Apis India Q1 Results Total Income ₹78.92 crores & Operating Profit ₹7.88 crores

Apis India Q1 Results: In the first quarter of 2023, Apis India showed positive growth compared to the previous quarter (QoQ) and also year-over-year (YoY). Total revenue increased to 78.92 crores, marking a 2.45% rise from the previous quarter's 77.03 crores. This indicates a steady demand for their products. Year-over-year (YoY), this growth reflects the company’s strong position in the market. Selling and administrative expenses decreased slightly by 4.95%, from 9.59 crores to 9.11 crores. This reduction suggests that Apis India is managing its costs effectively.

Apis India also experienced a significant drop in other operating expenses, which fell by 32.17% from 15.98 crores to 10.84 crores. This reduction played a crucial role in improving the overall performance. Year-over-year (YoY), this decline in expenses helped boost the operating income, which rose by 46.90% to 7.88 crores. Furthermore, net income before taxes jumped by 56.50%, reaching 6.17 crores, while net income increased to 8.92 crores, also up 56.11%. This strong performance, both QoQ and YoY, highlights Apis India’s effective financial strategies and market resilience. The diluted normalized EPS improved significantly, rising by 55.97%, showcasing the company's overall success.

Here’s the Q1 results for Apis India presented in simple English:

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Apis India Q1 Results

Apis India Q1 Results: The Apis India financial table shows the company’s performance for the quarter ending on June 30, 2024, compared to previous quarters. The total income, which includes revenue from operations and other income, is 8,732.32 lakhs. This is higher than the previous quarter, which had 7,998.99 lakhs, indicating that the company is earning more money.

Apis India’s expenses for the quarter are 8,180.64 lakhs, which is also an increase from the previous quarter's expenses of 7,558.09 lakhs. The company has several types of expenses, such as costs for materials, employee benefits, and manufacturing expenses. Despite the higher expenses, Apis India made a profit of 551.68 lakhs before tax.

Apis India’s After paying taxes, the profit decreases to 391.03 lakhs. The company also reports a total comprehensive income of 391.03 lakhs after accounting for other income and expenses that are not included in the main profit calculation.

Here's the financial data:

Apis India Stock Metrics 

Apis India is a company with a market capitalization of ₹140 crore, which means this is its total market value. The current stock price is ₹254, with a high of ₹254 and a low of ₹78.2 over a specific period. Its Price-to-Earnings (P/E) ratio is 4.85, suggesting it is relatively inexpensive compared to its earnings. The book value is ₹268, indicating what shareholders would receive if the company were liquidated. 

Here's the information you provided presented in a table format:

Quarterly Results 

In the financial results for Apis India for December 2023, March 2024, and June 2024, we see some key trends. In December 2023, the company had strong sales of ₹79.09 crores and a high operating profit of ₹12.95 crores, resulting in a profit before tax of ₹11.59 crores. However, in March 2024, sales slightly dropped to ₹79.02 crores, and the operating profit fell to ₹5.80 crores, leading to a profit before tax of ₹3.72 crores. 

Here’s the data for Dec 2023, Mar 2024, and Jun 2024:

About Apis India 

Apis India is a top company in the honey trade in India, run by a family of entrepreneurs who have a lot of experience in this field. They have important certifications, including ISO 22000, which ensures food safety, along with ORGANIC and USFDA certifications. Their factory is located in Rorkee and covers 7 acres, where they can process over 100 tonnes of honey every day.

Apis India aims to provide pure and natural products for everyday use. They offer not only honey but also other products like tea, cookies, pickles, jams, and dates. This variety meets the needs of customers looking for quality packaged foods. The company also sells special types of honey, such as ginger honey and honey with nuts, which have received recognition in international markets. Overall, Apis India is dedicated to high-quality products that meet international standards for safety and excellence.