Share the post "SHRI VASUPRADA PLANTATIONS ‘s Q1 Financial results: Revenue Grows by 9.08% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 9.08 % in the past year, substantial increase in net sales/revenue by 72.14 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -73.11 %, Marginal increase in other income during this quarter, up by 133.57%.
- Profit over the Year and quarter: Significant improvement in profitability for SHRI VASUPRADA PLANTATIONS LIMITED. Notable increase of 25.7 % in net profit Year to Year, SHRI VASUPRADA PLANTATIONS LIMITED’s profitability increased by 10.81 % in this quarter.
- EPS over the Year and quarter: EPS increased by 25.71 % Year to Year. EPS increased by 10.88 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 25.146 Cr | Rs. 15.934 Cr | Rs. 27.428 Cr | + 72.14 % | + 9.08 % |
| Expenses | Rs. 31.28 Cr | Rs. 18.65 Cr | Rs. 32.87 Cr | + 76.25 % | + 5.08 % |
| Operating Profit | Rs. -6.13 Cr | Rs. -2.72 Cr | Rs. -5.44 Cr | -100 % | + 11.26 % |
| OPM % | -24.38 % | -17.07 % | -19.83 % | -2.76 % | + 4.55 % |
| Other Income | Rs. 2.428 Cr | Rs. -1.945 Cr | Rs. 0.653 Cr | + 133.57 % | -73.11 % |
| Interest | Rs. 1.47 Cr | Rs. 1.28 Cr | Rs. 1.91 Cr | + 49.22 % | + 29.93 % |
| Depreciation | Rs. 1.77 Cr | Rs. 1.91 Cr | Rs. 1.73 Cr | -9.42 % | -2.26 % |
| Profit before tax | Rs. -6.94 Cr | Rs. -7.86 Cr | Rs. -8.43 Cr | -7.25 % | -21.47 % |
| Tax % | -7.12 % | -6.92 % | -3.86 % | + 3.06 % | + 3.26 % |
| Net Profit | Rs. -6.44 Cr | Rs. -7.31 Cr | Rs. -8.1 Cr | -10.81 % | -25.78 % |
| EPS in Rs | Rs. -7.78 | Rs. -8.82 | Rs. -9.78 | -10.88 % | -25.71 % |
Today, we’re looking at SHRI VASUPRADA PLANTATIONS LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 9.08 %. However, it did see a marginal increase of 72.14 % from the previous quarter. Expenses ticked up slightly by 76.25 % quarter-on-quarter, aligning with the annual rise of 5.08 %. Operating profit, while up 11.26 % compared to last year, faced a quarter-on-quarter dip of -100 %, 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 4.55 %, but a shrinkage of -2.76 % sequentially. Other income rose by 133.57 % compared to the last quarter, despite an annual decline of -73.11 %. Interest expenses surged remarkably by 49.22 % from the previous quarter, yet the year-over-year increase remains at a moderate 29.93 %. Depreciation costs fell by -9.42 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.26 %. Profit before tax declined annually by -21.47 % but saw a reduction from the preceding quarter by -7.25 %.
Tax expenses as a percentage of profits increased slightly by 3.26 % compared to last year, with a more notable quarter-on-quarter increase of 3.06 %. Net profit fell by -25.78 % year-on-year but witnessed a -10.81 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -25.71 % but a quarterly fall of -10.88 %. In summary, SHRI VASUPRADA PLANTATIONS 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. 25.146 Cr | Rs. 15.934 Cr | Rs. 27.428 Cr | + 72.14 % | + 9.08 % |
| Expenses | Rs. 31.28 Cr | Rs. 18.65 Cr | Rs. 32.87 Cr | + 76.25 % | + 5.08 % |
| Operating Profit | Rs. -6.13 Cr | Rs. -2.72 Cr | Rs. -5.44 Cr | -100 % | + 11.26 % |
| Net Profit | Rs. -6.44 Cr | Rs. -7.31 Cr | Rs. -8.1 Cr | -10.81 % | -25.78 % |
| EPS in Rs | Rs. -7.78 | Rs. -8.82 | Rs. -9.78 | -10.88 % | -25.71 % |
In reviewing SHRI VASUPRADA PLANTATIONS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.08 % year-on-year growth, however, there was a minor increase of 72.14 % from the previous quarter. Expenses rose by 5.08 % compared to the previous year, with a 76.25 % increase quarter-on-quarter. Operating Profit surged by 11.26 % annually, and saw a -100 % decrease from the last quarter.
Net Profit showed yearly decrease of -25.78 %, and experienced a -10.81 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -25.71 % annually, however dipped by -10.88 % compared to the last quarter. In essence, while SHRI VASUPRADA PLANTATIONS 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.
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