Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 27.24 % in the past year, substantial increase in net sales/revenue by 4.71 %.
- 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 630.23 %. Marginal increase in other income during this quarter, up by 430.84%.
- Profit over the Year and quarter: Significant improvement in profitability for IRB Infrastructure Developers Limited. Notable increase of 45.12 % in net profit Year to Year, IRB Infrastructure Developers Limited’s profitability increased by 0.78 % in this quarter.
- EPS over the Year and quarter: EPS increased by 40.91 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1619.977 Cr | Rs. 1968.536 Cr | Rs. 2061.242 Cr | + 4.71 % | + 27.24 % |
| Expenses | Rs. 861.25 Cr | Rs. 1099.07 Cr | Rs. 1171.38 Cr | + 6.58 % | + 36.01 % |
| Operating Profit | Rs. 758.73 Cr | Rs. 869.47 Cr | Rs. 889.86 Cr | + 2.35 % | + 17.28 % |
| OPM % | 46.84 % | 44.17 % | 43.17 % | -1 % | -3.67 % |
| Other Income | Rs. 42.17 Cr | Rs. 58.01 Cr | Rs. 307.94 Cr | + 430.84 % | + 630.23 % |
| Interest | Rs. 373.28 Cr | Rs. 432.7 Cr | Rs. 614.55 Cr | + 42.03 % | + 64.64 % |
| Depreciation | Rs. 222.13 Cr | Rs. 251.31 Cr | Rs. 274.23 Cr | + 9.12 % | + 23.45 % |
| Profit before tax | Rs. 205.49 Cr | Rs. 243.47 Cr | Rs. 309.02 Cr | + 26.92 % | + 50.38 % |
| Tax % | 31.1 % | 19.05 % | 27.04 % | + 7.99 % | -4.06 % |
| Net Profit | Rs. 130.15 Cr | Rs. 187.42 Cr | Rs. 188.88 Cr | + 0.78 % | + 45.12 % |
| EPS in Rs | Rs. 0.22 | Rs. 0.31 | Rs. 0.31 | + 0 % | + 40.91 % |
Today, we’re looking at IRB Infrastructure Developers 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 27.24 %. However, it did see a marginal increase of 4.71 % from the previous quarter. Expenses ticked up slightly by 6.58 % quarter-on-quarter, aligning with the annual rise of 36.01 %. Operating profit, while up 17.28 % compared to last year, faced a quarter-on-quarter increase of 2.35 %, 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 -3.67 %, but a shrinkage of -1 % sequentially. Other income rose by 430.84 % compared to the last quarter, despite an annual growth of 630.23 %. Interest expenses surged remarkably by 42.03 % from the previous quarter, yet the year-over-year increase remains at a moderate 64.64 %. Depreciation costs climbed by 9.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.45 %. Profit before tax grew annually by 50.38 % but saw an increase from the preceding quarter by 26.92 %.
Tax expenses as a percentage of profits decreased slightly by -4.06 % compared to last year, with a more notable quarter-on-quarter increase of 7.99 %. Net profit rose by 45.12 % year-on-year but experienced a 0.78 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 40.91 % but a quarterly rise of 0 %. In summary, IRB Infrastructure Developers 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. 1619.977 Cr | Rs. 1968.536 Cr | Rs. 2061.242 Cr | + 4.71 % | + 27.24 % |
| Expenses | Rs. 861.25 Cr | Rs. 1099.07 Cr | Rs. 1171.38 Cr | + 6.58 % | + 36.01 % |
| Operating Profit | Rs. 758.73 Cr | Rs. 869.47 Cr | Rs. 889.86 Cr | + 2.35 % | + 17.28 % |
| Net Profit | Rs. 130.15 Cr | Rs. 187.42 Cr | Rs. 188.88 Cr | + 0.78 % | + 45.12 % |
| EPS in Rs | Rs. 0.22 | Rs. 0.31 | Rs. 0.31 | + 0 % | + 40.91 % |
In reviewing IRB Infrastructure Developers Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.24 % year-on-year growth, however, there was a minor increase of 4.71 % from the previous quarter. Expenses rose by 36.01 % compared to the previous year, with a 6.58 % increase quarter-on-quarter. Operating Profit surged by 17.28 % annually, and saw a 2.35 % increase from the last quarter.
Net Profit showed yearly increase of 45.12 %, and experienced a 0.78 % increase from the previous quarter. Earnings Per Share (EPS) rose by 40.91 % annually, however rose by 0 % compared to the last quarter. In essence, while IRB Infrastructure Developers 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.
