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IITL PROJECTS ‘s Q2 Update: Profit Grows by 26.29% YoY

November 9, 2024November 9, 2024| adminadmin| 0 Comments| 1:15 pm
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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 666.15 %. Marginal decrease of -3.68% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for IITL PROJECTS LIMITED. Profit dropped by -26.35 % Year to Year, IITL PROJECTS LIMITED’s profitability increased by 23.3 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -26.21 % Year to Year. EPS increased by 23.33 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of IITL PROJECTS LIMITED‘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. 0.683 Cr Rs. 0.504 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 1.05 Cr Rs. 0.48 Cr Rs. 0.18 Cr -62.5 % -82.86 %
Operating Profit Rs. -0.37 Cr Rs. 0.02 Cr Rs. -0.18 Cr -1000 % + 51.35 %
OPM % -54.17 % 3.97 % 0 % -3.97 % + 54.17 %
Other Income Rs. 0.065 Cr Rs. 0.517 Cr Rs. 0.498 Cr -3.68 % + 666.15 %
Interest Rs. 1.45 Cr Rs. 1.59 Cr Rs. 1.61 Cr + 1.26 % + 11.03 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. -1.76 Cr Rs. -1.05 Cr Rs. -1.29 Cr -22.86 % + 26.7 %
Tax % -0 % -0.1 % -0.08 % + 0.02 % -0.08 %
Net Profit Rs. -1.75 Cr Rs. -1.05 Cr Rs. -1.29 Cr -22.86 % + 26.29 %
EPS in Rs Rs. -3.51 Rs. -2.1 Rs. -2.59 -23.33 % + 26.21 %


Today, we’re looking at IITL PROJECTS LIMITED’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -62.5 % quarter-on-quarter, aligning with the annual decline of -82.86 %. Operating profit, while up 51.35 % compared to last year, faced a quarter-on-quarter dip of -1000 %, 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 54.17 %, but a shrinkage of -3.97 % sequentially. Other income fell by -3.68 % compared to the last quarter, despite an annual growth of 666.15 %. Interest expenses surged remarkably by 1.26 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.03 %. Profit before tax grew annually by 26.7 % but saw a reduction from the preceding quarter by -22.86 %.
Tax expenses as a percentage of profits decreased slightly by -0.08 % compared to last year, with a more notable quarter-on-quarter increase of 0.02 %. Net profit rose by 26.29 % year-on-year but witnessed a -22.86 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.21 % but a quarterly fall of -23.33 %. In summary, IITL PROJECTS 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. 0.683 Cr Rs. 0.504 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 1.05 Cr Rs. 0.48 Cr Rs. 0.18 Cr -62.5 % -82.86 %
Operating Profit Rs. -0.37 Cr Rs. 0.02 Cr Rs. -0.18 Cr -1000 % + 51.35 %
Net Profit Rs. -1.75 Cr Rs. -1.05 Cr Rs. -1.29 Cr -22.86 % + 26.29 %
EPS in Rs Rs. -3.51 Rs. -2.1 Rs. -2.59 -23.33 % + 26.21 %


In reviewing IITL PROJECTS LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -82.86 % compared to the previous year, with a decrease of -62.5 % quarter-on-quarter. Operating Profit surged by 51.35 % annually, and saw a -1000 % decrease from the last quarter.
Net Profit showed yearly increase of 26.29 %, and experienced a -22.86 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 26.21 % annually, however dipped by -23.33 % compared to the last quarter. In essence, while IITL PROJECTS LIMITED 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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