Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.39 % over the year, substantial increase in net sales/revenue by 0.97 %.
- 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 21.18 %. Marginal increase in other income during this quarter, up by 15.03%.
- Profit over the Year and quarter: Significant improvement in profitability for Indraprashtha Gas Ltd.. Notable increase of 9 % in net profit Year to Year, Indraprashtha Gas Ltd.’s profitability dropped by -8.87 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 9.15 % Year to Year. EPS decreased by -8.69 % 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. 4061.63 Cr | Rs. 3926.19 Cr | Rs. 3964.42 Cr | + 0.97 % | -2.39 % |
| Expenses | Rs. 3595.35 Cr | Rs. 3363.86 Cr | Rs. 3443.25 Cr | + 2.36 % | -4.23 % |
| Operating Profit | Rs. 466.28 Cr | Rs. 562.33 Cr | Rs. 521.17 Cr | -7.32 % | + 11.77 % |
| OPM % | 11.48 % | 14.32 % | 13.15 % | -1.17 % | + 1.67 % |
| Other Income | Rs. 133.2 Cr | Rs. 140.32 Cr | Rs. 161.41 Cr | + 15.03 % | + 21.18 % |
| Interest | Rs. 2.55 Cr | Rs. 1.77 Cr | Rs. 2.57 Cr | + 45.2 % | + 0.78 % |
| Depreciation | Rs. 93.77 Cr | Rs. 101.91 Cr | Rs. 110.89 Cr | + 8.81 % | + 18.26 % |
| Profit before tax | Rs. 503.16 Cr | Rs. 598.97 Cr | Rs. 569.12 Cr | -4.98 % | + 13.11 % |
| Tax % | 24.27 % | 24.07 % | 27.86 % | + 3.79 % | + 3.59 % |
| Net Profit | Rs. 397.51 Cr | Rs. 475.45 Cr | Rs. 433.29 Cr | -8.87 % | + 9 % |
| EPS in Rs | Rs. 5.68 | Rs. 6.79 | Rs. 6.2 | -8.69 % | + 9.15 % |
Today, we’re looking at Indraprashtha Gas Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.39 %. However, it did see a marginal increase of 0.97 % from the previous quarter. Expenses ticked up slightly by 2.36 % quarter-on-quarter, aligning with the annual decline of -4.23 %. Operating profit, while up 11.77 % compared to last year, faced a quarter-on-quarter dip of -7.32 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.67 %, but a shrinkage of -1.17 % sequentially. Other income rose by 15.03 % compared to the last quarter, despite an annual growth of 21.18 %. Interest expenses surged remarkably by 45.2 % from the previous quarter, yet the year-over-year increase remains at a moderate 0.78 %. Depreciation costs climbed by 8.81 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.26 %. Profit before tax grew annually by 13.11 % but saw a reduction from the preceding quarter by -4.98 %.
Tax expenses as a percentage of profits increased slightly by 3.59 % compared to last year, with a more notable quarter-on-quarter increase of 3.79 %. Net profit rose by 9 % year-on-year but witnessed a -8.87 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 9.15 % but a quarterly fall of -8.69 %. In summary, Indraprashtha Gas Ltd.’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. 4061.63 Cr | Rs. 3926.19 Cr | Rs. 3964.42 Cr | + 0.97 % | -2.39 % |
| Expenses | Rs. 3595.35 Cr | Rs. 3363.86 Cr | Rs. 3443.25 Cr | + 2.36 % | -4.23 % |
| Operating Profit | Rs. 466.28 Cr | Rs. 562.33 Cr | Rs. 521.17 Cr | -7.32 % | + 11.77 % |
| Net Profit | Rs. 397.51 Cr | Rs. 475.45 Cr | Rs. 433.29 Cr | -8.87 % | + 9 % |
| EPS in Rs | Rs. 5.68 | Rs. 6.79 | Rs. 6.2 | -8.69 % | + 9.15 % |
In reviewing Indraprashtha Gas Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.39 % year-on-year, however, there was a minor increase of 0.97 % from the previous quarter. Expenses decreased by -4.23 % compared to the previous year, with a 2.36 % increase quarter-on-quarter. Operating Profit surged by 11.77 % annually, and saw a -7.32 % decrease from the last quarter.
Net Profit showed yearly increase of 9 %, and experienced a -8.87 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 9.15 % annually, however dipped by -8.69 % compared to the last quarter. In essence, while Indraprashtha Gas Ltd. 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.
