Share the post "INDUS TOWERS LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by (6.52) % in YoY and decreased by 0.08 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 6.52 % in the past year, decrease in net sales/revenue by -0.08 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -6.55 %, Marginal increase in other income during this quarter, up by 9.71%.
- Profit over the Year and quarter: Significant improvement in profitability for INDUS TOWERS LIMITED. Notable increase of 32.45 % in net profit Year to Year, INDUS TOWERS LIMITED’s profitability increased by 20.29 % in this quarter.
- EPS over the Year and quarter: EPS increased by 32.56 % Year to Year. EPS increased by 20.28 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 6752.9 Cr | Rs. 7199 Cr | Rs. 7193.2 Cr | -0.08 % | + 6.52 % |
| Expenses | Rs. 3320 Cr | Rs. 3615 Cr | Rs. 3121.6 Cr | -13.65 % | -5.98 % |
| Operating Profit | Rs. 3432.9 Cr | Rs. 3584 Cr | Rs. 4071.6 Cr | + 13.6 % | + 18.61 % |
| OPM % | 50.84 % | 49.78 % | 56.6 % | + 6.82 % | + 5.76 % |
| Other Income | Rs. 116.1 Cr | Rs. 98.9 Cr | Rs. 108.5 Cr | + 9.71 % | -6.55 % |
| Interest | Rs. 335.5 Cr | Rs. 10.7 Cr | Rs. 126.7 Cr | + 1084.11 % | -62.24 % |
| Depreciation | Rs. 1320.2 Cr | Rs. 1595.7 Cr | Rs. 1564.5 Cr | -1.96 % | + 18.5 % |
| Profit before tax | Rs. 1893.3 Cr | Rs. 2076.5 Cr | Rs. 2488.9 Cr | + 19.86 % | + 31.46 % |
| Tax % | 26.1 % | 25.81 % | 25.55 % | -0.26 % | -0.55 % |
| Net Profit | Rs. 1399.1 Cr | Rs. 1540.5 Cr | Rs. 1853.1 Cr | + 20.29 % | + 32.45 % |
| EPS in Rs | Rs. 5.19 | Rs. 5.72 | Rs. 6.88 | + 20.28 % | + 32.56 % |
Today, we’re looking at INDUS TOWERS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 6.52 %. However, it did see a marginal slip of -0.08 % from the previous quarter. Expenses decreased slightly by -13.65 % quarter-on-quarter, aligning with the annual decline of -5.98 %. Operating profit, while up 18.61 % compared to last year, faced a quarter-on-quarter increase of 13.6 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.76 %, but an expansion of 6.82 % sequentially. Other income rose by 9.71 % compared to the last quarter, despite an annual decline of -6.55 %. Interest expenses surged remarkably by 1084.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -62.24 %. Depreciation costs fell by -1.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.5 %. Profit before tax grew annually by 31.46 % but saw an increase from the preceding quarter by 19.86 %.
Tax expenses as a percentage of profits decreased slightly by -0.55 % compared to last year, with a more notable quarter-on-quarter decrease of -0.26 %. Net profit rose by 32.45 % year-on-year but experienced a 20.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 32.56 % but a quarterly rise of 20.28 %. In summary, INDUS TOWERS 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. 6752.9 Cr | Rs. 7199 Cr | Rs. 7193.2 Cr | -0.08 % | + 6.52 % |
| Expenses | Rs. 3320 Cr | Rs. 3615 Cr | Rs. 3121.6 Cr | -13.65 % | -5.98 % |
| Operating Profit | Rs. 3432.9 Cr | Rs. 3584 Cr | Rs. 4071.6 Cr | + 13.6 % | + 18.61 % |
| Net Profit | Rs. 1399.1 Cr | Rs. 1540.5 Cr | Rs. 1853.1 Cr | + 20.29 % | + 32.45 % |
| EPS in Rs | Rs. 5.19 | Rs. 5.72 | Rs. 6.88 | + 20.28 % | + 32.56 % |
In reviewing INDUS TOWERS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.52 % year-on-year growth, although there was a slight dip of -0.08 % from the previous quarter. Expenses decreased by -5.98 % compared to the previous year, with a decrease of -13.65 % quarter-on-quarter. Operating Profit surged by 18.61 % annually, and saw a 13.6 % increase from the last quarter.
Net Profit showed yearly increase of 32.45 %, and experienced a 20.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 32.56 % annually, however rose by 20.28 % compared to the last quarter. In essence, while INDUS TOWERS 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.
