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IB Infotech Enterprises Reports Q2: Revenue Up by 116.28% Year-on-Year

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 116.28 % in the past year, decrease in net sales/revenue by -7.48 %.
  • Profit over the Year and quarter: Significant improvement in profitability for IB Infotech Enterprises Ltd. Notable increase of 41.59 % in net profit Year to Year, IB Infotech Enterprises Ltd’s profitability dropped by -48.39 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 42.05 % Year to Year. EPS decreased by -48.35 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of IB Infotech Enterprises Ltd‘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. 1.001 Cr Rs. 2.34 Cr Rs. 2.165 Cr -7.48 % + 116.28 %
Expenses Rs. 0.83 Cr Rs. 1.84 Cr Rs. 1.72 Cr -6.52 % + 107.23 %
Operating Profit Rs. 0.17 Cr Rs. 0.5 Cr Rs. 0.45 Cr -10 % + 164.71 %
OPM % 16.98 % 21.37 % 20.79 % -0.58 % + 3.81 %
Other Income Rs. 0.013 Cr Rs. 0 Cr Rs. 0.019 Cr 0 % + 46.15 %
Interest Rs. 0 Cr Rs. 0.02 Cr Rs. 0.07 Cr + 250 % 0 %
Depreciation Rs. 0.02 Cr Rs. 0.07 Cr Rs. 0.16 Cr + 128.57 % + 700 %
Profit before tax Rs. 0.16 Cr Rs. 0.41 Cr Rs. 0.24 Cr -41.46 % + 50 %
Tax % 28.48 % 24.57 % 31.33 % + 6.76 % + 2.85 %
Net Profit Rs. 0.11 Cr Rs. 0.31 Cr Rs. 0.16 Cr -48.39 % + 45.45 %
EPS in Rs Rs. 0.88 Rs. 2.42 Rs. 1.25 -48.35 % + 42.05 %


Today, we’re looking at IB Infotech Enterprises Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 116.28 %. However, it did see a marginal slip of -7.48 % from the previous quarter. Expenses decreased slightly by -6.52 % quarter-on-quarter, aligning with the annual rise of 107.23 %. Operating profit, while up 164.71 % compared to last year, faced a quarter-on-quarter dip of -10 %, 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 3.81 %, but a shrinkage of -0.58 % sequentially. despite an annual growth of 46.15 %. Interest expenses surged remarkably by 250 % from the previous quarter, Depreciation costs climbed by 128.57 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 700 %. Profit before tax grew annually by 50 % but saw a reduction from the preceding quarter by -41.46 %.
Tax expenses as a percentage of profits increased slightly by 2.85 % compared to last year, with a more notable quarter-on-quarter increase of 6.76 %. Net profit rose by 45.45 % year-on-year but witnessed a -48.39 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.05 % but a quarterly fall of -48.35 %. In summary, IB Infotech Enterprises 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. 1.001 Cr Rs. 2.34 Cr Rs. 2.165 Cr -7.48 % + 116.28 %
Expenses Rs. 0.83 Cr Rs. 1.84 Cr Rs. 1.72 Cr -6.52 % + 107.23 %
Operating Profit Rs. 0.17 Cr Rs. 0.5 Cr Rs. 0.45 Cr -10 % + 164.71 %
Net Profit Rs. 0.11 Cr Rs. 0.31 Cr Rs. 0.16 Cr -48.39 % + 45.45 %
EPS in Rs Rs. 0.88 Rs. 2.42 Rs. 1.25 -48.35 % + 42.05 %


In reviewing IB Infotech Enterprises Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 116.28 % year-on-year growth, although there was a slight dip of -7.48 % from the previous quarter. Expenses rose by 107.23 % compared to the previous year, with a decrease of -6.52 % quarter-on-quarter. Operating Profit surged by 164.71 % annually, and saw a -10 % decrease from the last quarter.
Net Profit showed yearly increase of 45.45 %, and experienced a -48.39 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 42.05 % annually, however dipped by -48.35 % compared to the last quarter. In essence, while IB Infotech Enterprises Ltd 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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