Linc Q1 Results Reach Revenue at ₹130.11 Crores & Net Income of ₹8.43 Crores

Linc Q1 Results: In the first quarter of Linc's fiscal year, the company reported various financial results that show both growth and decline. The Total Revenue for June 2024 was ₹130.11 crores, which decreased by 7.59% compared to the previous quarter (QoQ) of ₹137.29 crores in March 2023. However, year-over-year (YoY), the revenue increased by 16.29% from ₹111.88 crores in June 2023. This indicates that while there was a decline in revenue from the last quarter, the company has improved its revenue compared to the same quarter last year.

Linc’s Net Income also reflects this trend. In June 2024, Linc's net income was ₹8.43 crores, a significant decrease of 27.03% QoQ from ₹12.33 crores in March 2023. Yet, year-over-year, this net income shows growth, as it increased by 14.16% from ₹7.38 crores in June 2023. Similarly, the Diluted Normalized EPS dropped by 27.03% QoQ to ₹5.67 from ₹8.28 in the previous quarter, but there was a 14.08% increase YoY from ₹4.97. Overall, while Linc faced some challenges this quarter, it still shows a strong performance compared to the same period last year.

Here are the summarized quarterly financial results for Linc for Q1, presented in a clear and simple table format:

(₹ in Crores)

Source: Here 

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Linc Q1 Results

The financial results for Linc provide a clear picture of the company's performance for the quarter ending June 30, 2024, compared to the previous year and the previous financial year. The total revenue from operations was Rs. 12,775.30 lakhs, which shows an increase from Rs. 11,187.93 lakhs in the same quarter last year. Additionally, the company earned Rs. 138.19 lakhs in other income, leading to a total income of Rs. 12,913.49 lakhs for the quarter.

On the expense side, the total expenses were Rs. 11,787.98 lakhs, which also increased from Rs. 10,317.80 lakhs in the same quarter last year. The major costs included material consumed, stock purchases, and employee benefits. After accounting for all expenses, Linc reported a profit before tax of Rs. 1,125.51 lakhs, showing growth from Rs. 1,004.36 lakhs in the previous year. After deducting tax expenses of Rs. 288.57 lakhs, the net profit for the period was Rs. 836.94 lakhs, which is higher than Rs. 738.50 lakhs from the same quarter last year. The company’s earnings per share also improved, reaching Rs. 5.63. 

Here’s the financial table that summarizing the figures:

Linc Financial Performance

The Linc table shows important financial information about a company's stock. The market capitalization is ₹ 1,079 crore, which means the total value of all its shares. The current price of each share is ₹ 726. The stock reached a high of ₹ 900 and a low of ₹ 463 during a certain period. The price-to-earnings (P/E) ratio is 30.7, indicating how much investors are willing to pay for each unit of earnings. The book value is ₹ 136, showing the company's net worth per share. It also offers a dividend yield of 0.67%, meaning shareholders earn a small percentage of the stock price as a dividend. 

Here's a simple summary of the market data:

Quarterly Results 

Linc’s quarterly results from December 2023 to June 2024, we see a mix of performance indicators. Sales were Rs. 120.34 crores in December 2023, increasing to Rs. 138.46 crores in March 2024, before dropping slightly to Rs. 127.75 crores in June 2024. Expenses also rose, from Rs. 106.84 crores in December to Rs. 121.88 crores in March, then decreasing to Rs. 113.75 crores in June. Operating profit showed a good trend, peaking at Rs. 16.58 crores in March but falling to Rs. 14.00 crores in June. 

Here’s the data for December 2023, March 2024, and June 2024:

About Linc

Linc, formerly called Linc Pen & Plastics, is one of the top manufacturers of writing instruments in India. Founded in 1976, the company has built a strong reputation for quality and innovation. Linc sells its products in over 50 countries, including places in South East Asia, the Middle East, the USA, Europe, and Africa. The company offers a wide range of writing tools, such as ball pens, gel pens, roller pens, and pencils, ensuring that there is something for everyone.

Linc is also known for its unique packaging designs that make its products stand out. Moreover, Linc is the exclusive distributor of Deli, a leading stationery brand from Asia, and the famous Uni-ball pens from Japan. The company focuses on creating new and exciting products to meet the needs of customers, making it a trusted choice for writing instruments worldwide.