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BALLARPUR INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 60.7%

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BALLARPUR INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 60.7%
Mon, 5 Nov

BALLARPUR INDUSTRIES has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

BALLARPUR INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m5,8408,2449,36713.6%60.4%
Other incomeRs m10819523922.6%121.8%
TurnoverRs m5,9488,4399,60613.8%61.5%
ExpensesRs m5,5387,1237,96411.8%43.8%
Gross profitRs m3021,1211,40425.2%364.3%
DepreciationRs m704708652-7.9%-7.3%
InterestRs m2,9651,8192,15618.5%-27.3%
Profit before taxRs m-3,259-1,211-1,165
TaxRs m01131151.4%0.0%
Profit after taxRs m-3,259-1,324-1,280
Gross profit margin%5.213.615.0
Effective tax rate%0.0-9.3-9.8
Net profit margin%-54.8-15.7-13.3
* 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 60.4% on a year-on-year (YoY) basis. The expenses were up by 43.8% YoY during the same period.
  • The company's operating profit increased by 364.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.0% in 2QFY19 as against 5.2% in 2QFY18.
  • Depreciation charges declined by 7.3% and finance costs declined by 27.3% YoY, respectively.
  • Other income increased by 121.8% YoY during the quarter.
  • Net profit for the quarter increased by 60.7% YoY. Net profit margins during the quarter increased from -54.8% in 2QFY18 to -13.3% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 13.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 11.8% QoQ during the same period.
  • The company's operating profit increased by 25.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 15.0% in 2QFY19 as against 13.6% in 1QFY18.
  • Net profit for the quarter increased by 3.4% QoQ, while net profit margins increased from -15.7% in 1QFY18 to -13.3% in 2QFY19.

To see how BALLARPUR INDUSTRIES has performed over the last eight quarters, please visit here.

BALLARPUR INDUSTRIES Share Price Performance

Over the last one year, BALLARPUR INDUSTRIES share price has moved up from Rs 14.3 to Rs 6.4, registering a Loss of Rs 7.9 or around 55.2%.

Overall, the S&P BSE SENSEX is up 4.1% over the year.

Current Valuations

At the current price of Rs 6.4, the price to book value (P/BV) ratio of BALLARPUR INDUSTRIES stands at 0.2 times.

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BALLARPUR INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Up 66.6% (Quarterly Result Update)

Feb 4, 2019 | Updated on Feb 4, 2019

For the quarter ended December 2018, BALLARPUR INDUSTRIES has posted a net profit of Rs 1 bn (up 66.6% YoY). Sales on the other hand came in at Rs 10 bn (up 36.5% YoY). Read on for a complete analysis of BALLARPUR INDUSTRIES's quarterly results.

BALLARPUR INDUSTRIES Announces Quarterly Results (1QFY19); Net Profit Down 56.5% (Quarterly Result Update)

Aug 3, 2018 | Updated on Aug 3, 2018

For the quarter ended June 2018, BALLARPUR INDUSTRIES has posted a net profit of Rs 1 bn (down 56.5% YoY). Sales on the other hand came in at Rs 8 bn (up 66.8% YoY). Read on for a complete analysis of BALLARPUR INDUSTRIES's quarterly results.

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