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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 6.63 % in the past year, decrease in net sales/revenue by -4.59 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -71.74 %, Marginal increase in other income during this quarter, up by 102.66%.
- Profit over the Year and quarter: Significant improvement in profitability for FCS Software Solutions Limited. Notable increase of 46.01 % in net profit Year to Year, FCS Software Solutions Limited’s profitability dropped by -118.98 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -133.33 % 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. 8.493 Cr | Rs. 9.492 Cr | Rs. 9.056 Cr | -4.59 % | + 6.63 % |
| Expenses | Rs. 6.74 Cr | Rs. 7.91 Cr | Rs. 7.35 Cr | -7.08 % | + 9.05 % |
| Operating Profit | Rs. 1.75 Cr | Rs. 1.58 Cr | Rs. 1.71 Cr | + 8.23 % | -2.29 % |
| OPM % | 20.61 % | 16.65 % | 18.88 % | + 2.23 % | -1.73 % |
| Other Income | Rs. 0.598 Cr | Rs. -6.363 Cr | Rs. 0.169 Cr | + 102.66 % | -71.74 % |
| Interest | Rs. 0.5 Cr | Rs. 0.09 Cr | Rs. 0.07 Cr | -22.22 % | -86 % |
| Depreciation | Rs. 1.03 Cr | Rs. 0.65 Cr | Rs. 0.63 Cr | -3.08 % | -38.83 % |
| Profit before tax | Rs. 0.82 Cr | Rs. -5.52 Cr | Rs. 1.18 Cr | + 121.38 % | + 43.9 % |
| Tax % | 29.04 % | -17.99 % | 27.33 % | + 45.32 % | -1.71 % |
| Net Profit | Rs. 0.59 Cr | Rs. -4.53 Cr | Rs. 0.86 Cr | + 118.98 % | + 45.76 % |
| EPS in Rs | Rs. 0 | Rs. -0.03 | Rs. 0.01 | + 133.33 % | 0 % |
Today, we’re looking at FCS Software Solutions 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 6.63 %. However, it did see a marginal slip of -4.59 % from the previous quarter. Expenses decreased slightly by -7.08 % quarter-on-quarter, aligning with the annual rise of 9.05 %. Operating profit, while down -2.29 % compared to last year, faced a quarter-on-quarter increase of 8.23 %, 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 -1.73 %, but an expansion of 2.23 % sequentially. Other income rose by 102.66 % compared to the last quarter, despite an annual decline of -71.74 %. Interest expenses dropped significantly by -22.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -86 %. Depreciation costs fell by -3.08 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -38.83 %. Profit before tax grew annually by 43.9 % but saw an increase from the preceding quarter by 121.38 %.
Tax expenses as a percentage of profits decreased slightly by -1.71 % compared to last year, with a more notable quarter-on-quarter increase of 45.32 %. Net profit rose by 45.76 % year-on-year but experienced a 118.98 % expansion from the last quarter. but a quarterly rise of 133.33 %. In summary, FCS Software 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. 8.493 Cr | Rs. 9.492 Cr | Rs. 9.056 Cr | -4.59 % | + 6.63 % |
| Expenses | Rs. 6.74 Cr | Rs. 7.91 Cr | Rs. 7.35 Cr | -7.08 % | + 9.05 % |
| Operating Profit | Rs. 1.75 Cr | Rs. 1.58 Cr | Rs. 1.71 Cr | + 8.23 % | -2.29 % |
| Net Profit | Rs. 0.59 Cr | Rs. -4.53 Cr | Rs. 0.86 Cr | + 118.98 % | + 45.76 % |
| EPS in Rs | Rs. 0 | Rs. -0.03 | Rs. 0.01 | + 133.33 % | 0 % |
In reviewing FCS Software Solutions Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.63 % year-on-year growth, although there was a slight dip of -4.59 % from the previous quarter. Expenses rose by 9.05 % compared to the previous year, with a decrease of -7.08 % quarter-on-quarter. Operating Profit dropped by -2.29 % annually, and saw a 8.23 % increase from the last quarter.
Net Profit showed yearly increase of 45.76 %, and experienced a 118.98 % increase from the previous quarter. however rose by 133.33 % compared to the last quarter. In essence, while FCS Software 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.
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