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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’s sales declined by -2.05 % over the year, decrease in net sales/revenue by -35.39 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -59.12 %, Marginal decrease of -76.85% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vindhya Telelinks Limited. Profit dropped by -49.95 % Year to Year, Vindhya Telelinks Limited’s profitability dropped by -72.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -49.95 % Year to Year. EPS decreased by -72.82 % 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. 850.817 Cr | Rs. 1289.984 Cr | Rs. 833.398 Cr | -35.39 % | -2.05 % |
Expenses | Rs. 779.84 Cr | Rs. 1201.75 Cr | Rs. 784.31 Cr | -34.74 % | + 0.57 % |
Operating Profit | Rs. 70.98 Cr | Rs. 88.23 Cr | Rs. 49.09 Cr | -44.36 % | -30.84 % |
OPM % | 8.34 % | 6.84 % | 5.89 % | -0.95 % | -2.45 % |
Other Income | Rs. 4.596 Cr | Rs. 8.116 Cr | Rs. 1.879 Cr | -76.85 % | -59.12 % |
Interest | Rs. 19.7 Cr | Rs. 24.2 Cr | Rs. 18.4 Cr | -23.97 % | -6.6 % |
Depreciation | Rs. 5.06 Cr | Rs. 6.18 Cr | Rs. 6.05 Cr | -2.1 % | + 19.57 % |
Profit before tax | Rs. 50.82 Cr | Rs. 65.97 Cr | Rs. 26.52 Cr | -59.8 % | -47.82 % |
Tax % | 39.43 % | 55.53 % | 38.42 % | -17.11 % | -1.01 % |
Net Profit | Rs. 58.84 Cr | Rs. 108.35 Cr | Rs. 29.45 Cr | -72.82 % | -49.95 % |
EPS in Rs | Rs. 49.65 | Rs. 91.43 | Rs. 24.85 | -72.82 % | -49.95 % |
Today, we’re looking at Vindhya Telelinks Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.05 %. However, it did see a marginal slip of -35.39 % from the previous quarter. Expenses decreased slightly by -34.74 % quarter-on-quarter, aligning with the annual rise of 0.57 %. Operating profit, while down -30.84 % compared to last year, faced a quarter-on-quarter dip of -44.36 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.45 %, but a shrinkage of -0.95 % sequentially. Other income fell by -76.85 % compared to the last quarter, despite an annual decline of -59.12 %. Interest expenses dropped significantly by -23.97 % from the previous quarter, yet the year-over-year decrease remains at a moderate -6.6 %. Depreciation costs fell by -2.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.57 %. Profit before tax declined annually by -47.82 % but saw a reduction from the preceding quarter by -59.8 %.
Tax expenses as a percentage of profits decreased slightly by -1.01 % compared to last year, with a more notable quarter-on-quarter decrease of -17.11 %. Net profit fell by -49.95 % year-on-year but witnessed a -72.82 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -49.95 % but a quarterly fall of -72.82 %. In summary, Vindhya Telelinks 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. 850.817 Cr | Rs. 1289.984 Cr | Rs. 833.398 Cr | -35.39 % | -2.05 % |
Expenses | Rs. 779.84 Cr | Rs. 1201.75 Cr | Rs. 784.31 Cr | -34.74 % | + 0.57 % |
Operating Profit | Rs. 70.98 Cr | Rs. 88.23 Cr | Rs. 49.09 Cr | -44.36 % | -30.84 % |
Net Profit | Rs. 58.84 Cr | Rs. 108.35 Cr | Rs. 29.45 Cr | -72.82 % | -49.95 % |
EPS in Rs | Rs. 49.65 | Rs. 91.43 | Rs. 24.85 | -72.82 % | -49.95 % |
In reviewing Vindhya Telelinks Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.05 % year-on-year, although there was a slight dip of -35.39 % from the previous quarter. Expenses rose by 0.57 % compared to the previous year, with a decrease of -34.74 % quarter-on-quarter. Operating Profit dropped by -30.84 % annually, and saw a -44.36 % decrease from the last quarter.
Net Profit showed yearly decrease of -49.95 %, and experienced a -72.82 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -49.95 % annually, however dipped by -72.82 % compared to the last quarter. In essence, while Vindhya Telelinks Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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