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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 experienced a substantial growth of 66.46 % in the past year, substantial increase in net sales/revenue by 99.54 %.
- 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 181.82 %. Marginal increase in other income during this quarter, up by 93.75%.
- Profit over the Year and quarter: Significant improvement in profitability for Poona Dal And Oil Industries Ltd.. Notable increase of 53.85 % in net profit Year to Year, Poona Dal And Oil Industries Ltd.’s profitability increased by 10.17 % in this quarter.
- EPS over the Year and quarter: EPS increased by 53.33 % Year to Year. EPS increased by 12.2 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 27.558 Cr | Rs. 22.99 Cr | Rs. 45.874 Cr | + 99.54 % | + 66.46 % |
Expenses | Rs. 27.31 Cr | Rs. 22.58 Cr | Rs. 45.51 Cr | + 101.55 % | + 66.64 % |
Operating Profit | Rs. 0.25 Cr | Rs. 0.41 Cr | Rs. 0.36 Cr | -12.2 % | + 44 % |
OPM % | 0.91 % | 1.78 % | 0.78 % | -1 % | -0.13 % |
Other Income | Rs. 0.022 Cr | Rs. 0.032 Cr | Rs. 0.062 Cr | + 93.75 % | + 181.82 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.11 Cr | Rs. 0.06 Cr | -45.45 % | + 20 % |
Profit before tax | Rs. 0.22 Cr | Rs. 0.33 Cr | Rs. 0.36 Cr | + 9.09 % | + 63.64 % |
Tax % | 26.2 % | 28.7 % | 27.78 % | -0.92 % | + 1.58 % |
Net Profit | Rs. 0.17 Cr | Rs. 0.24 Cr | Rs. 0.26 Cr | + 8.33 % | + 52.94 % |
EPS in Rs | Rs. 0.3 | Rs. 0.41 | Rs. 0.46 | + 12.2 % | + 53.33 % |
Today, we’re looking at Poona Dal And Oil Industries 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 66.46 %. However, it did see a marginal increase of 99.54 % from the previous quarter. Expenses ticked up slightly by 101.55 % quarter-on-quarter, aligning with the annual rise of 66.64 %. Operating profit, while up 44 % compared to last year, faced a quarter-on-quarter dip of -12.2 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.13 %, but a shrinkage of -1 % sequentially. Other income rose by 93.75 % compared to the last quarter, despite an annual growth of 181.82 %. Depreciation costs fell by -45.45 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20 %. Profit before tax grew annually by 63.64 % but saw an increase from the preceding quarter by 9.09 %.
Tax expenses as a percentage of profits increased slightly by 1.58 % compared to last year, with a more notable quarter-on-quarter decrease of -0.92 %. Net profit rose by 52.94 % year-on-year but experienced a 8.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 53.33 % but a quarterly rise of 12.2 %. In summary, Poona Dal And Oil Industries 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. 27.558 Cr | Rs. 22.99 Cr | Rs. 45.874 Cr | + 99.54 % | + 66.46 % |
Expenses | Rs. 27.31 Cr | Rs. 22.58 Cr | Rs. 45.51 Cr | + 101.55 % | + 66.64 % |
Operating Profit | Rs. 0.25 Cr | Rs. 0.41 Cr | Rs. 0.36 Cr | -12.2 % | + 44 % |
Net Profit | Rs. 0.17 Cr | Rs. 0.24 Cr | Rs. 0.26 Cr | + 8.33 % | + 52.94 % |
EPS in Rs | Rs. 0.3 | Rs. 0.41 | Rs. 0.46 | + 12.2 % | + 53.33 % |
In reviewing Poona Dal And Oil Industries Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 66.46 % year-on-year growth, however, there was a minor increase of 99.54 % from the previous quarter. Expenses rose by 66.64 % compared to the previous year, with a 101.55 % increase quarter-on-quarter. Operating Profit surged by 44 % annually, and saw a -12.2 % decrease from the last quarter.
Net Profit showed yearly increase of 52.94 %, and experienced a 8.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 53.33 % annually, however rose by 12.2 % compared to the last quarter. In essence, while Poona Dal And Oil Industries 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.
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