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

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

KESORAM IND Announces Quarterly Results (3QFY19); Net Profit Down 167.2%
Fri, 22 Feb

KESORAM IND has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

KESORAM IND Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m8,8309,2629,8426.3%11.5%
Other incomeRs m1,582277201-27.4%-87.3%
TurnoverRs m10,4129,53810,0435.3%-3.5%
ExpensesRs m9,0949,0599,7047.1%6.7%
Gross profitRs m-678203138-31.7%
DepreciationRs m2853503510.2%23.3%
InterestRs m1,0511,0911,1424.6%8.6%
Profit before taxRs m-432-963-1,154
TaxRs m0000.0%0.0%
Profit after taxRs m-432-963-1,154
Gross profit margin%-7.72.21.4
Effective tax rate%0.00.00.0
Net profit margin%-4.1-10.1-11.5
* 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 11.5% on a year-on-year (YoY) basis. The expenses were up by 6.7% YoY during the same period.
  • The company's operating profit declined by 120.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 1.4% in 3QFY19 as against 7.7% in 3QFY18.
  • Depreciation charges increased by 23.3% and finance costs increased by 8.6% YoY, respectively.
  • Other income declined by 87.3% YoY during the quarter.
  • Net profit for the quarter declined by 167.2% YoY. Net profit margins during the quarter declined from -4.1% in 3QFY18 to -11.5% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.3% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.1% QoQ during the same period.
  • The company's operating profit declined by 31.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 1.4% in 3QFY19 as against 2.2% in 2QFY18.
  • Net profit for the quarter declined by 19.8% QoQ, while net profit margins declined from -10.1% in 2QFY18 to -11.5% in 3QFY19.

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 up from Rs 128.6 to Rs 61.4, registering a Loss of Rs 67.2 or around 52.2%.

Overall, the S&P BSE SENSEX is up 6.0% over the year.

Current Valuations

At the current price of Rs 61.4, the price to book value (P/BV) ratio of KESORAM IND stands at 1.3 times.

Equitymaster requests your view! Post a comment on "KESORAM IND Announces Quarterly Results (3QFY19); Net Profit Down 167.2%". Click here!

  

Related Views on News

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

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, KESORAM IND has posted a net profit of Rs 72 m (up 111.3% YoY). Sales on the other hand came in at Rs 9 bn (down 0.4% YoY). Read on for a complete analysis of KESORAM IND's quarterly results.

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.

More Views on News

Most Popular

Intraday Trading for a Living(Fast Profits Daily)

Feb 15, 2021

In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.

Penny Stock Master Series: The Quest for 10X Profits in 10 Years(Profit Hunter)

Feb 12, 2021

This is first of the three part master series. In these editorials, I'll show you how to earn 10X returns from a penny stock portfolio over 10 years.

Top 5 Stocks Mutual Funds Bought and Sold in January 2021(Sector Info)

Feb 16, 2021

A look at what India's top equity mutual funds bought and sold in January 2021.

I Would Recommend this Small-cap Stock Over Tesla(Profit Hunter)

Feb 16, 2021

Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

KESORAM IND SHARE PRICE


Feb 24, 2021 (Close)

TRACK KESORAM IND

  • Track your investment in KESORAM IND with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

KESORAM IND 8-QTR ANALYSIS

COMPARE KESORAM IND WITH

MARKET STATS