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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’s sales declined by -4.37 % over the year, substantial increase in net sales/revenue by 17.78 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -91.23 %, Marginal decrease of -99.37% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Incap Ltd. Notable increase of 51.32 % in net profit Year to Year, Incap Ltd’s profitability increased by 858.33 % in this quarter.
- EPS over the Year and quarter:
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4.877 Cr | Rs. 3.96 Cr | Rs. 4.664 Cr | + 17.78 % | -4.37 % |
| Expenses | Rs. 4.66 Cr | Rs. 4.27 Cr | Rs. 4.32 Cr | + 1.17 % | -7.3 % |
| Operating Profit | Rs. 0.22 Cr | Rs. -0.31 Cr | Rs. 0.34 Cr | + 209.68 % | + 54.55 % |
| OPM % | 4.51 % | -7.83 % | 7.29 % | + 15.12 % | + 2.78 % |
| Other Income | Rs. 0.057 Cr | Rs. 0.797 Cr | Rs. 0.005 Cr | -99.37 % | -91.23 % |
| Interest | Rs. 0.05 Cr | Rs. 0.06 Cr | Rs. 0.03 Cr | -50 % | -40 % |
| Depreciation | Rs. 0.08 Cr | Rs. 0.15 Cr | Rs. 0.09 Cr | -40 % | + 12.5 % |
| Profit before tax | Rs. 0.15 Cr | Rs. 0.28 Cr | Rs. 0.23 Cr | -17.86 % | + 53.33 % |
| Tax % | 0 % | 91.27 % | 0 % | -91.27 % | 0 % |
| Net Profit | Rs. 0.15 Cr | Rs. 0.02 Cr | Rs. 0.23 Cr | + 1050 % | + 53.33 % |
| EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Incap Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -4.37 %. However, it did see a marginal increase of 17.78 % from the previous quarter. Expenses ticked up slightly by 1.17 % quarter-on-quarter, aligning with the annual decline of -7.3 %. Operating profit, while up 54.55 % compared to last year, faced a quarter-on-quarter increase of 209.68 %, 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 2.78 %, but an expansion of 15.12 % sequentially. Other income fell by -99.37 % compared to the last quarter, despite an annual decline of -91.23 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -40 %. Depreciation costs fell by -40 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.5 %. Profit before tax grew annually by 53.33 % but saw a reduction from the preceding quarter by -17.86 %.
with a more notable quarter-on-quarter decrease of -91.27 %. Net profit rose by 53.33 % year-on-year but experienced a 1050 % expansion from the last quarter. In summary, Incap Ltd’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. 4.877 Cr | Rs. 3.96 Cr | Rs. 4.664 Cr | + 17.78 % | -4.37 % |
| Expenses | Rs. 4.66 Cr | Rs. 4.27 Cr | Rs. 4.32 Cr | + 1.17 % | -7.3 % |
| Operating Profit | Rs. 0.22 Cr | Rs. -0.31 Cr | Rs. 0.34 Cr | + 209.68 % | + 54.55 % |
| Net Profit | Rs. 0.15 Cr | Rs. 0.02 Cr | Rs. 0.23 Cr | + 1050 % | + 53.33 % |
| EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0 | 0 % | 0 % |
In reviewing Incap Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.37 % year-on-year, however, there was a minor increase of 17.78 % from the previous quarter. Expenses decreased by -7.3 % compared to the previous year, with a 1.17 % increase quarter-on-quarter. Operating Profit surged by 54.55 % annually, and saw a 209.68 % increase from the last quarter.
Net Profit showed yearly increase of 53.33 %, and experienced a 1050 % increase from the previous quarter. In essence, while Incap Ltd 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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