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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 experienced a substantial growth of 47.3 % in the past year, substantial increase in net sales/revenue by 13.41 %.
- 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 9633.33 %. Marginal increase in other income during this quarter, up by 36.02%.
- Profit over the Year and quarter: Significant improvement in profitability for IndoStar Capital Finance Limited. Notable increase of 70.98 % in net profit Year to Year, IndoStar Capital Finance Limited’s profitability increased by 66.54 % in this quarter.
- EPS over the Year and quarter: EPS increased by 71.43 % Year to Year. EPS increased by 67.09 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 234.18 Cr | Rs. 304.16 Cr | Rs. 344.94 Cr | + 13.41 % | + 47.3 % |
Expenses | Rs. 76.61 Cr | Rs. 125.29 Cr | Rs. 140.04 Cr | + 11.77 % | + 82.8 % |
Operating Profit | Rs. 157.57 Cr | Rs. 178.87 Cr | Rs. 204.9 Cr | + 14.55 % | + 30.04 % |
OPM % | 67.29 % | 58.81 % | 59.4 % | + 0.59 % | -7.89 % |
Other Income | Rs. 0.09 Cr | Rs. 6.44 Cr | Rs. 8.76 Cr | + 36.02 % | + 9633.33 % |
Interest | Rs. 140.77 Cr | Rs. 166.78 Cr | Rs. 187.77 Cr | + 12.59 % | + 33.39 % |
Depreciation | Rs. 6.38 Cr | Rs. 7.74 Cr | Rs. 7.92 Cr | + 2.33 % | + 24.14 % |
Profit before tax | Rs. 10.51 Cr | Rs. 10.79 Cr | Rs. 17.97 Cr | + 66.54 % | + 70.98 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 10.51 Cr | Rs. 10.79 Cr | Rs. 17.97 Cr | + 66.54 % | + 70.98 % |
EPS in Rs | Rs. 0.77 | Rs. 0.79 | Rs. 1.31 | + 65.82 % | + 70.13 % |
Today, we’re looking at IndoStar Capital Finance Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 47.3 %. However, it did see a marginal increase of 13.41 % from the previous quarter. Expenses ticked up slightly by 11.77 % quarter-on-quarter, aligning with the annual rise of 82.8 %. Operating profit, while up 30.04 % compared to last year, faced a quarter-on-quarter increase of 14.55 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7.89 %, but an expansion of 0.59 % sequentially. Other income rose by 36.02 % compared to the last quarter, despite an annual growth of 9633.33 %. Interest expenses surged remarkably by 12.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 33.39 %. Depreciation costs climbed by 2.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.14 %. Profit before tax grew annually by 70.98 % but saw an increase from the preceding quarter by 66.54 %.
Net profit rose by 70.98 % year-on-year but experienced a 66.54 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 70.13 % but a quarterly rise of 65.82 %. In summary, IndoStar Capital Finance 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. 234.18 Cr | Rs. 304.16 Cr | Rs. 344.94 Cr | + 13.41 % | + 47.3 % |
Expenses | Rs. 76.61 Cr | Rs. 125.29 Cr | Rs. 140.04 Cr | + 11.77 % | + 82.8 % |
Operating Profit | Rs. 157.57 Cr | Rs. 178.87 Cr | Rs. 204.9 Cr | + 14.55 % | + 30.04 % |
Net Profit | Rs. 10.51 Cr | Rs. 10.79 Cr | Rs. 17.97 Cr | + 66.54 % | + 70.98 % |
EPS in Rs | Rs. 0.77 | Rs. 0.79 | Rs. 1.31 | + 65.82 % | + 70.13 % |
In reviewing IndoStar Capital Finance Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 47.3 % year-on-year growth, however, there was a minor increase of 13.41 % from the previous quarter. Expenses rose by 82.8 % compared to the previous year, with a 11.77 % increase quarter-on-quarter. Operating Profit surged by 30.04 % annually, and saw a 14.55 % increase from the last quarter.
Net Profit showed yearly increase of 70.98 %, and experienced a 66.54 % increase from the previous quarter. Earnings Per Share (EPS) rose by 70.13 % annually, however rose by 65.82 % compared to the last quarter. In essence, while IndoStar Capital Finance 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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