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Dc Infotech And Communication announced Financial Results Q1 2024

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 27.88 % in the past year, decrease in net sales/revenue by -23.34 %.
  • 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 1976 %. Marginal decrease of -22.19% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Dc Infotech And Communication Limited. Notable increase of 44.81 % in net profit Year to Year, Dc Infotech And Communication Limited’s profitability dropped by -27.44 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 33.52 % Year to Year. EPS decreased by -28.57 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Dc Infotech And Communication Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 92.676 Cr Rs. 154.586 Cr Rs. 118.51 Cr -23.34 % + 27.88 %
Expenses Rs. 88.81 Cr Rs. 147.85 Cr Rs. 113.27 Cr -23.39 % + 27.54 %
Operating Profit Rs. 3.87 Cr Rs. 6.74 Cr Rs. 5.24 Cr -22.26 % + 35.4 %
OPM % 4.18 % 4.36 % 4.42 % + 0.06 % + 0.24 %
Other Income Rs. 0.025 Cr Rs. 0.667 Cr Rs. 0.519 Cr -22.19 % + 1976 %
Interest Rs. 0.92 Cr Rs. 1.55 Cr Rs. 1.56 Cr + 0.65 % + 69.57 %
Depreciation Rs. 0.15 Cr Rs. 0.09 Cr Rs. 0.11 Cr + 22.22 % -26.67 %
Profit before tax Rs. 2.83 Cr Rs. 5.77 Cr Rs. 4.09 Cr -29.12 % + 44.52 %
Tax % 25.07 % 26.95 % 25.17 % -1.78 % + 0.1 %
Net Profit Rs. 2.11 Cr Rs. 4.21 Cr Rs. 3.06 Cr -27.32 % + 45.02 %
EPS in Rs Rs. 1.76 Rs. 3.13 Rs. 1.91 -38.98 % + 8.52 %


Today, we’re looking at Dc Infotech And Communication Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 27.88 %. However, it did see a marginal slip of -23.34 % from the previous quarter. Expenses decreased slightly by -23.39 % quarter-on-quarter, aligning with the annual rise of 27.54 %. Operating profit, while up 35.4 % compared to last year, faced a quarter-on-quarter dip of -22.26 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.24 %, but an expansion of 0.06 % sequentially. Other income fell by -22.19 % compared to the last quarter, despite an annual growth of 1976 %. Interest expenses surged remarkably by 0.65 % from the previous quarter, yet the year-over-year increase remains at a moderate 69.57 %. Depreciation costs climbed by 22.22 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -26.67 %. Profit before tax grew annually by 44.52 % but saw a reduction from the preceding quarter by -29.12 %.
Tax expenses as a percentage of profits increased slightly by 0.1 % compared to last year, with a more notable quarter-on-quarter decrease of -1.78 %. Net profit rose by 45.02 % year-on-year but witnessed a -27.32 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 8.52 % but a quarterly fall of -38.98 %. In summary, Dc Infotech And Communication 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. 92.676 Cr Rs. 154.586 Cr Rs. 118.51 Cr -23.34 % + 27.88 %
Expenses Rs. 88.81 Cr Rs. 147.85 Cr Rs. 113.27 Cr -23.39 % + 27.54 %
Operating Profit Rs. 3.87 Cr Rs. 6.74 Cr Rs. 5.24 Cr -22.26 % + 35.4 %
Net Profit Rs. 2.11 Cr Rs. 4.21 Cr Rs. 3.06 Cr -27.32 % + 45.02 %
EPS in Rs Rs. 1.76 Rs. 3.13 Rs. 1.91 -38.98 % + 8.52 %


In reviewing Dc Infotech And Communication Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.88 % year-on-year growth, although there was a slight dip of -23.34 % from the previous quarter. Expenses rose by 27.54 % compared to the previous year, with a decrease of -23.39 % quarter-on-quarter. Operating Profit surged by 35.4 % annually, and saw a -22.26 % decrease from the last quarter.
Net Profit showed yearly increase of 45.02 %, and experienced a -27.32 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 8.52 % annually, however dipped by -38.98 % compared to the last quarter. In essence, while Dc Infotech And Communication Limited exhibits strong annual growth 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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