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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’s sales declined by -28.98 % over the year, decrease in net sales/revenue by -54.21 %.
- 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 277.78 %. Marginal increase in other income during this quarter, up by 100.63%.
- Profit over the Year and quarter: Significant improvement in profitability for IRONWOOD EDUCATION LIMITED. Notable increase of 47.32 % in net profit Year to Year, IRONWOOD EDUCATION LIMITED’s profitability dropped by -89.5 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 46.15 % Year to Year. EPS decreased by -89.55 % 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. 0.949 Cr | Rs. 1.472 Cr | Rs. 0.674 Cr | -54.21 % | -28.98 % |
Expenses | Rs. 1.12 Cr | Rs. 1.32 Cr | Rs. 1.08 Cr | -18.18 % | -3.57 % |
Operating Profit | Rs. -0.17 Cr | Rs. 0.15 Cr | Rs. -0.41 Cr | -373.33 % | -141.18 % |
OPM % | -17.91 % | 10.19 % | -60.83 % | -71.02 % | -42.92 % |
Other Income | Rs. 0.009 Cr | Rs. -5.418 Cr | Rs. 0.034 Cr | + 100.63 % | + 277.78 % |
Interest | Rs. 0.15 Cr | Rs. 0.36 Cr | Rs. 0.12 Cr | -66.67 % | -20 % |
Depreciation | Rs. 0.1 Cr | Rs. 0.11 Cr | Rs. 0.11 Cr | + 0 % | + 10 % |
Profit before tax | Rs. -0.41 Cr | Rs. -5.74 Cr | Rs. -0.61 Cr | + 89.37 % | -48.78 % |
Tax % | -0 % | -0.28 % | -0 % | + 0.28 % | 0 % |
Net Profit | Rs. -0.41 Cr | Rs. -5.75 Cr | Rs. -0.6 Cr | + 89.57 % | -46.34 % |
EPS in Rs | Rs. -0.52 | Rs. -7.27 | Rs. -0.76 | + 89.55 % | -46.15 % |
Today, we’re looking at IRONWOOD EDUCATION LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -28.98 %. However, it did see a marginal slip of -54.21 % from the previous quarter. Expenses decreased slightly by -18.18 % quarter-on-quarter, aligning with the annual decline of -3.57 %. Operating profit, while down -141.18 % compared to last year, faced a quarter-on-quarter dip of -373.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -42.92 %, but a shrinkage of -71.02 % sequentially. Other income rose by 100.63 % compared to the last quarter, despite an annual growth of 277.78 %. Interest expenses dropped significantly by -66.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10 %. Profit before tax declined annually by -48.78 % but saw an increase from the preceding quarter by 89.37 %.
with a more notable quarter-on-quarter increase of 0.28 %. Net profit fell by -46.34 % year-on-year but experienced a 89.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -46.15 % but a quarterly rise of 89.55 %. In summary, IRONWOOD EDUCATION 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. 0.949 Cr | Rs. 1.472 Cr | Rs. 0.674 Cr | -54.21 % | -28.98 % |
Expenses | Rs. 1.12 Cr | Rs. 1.32 Cr | Rs. 1.08 Cr | -18.18 % | -3.57 % |
Operating Profit | Rs. -0.17 Cr | Rs. 0.15 Cr | Rs. -0.41 Cr | -373.33 % | -141.18 % |
Net Profit | Rs. -0.41 Cr | Rs. -5.75 Cr | Rs. -0.6 Cr | + 89.57 % | -46.34 % |
EPS in Rs | Rs. -0.52 | Rs. -7.27 | Rs. -0.76 | + 89.55 % | -46.15 % |
In reviewing IRONWOOD EDUCATION LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -28.98 % year-on-year, although there was a slight dip of -54.21 % from the previous quarter. Expenses decreased by -3.57 % compared to the previous year, with a decrease of -18.18 % quarter-on-quarter. Operating Profit dropped by -141.18 % annually, and saw a -373.33 % decrease from the last quarter.
Net Profit showed yearly decrease of -46.34 %, and experienced a 89.57 % increase from the previous quarter. Earnings Per Share (EPS) fell by -46.15 % annually, however rose by 89.55 % compared to the last quarter. In essence, while IRONWOOD EDUCATION LIMITED 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.
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