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Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company’s sales declined by -80.62 % over the year, decrease in net sales/revenue by -52.53 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -25.92 %, Marginal decrease of -16.17% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Ideaforge Technology Limited. Profit dropped by -262.29 % Year to Year, Ideaforge Technology Limited’s profitability increased by 74.94 % in this quarter. 🔹 EPS over the Year and quarter: EPS declined by -259.31 % Year to Year. EPS increased by 74.84 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 90.896 Cr | Rs. 37.101 Cr | Rs. 17.612 Cr | -52.53 % | -80.62 % |
| Expenses | Rs. 71.31 Cr | Rs. 52.93 Cr | Rs. 35.09 Cr | -33.7 % | -50.79 % |
| Operating Profit | Rs. 19.59 Cr | Rs. -15.83 Cr | Rs. -17.48 Cr | -10.42 % | -189.23 % |
| OPM % | 21.55 % | -42.67 % | -99.25 % | -56.58 % | -120.8 % |
| Other Income | Rs. 6.606 Cr | Rs. 5.838 Cr | Rs. 4.894 Cr | -16.17 % | -25.92 % |
| Interest | Rs. 0.37 Cr | Rs. 0.78 Cr | Rs. 0.23 Cr | -70.51 % | -37.84 % |
| Depreciation | Rs. 5.67 Cr | Rs. 7.22 Cr | Rs. 7.47 Cr | + 3.46 % | + 31.75 % |
| Profit before tax | Rs. 20.16 Cr | Rs. -17.99 Cr | Rs. -20.29 Cr | -12.78 % | -200.64 % |
| Tax % | 26.54 % | -23.71 % | -18.44 % | + 5.27 % | -44.98 % |
| Net Profit | Rs. 14.8 Cr | Rs. -13.73 Cr | Rs. -24.02 Cr | -74.95 % | -262.3 % |
| EPS in Rs | Rs. 3.41 | Rs. -3.15 | Rs. -5.56 | -76.51 % | -263.05 % |
Today, we’re looking at Ideaforge Technology Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -80.62 %. However, it did see a marginal slip of -52.53 % from the previous quarter. Expenses decreased slightly by -33.7 % quarter-on-quarter, aligning with the annual decline of -50.79 %. Operating profit, while down -189.23 % compared to last year, faced a quarter-on-quarter dip of -10.42 %, 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 -120.8 %, but a shrinkage of -56.58 % sequentially. Other income fell by -16.17 % compared to the last quarter, despite an annual decline of -25.92 %. Interest expenses dropped significantly by -70.51 % from the previous quarter, yet the year-over-year decrease remains at a moderate -37.84 %. Depreciation costs climbed by 3.46 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.75 %. Profit before tax declined annually by -200.64 % but saw a reduction from the preceding quarter by -12.78 %.
Tax expenses as a percentage of profits decreased slightly by -44.98 % compared to last year, with a more notable quarter-on-quarter increase of 5.27 %. Net profit fell by -262.3 % year-on-year but witnessed a -74.95 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -263.05 % but a quarterly fall of -76.51 %. In summary, Ideaforge Technology 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. 90.896 Cr | Rs. 37.101 Cr | Rs. 17.612 Cr | -52.53 % | -80.62 % |
| Expenses | Rs. 71.31 Cr | Rs. 52.93 Cr | Rs. 35.09 Cr | -33.7 % | -50.79 % |
| Operating Profit | Rs. 19.59 Cr | Rs. -15.83 Cr | Rs. -17.48 Cr | -10.42 % | -189.23 % |
| Net Profit | Rs. 14.8 Cr | Rs. -13.73 Cr | Rs. -24.02 Cr | -74.95 % | -262.3 % |
| EPS in Rs | Rs. 3.41 | Rs. -3.15 | Rs. -5.56 | -76.51 % | -263.05 % |
In reviewing Ideaforge Technology Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -80.62 % year-on-year, although there was a slight dip of -52.53 % from the previous quarter. Expenses decreased by -50.79 % compared to the previous year, with a decrease of -33.7 % quarter-on-quarter. Operating Profit dropped by -189.23 % annually, and saw a -10.42 % decrease from the last quarter.
Net Profit showed yearly decrease of -262.3 %, and experienced a -74.95 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -263.05 % annually, however dipped by -76.51 % compared to the last quarter. In essence, while Ideaforge Technology Limited 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.
