Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 781.45% in the past year Substantial increase in net sales/revenue by 66.17%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.67% Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for IEL LIMITED. Profit dropped by -423.81% Year to YearIEL LIMITED’s profitability increased by 22.52% in this quarter.
- EPS over the Year and quarter: EPS declined by -130.77% Year to Year.EPS increased by 33.33%. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.035 Cr | Rs. 5.49 Cr | Rs. 9.123 Cr | + 66.17% | + 781.45% |
| Expenses | Rs. 1.12 Cr | Rs. 5.35 Cr | Rs. 8.93 Cr | + 66.92% | + 697.32% |
| Operating Profit | Rs. -0.09 Cr | Rs. 0.14 Cr | Rs. 0.19 Cr | + 35.71% | + 311.11% |
| OPM % | -8.7 % | 2.55 % | 2.08 % | -0.47% | + 10.78% |
| Other Income | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0% | -66.67% |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0% | 0% |
| Depreciation | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0% | 0% |
| Profit before tax | Rs. -0.06 Cr | Rs. 0.13 Cr | Rs. 0.19 Cr | + 46.15% | + 416.67% |
| Tax % | -17.65 % | 17.29 % | 27.03 % | + 9.74% | + 44.68% |
| Net Profit | Rs. -0.04 Cr | Rs. 0.11 Cr | Rs. 0.14 Cr | + 27.27% | + 450% |
| EPS in Rs | Rs. -0.13 | Rs. 0.03 | Rs. 0.04 | + 33.33% | + 130.77% |
Today, we’re looking at IEL LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 781.45%. However, it did see a marginal increase of 66.17% from the previous quarter.Expenses ticked up slightly by 66.92% quarter-on-quarter, aligning with the annual rise of 697.32%. Operating profit, while up 311.11% compared to last year, faced a quarter-on-quarter increase of 35.71%, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 10.78%, but a shrinkage of -0.47% sequentially. despite an annual decline of -66.67%. Depreciation costs climbed by 0% quarter-on-quarter, Profit before tax grew annually by 416.67% but saw an increase from the preceding quarter by 46.15%.
Tax expenses as a percentage of profits increased slightly by 44.68% compared to last year, with a more notable quarter-on-quarter increase of 9.74%. Net profit rose by 450% year-on-year but experienced a 27.27% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 130.77% but a quarterly rise of 33.33%. 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. 1.035 Cr | Rs. 5.49 Cr | Rs. 9.123 Cr | + 66.17% | + 781.45% |
| Expenses | Rs. 1.12 Cr | Rs. 5.35 Cr | Rs. 8.93 Cr | + 66.92% | + 697.32% |
| Operating Profit | Rs. -0.09 Cr | Rs. 0.14 Cr | Rs. 0.19 Cr | + 35.71% | + 311.11% |
| Net Profit | Rs. -0.04 Cr | Rs. 0.11 Cr | Rs. 0.14 Cr | + 27.27% | + 450% |
| EPS in Rs | Rs. -0.13 | Rs. 0.03 | Rs. 0.04 | + 33.33% | + 130.77% |
In reviewing IEL LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 66.17% from the previous quarter. Expenses rose by 697.32% compared to the previous year, with a 66.92% increase quarter-on-quarter. Operating Profit surged by 311.11% annually, and saw a 35.71% increase from the last quarter.
Net Profit showed yearly increase of 450%, and experienced a 27.27% increase from the previous quarter. Earnings Per Share (EPS) rose by 130.77% annually, however rose by 33.33% compared to the last quarter. In essence, while IEL 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.
