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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -18.28 % over the year, decrease in net sales/revenue by -39.08 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -12.82 %, Marginal decrease of -3.37% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for RRIL LIMITED. Profit dropped by -41.75 % Year to Year, RRIL LIMITED’s profitability dropped by -50.89 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -41.67 % Year to Year. EPS decreased by -53.33 % 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. 19.558 Cr | Rs. 26.238 Cr | Rs. 15.983 Cr | -39.08 % | -18.28 % |
Expenses | Rs. 18.1 Cr | Rs. 24.25 Cr | Rs. 15.16 Cr | -37.48 % | -16.24 % |
Operating Profit | Rs. 1.46 Cr | Rs. 1.99 Cr | Rs. 0.82 Cr | -58.79 % | -43.84 % |
OPM % | 7.46 % | 7.58 % | 5.13 % | -2.45 % | -2.33 % |
Other Income | Rs. 1.084 Cr | Rs. 0.978 Cr | Rs. 0.945 Cr | -3.37 % | -12.82 % |
Interest | Rs. 0.45 Cr | Rs. 0.24 Cr | Rs. 0.13 Cr | -45.83 % | -71.11 % |
Depreciation | Rs. 0.34 Cr | Rs. 0.16 Cr | Rs. 0.22 Cr | + 37.5 % | -35.29 % |
Profit before tax | Rs. 1.75 Cr | Rs. 2.57 Cr | Rs. 1.42 Cr | -44.75 % | -18.86 % |
Tax % | 16.57 % | 32.36 % | 40.11 % | + 7.75 % | + 23.54 % |
Net Profit | Rs. 1.46 Cr | Rs. 1.73 Cr | Rs. 0.85 Cr | -50.87 % | -41.78 % |
EPS in Rs | Rs. 0.12 | Rs. 0.15 | Rs. 0.07 | -53.33 % | -41.67 % |
Today, we’re looking at RRIL LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -18.28 %. However, it did see a marginal slip of -39.08 % from the previous quarter. Expenses decreased slightly by -37.48 % quarter-on-quarter, aligning with the annual decline of -16.24 %. Operating profit, while down -43.84 % compared to last year, faced a quarter-on-quarter dip of -58.79 %, 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 -2.33 %, but a shrinkage of -2.45 % sequentially. Other income fell by -3.37 % compared to the last quarter, despite an annual decline of -12.82 %. Interest expenses dropped significantly by -45.83 % from the previous quarter, yet the year-over-year decrease remains at a moderate -71.11 %. Depreciation costs climbed by 37.5 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -35.29 %. Profit before tax declined annually by -18.86 % but saw a reduction from the preceding quarter by -44.75 %.
Tax expenses as a percentage of profits increased slightly by 23.54 % compared to last year, with a more notable quarter-on-quarter increase of 7.75 %. Net profit fell by -41.78 % year-on-year but witnessed a -50.87 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.67 % but a quarterly fall of -53.33 %. In summary, RRIL LIMITED’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. 19.558 Cr | Rs. 26.238 Cr | Rs. 15.983 Cr | -39.08 % | -18.28 % |
Expenses | Rs. 18.1 Cr | Rs. 24.25 Cr | Rs. 15.16 Cr | -37.48 % | -16.24 % |
Operating Profit | Rs. 1.46 Cr | Rs. 1.99 Cr | Rs. 0.82 Cr | -58.79 % | -43.84 % |
Net Profit | Rs. 1.46 Cr | Rs. 1.73 Cr | Rs. 0.85 Cr | -50.87 % | -41.78 % |
EPS in Rs | Rs. 0.12 | Rs. 0.15 | Rs. 0.07 | -53.33 % | -41.67 % |
In reviewing RRIL LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.28 % year-on-year, although there was a slight dip of -39.08 % from the previous quarter. Expenses decreased by -16.24 % compared to the previous year, with a decrease of -37.48 % quarter-on-quarter. Operating Profit dropped by -43.84 % annually, and saw a -58.79 % decrease from the last quarter.
Net Profit showed yearly decrease of -41.78 %, and experienced a -50.87 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -41.67 % annually, however dipped by -53.33 % compared to the last quarter. In essence, while RRIL LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.