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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 15.58 % in the past year, substantial increase in net sales/revenue by 10.59 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -48.27 %, Marginal decrease of -5.03% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Lee & Nee Softwares (Exports) Ltd.. Profit dropped by -89.74 % Year to Year, Lee & Nee Softwares (Exports) Ltd.’s profitability dropped by -4.08 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -87.50 % 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. 2.124 Cr | Rs. 2.22 Cr | Rs. 2.455 Cr | + 10.59 % | + 15.58 % |
Expenses | Rs. 2.35 Cr | Rs. 2.49 Cr | Rs. 2.68 Cr | + 7.63 % | + 14.04 % |
Operating Profit | Rs. -0.23 Cr | Rs. -0.27 Cr | Rs. -0.23 Cr | + 14.81 % | + 0 % |
OPM % | -10.83 % | -12.16 % | -9.37 % | + 2.79 % | + 1.46 % |
Other Income | Rs. 0.694 Cr | Rs. 0.378 Cr | Rs. 0.359 Cr | -5.03 % | -48.27 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 200 % |
Profit before tax | Rs. 0.45 Cr | Rs. 0.08 Cr | Rs. 0.1 Cr | + 25 % | -77.78 % |
Tax % | 0 % | 39.76 % | 52.58 % | + 12.82 % | + 52.58 % |
Net Profit | Rs. 0.46 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | -89.13 % |
EPS in Rs | Rs. 0.08 | Rs. 0.01 | Rs. 0.01 | + 0 % | -87.5 % |
Today, we’re looking at Lee & Nee Softwares (Exports) Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 15.58 %. However, it did see a marginal increase of 10.59 % from the previous quarter. Expenses ticked up slightly by 7.63 % quarter-on-quarter, aligning with the annual rise of 14.04 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 14.81 %, 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 1.46 %, but an expansion of 2.79 % sequentially. Other income fell by -5.03 % compared to the last quarter, despite an annual decline of -48.27 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 200 %. Profit before tax declined annually by -77.78 % but saw an increase from the preceding quarter by 25 %.
Tax expenses as a percentage of profits increased slightly by 52.58 % compared to last year, with a more notable quarter-on-quarter increase of 12.82 %. Net profit fell by -89.13 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -87.5 % but a quarterly rise of 0 %. In summary, Lee & Nee Softwares (Exports) 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. 2.124 Cr | Rs. 2.22 Cr | Rs. 2.455 Cr | + 10.59 % | + 15.58 % |
Expenses | Rs. 2.35 Cr | Rs. 2.49 Cr | Rs. 2.68 Cr | + 7.63 % | + 14.04 % |
Operating Profit | Rs. -0.23 Cr | Rs. -0.27 Cr | Rs. -0.23 Cr | + 14.81 % | + 0 % |
Net Profit | Rs. 0.46 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | -89.13 % |
EPS in Rs | Rs. 0.08 | Rs. 0.01 | Rs. 0.01 | + 0 % | -87.5 % |
In reviewing Lee & Nee Softwares (Exports) Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.58 % year-on-year growth, however, there was a minor increase of 10.59 % from the previous quarter. Expenses rose by 14.04 % compared to the previous year, with a 7.63 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 14.81 % increase from the last quarter.
Net Profit showed yearly decrease of -89.13 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) fell by -87.5 % annually, however rose by 0 % compared to the last quarter. In essence, while Lee & Nee Softwares (Exports) Ltd. 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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