Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3226.92 % in the past year, substantial increase in net sales/revenue by 550.38 %.
- 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 69.14 %. Marginal increase in other income during this quarter, up by 179.59%.
- Profit over the Year and quarter: Challenges in sustaining profitability for QUEST SOFTECH (INDIA) LIMITED. Profit dropped by -35.38 % Year to Year, QUEST SOFTECH (INDIA) LIMITED’s profitability dropped by -70.17 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -39.29 % Year to Year. EPS decreased by -71.67 % 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. 0.026 Cr | Rs. 0.133 Cr | Rs. 0.865 Cr | + 550.38 % | + 3226.92 % |
Expenses | Rs. 0.29 Cr | Rs. 0.58 Cr | Rs. 0.97 Cr | + 67.24 % | + 234.48 % |
Operating Profit | Rs. -0.26 Cr | Rs. -0.45 Cr | Rs. -0.11 Cr | + 75.56 % | + 57.69 % |
OPM % | -1000 % | -338.35 % | -12.72 % | + 325.63 % | + 987.28 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
Interest | Rs. 0.01 Cr | Rs. 0.14 Cr | Rs. 0.12 Cr | -14.29 % | + 1100 % |
Depreciation | Rs. 0 Cr | Rs. 0.02 Cr | Rs. 0.06 Cr | + 200 % | 0 % |
Profit before tax | Rs. -0.27 Cr | Rs. -0.61 Cr | Rs. -0.26 Cr | + 57.38 % | + 3.7 % |
Tax % | -4.53 % | -0.66 % | -28.4 % | -27.74 % | -23.87 % |
Net Profit | Rs. -0.28 Cr | Rs. -0.6 Cr | Rs. -0.18 Cr | + 70 % | + 35.71 % |
EPS in Rs | Rs. -0.28 | Rs. -0.6 | Rs. -0.17 | + 71.67 % | + 39.29 % |
Today, we’re looking at QUEST SOFTECH (INDIA) LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3226.92 %. However, it did see a marginal increase of 550.38 % from the previous quarter. Expenses ticked up slightly by 67.24 % quarter-on-quarter, aligning with the annual rise of 234.48 %. Operating profit, while up 57.69 % compared to last year, faced a quarter-on-quarter increase of 75.56 %, 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 987.28 %, but an expansion of 325.63 % sequentially. Other income rose by 179.59 % compared to the last quarter, despite an annual growth of 69.14 %. Interest expenses dropped significantly by -14.29 % from the previous quarter, yet the year-over-year increase remains at a moderate 1100 %. Depreciation costs climbed by 200 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.38 %. Profit before tax grew annually by 3.7 % but saw an increase from the preceding quarter by 57.38 %.
Tax expenses as a percentage of profits decreased slightly by -23.87 % compared to last year, with a more notable quarter-on-quarter decrease of -27.74 %. Net profit rose by 35.71 % year-on-year but experienced a 70 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 39.29 % but a quarterly rise of 71.67 %. In summary, QUEST SOFTECH (INDIA) 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. 0.026 Cr | Rs. 0.133 Cr | Rs. 0.865 Cr | + 550.38 % | + 3226.92 % |
Expenses | Rs. 0.29 Cr | Rs. 0.58 Cr | Rs. 0.97 Cr | + 67.24 % | + 234.48 % |
Operating Profit | Rs. -0.26 Cr | Rs. -0.45 Cr | Rs. -0.11 Cr | + 75.56 % | + 57.69 % |
Net Profit | Rs. -0.28 Cr | Rs. -0.6 Cr | Rs. -0.18 Cr | + 70 % | + 35.71 % |
EPS in Rs | Rs. -0.28 | Rs. -0.6 | Rs. -0.17 | + 71.67 % | + 39.29 % |
In reviewing QUEST SOFTECH (INDIA) LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3226.92 % year-on-year growth, however, there was a minor increase of 550.38 % from the previous quarter. Expenses rose by 234.48 % compared to the previous year, with a 67.24 % increase quarter-on-quarter. Operating Profit surged by 57.69 % annually, and saw a 75.56 % increase from the last quarter.
Net Profit showed yearly increase of 35.71 %, and experienced a 70 % increase from the previous quarter. Earnings Per Share (EPS) rose by 39.29 % annually, however rose by 71.67 % compared to the last quarter. In essence, while QUEST SOFTECH (INDIA) 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.