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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 132 % in the past year, substantial increase in net sales/revenue by 101.53 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -12.73 %, Marginal decrease of -94.77% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Suvidhaa Infoserve Limited. Profit dropped by -12.14 % Year to Year, Suvidhaa Infoserve Limited’s profitability increased by 15.06 % in this quarter.
- EPS over the Year and quarter: EPS declined by -13.64 % Year to Year. EPS increased by 11.76 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.819 Cr | Rs. 2.094 Cr | Rs. 4.22 Cr | + 101.53 % | + 132 % |
| Expenses | Rs. 3.21 Cr | Rs. 4.97 Cr | Rs. 5.96 Cr | + 19.92 % | + 85.67 % |
| Operating Profit | Rs. -1.39 Cr | Rs. -2.88 Cr | Rs. -1.74 Cr | + 39.58 % | -25.18 % |
| OPM % | -76.42 % | -137.54 % | -41.23 % | + 96.31 % | + 35.19 % |
| Other Income | Rs. 0.165 Cr | Rs. 2.754 Cr | Rs. 0.144 Cr | -94.77 % | -12.73 % |
| Interest | Rs. 0 Cr | Rs. 0.34 Cr | Rs. 0.09 Cr | -73.53 % | 0 % |
| Depreciation | Rs. 3.28 Cr | Rs. 2.97 Cr | Rs. 2.27 Cr | -23.57 % | -30.79 % |
| Profit before tax | Rs. -4.51 Cr | Rs. -3.44 Cr | Rs. -3.96 Cr | -15.12 % | + 12.2 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -4.5 Cr | Rs. -3.43 Cr | Rs. -3.95 Cr | -15.16 % | + 12.22 % |
| EPS in Rs | Rs. -0.22 | Rs. -0.17 | Rs. -0.19 | -11.76 % | + 13.64 % |
Today, we’re looking at Suvidhaa Infoserve 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 132 %. However, it did see a marginal increase of 101.53 % from the previous quarter. Expenses ticked up slightly by 19.92 % quarter-on-quarter, aligning with the annual rise of 85.67 %. Operating profit, while down -25.18 % compared to last year, faced a quarter-on-quarter increase of 39.58 %, 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 35.19 %, but an expansion of 96.31 % sequentially. Other income fell by -94.77 % compared to the last quarter, despite an annual decline of -12.73 %. Interest expenses dropped significantly by -73.53 % from the previous quarter, Depreciation costs fell by -23.57 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -30.79 %. Profit before tax grew annually by 12.2 % but saw a reduction from the preceding quarter by -15.12 %.
Net profit rose by 12.22 % year-on-year but witnessed a -15.16 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 13.64 % but a quarterly fall of -11.76 %. In summary, Suvidhaa Infoserve 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. 1.819 Cr | Rs. 2.094 Cr | Rs. 4.22 Cr | + 101.53 % | + 132 % |
| Expenses | Rs. 3.21 Cr | Rs. 4.97 Cr | Rs. 5.96 Cr | + 19.92 % | + 85.67 % |
| Operating Profit | Rs. -1.39 Cr | Rs. -2.88 Cr | Rs. -1.74 Cr | + 39.58 % | -25.18 % |
| Net Profit | Rs. -4.5 Cr | Rs. -3.43 Cr | Rs. -3.95 Cr | -15.16 % | + 12.22 % |
| EPS in Rs | Rs. -0.22 | Rs. -0.17 | Rs. -0.19 | -11.76 % | + 13.64 % |
In reviewing Suvidhaa Infoserve Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 132 % year-on-year growth, however, there was a minor increase of 101.53 % from the previous quarter. Expenses rose by 85.67 % compared to the previous year, with a 19.92 % increase quarter-on-quarter. Operating Profit dropped by -25.18 % annually, and saw a 39.58 % increase from the last quarter.
Net Profit showed yearly increase of 12.22 %, and experienced a -15.16 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 13.64 % annually, however dipped by -11.76 % compared to the last quarter. In essence, while Suvidhaa Infoserve 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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