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Lee & Nee Softwares (Exports) ‘s Q2 Financial results: Revenue Grows by 15.58% YoY

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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.

The comprehensive analytics outlining the performance and outlook of Lee & Nee Softwares (Exports) Ltd.‘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. 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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