Kothari Industrial Corporation Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Significant revenue growth in the latest quarter, reaching ₹6.01 crore, up from ₹1.95 crore in the previous quarter.
Net profit turned positive in Q3 2023 at ₹64.34 crore, a remarkable recovery from losses in earlier quarters.
Operating profit margin improved, indicating better cost management and operational efficiency compared to prior periods.

NEGATIVES

Expenses rose sharply in the latest quarter, increasing to ₹7.33 crore, which could pressure future profitability.
Profit before tax remains volatile, with fluctuations causing uncertainty for investors.
Subsequent quarters show a trend of declining profitability, with a forecasted net profit of ₹-3.52 crore in Q4 2024.

Field	Mar 23	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24
Revenue	4.16	1.95	6.01	2.17	3.50	13.44	21.71	25.09
Expenses	9.77	6.80	7.33	6.75	18.90	13.35	21.87	28.74
Operating Profit	-5.61	-4.84	-1.31	-4.58	-15.40	0.09	-0.16	-3.66
Other Income	-0.08	0.42	0.44	0.52	61.81	0.18	0.25	0.14
Interest	2.90	3.28	0.02	0	2.69	0.02	0.01	1.91
Depreciation	0.03	0.01	0.01	0.15	0.07	0.27	0.60	0.91
Profit Before Tax	-5.69	-4.43	64.34	-4.07	-15.52	0.27	0.09	-3.52
Tax	0	0	0	0	0	0	0	0
Net Profit	-5.69	-4.43	64.34	-4.07	-15.52	0.27	0.09	-3.52
Eps in Rs	-2.98	-3.55	51.53	-3.26	-12.43	0.22	0.02	-0.83