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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 16.49 % in the past year, substantial increase in net sales/revenue by 1.02 %.
- 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 171.52 %. Marginal increase in other income during this quarter, up by 43.61%.
- Profit over the Year and quarter: Significant improvement in profitability for Pix Transmissions Limited. Notable increase of 78.71 % in net profit Year to Year, Pix Transmissions Limited’s profitability increased by 7.52 % in this quarter.
- EPS over the Year and quarter: EPS increased by 78.66 % Year to Year. EPS increased by 7.56 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 102.286 Cr | Rs. 117.955 Cr | Rs. 119.153 Cr | + 1.02 % | + 16.49 % |
Expenses | Rs. 78.99 Cr | Rs. 88.22 Cr | Rs. 87.93 Cr | -0.33 % | + 11.32 % |
Operating Profit | Rs. 23.3 Cr | Rs. 29.74 Cr | Rs. 31.22 Cr | + 4.98 % | + 33.99 % |
OPM % | 22.78 % | 25.21 % | 26.2 % | + 0.99 % | + 3.42 % |
Other Income | Rs. 3.483 Cr | Rs. 6.585 Cr | Rs. 9.457 Cr | + 43.61 % | + 171.52 % |
Interest | Rs. 1.46 Cr | Rs. 0.93 Cr | Rs. 0.95 Cr | + 2.15 % | -34.93 % |
Depreciation | Rs. 5.67 Cr | Rs. 5.5 Cr | Rs. 5.88 Cr | + 6.91 % | + 3.7 % |
Profit before tax | Rs. 19.65 Cr | Rs. 29.9 Cr | Rs. 33.85 Cr | + 13.21 % | + 72.26 % |
Tax % | 26.61 % | 19.79 % | 23.87 % | + 4.08 % | -2.74 % |
Net Profit | Rs. 14.42 Cr | Rs. 23.97 Cr | Rs. 25.78 Cr | + 7.55 % | + 78.78 % |
EPS in Rs | Rs. 10.59 | Rs. 17.59 | Rs. 18.92 | + 7.56 % | + 78.66 % |
Today, we’re looking at Pix Transmissions 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 16.49 %. However, it did see a marginal increase of 1.02 % from the previous quarter. Expenses decreased slightly by -0.33 % quarter-on-quarter, aligning with the annual rise of 11.32 %. Operating profit, while up 33.99 % compared to last year, faced a quarter-on-quarter increase of 4.98 %, 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 3.42 %, but an expansion of 0.99 % sequentially. Other income rose by 43.61 % compared to the last quarter, despite an annual growth of 171.52 %. Interest expenses surged remarkably by 2.15 % from the previous quarter, yet the year-over-year decrease remains at a moderate -34.93 %. Depreciation costs climbed by 6.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.7 %. Profit before tax grew annually by 72.26 % but saw an increase from the preceding quarter by 13.21 %.
Tax expenses as a percentage of profits decreased slightly by -2.74 % compared to last year, with a more notable quarter-on-quarter increase of 4.08 %. Net profit rose by 78.78 % year-on-year but experienced a 7.55 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 78.66 % but a quarterly rise of 7.56 %. In summary, Pix Transmissions 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. 102.286 Cr | Rs. 117.955 Cr | Rs. 119.153 Cr | + 1.02 % | + 16.49 % |
Expenses | Rs. 78.99 Cr | Rs. 88.22 Cr | Rs. 87.93 Cr | -0.33 % | + 11.32 % |
Operating Profit | Rs. 23.3 Cr | Rs. 29.74 Cr | Rs. 31.22 Cr | + 4.98 % | + 33.99 % |
Net Profit | Rs. 14.42 Cr | Rs. 23.97 Cr | Rs. 25.78 Cr | + 7.55 % | + 78.78 % |
EPS in Rs | Rs. 10.59 | Rs. 17.59 | Rs. 18.92 | + 7.56 % | + 78.66 % |
In reviewing Pix Transmissions Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.49 % year-on-year growth, however, there was a minor increase of 1.02 % from the previous quarter. Expenses rose by 11.32 % compared to the previous year, with a decrease of -0.33 % quarter-on-quarter. Operating Profit surged by 33.99 % annually, and saw a 4.98 % increase from the last quarter.
Net Profit showed yearly increase of 78.78 %, and experienced a 7.55 % increase from the previous quarter. Earnings Per Share (EPS) rose by 78.66 % annually, however rose by 7.56 % compared to the last quarter. In essence, while Pix Transmissions 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.