Share the post "Polylink Polymers (india) announced Financial Results Q1 2024-25"
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 47.5 % in the past year, substantial increase in net sales/revenue by 5.31 %.
- 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 661.29 %. Marginal increase in other income during this quarter, up by 252.24%.
- Profit over the Year and quarter: Significant improvement in profitability for Polylink Polymers (india) Ltd.. Notable increase of 218.55 % in net profit Year to Year, Polylink Polymers (india) Ltd.’s profitability increased by 10.89 % in this quarter.
- EPS over the Year and quarter: EPS increased by 233.33 % Year to Year. EPS increased by 11.11 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 15.984 Cr | Rs. 22.387 Cr | Rs. 23.576 Cr | + 5.31 % | + 47.5 % |
Expenses | Rs. 15.38 Cr | Rs. 21.01 Cr | Rs. 22.28 Cr | + 6.04 % | + 44.86 % |
Operating Profit | Rs. 0.6 Cr | Rs. 1.38 Cr | Rs. 1.3 Cr | -5.8 % | + 116.67 % |
OPM % | 3.75 % | 6.16 % | 5.51 % | -0.65 % | + 1.76 % |
Other Income | Rs. 0.031 Cr | Rs. 0.067 Cr | Rs. 0.236 Cr | + 252.24 % | + 661.29 % |
Interest | Rs. 0.02 Cr | Rs. 0.1 Cr | Rs. 0.08 Cr | -20 % | + 300 % |
Depreciation | Rs. 0.23 Cr | Rs. 0.25 Cr | Rs. 0.25 Cr | + 0 % | + 8.7 % |
Profit before tax | Rs. 0.38 Cr | Rs. 1.1 Cr | Rs. 1.21 Cr | + 10 % | + 218.42 % |
Tax % | 28.76 % | 27.72 % | 26.82 % | -0.9 % | -1.94 % |
Net Profit | Rs. 0.28 Cr | Rs. 0.79 Cr | Rs. 0.88 Cr | + 11.39 % | + 214.29 % |
EPS in Rs | Rs. 0.12 | Rs. 0.36 | Rs. 0.4 | + 11.11 % | + 233.33 % |
Today, we’re looking at Polylink Polymers (india) 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 47.5 %. However, it did see a marginal increase of 5.31 % from the previous quarter. Expenses ticked up slightly by 6.04 % quarter-on-quarter, aligning with the annual rise of 44.86 %. Operating profit, while up 116.67 % compared to last year, faced a quarter-on-quarter dip of -5.8 %, 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 1.76 %, but a shrinkage of -0.65 % sequentially. Other income rose by 252.24 % compared to the last quarter, despite an annual growth of 661.29 %. Interest expenses dropped significantly by -20 % from the previous quarter, yet the year-over-year increase remains at a moderate 300 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.7 %. Profit before tax grew annually by 218.42 % but saw an increase from the preceding quarter by 10 %.
Tax expenses as a percentage of profits decreased slightly by -1.94 % compared to last year, with a more notable quarter-on-quarter decrease of -0.9 %. Net profit rose by 214.29 % year-on-year but experienced a 11.39 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 233.33 % but a quarterly rise of 11.11 %. In summary, Polylink Polymers (india) 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. 15.984 Cr | Rs. 22.387 Cr | Rs. 23.576 Cr | + 5.31 % | + 47.5 % |
Expenses | Rs. 15.38 Cr | Rs. 21.01 Cr | Rs. 22.28 Cr | + 6.04 % | + 44.86 % |
Operating Profit | Rs. 0.6 Cr | Rs. 1.38 Cr | Rs. 1.3 Cr | -5.8 % | + 116.67 % |
Net Profit | Rs. 0.28 Cr | Rs. 0.79 Cr | Rs. 0.88 Cr | + 11.39 % | + 214.29 % |
EPS in Rs | Rs. 0.12 | Rs. 0.36 | Rs. 0.4 | + 11.11 % | + 233.33 % |
In reviewing Polylink Polymers (india) Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 47.5 % year-on-year growth, however, there was a minor increase of 5.31 % from the previous quarter. Expenses rose by 44.86 % compared to the previous year, with a 6.04 % increase quarter-on-quarter. Operating Profit surged by 116.67 % annually, and saw a -5.8 % decrease from the last quarter.
Net Profit showed yearly increase of 214.29 %, and experienced a 11.39 % increase from the previous quarter. Earnings Per Share (EPS) rose by 233.33 % annually, however rose by 11.11 % compared to the last quarter. In essence, while Polylink Polymers (india) 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.
[my_shortcode1 values=”Polylink Polymers (india) “]