KESORAM IND Announces Quarterly Results (1QFY20); Net Profit Up 111.3%

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KESORAM IND Announces Quarterly Results (1QFY20); Net Profit Up 111.3%
Tue, 13 Aug

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

KESORAM IND Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m9,31710,3669,279-10.5%-0.4%
Other incomeRs m292327158-51.7%-45.9%
TurnoverRs m9,60910,6939,437-11.7%-1.8%
ExpensesRs m8,9189,1497,934-13.3%-11.0%
Gross profitRs m3991,2171,34610.6%237.0%
DepreciationRs m3133173190.5%2.0%
InterestRs m1,0131,1391,113-2.2%9.9%
Profit before taxRs m-6348872-18.6%
TaxRs m0-12000.0%
Profit after taxRs m-63420872-65.5%
Gross profit margin%4.311.714.5
Effective tax rate%0.0-135.80.0
Net profit margin%-6.61.90.8
* 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 fell 0.4% on a year-on-year (YoY) basis. The expenses were down by 11.0% YoY during the same period.
  • The company's operating profit increased by 237.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.5% in 1QFY20 as against 4.3% in 1QFY19.
  • Depreciation charges increased by 2.0% and finance costs increased by 9.9% YoY, respectively.
  • Other income declined by 45.9% YoY during the quarter.
  • Net profit for the quarter increased by 111.3% YoY. Net profit margins during the quarter increased from -6.6% in 1QFY19 to 0.8% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 10.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 13.3% QoQ during the same period.
  • The company's operating profit increased by 10.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 14.5% in 1QFY20 as against 11.7% in 4QFY19.
  • Net profit for the quarter declined by 65.5% QoQ, while net profit margins declined from 1.9% in 4QFY19 to 0.8% in 1QFY20.

To see how KESORAM IND has performed over the last eight quarters,please visit here.

KESORAM IND Share Price Performance

Over the last one year,KESORAM IND share price has moved down from Rs 79.3 to Rs 62.7, registering a Loss of Rs 16.7 or around 21.0%.

Overall, the S&P BSE SENSEX is down 1.2% over the year.

Current Valuations

At the current price of Rs 62.7, the price to book value (P/BV) ratio of KESORAM IND stands at 1.3 times.

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KESORAM IND Announces Quarterly Results (4QFY19); Net Profit Up 113.1% (Quarterly Result Update)

May 17, 2019 | Updated on May 17, 2019

For the quarter ended March 2019, KESORAM IND has posted a net profit of Rs 208 m (up 113.1% YoY). Sales on the other hand came in at Rs 10 bn (up 5.2% YoY). Read on for a complete analysis of KESORAM IND's quarterly results.

KESORAM IND Announces Quarterly Results (3QFY19); Net Profit Down 167.2% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, KESORAM IND has posted a net profit of Rs 1 bn (down 167.2% YoY). Sales on the other hand came in at Rs 10 bn (up 11.5% YoY). Read on for a complete analysis of KESORAM IND's quarterly results.

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Jan 1, 2019 | Updated on Jan 1, 2019

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