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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -16.74 % over the year, substantial increase in net sales/revenue by 2.12 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -22.46 %, Marginal decrease of -10.63% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Polson Ltd.,. Profit dropped by -29.19 % Year to Year, Polson Ltd.,’s profitability increased by 162.09 % in this quarter.
- EPS over the Year and quarter: EPS declined by -29.18 % Year to Year. EPS increased by 162.07 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 29.664 Cr | Rs. 24.185 Cr | Rs. 24.698 Cr | + 2.12 % | -16.74 % |
Expenses | Rs. 24.76 Cr | Rs. 21.09 Cr | Rs. 20.7 Cr | -1.85 % | -16.4 % |
Operating Profit | Rs. 4.9 Cr | Rs. 3.1 Cr | Rs. 4 Cr | + 29.03 % | -18.37 % |
OPM % | 16.52 % | 12.82 % | 16.2 % | + 3.38 % | -0.32 % |
Other Income | Rs. 0.423 Cr | Rs. 0.367 Cr | Rs. 0.328 Cr | -10.63 % | -22.46 % |
Interest | Rs. 1.21 Cr | Rs. 1.02 Cr | Rs. 0.94 Cr | -7.84 % | -22.31 % |
Depreciation | Rs. 1.38 Cr | Rs. 1.37 Cr | Rs. 1.44 Cr | + 5.11 % | + 4.35 % |
Profit before tax | Rs. 2.73 Cr | Rs. 1.08 Cr | Rs. 1.95 Cr | + 80.56 % | -28.57 % |
Tax % | 26.08 % | 49.26 % | 26.46 % | -22.8 % | + 0.38 % |
Net Profit | Rs. 2.02 Cr | Rs. 0.55 Cr | Rs. 1.43 Cr | + 160 % | -29.21 % |
EPS in Rs | Rs. 168.42 | Rs. 45.51 | Rs. 119.27 | + 162.07 % | -29.18 % |
Today, we’re looking at Polson Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -16.74 %. However, it did see a marginal increase of 2.12 % from the previous quarter. Expenses decreased slightly by -1.85 % quarter-on-quarter, aligning with the annual decline of -16.4 %. Operating profit, while down -18.37 % compared to last year, faced a quarter-on-quarter increase of 29.03 %, 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 -0.32 %, but an expansion of 3.38 % sequentially. Other income fell by -10.63 % compared to the last quarter, despite an annual decline of -22.46 %. Interest expenses dropped significantly by -7.84 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.31 %. Depreciation costs climbed by 5.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.35 %. Profit before tax declined annually by -28.57 % but saw an increase from the preceding quarter by 80.56 %.
Tax expenses as a percentage of profits increased slightly by 0.38 % compared to last year, with a more notable quarter-on-quarter decrease of -22.8 %. Net profit fell by -29.21 % year-on-year but experienced a 160 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -29.18 % but a quarterly rise of 162.07 %. In summary, Polson 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. 29.664 Cr | Rs. 24.185 Cr | Rs. 24.698 Cr | + 2.12 % | -16.74 % |
Expenses | Rs. 24.76 Cr | Rs. 21.09 Cr | Rs. 20.7 Cr | -1.85 % | -16.4 % |
Operating Profit | Rs. 4.9 Cr | Rs. 3.1 Cr | Rs. 4 Cr | + 29.03 % | -18.37 % |
Net Profit | Rs. 2.02 Cr | Rs. 0.55 Cr | Rs. 1.43 Cr | + 160 % | -29.21 % |
EPS in Rs | Rs. 168.42 | Rs. 45.51 | Rs. 119.27 | + 162.07 % | -29.18 % |
In reviewing Polson Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -16.74 % year-on-year, however, there was a minor increase of 2.12 % from the previous quarter. Expenses decreased by -16.4 % compared to the previous year, with a decrease of -1.85 % quarter-on-quarter. Operating Profit dropped by -18.37 % annually, and saw a 29.03 % increase from the last quarter.
Net Profit showed yearly decrease of -29.21 %, and experienced a 160 % increase from the previous quarter. Earnings Per Share (EPS) fell by -29.18 % annually, however rose by 162.07 % compared to the last quarter. In essence, while Polson Ltd., 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.