rs. 13793.16 Cr | -6.47 % | -0.58 % |
Expenses | Rs. 12931.4 Cr | Rs. 13041.77 Cr | Rs. 12689.6 Cr | -2.7 % | -1.87 % |
Operating Profit | Rs. 942.53 Cr | Rs. 1705.44 Cr | Rs. 1103.56 Cr | -35.29 % | + 17.08 % |
OPM % | 6.79 % | 11.56 % | 8 % | -3.56 % | + 1.21 % |
Other Income | Rs. 158.88 Cr | Rs. 179.23 Cr | Rs. 184 Cr | + 2.66 % | + 15.81 % |
Interest | Rs. 90.21 Cr | Rs. 69.67 Cr | Rs. 70.75 Cr | + 1.55 % | -21.57 % |
Depreciation | Rs. 188.57 Cr | Rs. 195.48 Cr | Rs. 194.42 Cr | -0.54 % | + 3.1 % |
Profit before tax | Rs. 822.63 Cr | Rs. 1619.52 Cr | Rs. 1022.39 Cr | -36.87 % | + 24.28 % |
Tax % | 25.64 % | 25.46 % | 26 % | + 0.54 % | + 0.36 % |
Net Profit | Rs. 618.8 Cr | Rs. 1212.98 Cr | Rs. 764.43 Cr | -36.98 % | + 23.53 % |
EPS in Rs | Rs. 4.13 | Rs. 8.09 | Rs. 5.1 | -36.96 % | + 23.49 % |
Today, we’re looking at PETRONET LNG LTD.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.58 %. However, it did see a marginal slip of -6.47 % from the previous quarter. Expenses decreased slightly by -2.7 % quarter-on-quarter, aligning with the annual decline of -1.87 %. Operating profit, while up 17.08 % compared to last year, faced a quarter-on-quarter dip of -35.29 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.21 %, but a shrinkage of -3.56 % sequentially. Other income rose by 2.66 % compared to the last quarter, despite an annual growth of 15.81 %. Interest expenses surged remarkably by 1.55 % from the previous quarter, yet the year-over-year decrease remains at a moderate -21.57 %. Depreciation costs fell by -0.54 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.1 %. Profit before tax grew annually by 24.28 % but saw a reduction from the preceding quarter by -36.87 %.
Tax expenses as a percentage of profits increased slightly by 0.36 % compared to last year, with a more notable quarter-on-quarter increase of 0.54 %. Net profit rose by 23.53 % year-on-year but witnessed a -36.98 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 23.49 % but a quarterly fall of -36.96 %. In summary, PETRONET LNG 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. 13873.93 Cr | Rs. 14747.21 Cr | Rs. 13793.16 Cr | -6.47 % | -0.58 % |
Expenses | Rs. 12931.4 Cr | Rs. 13041.77 Cr | Rs. 12689.6 Cr | -2.7 % | -1.87 % |
Operating Profit | Rs. 942.53 Cr | Rs. 1705.44 Cr | Rs. 1103.56 Cr | -35.29 % | + 17.08 % |
Net Profit | Rs. 618.8 Cr | Rs. 1212.98 Cr | Rs. 764.43 Cr | -36.98 % | + 23.53 % |
EPS in Rs | Rs. 4.13 | Rs. 8.09 | Rs. 5.1 | -36.96 % | + 23.49 % |
In reviewing PETRONET LNG LTD.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.58 % year-on-year, although there was a slight dip of -6.47 % from the previous quarter. Expenses decreased by -1.87 % compared to the previous year, with a decrease of -2.7 % quarter-on-quarter. Operating Profit surged by 17.08 % annually, and saw a -35.29 % decrease from the last quarter.
Net Profit showed yearly increase of 23.53 %, and experienced a -36.98 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 23.49 % annually, however dipped by -36.96 % compared to the last quarter. In essence, while PETRONET LNG LTD. 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.