Share the post "INFRONICS SYSTEMS ‘s Q1 Report: Profit Decreases by 48.24% YoY"
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 -44.53 % over the year, decrease in net sales/revenue by -39.34 %.
- 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 0 %. Marginal decrease of -93.75% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for INFRONICS SYSTEMS LIMITED. Profit dropped by -48.05 % Year to Year, INFRONICS SYSTEMS LIMITED’s profitability dropped by -46.2 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -48.60 % Year to Year. EPS decreased by -46.6 % 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. 1.426 Cr | Rs. 1.304 Cr | Rs. 0.791 Cr | -39.34 % | -44.53 % |
Expenses | Rs. 0.13 Cr | Rs. 0.14 Cr | Rs. 0.14 Cr | + 0 % | + 7.69 % |
Operating Profit | Rs. 1.3 Cr | Rs. 1.16 Cr | Rs. 0.65 Cr | -43.97 % | -50 % |
OPM % | 91.16 % | 88.96 % | 82.17 % | -6.79 % | -8.99 % |
Other Income | Rs. 0.001 Cr | Rs. 0.016 Cr | Rs. 0.001 Cr | -93.75 % | + 0 % |
Interest | Rs. 0.1 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25 % | -70 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 1.19 Cr | Rs. 1.13 Cr | Rs. 0.61 Cr | -46.02 % | -48.74 % |
Tax % | 28.75 % | 27.98 % | 27.91 % | -0.07 % | -0.84 % |
Net Profit | Rs. 0.85 Cr | Rs. 0.82 Cr | Rs. 0.44 Cr | -46.34 % | -48.24 % |
EPS in Rs | Rs. 1.07 | Rs. 1.03 | Rs. 0.55 | -46.6 % | -48.6 % |
Today, we’re looking at INFRONICS SYSTEMS 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 -44.53 %. However, it did see a marginal slip of -39.34 % from the previous quarter. Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual rise of 7.69 %. Operating profit, while down -50 % compared to last year, faced a quarter-on-quarter dip of -43.97 %, 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 -8.99 %, but a shrinkage of -6.79 % sequentially. Other income fell by -93.75 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses dropped significantly by -25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -70 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -48.74 % but saw a reduction from the preceding quarter by -46.02 %.
Tax expenses as a percentage of profits decreased slightly by -0.84 % compared to last year, with a more notable quarter-on-quarter decrease of -0.07 %. Net profit fell by -48.24 % year-on-year but witnessed a -46.34 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -48.6 % but a quarterly fall of -46.6 %. In summary, INFRONICS SYSTEMS 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. 1.426 Cr | Rs. 1.304 Cr | Rs. 0.791 Cr | -39.34 % | -44.53 % |
Expenses | Rs. 0.13 Cr | Rs. 0.14 Cr | Rs. 0.14 Cr | + 0 % | + 7.69 % |
Operating Profit | Rs. 1.3 Cr | Rs. 1.16 Cr | Rs. 0.65 Cr | -43.97 % | -50 % |
Net Profit | Rs. 0.85 Cr | Rs. 0.82 Cr | Rs. 0.44 Cr | -46.34 % | -48.24 % |
EPS in Rs | Rs. 1.07 | Rs. 1.03 | Rs. 0.55 | -46.6 % | -48.6 % |
In reviewing INFRONICS SYSTEMS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -44.53 % year-on-year, although there was a slight dip of -39.34 % from the previous quarter. Expenses rose by 7.69 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit dropped by -50 % annually, and saw a -43.97 % decrease from the last quarter.
Net Profit showed yearly decrease of -48.24 %, and experienced a -46.34 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -48.6 % annually, however dipped by -46.6 % compared to the last quarter. In essence, while INFRONICS SYSTEMS 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.
[my_shortcode1]