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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 33.33 % in the past year, substantial increase in net sales/revenue by 300 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -36.36 %, Marginal decrease of -61.11% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Integrated Hi-tech ltd.. Notable increase of 427.27 % in net profit Year to Year, Integrated Hi-tech ltd.’s profitability dropped by -53.6 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 500.00 % Year to Year. EPS decreased by -50 % 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. 0.006 Cr | Rs. 0.002 Cr | Rs. 0.008 Cr | + 300 % | + 33.33 % |
Expenses | Rs. 0.03 Cr | Rs. 0.12 Cr | Rs. 0.07 Cr | -41.67 % | + 133.33 % |
Operating Profit | Rs. -0.02 Cr | Rs. -0.12 Cr | Rs. -0.06 Cr | + 50 % | -200 % |
OPM % | -333.33 % | -6000 % | -750 % | + 5250 % | -416.67 % |
Other Income | Rs. 0.011 Cr | Rs. 0.018 Cr | Rs. 0.007 Cr | -61.11 % | -36.36 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.03 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.01 Cr | Rs. -0.13 Cr | Rs. -0.05 Cr | + 61.54 % | -400 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.01 Cr | Rs. -0.13 Cr | Rs. -0.06 Cr | + 53.85 % | -500 % |
EPS in Rs | Rs. -0.01 | Rs. -0.12 | Rs. -0.06 | + 50 % | -500 % |
Today, we’re looking at Integrated Hi-tech 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 33.33 %. However, it did see a marginal increase of 300 % from the previous quarter. Expenses decreased slightly by -41.67 % quarter-on-quarter, aligning with the annual rise of 133.33 %. Operating profit, while down -200 % compared to last year, faced a quarter-on-quarter increase of 50 %, 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 -416.67 %, but an expansion of 5250 % sequentially. Other income fell by -61.11 % compared to the last quarter, despite an annual decline of -36.36 %. Profit before tax declined annually by -400 % but saw an increase from the preceding quarter by 61.54 %.
Net profit fell by -500 % year-on-year but experienced a 53.85 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -500 % but a quarterly rise of 50 %. In summary, Integrated Hi-tech 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. 0.006 Cr | Rs. 0.002 Cr | Rs. 0.008 Cr | + 300 % | + 33.33 % |
Expenses | Rs. 0.03 Cr | Rs. 0.12 Cr | Rs. 0.07 Cr | -41.67 % | + 133.33 % |
Operating Profit | Rs. -0.02 Cr | Rs. -0.12 Cr | Rs. -0.06 Cr | + 50 % | -200 % |
Net Profit | Rs. -0.01 Cr | Rs. -0.13 Cr | Rs. -0.06 Cr | + 53.85 % | -500 % |
EPS in Rs | Rs. -0.01 | Rs. -0.12 | Rs. -0.06 | + 50 % | -500 % |
In reviewing Integrated Hi-tech ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.33 % year-on-year growth, however, there was a minor increase of 300 % from the previous quarter. Expenses rose by 133.33 % compared to the previous year, with a decrease of -41.67 % quarter-on-quarter. Operating Profit dropped by -200 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly decrease of -500 %, and experienced a 53.85 % increase from the previous quarter. Earnings Per Share (EPS) fell by -500 % annually, however rose by 50 % compared to the last quarter. In essence, while Integrated Hi-tech ltd. faces strong annual decline 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.