Share the post "Inditrade Capital announced Financial Results Q1 2024-25"
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 -33.7 % over the year, decrease in net sales/revenue by -27.96 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -30.22 %, Marginal decrease of -71.63% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Inditrade Capital Limited. Profit dropped by -56.66 % Year to Year, Inditrade Capital Limited’s profitability dropped by -85.2 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -163.16 % Year to Year. EPS decreased by -85.54 % 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. 43.018 Cr | Rs. 39.596 Cr | Rs. 28.523 Cr | -27.96 % | -33.7 % |
| Expenses | Rs. 34.71 Cr | Rs. 27.12 Cr | Rs. 23.53 Cr | -13.24 % | -32.21 % |
| Operating Profit | Rs. 8.31 Cr | Rs. 12.48 Cr | Rs. 4.99 Cr | -60.02 % | -39.95 % |
| OPM % | 19.32 % | 31.52 % | 17.49 % | -14.03 % | -1.83 % |
| Other Income | Rs. 2.353 Cr | Rs. 5.788 Cr | Rs. 1.642 Cr | -71.63 % | -30.22 % |
| Interest | Rs. 8.14 Cr | Rs. 5.92 Cr | Rs. 5.28 Cr | -10.81 % | -35.14 % |
| Depreciation | Rs. 1.6 Cr | Rs. 9.58 Cr | Rs. 0.78 Cr | -91.86 % | -51.25 % |
| Profit before tax | Rs. 0.92 Cr | Rs. 2.77 Cr | Rs. 0.57 Cr | -79.42 % | -38.04 % |
| Tax % | 55.18 % | 52.8 % | 74.56 % | + 21.76 % | + 19.38 % |
| Net Profit | Rs. 0.47 Cr | Rs. 1.39 Cr | Rs. 0.21 Cr | -84.89 % | -55.32 % |
| EPS in Rs | Rs. 0.19 | Rs. 0.83 | Rs. 0.12 | -85.54 % | -36.84 % |
Today, we’re looking at Inditrade Capital 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 -33.7 %. However, it did see a marginal slip of -27.96 % from the previous quarter. Expenses decreased slightly by -13.24 % quarter-on-quarter, aligning with the annual decline of -32.21 %. Operating profit, while down -39.95 % compared to last year, faced a quarter-on-quarter dip of -60.02 %, 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 -1.83 %, but a shrinkage of -14.03 % sequentially. Other income fell by -71.63 % compared to the last quarter, despite an annual decline of -30.22 %. Interest expenses dropped significantly by -10.81 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35.14 %. Depreciation costs fell by -91.86 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -51.25 %. Profit before tax declined annually by -38.04 % but saw a reduction from the preceding quarter by -79.42 %.
Tax expenses as a percentage of profits increased slightly by 19.38 % compared to last year, with a more notable quarter-on-quarter increase of 21.76 %. Net profit fell by -55.32 % year-on-year but witnessed a -84.89 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -36.84 % but a quarterly fall of -85.54 %. In summary, Inditrade Capital 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. 43.018 Cr | Rs. 39.596 Cr | Rs. 28.523 Cr | -27.96 % | -33.7 % |
| Expenses | Rs. 34.71 Cr | Rs. 27.12 Cr | Rs. 23.53 Cr | -13.24 % | -32.21 % |
| Operating Profit | Rs. 8.31 Cr | Rs. 12.48 Cr | Rs. 4.99 Cr | -60.02 % | -39.95 % |
| Net Profit | Rs. 0.47 Cr | Rs. 1.39 Cr | Rs. 0.21 Cr | -84.89 % | -55.32 % |
| EPS in Rs | Rs. 0.19 | Rs. 0.83 | Rs. 0.12 | -85.54 % | -36.84 % |
In reviewing Inditrade Capital Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -33.7 % year-on-year, although there was a slight dip of -27.96 % from the previous quarter. Expenses decreased by -32.21 % compared to the previous year, with a decrease of -13.24 % quarter-on-quarter. Operating Profit dropped by -39.95 % annually, and saw a -60.02 % decrease from the last quarter.
Net Profit showed yearly decrease of -55.32 %, and experienced a -84.89 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -36.84 % annually, however dipped by -85.54 % compared to the last quarter. In essence, while Inditrade Capital 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.
[my_shortcode1 values=”Inditrade Capital “]
