Share the post "Intrasoft Technologies : Q4 2024 Financial Quarterly Report: YoY Sales Up 2.96 %, QoQ Down 1.21 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2.96 % in the past year, decrease in net sales/revenue by -1.21 %.
- 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 43.43 %. Marginal increase in other income during this quarter, up by 57.86%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Intrasoft Technologies Limited. Profit dropped by -3.52 % Year to Year, Intrasoft Technologies Limited’s profitability increased by 6.5 % in this quarter.
- EPS over the Year and quarter: EPS declined by -6.02 % Year to Year. EPS increased by 4 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 118.01 Cr | Rs. 122.994 Cr | Rs. 121.504 Cr | -1.21 % | + 2.96 % |
| Expenses | Rs. 113.93 Cr | Rs. 118.03 Cr | Rs. 116.66 Cr | -1.16 % | + 2.4 % |
| Operating Profit | Rs. 4.08 Cr | Rs. 4.96 Cr | Rs. 4.84 Cr | -2.42 % | + 18.63 % |
| OPM % | 3.46 % | 4.03 % | 3.98 % | -0.05 % | + 0.52 % |
| Other Income | Rs. 1.75 Cr | Rs. 1.59 Cr | Rs. 2.51 Cr | + 57.86 % | + 43.43 % |
| Interest | Rs. 2.82 Cr | Rs. 2.86 Cr | Rs. 3.16 Cr | + 10.49 % | + 12.06 % |
| Depreciation | Rs. 0.27 Cr | Rs. 0.24 Cr | Rs. 0.23 Cr | -4.17 % | -14.81 % |
| Profit before tax | Rs. 2.74 Cr | Rs. 3.45 Cr | Rs. 3.96 Cr | + 14.78 % | + 44.53 % |
| Tax % | 11.05 % | 35.84 % | 40.47 % | + 4.63 % | + 29.42 % |
| Net Profit | Rs. 2.45 Cr | Rs. 2.22 Cr | Rs. 2.36 Cr | + 6.31 % | -3.67 % |
| EPS in Rs | Rs. 1.66 | Rs. 1.5 | Rs. 1.56 | + 4 % | -6.02 % |
Today, we’re looking at Intrasoft Technologies 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 2.96 %. However, it did see a marginal slip of -1.21 % from the previous quarter. Expenses decreased slightly by -1.16 % quarter-on-quarter, aligning with the annual rise of 2.4 %. Operating profit, while up 18.63 % compared to last year, faced a quarter-on-quarter dip of -2.42 %, 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 0.52 %, but a shrinkage of -0.05 % sequentially. Other income rose by 57.86 % compared to the last quarter, despite an annual growth of 43.43 %. Interest expenses surged remarkably by 10.49 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.06 %. Depreciation costs fell by -4.17 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -14.81 %. Profit before tax grew annually by 44.53 % but saw an increase from the preceding quarter by 14.78 %.
Tax expenses as a percentage of profits increased slightly by 29.42 % compared to last year, with a more notable quarter-on-quarter increase of 4.63 %. Net profit fell by -3.67 % year-on-year but experienced a 6.31 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -6.02 % but a quarterly rise of 4 %. In summary, Intrasoft Technologies 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. 118.01 Cr | Rs. 122.994 Cr | Rs. 121.504 Cr | -1.21 % | + 2.96 % |
| Expenses | Rs. 113.93 Cr | Rs. 118.03 Cr | Rs. 116.66 Cr | -1.16 % | + 2.4 % |
| Operating Profit | Rs. 4.08 Cr | Rs. 4.96 Cr | Rs. 4.84 Cr | -2.42 % | + 18.63 % |
| Net Profit | Rs. 2.45 Cr | Rs. 2.22 Cr | Rs. 2.36 Cr | + 6.31 % | -3.67 % |
| EPS in Rs | Rs. 1.66 | Rs. 1.5 | Rs. 1.56 | + 4 % | -6.02 % |
In reviewing Intrasoft Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.96 % year-on-year growth, although there was a slight dip of -1.21 % from the previous quarter. Expenses rose by 2.4 % compared to the previous year, with a decrease of -1.16 % quarter-on-quarter. Operating Profit surged by 18.63 % annually, and saw a -2.42 % decrease from the last quarter.
Net Profit showed yearly decrease of -3.67 %, and experienced a 6.31 % increase from the previous quarter. Earnings Per Share (EPS) fell by -6.02 % annually, however rose by 4 % compared to the last quarter. In essence, while Intrasoft Technologies 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.
