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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 1.4 % in the past year, substantial increase in net sales/revenue by 3.56 %.
- 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 889.72 %. Marginal increase in other income during this quarter, up by 72.07%.
- Profit over the Year and quarter: Significant improvement in profitability for INFIBEAM AVENUES LIMITED. Notable increase of 173.49 % in net profit Year to Year, INFIBEAM AVENUES LIMITED’s profitability increased by 41.41 % in this quarter.
- EPS over the Year and quarter: EPS increased by 177.78 % Year to Year. EPS increased by 38.89 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 742.36 Cr | Rs. 726.85 Cr | Rs. 752.75 Cr | + 3.56 % | + 1.4 % |
| Expenses | Rs. 693.53 Cr | Rs. 662.34 Cr | Rs. 684.51 Cr | + 3.35 % | -1.3 % |
| Operating Profit | Rs. 48.83 Cr | Rs. 64.51 Cr | Rs. 68.24 Cr | + 5.78 % | + 39.75 % |
| OPM % | 6.58 % | 8.88 % | 9.07 % | + 0.19 % | + 2.49 % |
| Other Income | Rs. 2.82 Cr | Rs. 16.22 Cr | Rs. 27.91 Cr | + 72.07 % | + 889.72 % |
| Interest | Rs. 0.63 Cr | Rs. 0.78 Cr | Rs. 1.22 Cr | + 56.41 % | + 93.65 % |
| Depreciation | Rs. 16.47 Cr | Rs. 17.86 Cr | Rs. 17 Cr | -4.82 % | + 3.22 % |
| Profit before tax | Rs. 34.55 Cr | Rs. 62.09 Cr | Rs. 77.93 Cr | + 25.51 % | + 125.56 % |
| Tax % | 28.08 % | 20.18 % | 17.62 % | -2.56 % | -10.46 % |
| Net Profit | Rs. 25.46 Cr | Rs. 49.24 Cr | Rs. 69.63 Cr | + 41.41 % | + 173.49 % |
| EPS in Rs | Rs. 0.09 | Rs. 0.18 | Rs. 0.25 | + 38.89 % | + 177.78 % |
Today, we’re looking at INFIBEAM AVENUES 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 1.4 %. However, it did see a marginal increase of 3.56 % from the previous quarter. Expenses ticked up slightly by 3.35 % quarter-on-quarter, aligning with the annual decline of -1.3 %. Operating profit, while up 39.75 % compared to last year, faced a quarter-on-quarter increase of 5.78 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.49 %, but an expansion of 0.19 % sequentially. Other income rose by 72.07 % compared to the last quarter, despite an annual growth of 889.72 %. Interest expenses surged remarkably by 56.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 93.65 %. Depreciation costs fell by -4.82 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.22 %. Profit before tax grew annually by 125.56 % but saw an increase from the preceding quarter by 25.51 %.
Tax expenses as a percentage of profits decreased slightly by -10.46 % compared to last year, with a more notable quarter-on-quarter decrease of -2.56 %. Net profit rose by 173.49 % year-on-year but experienced a 41.41 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 177.78 % but a quarterly rise of 38.89 %. In summary, INFIBEAM AVENUES 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. 742.36 Cr | Rs. 726.85 Cr | Rs. 752.75 Cr | + 3.56 % | + 1.4 % |
| Expenses | Rs. 693.53 Cr | Rs. 662.34 Cr | Rs. 684.51 Cr | + 3.35 % | -1.3 % |
| Operating Profit | Rs. 48.83 Cr | Rs. 64.51 Cr | Rs. 68.24 Cr | + 5.78 % | + 39.75 % |
| Net Profit | Rs. 25.46 Cr | Rs. 49.24 Cr | Rs. 69.63 Cr | + 41.41 % | + 173.49 % |
| EPS in Rs | Rs. 0.09 | Rs. 0.18 | Rs. 0.25 | + 38.89 % | + 177.78 % |
In reviewing INFIBEAM AVENUES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.4 % year-on-year growth, however, there was a minor increase of 3.56 % from the previous quarter. Expenses decreased by -1.3 % compared to the previous year, with a 3.35 % increase quarter-on-quarter. Operating Profit surged by 39.75 % annually, and saw a 5.78 % increase from the last quarter.
Net Profit showed yearly increase of 173.49 %, and experienced a 41.41 % increase from the previous quarter. Earnings Per Share (EPS) rose by 177.78 % annually, however rose by 38.89 % compared to the last quarter. In essence, while INFIBEAM AVENUES LIMITED exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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