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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -25.92 % over the year, decrease in net sales/revenue by -40.12 %.
- 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 51.47 %. Marginal decrease of -6.36% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Indian Terrain Fashions Limited. Notable increase of 445.36 % in net profit Year to Year, Indian Terrain Fashions Limited’s profitability dropped by -51000 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 447.62 % Year to Year. EPS decreased by -34600 % 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. 92.28 Cr | Rs. 114.16 Cr | Rs. 68.36 Cr | -40.12 % | -25.92 % |
Expenses | Rs. 85.86 Cr | Rs. 104.94 Cr | Rs. 79.84 Cr | -23.92 % | -7.01 % |
Operating Profit | Rs. 6.42 Cr | Rs. 9.22 Cr | Rs. -11.48 Cr | -224.51 % | -278.82 % |
OPM % | 6.96 % | 8.08 % | -16.79 % | -24.87 % | -23.75 % |
Other Income | Rs. 0.68 Cr | Rs. 1.1 Cr | Rs. 1.03 Cr | -6.36 % | + 51.47 % |
Interest | Rs. 5.71 Cr | Rs. 5.45 Cr | Rs. 5.58 Cr | + 2.39 % | -2.28 % |
Depreciation | Rs. 5.4 Cr | Rs. 6.6 Cr | Rs. 4.88 Cr | -26.06 % | -9.63 % |
Profit before tax | Rs. -4.01 Cr | Rs. -1.73 Cr | Rs. -20.91 Cr | -1108.67 % | -421.45 % |
Tax % | -30.17 % | -101.73 % | -26.97 % | + 74.76 % | + 3.2 % |
Net Profit | Rs. -2.8 Cr | Rs. 0.03 Cr | Rs. -15.27 Cr | -51000 % | -445.36 % |
EPS in Rs | Rs. -0.63 | Rs. 0.01 | Rs. -3.45 | -34600 % | -447.62 % |
Today, we’re looking at Indian Terrain Fashions 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 -25.92 %. However, it did see a marginal slip of -40.12 % from the previous quarter. Expenses decreased slightly by -23.92 % quarter-on-quarter, aligning with the annual decline of -7.01 %. Operating profit, while down -278.82 % compared to last year, faced a quarter-on-quarter dip of -224.51 %, 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 -23.75 %, but a shrinkage of -24.87 % sequentially. Other income fell by -6.36 % compared to the last quarter, despite an annual growth of 51.47 %. Interest expenses surged remarkably by 2.39 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.28 %. Depreciation costs fell by -26.06 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.63 %. Profit before tax declined annually by -421.45 % but saw a reduction from the preceding quarter by -1108.67 %.
Tax expenses as a percentage of profits increased slightly by 3.2 % compared to last year, with a more notable quarter-on-quarter increase of 74.76 %. Net profit fell by -445.36 % year-on-year but witnessed a -51000 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -447.62 % but a quarterly fall of -34600 %. In summary, Indian Terrain Fashions 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. 92.28 Cr | Rs. 114.16 Cr | Rs. 68.36 Cr | -40.12 % | -25.92 % |
Expenses | Rs. 85.86 Cr | Rs. 104.94 Cr | Rs. 79.84 Cr | -23.92 % | -7.01 % |
Operating Profit | Rs. 6.42 Cr | Rs. 9.22 Cr | Rs. -11.48 Cr | -224.51 % | -278.82 % |
Net Profit | Rs. -2.8 Cr | Rs. 0.03 Cr | Rs. -15.27 Cr | -51000 % | -445.36 % |
EPS in Rs | Rs. -0.63 | Rs. 0.01 | Rs. -3.45 | -34600 % | -447.62 % |
In reviewing Indian Terrain Fashions Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.92 % year-on-year, although there was a slight dip of -40.12 % from the previous quarter. Expenses decreased by -7.01 % compared to the previous year, with a decrease of -23.92 % quarter-on-quarter. Operating Profit dropped by -278.82 % annually, and saw a -224.51 % decrease from the last quarter.
Net Profit showed yearly decrease of -445.36 %, and experienced a -51000 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -447.62 % annually, however dipped by -34600 % compared to the last quarter. In essence, while Indian Terrain Fashions 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.
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