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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 18.77 % in the past year, substantial increase in net sales/revenue by 1.88 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 38.19 %. Marginal increase in other income during this quarter, up by 14.62%.
- Profit over the Year and quarter: Significant improvement in profitability for Indian Energy Exchange Limited. Notable increase of 27.18 % in net profit Year to Year, Indian Energy Exchange Limited’s profitability dropped by -0.25 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 27.06 % Year to Year. EPS decreased by -0.92 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 104.037 Cr | Rs. 121.284 Cr | Rs. 123.562 Cr | + 1.88 % | + 18.77 % |
| Expenses | Rs. 22.49 Cr | Rs. 16.71 Cr | Rs. 24.22 Cr | + 44.94 % | + 7.69 % |
| Operating Profit | Rs. 81.55 Cr | Rs. 104.57 Cr | Rs. 99.34 Cr | -5 % | + 21.81 % |
| OPM % | 78.39 % | 86.22 % | 80.4 % | -5.82 % | + 2.01 % |
| Other Income | Rs. 24.955 Cr | Rs. 30.087 Cr | Rs. 34.486 Cr | + 14.62 % | + 38.19 % |
| Interest | Rs. 0.7 Cr | Rs. 0.72 Cr | Rs. 0.67 Cr | -6.94 % | -4.29 % |
| Depreciation | Rs. 5 Cr | Rs. 5.22 Cr | Rs. 5.24 Cr | + 0.38 % | + 4.8 % |
| Profit before tax | Rs. 100.81 Cr | Rs. 128.72 Cr | Rs. 127.92 Cr | -0.62 % | + 26.89 % |
| Tax % | 25.18 % | 25.29 % | 25.32 % | + 0.03 % | + 0.14 % |
| Net Profit | Rs. 75.83 Cr | Rs. 96.69 Cr | Rs. 96.44 Cr | -0.26 % | + 27.18 % |
| EPS in Rs | Rs. 0.85 | Rs. 1.09 | Rs. 1.08 | -0.92 % | + 27.06 % |
Today, we’re looking at Indian Energy Exchange Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.77 %. However, it did see a marginal increase of 1.88 % from the previous quarter. Expenses ticked up slightly by 44.94 % quarter-on-quarter, aligning with the annual rise of 7.69 %. Operating profit, while up 21.81 % compared to last year, faced a quarter-on-quarter dip of -5 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.01 %, but a shrinkage of -5.82 % sequentially. Other income rose by 14.62 % compared to the last quarter, despite an annual growth of 38.19 %. Interest expenses dropped significantly by -6.94 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.29 %. Depreciation costs climbed by 0.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.8 %. Profit before tax grew annually by 26.89 % but saw a reduction from the preceding quarter by -0.62 %.
Tax expenses as a percentage of profits increased slightly by 0.14 % compared to last year, with a more notable quarter-on-quarter increase of 0.03 %. Net profit rose by 27.18 % year-on-year but witnessed a -0.26 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 27.06 % but a quarterly fall of -0.92 %. In summary, Indian Energy Exchange Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 104.037 Cr | Rs. 121.284 Cr | Rs. 123.562 Cr | + 1.88 % | + 18.77 % |
| Expenses | Rs. 22.49 Cr | Rs. 16.71 Cr | Rs. 24.22 Cr | + 44.94 % | + 7.69 % |
| Operating Profit | Rs. 81.55 Cr | Rs. 104.57 Cr | Rs. 99.34 Cr | -5 % | + 21.81 % |
| Net Profit | Rs. 75.83 Cr | Rs. 96.69 Cr | Rs. 96.44 Cr | -0.26 % | + 27.18 % |
| EPS in Rs | Rs. 0.85 | Rs. 1.09 | Rs. 1.08 | -0.92 % | + 27.06 % |
In reviewing Indian Energy Exchange Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.77 % year-on-year growth, however, there was a minor increase of 1.88 % from the previous quarter. Expenses rose by 7.69 % compared to the previous year, with a 44.94 % increase quarter-on-quarter. Operating Profit surged by 21.81 % annually, and saw a -5 % decrease from the last quarter.
Net Profit showed yearly increase of 27.18 %, and experienced a -0.26 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 27.06 % annually, however dipped by -0.92 % compared to the last quarter. In essence, while Indian Energy Exchange Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
