Anmol India Limited Reports 43% Surge in Q1 Net Profit
Anmol India Limited, a coal trading company, announced robust Q1 financial results. Revenue from operations increased by 10.8% to ₹577.36 crores. Net profit rose by 43% to ₹5.72 crores, while profit before tax grew to ₹7.65 crores. The company's earnings per share stood at ₹1.01. The results were reviewed by the Audit Committee and approved by the Board of Directors, with K R Aggarwal & Associates conducting a limited review.
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Anmol India Limited , a prominent player in the coal trading sector, has announced its financial results for the first quarter, showcasing robust growth across key financial metrics.
Revenue Growth
The company reported a significant increase in revenue from operations, which stood at ₹577.36 crores for Q1. This marks an impressive 10.8% growth compared to ₹520.93 crores recorded in the same quarter of the previous fiscal year.
Profitability Boost
Anmol India Limited's bottom line saw a substantial improvement:
- Net profit surged to ₹5.72 crores, up from ₹4.00 crores in the corresponding quarter last year, representing a remarkable 43% year-on-year increase.
- The company's profit before tax (PBT) also showed strong growth, reaching ₹7.65 crores compared to ₹5.35 crores in the same period last year.
Key Financial Highlights
| Particulars (in ₹ crores) | Q1 (Current) | Q1 (Previous) | YoY Change |
|---|---|---|---|
| Revenue from Operations | 577.36 | 520.93 | +10.8% |
| Net Profit | 5.72 | 4.00 | +43.0% |
| Profit Before Tax | 7.65 | 5.35 | +43.0% |
Per Share Performance
The earnings per share (EPS) for both basic and diluted calculations stood at ₹1.01, reflecting the company's improved profitability.
Operational Overview
Anmol India Limited continues to operate primarily in coal trading and other related items as a single business segment. The company's board meeting to approve these results was held on August 8, commencing at 3:30 PM and concluding at 5:00 PM.
Management Review
The financial results were reviewed by the Audit Committee before being approved by the Board of Directors. This process ensures transparency and adherence to regulatory requirements set by the Securities and Exchange Board of India (SEBI).
Auditor's Statement
K R Aggarwal & Associates, the company's statutory auditors, conducted a limited review of the financial results for the quarter. Their review report, which was unmodified, has been filed with the BSE Limited and the National Stock Exchange of India Limited.
Anmol India Limited's strong performance in Q1 demonstrates its resilience and growth potential in the coal trading sector. Investors and stakeholders can access more detailed information about these results on the company's website and the respective stock exchange portals.
Historical Stock Returns for Anmol
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.31% | +0.31% | +3.54% | +5.09% | -48.18% | -57.14% |
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