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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -23.35 % over the year, decrease in net sales/revenue by -15.81 %.
- 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 609.25 %. Marginal decrease of -14.29% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ind-Swift Limited. Notable increase of 1095.55 % in net profit Year to Year, Ind-Swift Limited’s profitability dropped by -24.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1,084.09 % Year to Year. EPS decreased by -24.82 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 148.536 Cr | Rs. 135.233 Cr | Rs. 113.851 Cr | -15.81 % | -23.35 % |
Expenses | Rs. 130.13 Cr | Rs. 120.75 Cr | Rs. 110.63 Cr | -8.38 % | -14.99 % |
Operating Profit | Rs. 18.41 Cr | Rs. 14.48 Cr | Rs. 3.22 Cr | -77.76 % | -82.51 % |
OPM % | 12.39 % | 10.71 % | 2.83 % | -7.88 % | -9.56 % |
Other Income | Rs. 5.63 Cr | Rs. 46.59 Cr | Rs. 39.931 Cr | -14.29 % | + 609.25 % |
Interest | Rs. 14.95 Cr | Rs. 14.43 Cr | Rs. 9.54 Cr | -33.89 % | -36.19 % |
Depreciation | Rs. 6.72 Cr | Rs. 6.88 Cr | Rs. 5.37 Cr | -21.95 % | -20.09 % |
Profit before tax | Rs. 2.37 Cr | Rs. 39.76 Cr | Rs. 28.24 Cr | -28.97 % | + 1091.56 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 2.36 Cr | Rs. 37.54 Cr | Rs. 28.24 Cr | -24.77 % | + 1096.61 % |
EPS in Rs | Rs. 0.44 | Rs. 6.93 | Rs. 5.21 | -24.82 % | + 1084.09 % |
Today, we’re looking at Ind-Swift 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 -23.35 %. However, it did see a marginal slip of -15.81 % from the previous quarter. Expenses decreased slightly by -8.38 % quarter-on-quarter, aligning with the annual decline of -14.99 %. Operating profit, while down -82.51 % compared to last year, faced a quarter-on-quarter dip of -77.76 %, 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 -9.56 %, but a shrinkage of -7.88 % sequentially. Other income fell by -14.29 % compared to the last quarter, despite an annual growth of 609.25 %. Interest expenses dropped significantly by -33.89 % from the previous quarter, yet the year-over-year decrease remains at a moderate -36.19 %. Depreciation costs fell by -21.95 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20.09 %. Profit before tax grew annually by 1091.56 % but saw a reduction from the preceding quarter by -28.97 %.
Net profit rose by 1096.61 % year-on-year but witnessed a -24.77 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1084.09 % but a quarterly fall of -24.82 %. In summary, Ind-Swift 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. 148.536 Cr | Rs. 135.233 Cr | Rs. 113.851 Cr | -15.81 % | -23.35 % |
Expenses | Rs. 130.13 Cr | Rs. 120.75 Cr | Rs. 110.63 Cr | -8.38 % | -14.99 % |
Operating Profit | Rs. 18.41 Cr | Rs. 14.48 Cr | Rs. 3.22 Cr | -77.76 % | -82.51 % |
Net Profit | Rs. 2.36 Cr | Rs. 37.54 Cr | Rs. 28.24 Cr | -24.77 % | + 1096.61 % |
EPS in Rs | Rs. 0.44 | Rs. 6.93 | Rs. 5.21 | -24.82 % | + 1084.09 % |
In reviewing Ind-Swift Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -23.35 % year-on-year, although there was a slight dip of -15.81 % from the previous quarter. Expenses decreased by -14.99 % compared to the previous year, with a decrease of -8.38 % quarter-on-quarter. Operating Profit dropped by -82.51 % annually, and saw a -77.76 % decrease from the last quarter.
Net Profit showed yearly increase of 1096.61 %, and experienced a -24.77 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1084.09 % annually, however dipped by -24.82 % compared to the last quarter. In essence, while Ind-Swift 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.