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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 experienced a substantial growth of 119.72 % in the past year, decrease in net sales/revenue by -34.24 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -92.86 %, Marginal decrease of -99.41% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Industrial Investment Trust Limited. Notable increase of 253.44 % in net profit Year to Year, Industrial Investment Trust Limited’s profitability dropped by -73.57 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 201.85 % Year to Year. EPS decreased by -70.89 % 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. 5.305 Cr | Rs. 17.726 Cr | Rs. 11.656 Cr | -34.24 % | + 119.72 % |
Expenses | Rs. 2.07 Cr | Rs. 6.6 Cr | Rs. 2.16 Cr | -67.27 % | + 4.35 % |
Operating Profit | Rs. 3.24 Cr | Rs. 11.13 Cr | Rs. 9.5 Cr | -14.65 % | + 193.21 % |
OPM % | 61.07 % | 62.79 % | 81.5 % | + 18.71 % | + 20.43 % |
Other Income | Rs. 0.126 Cr | Rs. 1.536 Cr | Rs. 0.009 Cr | -99.41 % | -92.86 % |
Interest | Rs. 0.14 Cr | Rs. 0.19 Cr | Rs. 0.1 Cr | -47.37 % | -28.57 % |
Depreciation | Rs. 0.32 Cr | Rs. 0.34 Cr | Rs. 0.31 Cr | -8.82 % | -3.13 % |
Profit before tax | Rs. 2.91 Cr | Rs. 12.14 Cr | Rs. 9.1 Cr | -25.04 % | + 212.71 % |
Tax % | 26.14 % | 8.36 % | 22.53 % | + 14.17 % | -3.61 % |
Net Profit | Rs. 1.99 Cr | Rs. 26.65 Cr | Rs. 7.04 Cr | -73.58 % | + 253.77 % |
EPS in Rs | Rs. 1.08 | Rs. 11.2 | Rs. 3.26 | -70.89 % | + 201.85 % |
Today, we’re looking at Industrial Investment Trust Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 119.72 %. However, it did see a marginal slip of -34.24 % from the previous quarter. Expenses decreased slightly by -67.27 % quarter-on-quarter, aligning with the annual rise of 4.35 %. Operating profit, while up 193.21 % compared to last year, faced a quarter-on-quarter dip of -14.65 %, 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 20.43 %, but an expansion of 18.71 % sequentially. Other income fell by -99.41 % compared to the last quarter, despite an annual decline of -92.86 %. Interest expenses dropped significantly by -47.37 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28.57 %. Depreciation costs fell by -8.82 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.13 %. Profit before tax grew annually by 212.71 % but saw a reduction from the preceding quarter by -25.04 %.
Tax expenses as a percentage of profits decreased slightly by -3.61 % compared to last year, with a more notable quarter-on-quarter increase of 14.17 %. Net profit rose by 253.77 % year-on-year but witnessed a -73.58 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 201.85 % but a quarterly fall of -70.89 %. In summary, Industrial Investment Trust 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. 5.305 Cr | Rs. 17.726 Cr | Rs. 11.656 Cr | -34.24 % | + 119.72 % |
Expenses | Rs. 2.07 Cr | Rs. 6.6 Cr | Rs. 2.16 Cr | -67.27 % | + 4.35 % |
Operating Profit | Rs. 3.24 Cr | Rs. 11.13 Cr | Rs. 9.5 Cr | -14.65 % | + 193.21 % |
Net Profit | Rs. 1.99 Cr | Rs. 26.65 Cr | Rs. 7.04 Cr | -73.58 % | + 253.77 % |
EPS in Rs | Rs. 1.08 | Rs. 11.2 | Rs. 3.26 | -70.89 % | + 201.85 % |
In reviewing Industrial Investment Trust Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 119.72 % year-on-year growth, although there was a slight dip of -34.24 % from the previous quarter. Expenses rose by 4.35 % compared to the previous year, with a decrease of -67.27 % quarter-on-quarter. Operating Profit surged by 193.21 % annually, and saw a -14.65 % decrease from the last quarter.
Net Profit showed yearly increase of 253.77 %, and experienced a -73.58 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 201.85 % annually, however dipped by -70.89 % compared to the last quarter. In essence, while Industrial Investment Trust Limited 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.
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