Share the post "ACI Infocom ‘s Q1 Update: Profit Falls by 50% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been decline in other income over the past year which is -37.27 %, Marginal increase in other income during this quarter, up by 461.11%.
- Profit over the Year and quarter: Challenges in sustaining profitability for ACI Infocom Ltd.. Profit dropped by -58.06 % Year to Year, ACI Infocom Ltd.’s profitability dropped by -81.69 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -100 % 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 Cr | Rs. 0.25 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.08 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | -12.5 % |
| Operating Profit | Rs. -0.08 Cr | Rs. 0.18 Cr | Rs. -0.07 Cr | -138.89 % | + 12.5 % |
| OPM % | 0 % | 72 % | 0 % | -72 % | 0 % |
| Other Income | Rs. 0.161 Cr | Rs. 0.018 Cr | Rs. 0.101 Cr | + 461.11 % | -37.27 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.08 Cr | Rs. 0.2 Cr | Rs. 0.03 Cr | -85 % | -62.5 % |
| Tax % | 26.19 % | 29 % | 25.71 % | -3.29 % | -0.48 % |
| Net Profit | Rs. 0.06 Cr | Rs. 0.14 Cr | Rs. 0.03 Cr | -78.57 % | -50 % |
| EPS in Rs | Rs. 0.01 | Rs. 0.01 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at ACI Infocom Ltd.’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual decline of -12.5 %. Operating profit, while up 12.5 % compared to last year, faced a quarter-on-quarter dip of -138.89 %, signaling a short-term contraction in margins.
but a shrinkage of -72 % sequentially. Other income rose by 461.11 % compared to the last quarter, despite an annual decline of -37.27 %. Profit before tax declined annually by -62.5 % but saw a reduction from the preceding quarter by -85 %.
Tax expenses as a percentage of profits decreased slightly by -0.48 % compared to last year, with a more notable quarter-on-quarter decrease of -3.29 %. Net profit fell by -50 % year-on-year but witnessed a -78.57 % contraction from the last quarter. In summary, ACI Infocom Ltd.’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 Cr | Rs. 0.25 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.08 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | -12.5 % |
| Operating Profit | Rs. -0.08 Cr | Rs. 0.18 Cr | Rs. -0.07 Cr | -138.89 % | + 12.5 % |
| Net Profit | Rs. 0.06 Cr | Rs. 0.14 Cr | Rs. 0.03 Cr | -78.57 % | -50 % |
| EPS in Rs | Rs. 0.01 | Rs. 0.01 | Rs. 0 | 0 % | 0 % |
In reviewing ACI Infocom Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -12.5 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 12.5 % annually, and saw a -138.89 % decrease from the last quarter.
Net Profit showed yearly decrease of -50 %, and experienced a -78.57 % decrease from the previous quarter. In essence, while ACI Infocom Ltd. 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.
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