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Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.86 % over the year, substantial increase in net sales/revenue by 4.66 %.
- 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 136.69 %. Marginal increase in other income during this quarter, up by 73.16%.
- Profit over the Year and quarter: Significant improvement in profitability for Xchanging Solutions Limited. Notable increase of 12.34 % in net profit Year to Year, Xchanging Solutions Limited’s profitability dropped by -449.72 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 12.12 % Year to Year. EPS decreased by -446.88 % 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. 45.77 Cr | Rs. 42.48 Cr | Rs. 44.46 Cr | + 4.66 % | -2.86 % |
Expenses | Rs. 32.62 Cr | Rs. 31.17 Cr | Rs. 34.6 Cr | + 11 % | + 6.07 % |
Operating Profit | Rs. 13.15 Cr | Rs. 11.31 Cr | Rs. 9.86 Cr | -12.82 % | -25.02 % |
OPM % | 28.73 % | 26.62 % | 22.18 % | -4.44 % | -6.55 % |
Other Income | Rs. 3.38 Cr | Rs. 4.62 Cr | Rs. 8 Cr | + 73.16 % | + 136.69 % |
Interest | Rs. 0.02 Cr | Rs. 0.2 Cr | Rs. 1.63 Cr | + 715 % | + 8050 % |
Depreciation | Rs. 0.15 Cr | Rs. 0.12 Cr | Rs. 0.12 Cr | + 0 % | -20 % |
Profit before tax | Rs. 16.36 Cr | Rs. 15.61 Cr | Rs. 16.11 Cr | + 3.2 % | -1.53 % |
Tax % | 32.64 % | 122.68 % | 23.15 % | -99.53 % | -9.49 % |
Net Profit | Rs. 11.02 Cr | Rs. -3.54 Cr | Rs. 12.38 Cr | + 449.72 % | + 12.34 % |
EPS in Rs | Rs. 0.99 | Rs. -0.32 | Rs. 1.11 | + 446.88 % | + 12.12 % |
Today, we’re looking at Xchanging Solutions Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.86 %. However, it did see a marginal increase of 4.66 % from the previous quarter. Expenses ticked up slightly by 11 % quarter-on-quarter, aligning with the annual rise of 6.07 %. Operating profit, while down -25.02 % compared to last year, faced a quarter-on-quarter dip of -12.82 %, 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 -6.55 %, but a shrinkage of -4.44 % sequentially. Other income rose by 73.16 % compared to the last quarter, despite an annual growth of 136.69 %. Interest expenses surged remarkably by 715 % from the previous quarter, yet the year-over-year increase remains at a moderate 8050 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20 %. Profit before tax declined annually by -1.53 % but saw an increase from the preceding quarter by 3.2 %.
Tax expenses as a percentage of profits decreased slightly by -9.49 % compared to last year, with a more notable quarter-on-quarter decrease of -99.53 %. Net profit rose by 12.34 % year-on-year but experienced a 449.72 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 12.12 % but a quarterly rise of 446.88 %. In summary, Xchanging Solutions 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. 45.77 Cr | Rs. 42.48 Cr | Rs. 44.46 Cr | + 4.66 % | -2.86 % |
Expenses | Rs. 32.62 Cr | Rs. 31.17 Cr | Rs. 34.6 Cr | + 11 % | + 6.07 % |
Operating Profit | Rs. 13.15 Cr | Rs. 11.31 Cr | Rs. 9.86 Cr | -12.82 % | -25.02 % |
Net Profit | Rs. 11.02 Cr | Rs. -3.54 Cr | Rs. 12.38 Cr | + 449.72 % | + 12.34 % |
EPS in Rs | Rs. 0.99 | Rs. -0.32 | Rs. 1.11 | + 446.88 % | + 12.12 % |
In reviewing Xchanging Solutions Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.86 % year-on-year, however, there was a minor increase of 4.66 % from the previous quarter. Expenses rose by 6.07 % compared to the previous year, with a 11 % increase quarter-on-quarter. Operating Profit dropped by -25.02 % annually, and saw a -12.82 % decrease from the last quarter.
Net Profit showed yearly increase of 12.34 %, and experienced a 449.72 % increase from the previous quarter. Earnings Per Share (EPS) rose by 12.12 % annually, however rose by 446.88 % compared to the last quarter. In essence, while Xchanging Solutions 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.