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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 -8.11 % over the year, decrease in net sales/revenue by -28.28 %.
- 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 8407.96 %. Marginal increase in other income during this quarter, up by 6870.26%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Indo National Limited. Profit dropped by -4060.6 % Year to Year, Indo National Limited’s profitability increased by 1350.24 % in this quarter.
- EPS over the Year and quarter: EPS declined by -25,544.29 % Year to Year. EPS increased by 5465.94 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 131.847 Cr | Rs. 168.929 Cr | Rs. 121.154 Cr | -28.28 % | -8.11 % |
Expenses | Rs. 129.71 Cr | Rs. 151.28 Cr | Rs. 131.21 Cr | -13.27 % | + 1.16 % |
Operating Profit | Rs. 2.14 Cr | Rs. 17.65 Cr | Rs. -10.06 Cr | -157 % | -570.09 % |
OPM % | 1.62 % | 10.45 % | -8.3 % | -18.75 % | -9.92 % |
Other Income | Rs. 2.135 Cr | Rs. 2.606 Cr | Rs. 181.645 Cr | + 6870.26 % | + 8407.96 % |
Interest | Rs. 3.32 Cr | Rs. 3.28 Cr | Rs. 2.61 Cr | -20.43 % | -21.39 % |
Depreciation | Rs. 4.11 Cr | Rs. 4.66 Cr | Rs. 4.53 Cr | -2.79 % | + 10.22 % |
Profit before tax | Rs. -3.16 Cr | Rs. 12.32 Cr | Rs. 164.45 Cr | + 1234.82 % | + 5304.11 % |
Tax % | -5.48 % | 26.22 % | 19.87 % | -6.35 % | + 25.35 % |
Net Profit | Rs. -3.33 Cr | Rs. 9.09 Cr | Rs. 131.77 Cr | + 1349.61 % | + 4057.06 % |
EPS in Rs | Rs. -0.7 | Rs. 3.2 | Rs. 178.11 | + 5465.94 % | + 25544.29 % |
Today, we’re looking at Indo National 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 -8.11 %. However, it did see a marginal slip of -28.28 % from the previous quarter. Expenses decreased slightly by -13.27 % quarter-on-quarter, aligning with the annual rise of 1.16 %. Operating profit, while down -570.09 % compared to last year, faced a quarter-on-quarter dip of -157 %, 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 -9.92 %, but a shrinkage of -18.75 % sequentially. Other income rose by 6870.26 % compared to the last quarter, despite an annual growth of 8407.96 %. Interest expenses dropped significantly by -20.43 % from the previous quarter, yet the year-over-year decrease remains at a moderate -21.39 %. Depreciation costs fell by -2.79 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.22 %. Profit before tax grew annually by 5304.11 % but saw an increase from the preceding quarter by 1234.82 %.
Tax expenses as a percentage of profits increased slightly by 25.35 % compared to last year, with a more notable quarter-on-quarter decrease of -6.35 %. Net profit rose by 4057.06 % year-on-year but experienced a 1349.61 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25544.29 % but a quarterly rise of 5465.94 %. In summary, Indo National 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. 131.847 Cr | Rs. 168.929 Cr | Rs. 121.154 Cr | -28.28 % | -8.11 % |
Expenses | Rs. 129.71 Cr | Rs. 151.28 Cr | Rs. 131.21 Cr | -13.27 % | + 1.16 % |
Operating Profit | Rs. 2.14 Cr | Rs. 17.65 Cr | Rs. -10.06 Cr | -157 % | -570.09 % |
Net Profit | Rs. -3.33 Cr | Rs. 9.09 Cr | Rs. 131.77 Cr | + 1349.61 % | + 4057.06 % |
EPS in Rs | Rs. -0.7 | Rs. 3.2 | Rs. 178.11 | + 5465.94 % | + 25544.29 % |
In reviewing Indo National Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.11 % year-on-year, although there was a slight dip of -28.28 % from the previous quarter. Expenses rose by 1.16 % compared to the previous year, with a decrease of -13.27 % quarter-on-quarter. Operating Profit dropped by -570.09 % annually, and saw a -157 % decrease from the last quarter.
Net Profit showed yearly increase of 4057.06 %, and experienced a 1349.61 % increase from the previous quarter. Earnings Per Share (EPS) rose by 25544.29 % annually, however rose by 5465.94 % compared to the last quarter. In essence, while Indo National Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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