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- PAGE INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 11.1%
PAGE INDUSTRIES Announces Quarterly Results (1QFY20); Net Profit Down 11.1%
Tue, 13 Aug
PAGE INDUSTRIES has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:
PAGE INDUSTRIES Quarterly Financials
| No. of Mths Qtr. Ending | 3 Jun-18* | 3 Mar-19* | 3 Jun-19* | QoQ Change | YoY Change | |
|---|---|---|---|---|---|---|
| Net Sales | Rs m | 8,153 | 6,079 | 8,350 | 37.4% | 2.4% |
| Other income | Rs m | 72 | 87 | 55 | -36.8% | -23.4% |
| Turnover | Rs m | 8,224 | 6,166 | 8,405 | 36.3% | 2.2% |
| Expenses | Rs m | 6,260 | 4,882 | 6,483 | 32.8% | 3.6% |
| Gross profit | Rs m | 1,893 | 1,197 | 1,866 | 55.9% | -1.4% |
| Depreciation | Rs m | 72 | 80 | 140 | 74.6% | 92.9% |
| Interest | Rs m | 40 | 41 | 83 | 101.9% | 109.3% |
| Profit before tax | Rs m | 1,852 | 1,163 | 1,699 | 46.1% | -8.3% |
| Tax | Rs m | 608 | 413 | 592 | 43.3% | -2.7% |
| Profit after tax | Rs m | 1,244 | 750 | 1,107 | 47.6% | -11.1% |
| Gross profit margin | % | 23.2 | 19.7 | 22.4 | ||
| Effective tax rate | % | 32.8 | 35.5 | 34.8 | ||
| Net profit margin | % | 15.1 | 12.2 | 13.2 |
Interim results exclude extraordinary / exceptional items
Year-on-Year Performance:
- The company's operating income during the quarter grew 2.4% on a year-on-year (YoY) basis. The expenses were up by 3.6% YoY during the same period.
- The company's operating profit declined by 1.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 22.4% in 1QFY20 as against 23.2% in 1QFY19.
- Depreciation charges increased by 92.9% and finance costs increased by 109.3% YoY, respectively.
- Other income declined by 23.4% YoY during the quarter.
- Net profit for the quarter declined by 11.1% YoY. Net profit margins during the quarter declined from 15.1% in 1QFY19 to 13.2% in 1QFY20.
Quarter-on-Quarter Performance:
- The company's operating income during the quarter grew 37.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 32.8% QoQ during the same period.
- The company's operating profit increased by 55.9% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 22.4% in 1QFY20 as against 19.7% in 4QFY19.
- Net profit for the quarter increased by 47.6% QoQ, while net profit margins increased from 12.2% in 4QFY19 to 13.2% in 1QFY20.
To see how PAGE INDUSTRIES has performed over the last eight quarters,please visit here.
PAGE INDUSTRIES Share Price Performance
Over the last one year,PAGE INDUSTRIES share price has moved down from Rs 32,312.4 to Rs 18,202.0, registering a Loss of Rs 14,110.4 or around 43.7%.
Overall, the S&P BSE SENSEX is down 1.3% over the year.
Current Valuations
At the current price of Rs 18,202.0, the price to earnings (P/E) ratio of PAGE INDUSTRIES stands at 53.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 24.0 times.
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PAGE INDUSTRIES Announces Quarterly Results (3QFY21); Net Profit Up 76.6% (Quarterly Result Update)
Feb 11, 2021 | Updated on Feb 11, 2021For the quarter ended December 2020, PAGE INDUSTRIES has posted a net profit of Rs 2 bn (up 76.6% YoY). Sales on the other hand came in at Rs 9 bn (up 16.8% YoY). Read on for a complete analysis of PAGE INDUSTRIES's quarterly results.
PAGE INDUSTRIES 2019-20 Annual Report Analysis (Annual Result Update)
Dec 9, 2020 | Updated on Dec 9, 2020Here's an analysis of the annual report of PAGE INDUSTRIES for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of PAGE INDUSTRIES. Also includes updates on the valuation of PAGE INDUSTRIES.
PAGE INDUSTRIES Announces Quarterly Results (3QFY20); Net Profit Down 14.6% (Quarterly Result Update)
Feb 14, 2020 | Updated on Feb 14, 2020For the quarter ended December 2019, PAGE INDUSTRIES has posted a net profit of Rs 870 m (down 14.6% YoY). Sales on the other hand came in at Rs 8 bn (up 7.5% YoY). Read on for a complete analysis of PAGE INDUSTRIES's quarterly results.
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