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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 231.03 % in the past year, decrease in net sales/revenue by -41.76 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 21900%.
- Profit over the Year and quarter: Significant improvement in profitability for IEL LIMITED. Notable increase of 411.67 % in net profit Year to Year, IEL LIMITED’s profitability increased by 125.74 % in this quarter.
- EPS over the Year and quarter: EPS declined by -50.00 % Year to Year. EPS increased by 125 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1.605 Cr | Rs. 9.123 Cr | Rs. 5.313 Cr | -41.76 % | + 231.03 % |
Expenses | Rs. 1.52 Cr | Rs. 8.93 Cr | Rs. 5.12 Cr | -42.67 % | + 236.84 % |
Operating Profit | Rs. 0.09 Cr | Rs. 0.19 Cr | Rs. 0.19 Cr | + 0 % | + 111.11 % |
OPM % | 5.61 % | 2.08 % | 3.58 % | + 1.5 % | -2.03 % |
Other Income | Rs. 0 Cr | Rs. 0.001 Cr | Rs. 0.22 Cr | + 21900 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.08 Cr | Rs. 0.18 Cr | Rs. 0.4 Cr | + 122.22 % | + 400 % |
Tax % | 23.38 % | 27.03 % | 24.57 % | -2.46 % | + 1.19 % |
Net Profit | Rs. 0.06 Cr | Rs. 0.14 Cr | Rs. 0.31 Cr | + 121.43 % | + 416.67 % |
EPS in Rs | Rs. 0.18 | Rs. 0.04 | Rs. 0.09 | + 125 % | -50 % |
Today, we’re looking at IEL 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 231.03 %. However, it did see a marginal slip of -41.76 % from the previous quarter. Expenses decreased slightly by -42.67 % quarter-on-quarter, aligning with the annual rise of 236.84 %. Operating profit, while up 111.11 % compared to last year, faced a quarter-on-quarter increase of 0 %, 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 -2.03 %, but an expansion of 1.5 % sequentially. Other income rose by 21900 % compared to the last quarter, Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 400 % but saw an increase from the preceding quarter by 122.22 %.
Tax expenses as a percentage of profits increased slightly by 1.19 % compared to last year, with a more notable quarter-on-quarter decrease of -2.46 %. Net profit rose by 416.67 % year-on-year but experienced a 121.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50 % but a quarterly rise of 125 %. In summary, IEL 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. 1.605 Cr | Rs. 9.123 Cr | Rs. 5.313 Cr | -41.76 % | + 231.03 % |
Expenses | Rs. 1.52 Cr | Rs. 8.93 Cr | Rs. 5.12 Cr | -42.67 % | + 236.84 % |
Operating Profit | Rs. 0.09 Cr | Rs. 0.19 Cr | Rs. 0.19 Cr | + 0 % | + 111.11 % |
Net Profit | Rs. 0.06 Cr | Rs. 0.14 Cr | Rs. 0.31 Cr | + 121.43 % | + 416.67 % |
EPS in Rs | Rs. 0.18 | Rs. 0.04 | Rs. 0.09 | + 125 % | -50 % |
In reviewing IEL LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 231.03 % year-on-year growth, although there was a slight dip of -41.76 % from the previous quarter. Expenses rose by 236.84 % compared to the previous year, with a decrease of -42.67 % quarter-on-quarter. Operating Profit surged by 111.11 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly increase of 416.67 %, and experienced a 121.43 % increase from the previous quarter. Earnings Per Share (EPS) fell by -50 % annually, however rose by 125 % compared to the last quarter. In essence, while IEL LIMITED faces strong annual decline 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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