BIRLA CORPORATION Announces Quarterly Results (1QFY20); Net Profit Up 67.7%

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BIRLA CORPORATION Announces Quarterly Results (1QFY20); Net Profit Up 67.7%
Mon, 5 Aug

BIRLA CORPORATION has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

BIRLA CORPORATION Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m16,55818,72818,8380.6%13.8%
Other incomeRs m232244169-31.0%-27.3%
TurnoverRs m16,78918,97219,0070.2%13.2%
ExpensesRs m14,09415,63214,992-4.1%6.4%
Gross profitRs m2,4643,0953,84724.3%56.1%
DepreciationRs m8578298624.0%0.7%
InterestRs m9528969607.2%0.9%
Profit before taxRs m8871,6152,19235.8%147.2%
TaxRs m48333786136.2%1524.4%
Profit after taxRs m8391,2821,4069.7%67.7%
Gross profit margin%14.916.520.4
Effective tax rate%5.520.635.9
Net profit margin%5.06.87.4
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 13.8% on a year-on-year (YoY) basis. The expenses were up by 6.4% YoY during the same period.
  • The company's operating profit increased by 56.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 20.4% in 1QFY20 as against 14.9% in 1QFY19.
  • Depreciation charges increased by 0.7% and finance costs increased by 0.9% YoY, respectively.
  • Other income declined by 27.3% YoY during the quarter.
  • Net profit for the quarter increased by 67.7% YoY. Net profit margins during the quarter increased from 5.0% in 1QFY19 to 7.4% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.6% on a quarter-on-quarter (QoQ) basis. The expenses were down by 4.1% QoQ during the same period.
  • The company's operating profit increased by 24.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 20.4% in 1QFY20 as against 16.5% in 4QFY19.
  • Net profit for the quarter increased by 9.7% QoQ, while net profit margins increased from 6.8% in 4QFY19 to 7.4% in 1QFY20.

To see how BIRLA CORPORATION has performed over the last eight quarters,please visit here.

BIRLA CORPORATION Share Price Performance

Over the last one year,BIRLA CORPORATION share price has moved down from Rs 785.1 to Rs 570.0, registering a Loss of Rs 215.1 or around 27.4%.

Overall, the S&P BSE SENSEX is down 1.3% over the year.

Current Valuations

At the current price of Rs 570.0, the price to earnings (P/E) ratio of BIRLA CORPORATION stands at 14.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.0 times.

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BIRLA CORPORATION Announces Quarterly Results (4QFY20); Net Profit Up 51.9% (Quarterly Result Update)

May 26, 2020 | Updated on May 26, 2020

For the quarter ended March 2020, BIRLA CORPORATION has posted a net profit of Rs 2 bn (up 51.9% YoY). Sales on the other hand came in at Rs 17 bn (down 9.8% YoY). Read on for a complete analysis of BIRLA CORPORATION's quarterly results.

BIRLA CORPORATION Announces Quarterly Results (2QFY20); Net Profit Up 442.3% (Quarterly Result Update)

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For the quarter ended September 2019, BIRLA CORPORATION has posted a net profit of Rs 883 m (up 442.3% YoY). Sales on the other hand came in at Rs 16 bn (up 11.1% YoY). Read on for a complete analysis of BIRLA CORPORATION's quarterly results.

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