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Highlights
- Sales over the Year and quarter: The company’s sales declined by -22.44 % over the year, substantial increase in net sales/revenue by 132.3 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -13.14 %, Marginal decrease of -28.21% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for ITI Limited (Indian Teleph.Ind.Ltd). Notable increase of 231.65 % in net profit Year to Year, ITI Limited (Indian Teleph.Ind.Ltd)’s profitability increased by 135.86 % in this quarter.
- EPS over the Year and quarter: EPS increased by 223.38 % Year to Year. EPS increased by 137.14 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 775.26 Cr | Rs. 258.837 Cr | Rs. 601.28 Cr | + 132.3 % | -22.44 % |
Expenses | Rs. 781.48 Cr | Rs. 302.33 Cr | Rs. 775.09 Cr | + 156.37 % | -0.82 % |
Operating Profit | Rs. -6.22 Cr | Rs. -43.49 Cr | Rs. -173.81 Cr | -299.66 % | -2694.37 % |
OPM % | -0.8 % | -16.8 % | -28.91 % | -12.11 % | -28.11 % |
Other Income | Rs. 10.81 Cr | Rs. 13.08 Cr | Rs. 9.39 Cr | -28.21 % | -13.14 % |
Interest | Rs. 63.17 Cr | Rs. 57.25 Cr | Rs. 60.22 Cr | + 5.19 % | -4.67 % |
Depreciation | Rs. 13.43 Cr | Rs. 13.59 Cr | Rs. 14.18 Cr | + 4.34 % | + 5.58 % |
Profit before tax | Rs. -72.01 Cr | Rs. -101.25 Cr | Rs. -238.82 Cr | -135.87 % | -231.65 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -72.01 Cr | Rs. -101.25 Cr | Rs. -238.82 Cr | -135.87 % | -231.65 % |
EPS in Rs | Rs. -0.77 | Rs. -1.05 | Rs. -2.49 | -137.14 % | -223.38 % |
Today, we’re looking at ITI Limited (Indian Teleph.Ind.Ltd)’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -22.44 %. However, it did see a marginal increase of 132.3 % from the previous quarter. Expenses ticked up slightly by 156.37 % quarter-on-quarter, aligning with the annual decline of -0.82 %. Operating profit, while down -2694.37 % compared to last year, faced a quarter-on-quarter dip of -299.66 %, 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 -28.11 %, but a shrinkage of -12.11 % sequentially. Other income fell by -28.21 % compared to the last quarter, despite an annual decline of -13.14 %. Interest expenses surged remarkably by 5.19 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.67 %. Depreciation costs climbed by 4.34 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.58 %. Profit before tax declined annually by -231.65 % but saw a reduction from the preceding quarter by -135.87 %.
Net profit fell by -231.65 % year-on-year but witnessed a -135.87 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -223.38 % but a quarterly fall of -137.14 %. In summary, ITI Limited (Indian Teleph.Ind.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. 775.26 Cr | Rs. 258.837 Cr | Rs. 601.28 Cr | + 132.3 % | -22.44 % |
Expenses | Rs. 781.48 Cr | Rs. 302.33 Cr | Rs. 775.09 Cr | + 156.37 % | -0.82 % |
Operating Profit | Rs. -6.22 Cr | Rs. -43.49 Cr | Rs. -173.81 Cr | -299.66 % | -2694.37 % |
Net Profit | Rs. -72.01 Cr | Rs. -101.25 Cr | Rs. -238.82 Cr | -135.87 % | -231.65 % |
EPS in Rs | Rs. -0.77 | Rs. -1.05 | Rs. -2.49 | -137.14 % | -223.38 % |
In reviewing ITI Limited (Indian Teleph.Ind.Ltd)’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -22.44 % year-on-year, however, there was a minor increase of 132.3 % from the previous quarter. Expenses decreased by -0.82 % compared to the previous year, with a 156.37 % increase quarter-on-quarter. Operating Profit dropped by -2694.37 % annually, and saw a -299.66 % decrease from the last quarter.
Net Profit showed yearly decrease of -231.65 %, and experienced a -135.87 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -223.38 % annually, however dipped by -137.14 % compared to the last quarter. In essence, while ITI Limited (Indian Teleph.Ind.Ltd) faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.