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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.32 % in the past year, substantial increase in net sales/revenue by 5.19 %.
- 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 7.08 %. Marginal increase in other income during this quarter, up by 2.35%.
- Profit over the Year and quarter: Significant improvement in profitability for Indian Energy Exchange Limited. Notable increase of 9.45 % in net profit Year to Year, Indian Energy Exchange Limited’s profitability increased by 5.31 % in this quarter.
- EPS over the Year and quarter: EPS increased by 10.10 % Year to Year. EPS increased by 5.83 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 107.029 Cr | Rs. 115.3 Cr | Rs. 121.284 Cr | + 5.19 % | + 13.32 % |
Expenses | Rs. 13.89 Cr | Rs. 16.52 Cr | Rs. 16.71 Cr | + 1.15 % | + 20.3 % |
Operating Profit | Rs. 93.14 Cr | Rs. 98.78 Cr | Rs. 104.57 Cr | + 5.86 % | + 12.27 % |
OPM % | 87.02 % | 85.67 % | 86.22 % | + 0.55 % | -0.8 % |
Other Income | Rs. 28.1 Cr | Rs. 29.4 Cr | Rs. 30.09 Cr | + 2.35 % | + 7.08 % |
Interest | Rs. 0.73 Cr | Rs. 0.71 Cr | Rs. 0.72 Cr | + 1.41 % | -1.37 % |
Depreciation | Rs. 4.91 Cr | Rs. 5.19 Cr | Rs. 5.22 Cr | + 0.58 % | + 6.31 % |
Profit before tax | Rs. 115.6 Cr | Rs. 122.28 Cr | Rs. 128.72 Cr | + 5.27 % | + 11.35 % |
Tax % | 24.77 % | 25.65 % | 25.29 % | -0.36 % | + 0.52 % |
Net Profit | Rs. 88.34 Cr | Rs. 91.81 Cr | Rs. 96.69 Cr | + 5.32 % | + 9.45 % |
EPS in Rs | Rs. 0.99 | Rs. 1.03 | Rs. 1.09 | + 5.83 % | + 10.1 % |
Today, we’re looking at Indian Energy Exchange 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 13.32 %. However, it did see a marginal increase of 5.19 % from the previous quarter. Expenses ticked up slightly by 1.15 % quarter-on-quarter, aligning with the annual rise of 20.3 %. Operating profit, while up 12.27 % compared to last year, faced a quarter-on-quarter increase of 5.86 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.8 %, but an expansion of 0.55 % sequentially. Other income rose by 2.35 % compared to the last quarter, despite an annual growth of 7.08 %. Interest expenses surged remarkably by 1.41 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.37 %. Depreciation costs climbed by 0.58 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.31 %. Profit before tax grew annually by 11.35 % but saw an increase from the preceding quarter by 5.27 %.
Tax expenses as a percentage of profits increased slightly by 0.52 % compared to last year, with a more notable quarter-on-quarter decrease of -0.36 %. Net profit rose by 9.45 % year-on-year but experienced a 5.32 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 10.1 % but a quarterly rise of 5.83 %. In summary, Indian Energy Exchange 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. 107.029 Cr | Rs. 115.3 Cr | Rs. 121.284 Cr | + 5.19 % | + 13.32 % |
Expenses | Rs. 13.89 Cr | Rs. 16.52 Cr | Rs. 16.71 Cr | + 1.15 % | + 20.3 % |
Operating Profit | Rs. 93.14 Cr | Rs. 98.78 Cr | Rs. 104.57 Cr | + 5.86 % | + 12.27 % |
Net Profit | Rs. 88.34 Cr | Rs. 91.81 Cr | Rs. 96.69 Cr | + 5.32 % | + 9.45 % |
EPS in Rs | Rs. 0.99 | Rs. 1.03 | Rs. 1.09 | + 5.83 % | + 10.1 % |
In reviewing Indian Energy Exchange Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.32 % year-on-year growth, however, there was a minor increase of 5.19 % from the previous quarter. Expenses rose by 20.3 % compared to the previous year, with a 1.15 % increase quarter-on-quarter. Operating Profit surged by 12.27 % annually, and saw a 5.86 % increase from the last quarter.
Net Profit showed yearly increase of 9.45 %, and experienced a 5.32 % increase from the previous quarter. Earnings Per Share (EPS) rose by 10.1 % annually, however rose by 5.83 % compared to the last quarter. In essence, while Indian Energy Exchange 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.