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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’s sales declined by -15.82 % over the year, decrease in net sales/revenue by -1.16 %.
- 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 291.63 %. Marginal increase in other income during this quarter, up by 2.84%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Xtglobal Infotech Limited. Profit dropped by -46.5 % Year to Year, Xtglobal Infotech Limited’s profitability increased by 25.15 % in this quarter.
- EPS over the Year and quarter: EPS declined by -47.37 % Year to Year. EPS increased by 25 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 57.893 Cr | Rs. 49.307 Cr | Rs. 48.737 Cr | -1.16 % | -15.82 % |
Expenses | Rs. 49.31 Cr | Rs. 44.55 Cr | Rs. 43.32 Cr | -2.76 % | -12.15 % |
Operating Profit | Rs. 8.58 Cr | Rs. 4.76 Cr | Rs. 5.42 Cr | + 13.87 % | -36.83 % |
OPM % | 14.82 % | 9.65 % | 11.12 % | + 1.47 % | -3.7 % |
Other Income | Rs. -0.454 Cr | Rs. 0.846 Cr | Rs. 0.87 Cr | + 2.84 % | + 291.63 % |
Interest | Rs. 0.66 Cr | Rs. 0.79 Cr | Rs. 0.84 Cr | + 6.33 % | + 27.27 % |
Depreciation | Rs. 2.18 Cr | Rs. 1.96 Cr | Rs. 1.98 Cr | + 1.02 % | -9.17 % |
Profit before tax | Rs. 5.29 Cr | Rs. 2.86 Cr | Rs. 3.47 Cr | + 21.33 % | -34.4 % |
Tax % | 18.65 % | 24.03 % | 25.07 % | + 1.04 % | + 6.42 % |
Net Profit | Rs. 5.07 Cr | Rs. 2.17 Cr | Rs. 2.71 Cr | + 24.88 % | -46.55 % |
EPS in Rs | Rs. 0.38 | Rs. 0.16 | Rs. 0.2 | + 25 % | -47.37 % |
Today, we’re looking at Xtglobal Infotech Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -15.82 %. However, it did see a marginal slip of -1.16 % from the previous quarter. Expenses decreased slightly by -2.76 % quarter-on-quarter, aligning with the annual decline of -12.15 %. Operating profit, while down -36.83 % compared to last year, faced a quarter-on-quarter increase of 13.87 %, 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 -3.7 %, but an expansion of 1.47 % sequentially. Other income rose by 2.84 % compared to the last quarter, despite an annual growth of 291.63 %. Interest expenses surged remarkably by 6.33 % from the previous quarter, yet the year-over-year increase remains at a moderate 27.27 %. Depreciation costs climbed by 1.02 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.17 %. Profit before tax declined annually by -34.4 % but saw an increase from the preceding quarter by 21.33 %.
Tax expenses as a percentage of profits increased slightly by 6.42 % compared to last year, with a more notable quarter-on-quarter increase of 1.04 %. Net profit fell by -46.55 % year-on-year but experienced a 24.88 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -47.37 % but a quarterly rise of 25 %. In summary, Xtglobal Infotech 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. 57.893 Cr | Rs. 49.307 Cr | Rs. 48.737 Cr | -1.16 % | -15.82 % |
Expenses | Rs. 49.31 Cr | Rs. 44.55 Cr | Rs. 43.32 Cr | -2.76 % | -12.15 % |
Operating Profit | Rs. 8.58 Cr | Rs. 4.76 Cr | Rs. 5.42 Cr | + 13.87 % | -36.83 % |
Net Profit | Rs. 5.07 Cr | Rs. 2.17 Cr | Rs. 2.71 Cr | + 24.88 % | -46.55 % |
EPS in Rs | Rs. 0.38 | Rs. 0.16 | Rs. 0.2 | + 25 % | -47.37 % |
In reviewing Xtglobal Infotech Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -15.82 % year-on-year, although there was a slight dip of -1.16 % from the previous quarter. Expenses decreased by -12.15 % compared to the previous year, with a decrease of -2.76 % quarter-on-quarter. Operating Profit dropped by -36.83 % annually, and saw a 13.87 % increase from the last quarter.
Net Profit showed yearly decrease of -46.55 %, and experienced a 24.88 % increase from the previous quarter. Earnings Per Share (EPS) fell by -47.37 % annually, however rose by 25 % compared to the last quarter. In essence, while Xtglobal Infotech Limited faces strong annual decline 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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