Share the post "Vishnu Chemicals announced Financial Results Q1 2024-25"
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 12.68 % in the past year, substantial increase in net sales/revenue by 12.82 %.
- 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 22.54 %. Marginal decrease of -14.29% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Vishnu Chemicals Limited. Notable increase of 6.44 % in net profit Year to Year, Vishnu Chemicals Limited’s profitability increased by 9.86 % in this quarter.
- EPS over the Year and quarter: EPS declined by -2.92 % Year to Year. EPS increased by 9.93 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 300.729 Cr | Rs. 300.355 Cr | Rs. 338.871 Cr | + 12.82 % | + 12.68 % |
Expenses | Rs. 249.62 Cr | Rs. 236.82 Cr | Rs. 283.25 Cr | + 19.61 % | + 13.47 % |
Operating Profit | Rs. 51.11 Cr | Rs. 63.54 Cr | Rs. 55.62 Cr | -12.46 % | + 8.82 % |
OPM % | 17 % | 21.15 % | 16.41 % | -4.74 % | -0.59 % |
Other Income | Rs. 2.227 Cr | Rs. 3.184 Cr | Rs. 2.729 Cr | -14.29 % | + 22.54 % |
Interest | Rs. 9.16 Cr | Rs. 9.24 Cr | Rs. 9.12 Cr | -1.3 % | -0.44 % |
Depreciation | Rs. 7.11 Cr | Rs. 8.7 Cr | Rs. 9.14 Cr | + 5.06 % | + 28.55 % |
Profit before tax | Rs. 37.07 Cr | Rs. 48.78 Cr | Rs. 40.09 Cr | -17.81 % | + 8.15 % |
Tax % | 22.78 % | 43.14 % | 24 % | -19.14 % | + 1.22 % |
Net Profit | Rs. 28.62 Cr | Rs. 27.73 Cr | Rs. 30.47 Cr | + 9.88 % | + 6.46 % |
EPS in Rs | Rs. 4.79 | Rs. 4.23 | Rs. 4.65 | + 9.93 % | -2.92 % |
Today, we’re looking at Vishnu Chemicals 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 12.68 %. However, it did see a marginal increase of 12.82 % from the previous quarter. Expenses ticked up slightly by 19.61 % quarter-on-quarter, aligning with the annual rise of 13.47 %. Operating profit, while up 8.82 % compared to last year, faced a quarter-on-quarter dip of -12.46 %, 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 -0.59 %, but a shrinkage of -4.74 % sequentially. Other income fell by -14.29 % compared to the last quarter, despite an annual growth of 22.54 %. Interest expenses dropped significantly by -1.3 % from the previous quarter, yet the year-over-year decrease remains at a moderate -0.44 %. Depreciation costs climbed by 5.06 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.55 %. Profit before tax grew annually by 8.15 % but saw a reduction from the preceding quarter by -17.81 %.
Tax expenses as a percentage of profits increased slightly by 1.22 % compared to last year, with a more notable quarter-on-quarter decrease of -19.14 %. Net profit rose by 6.46 % year-on-year but experienced a 9.88 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -2.92 % but a quarterly rise of 9.93 %. In summary, Vishnu Chemicals 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. 300.729 Cr | Rs. 300.355 Cr | Rs. 338.871 Cr | + 12.82 % | + 12.68 % |
Expenses | Rs. 249.62 Cr | Rs. 236.82 Cr | Rs. 283.25 Cr | + 19.61 % | + 13.47 % |
Operating Profit | Rs. 51.11 Cr | Rs. 63.54 Cr | Rs. 55.62 Cr | -12.46 % | + 8.82 % |
Net Profit | Rs. 28.62 Cr | Rs. 27.73 Cr | Rs. 30.47 Cr | + 9.88 % | + 6.46 % |
EPS in Rs | Rs. 4.79 | Rs. 4.23 | Rs. 4.65 | + 9.93 % | -2.92 % |
In reviewing Vishnu Chemicals Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.68 % year-on-year growth, however, there was a minor increase of 12.82 % from the previous quarter. Expenses rose by 13.47 % compared to the previous year, with a 19.61 % increase quarter-on-quarter. Operating Profit surged by 8.82 % annually, and saw a -12.46 % decrease from the last quarter.
Net Profit showed yearly increase of 6.46 %, and experienced a 9.88 % increase from the previous quarter. Earnings Per Share (EPS) fell by -2.92 % annually, however rose by 9.93 % compared to the last quarter. In essence, while Vishnu Chemicals Limited 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=”Vishnu Chemicals “]