IL&FS Investment Managers announced Financial Results Q1 2024

The comprehensive analytics outlining the performance and outlook of IL&FS Investment Managers 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.

Today, we’re looking at IL&FS Investment Managers Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -41.54 %. However, it did see a marginal slip of -41.02 % from the previous quarter. Expenses ticked up slightly by 14.48 % quarter-on-quarter, aligning with the annual decline of -7.27 %. Operating profit, while down -901.96 % compared to last year, faced a quarter-on-quarter dip of -245.04 %, 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 -56.46 %, but a shrinkage of -74.02 % sequentially. Other income fell by -35.95 % compared to the last quarter, despite an annual decline of -55.47 %. Depreciation costs fell by -12.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 75 %. Profit before tax declined annually by -136.62 % but saw a reduction from the preceding quarter by -131.98 %.
Tax expenses as a percentage of profits decreased slightly by -131.1 % compared to last year, with a more notable quarter-on-quarter decrease of -108.04 %. Net profit fell by -221.1 % year-on-year but witnessed a -175.51 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -320 % but a quarterly fall of -173.33 %. In summary, IL&FS Investment Managers Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing IL&FS Investment Managers Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -41.54 % year-on-year, although there was a slight dip of -41.02 % from the previous quarter. Expenses decreased by -7.27 % compared to the previous year, with a 14.48 % increase quarter-on-quarter. Operating Profit dropped by -901.96 % annually, and saw a -245.04 % decrease from the last quarter.
Net Profit showed yearly decrease of -221.1 %, and experienced a -175.51 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -320 % annually, however dipped by -173.33 % compared to the last quarter. In essence, while IL&FS Investment Managers 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.