NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Incon Engineers ‘s Q1 Results: Profit Drops by 18.18% YoY

September 10, 2024September 10, 2024| adminadmin| 0 Comments| 7:10 pm
Image is loading
Categories:

Share the post "Incon Engineers ‘s Q1 Results: Profit Drops by 18.18% YoY"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -2.63 %, Marginal decrease of -69.42% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Incon Engineers Ltd.. Notable increase of 17.54 % in net profit Year to Year, Incon Engineers Ltd.’s profitability increased by 52.27 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 19.23 % Year to Year. EPS increased by 55 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Incon Engineers Ltd.‘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 Cr Rs. 0.005 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.15 Cr Rs. 0.2 Cr Rs. 0.16 Cr -20 % + 6.67 %
Operating Profit Rs. -0.15 Cr Rs. -0.2 Cr Rs. -0.16 Cr + 20 % -6.67 %
OPM % 0 % -4000 % 0 % + 4000 % 0 %
Other Income Rs. 0.038 Cr Rs. 0.121 Cr Rs. 0.037 Cr -69.42 % -2.63 %
Interest Rs. 0 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % 0 %
Profit before tax Rs. -0.11 Cr Rs. -0.1 Cr Rs. -0.14 Cr -40 % -27.27 %
Tax % -0 % -0 % -0 % 0 % 0 %
Net Profit Rs. -0.11 Cr Rs. -0.09 Cr Rs. -0.13 Cr -44.44 % -18.18 %
EPS in Rs Rs. -0.26 Rs. -0.2 Rs. -0.31 -55 % -19.23 %


Today, we’re looking at Incon Engineers Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -20 % quarter-on-quarter, aligning with the annual rise of 6.67 %. Operating profit, while down -6.67 % compared to last year, faced a quarter-on-quarter increase of 20 %, signaling a short-term expansion in margins.
but an expansion of 4000 % sequentially. Other income fell by -69.42 % compared to the last quarter, despite an annual decline of -2.63 %. Interest expenses surged remarkably by 0 % from the previous quarter, Depreciation costs climbed by 0 % quarter-on-quarter, Profit before tax declined annually by -27.27 % but saw a reduction from the preceding quarter by -40 %.
Net profit fell by -18.18 % year-on-year but witnessed a -44.44 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.23 % but a quarterly fall of -55 %. In summary, Incon Engineers Ltd.’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 Cr Rs. 0.005 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.15 Cr Rs. 0.2 Cr Rs. 0.16 Cr -20 % + 6.67 %
Operating Profit Rs. -0.15 Cr Rs. -0.2 Cr Rs. -0.16 Cr + 20 % -6.67 %
Net Profit Rs. -0.11 Cr Rs. -0.09 Cr Rs. -0.13 Cr -44.44 % -18.18 %
EPS in Rs Rs. -0.26 Rs. -0.2 Rs. -0.31 -55 % -19.23 %


In reviewing Incon Engineers Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 6.67 % compared to the previous year, with a decrease of -20 % quarter-on-quarter. Operating Profit dropped by -6.67 % annually, and saw a 20 % increase from the last quarter.
Net Profit showed yearly decrease of -18.18 %, and experienced a -44.44 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -19.23 % annually, however dipped by -55 % compared to the last quarter. In essence, while Incon Engineers Ltd. 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.

[my_shortcode1 values=”Incon Engineers “]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post