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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 12.24 % in the past year, decrease in net sales/revenue by -20.11 %.
- 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 33.55 %. Marginal increase in other income during this quarter, up by 46.2%.
- Profit over the Year and quarter: Significant improvement in profitability for Informed Technologies India Ltd.. Notable increase of 37.31 % in net profit Year to Year, Informed Technologies India Ltd.’s profitability increased by 94.6 % in this quarter.
- EPS over the Year and quarter: EPS increased by 37.04 % Year to Year. EPS increased by 94.74 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.531 Cr | Rs. 0.746 Cr | Rs. 0.596 Cr | -20.11 % | + 12.24 % |
Expenses | Rs. 0.8 Cr | Rs. 1.19 Cr | Rs. 0.9 Cr | -24.37 % | + 12.5 % |
Operating Profit | Rs. -0.27 Cr | Rs. -0.44 Cr | Rs. -0.3 Cr | + 31.82 % | -11.11 % |
OPM % | -50.85 % | -58.98 % | -50.34 % | + 8.64 % | + 0.51 % |
Other Income | Rs. 1.225 Cr | Rs. 1.119 Cr | Rs. 1.636 Cr | + 46.2 % | + 33.55 % |
Interest | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.09 Cr | Rs. 0.1 Cr | Rs. 0.09 Cr | -10 % | + 0 % |
Profit before tax | Rs. 0.85 Cr | Rs. 0.56 Cr | Rs. 1.23 Cr | + 119.64 % | + 44.71 % |
Tax % | 10.4 % | 0.88 % | 20.02 % | + 19.14 % | + 9.62 % |
Net Profit | Rs. 0.79 Cr | Rs. 0.56 Cr | Rs. 1.08 Cr | + 92.86 % | + 36.71 % |
EPS in Rs | Rs. 1.89 | Rs. 1.33 | Rs. 2.59 | + 94.74 % | + 37.04 % |
Today, we’re looking at Informed Technologies India Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.24 %. However, it did see a marginal slip of -20.11 % from the previous quarter. Expenses decreased slightly by -24.37 % quarter-on-quarter, aligning with the annual rise of 12.5 %. Operating profit, while down -11.11 % compared to last year, faced a quarter-on-quarter increase of 31.82 %, 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 0.51 %, but an expansion of 8.64 % sequentially. Other income rose by 46.2 % compared to the last quarter, despite an annual growth of 33.55 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -10 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 44.71 % but saw an increase from the preceding quarter by 119.64 %.
Tax expenses as a percentage of profits increased slightly by 9.62 % compared to last year, with a more notable quarter-on-quarter increase of 19.14 %. Net profit rose by 36.71 % year-on-year but experienced a 92.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 37.04 % but a quarterly rise of 94.74 %. In summary, Informed Technologies India 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. 0.531 Cr | Rs. 0.746 Cr | Rs. 0.596 Cr | -20.11 % | + 12.24 % |
Expenses | Rs. 0.8 Cr | Rs. 1.19 Cr | Rs. 0.9 Cr | -24.37 % | + 12.5 % |
Operating Profit | Rs. -0.27 Cr | Rs. -0.44 Cr | Rs. -0.3 Cr | + 31.82 % | -11.11 % |
Net Profit | Rs. 0.79 Cr | Rs. 0.56 Cr | Rs. 1.08 Cr | + 92.86 % | + 36.71 % |
EPS in Rs | Rs. 1.89 | Rs. 1.33 | Rs. 2.59 | + 94.74 % | + 37.04 % |
In reviewing Informed Technologies India Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.24 % year-on-year growth, although there was a slight dip of -20.11 % from the previous quarter. Expenses rose by 12.5 % compared to the previous year, with a decrease of -24.37 % quarter-on-quarter. Operating Profit dropped by -11.11 % annually, and saw a 31.82 % increase from the last quarter.
Net Profit showed yearly increase of 36.71 %, and experienced a 92.86 % increase from the previous quarter. Earnings Per Share (EPS) rose by 37.04 % annually, however rose by 94.74 % compared to the last quarter. In essence, while Informed Technologies India Ltd. 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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