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- KESORAM IND Announces Quarterly Results (4QFY19); Net Profit Up 113.1%
KESORAM IND Announces Quarterly Results (4QFY19); Net Profit Up 113.1%
Fri, 17 May
KESORAM IND has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:
KESORAM IND Quarterly Financials
| No. of Mths Qtr. Ending | 3 Mar-18* | 3 Dec-18* | 3 Mar-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 9,853 | 9,842 | 10,366 | 5.3% | 5.2% |
| Other income | Rs m | 326 | 201 | 327 | 63.0% | 0.4% |
| Turnover | Rs m | 10,179 | 10,043 | 10,693 | 6.5% | 5.0% |
| Expenses | Rs m | 10,235 | 9,704 | 9,149 | -5.7% | -10.6% |
| Gross profit | Rs m | -382 | 138 | 1,217 | 779.0% | |
| Depreciation | Rs m | 344 | 351 | 317 | -9.6% | -7.8% |
| Interest | Rs m | 1,202 | 1,142 | 1,139 | -0.3% | -5.3% |
| Profit before tax | Rs m | -1,602 | -1,154 | 88 | ||
| Tax | Rs m | -20 | 0 | -120 | 0.0% | |
| Profit after tax | Rs m | -1,582 | -1,154 | 208 | ||
| Gross profit margin | % | -3.9 | 1.4 | 11.7 | ||
| Effective tax rate | % | 1.2 | 0.0 | -135.8 | ||
| Net profit margin | % | -15.5 | -11.5 | 1.9 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter grew 5.2% on a year-on-year (YoY) basis. The expenses were down by 10.6% YoY during the same period.
- The company's operating profit declined by 418.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 11.7% in 4QFY19 as against 3.9% in 4QFY18.
- Depreciation charges declined by 7.8% and finance costs declined by 5.3% YoY, respectively.
- Other income increased by 0.4% YoY during the quarter.
- Net profit for the quarter increased by 113.1% YoY. Net profit margins during the quarter increased from -15.5% in 4QFY18 to 1.9% in 4QFY19.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter grew 5.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 5.7% QoQ during the same period.
- The company's operating profit increased by 779.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 11.7% in 4QFY19 as against 1.4% in 3QFY18.
- Net profit for the quarter increased by 118.0% QoQ, while net profit margins increased from -11.5% in 3QFY18 to 1.9% in 4QFY19.
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 103.7 to Rs 64.3, registering a Loss of Rs 39.5 or around 38.0%.
Overall, the S&P BSE SENSEX is up 6.2% over the year.
Current Valuations
At the current price of Rs 64.3, 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 (1QFY20); Net Profit Up 111.3% (Quarterly Result Update)
Aug 13, 2019 | Updated on Aug 13, 2019For 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 (3QFY19); Net Profit Down 167.2% (Quarterly Result Update)
Feb 22, 2019 | Updated on Feb 22, 2019For 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, 2019Here's an analysis of the annual report of KESORAM IND for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of KESORAM IND. Also includes updates on the valuation of KESORAM IND.
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