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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 -37.27 % over the year, decrease in net sales/revenue by -44.49 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.67 %, Marginal decrease of -99.93% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for The Ravalgaon Sugar Farm Limit. Profit dropped by -43.8 % Year to Year, The Ravalgaon Sugar Farm Limit’s profitability dropped by -102.61 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -88.75 % Year to Year. EPS decreased by -102.6 % 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. 1.846 Cr | Rs. 2.086 Cr | Rs. 1.158 Cr | -44.49 % | -37.27 % |
Expenses | Rs. 2.42 Cr | Rs. 3.37 Cr | Rs. 1.63 Cr | -51.63 % | -32.64 % |
Operating Profit | Rs. -0.57 Cr | Rs. -1.28 Cr | Rs. -0.47 Cr | + 63.28 % | + 17.54 % |
OPM % | -30.88 % | -61.36 % | -40.59 % | + 20.77 % | -9.71 % |
Other Income | Rs. 0.057 Cr | Rs. 26.174 Cr | Rs. 0.019 Cr | -99.93 % | -66.67 % |
Interest | Rs. 0.36 Cr | Rs. 0.43 Cr | Rs. 0.01 Cr | -97.67 % | -97.22 % |
Depreciation | Rs. 0.06 Cr | Rs. 0.06 Cr | Rs. 0.06 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.93 Cr | Rs. 24.4 Cr | Rs. -0.52 Cr | -102.13 % | + 44.09 % |
Tax % | -0.11 % | 17.42 % | -0 % | -17.42 % | + 0.11 % |
Net Profit | Rs. -0.94 Cr | Rs. 20.15 Cr | Rs. -0.53 Cr | -102.63 % | + 43.62 % |
EPS in Rs | Rs. -137.64 | Rs. 595.21 | Rs. -15.48 | -102.6 % | + 88.75 % |
Today, we’re looking at The Ravalgaon Sugar Farm Limit’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -37.27 %. However, it did see a marginal slip of -44.49 % from the previous quarter. Expenses decreased slightly by -51.63 % quarter-on-quarter, aligning with the annual decline of -32.64 %. Operating profit, while up 17.54 % compared to last year, faced a quarter-on-quarter increase of 63.28 %, 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 -9.71 %, but an expansion of 20.77 % sequentially. Other income fell by -99.93 % compared to the last quarter, despite an annual decline of -66.67 %. Interest expenses dropped significantly by -97.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -97.22 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 44.09 % but saw a reduction from the preceding quarter by -102.13 %.
Tax expenses as a percentage of profits increased slightly by 0.11 % compared to last year, with a more notable quarter-on-quarter decrease of -17.42 %. Net profit rose by 43.62 % year-on-year but witnessed a -102.63 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 88.75 % but a quarterly fall of -102.6 %. In summary, The Ravalgaon Sugar Farm Limit’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. 1.846 Cr | Rs. 2.086 Cr | Rs. 1.158 Cr | -44.49 % | -37.27 % |
Expenses | Rs. 2.42 Cr | Rs. 3.37 Cr | Rs. 1.63 Cr | -51.63 % | -32.64 % |
Operating Profit | Rs. -0.57 Cr | Rs. -1.28 Cr | Rs. -0.47 Cr | + 63.28 % | + 17.54 % |
Net Profit | Rs. -0.94 Cr | Rs. 20.15 Cr | Rs. -0.53 Cr | -102.63 % | + 43.62 % |
EPS in Rs | Rs. -137.64 | Rs. 595.21 | Rs. -15.48 | -102.6 % | + 88.75 % |
In reviewing The Ravalgaon Sugar Farm Limit’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -37.27 % year-on-year, although there was a slight dip of -44.49 % from the previous quarter. Expenses decreased by -32.64 % compared to the previous year, with a decrease of -51.63 % quarter-on-quarter. Operating Profit surged by 17.54 % annually, and saw a 63.28 % increase from the last quarter.
Net Profit showed yearly increase of 43.62 %, and experienced a -102.63 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 88.75 % annually, however dipped by -102.6 % compared to the last quarter. In essence, while The Ravalgaon Sugar Farm Limit 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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