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IST announced Financial Results Q1 2024-25

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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 0.84 % in the past year, decrease in net sales/revenue by -0.6 %.
  • 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 70.35 %. Marginal increase in other income during this quarter, up by 213.63%.
  • Profit over the Year and quarter: Significant improvement in profitability for IST Limited. Notable increase of 42.82 % in net profit Year to Year, IST Limited’s profitability increased by 114.2 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 42.83 % Year to Year. EPS increased by 114.21 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of IST Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 28.541 Cr Rs. 28.954 Cr Rs. 28.78 Cr -0.6 % + 0.84 %
Expenses Rs. 5.83 Cr Rs. 8.51 Cr Rs. 5.85 Cr -31.26 % + 0.34 %
Operating Profit Rs. 22.71 Cr Rs. 20.44 Cr Rs. 22.93 Cr + 12.18 % + 0.97 %
OPM % 79.57 % 70.59 % 79.67 % + 9.08 % + 0.1 %
Other Income Rs. 29.138 Cr Rs. 15.827 Cr Rs. 49.638 Cr + 213.63 % + 70.35 %
Interest Rs. 0.78 Cr Rs. 0.8 Cr Rs. 2.52 Cr + 215 % + 223.08 %
Depreciation Rs. 1.24 Cr Rs. 1.49 Cr Rs. 1.26 Cr -15.44 % + 1.61 %
Profit before tax Rs. 49.83 Cr Rs. 33.98 Cr Rs. 68.79 Cr + 102.44 % + 38.05 %
Tax % 25.94 % 27.63 % 23.31 % -4.32 % -2.63 %
Net Profit Rs. 36.93 Cr Rs. 24.62 Cr Rs. 52.74 Cr + 114.22 % + 42.81 %
EPS in Rs Rs. 31.66 Rs. 21.11 Rs. 45.22 + 114.21 % + 42.83 %


Today, we’re looking at IST Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.84 %. However, it did see a marginal slip of -0.6 % from the previous quarter. Expenses decreased slightly by -31.26 % quarter-on-quarter, aligning with the annual rise of 0.34 %. Operating profit, while up 0.97 % compared to last year, faced a quarter-on-quarter increase of 12.18 %, 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 0.1 %, but an expansion of 9.08 % sequentially. Other income rose by 213.63 % compared to the last quarter, despite an annual growth of 70.35 %. Interest expenses surged remarkably by 215 % from the previous quarter, yet the year-over-year increase remains at a moderate 223.08 %. Depreciation costs fell by -15.44 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.61 %. Profit before tax grew annually by 38.05 % but saw an increase from the preceding quarter by 102.44 %.
Tax expenses as a percentage of profits decreased slightly by -2.63 % compared to last year, with a more notable quarter-on-quarter decrease of -4.32 %. Net profit rose by 42.81 % year-on-year but experienced a 114.22 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.83 % but a quarterly rise of 114.21 %. In summary, IST 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. 28.541 Cr Rs. 28.954 Cr Rs. 28.78 Cr -0.6 % + 0.84 %
Expenses Rs. 5.83 Cr Rs. 8.51 Cr Rs. 5.85 Cr -31.26 % + 0.34 %
Operating Profit Rs. 22.71 Cr Rs. 20.44 Cr Rs. 22.93 Cr + 12.18 % + 0.97 %
Net Profit Rs. 36.93 Cr Rs. 24.62 Cr Rs. 52.74 Cr + 114.22 % + 42.81 %
EPS in Rs Rs. 31.66 Rs. 21.11 Rs. 45.22 + 114.21 % + 42.83 %


In reviewing IST Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.84 % year-on-year growth, although there was a slight dip of -0.6 % from the previous quarter. Expenses rose by 0.34 % compared to the previous year, with a decrease of -31.26 % quarter-on-quarter. Operating Profit surged by 0.97 % annually, and saw a 12.18 % increase from the last quarter.
Net Profit showed yearly increase of 42.81 %, and experienced a 114.22 % increase from the previous quarter. Earnings Per Share (EPS) rose by 42.83 % annually, however rose by 114.21 % compared to the last quarter. In essence, while IST 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.

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