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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 120.94 % in the past year, substantial increase in net sales/revenue by 14.39 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -10.55 %, Marginal decrease of -58.99% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Neo Infracon Ltd.. Notable increase of 106.79 % in net profit Year to Year, Neo Infracon Ltd.’s profitability increased by 746.3 % in this quarter.
- EPS over the Year and quarter: EPS increased by 104.76 % Year to Year. EPS increased by 760 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.511 Cr | Rs. 0.987 Cr | Rs. 1.129 Cr | + 14.39 % | + 120.94 % |
Expenses | Rs. 0.76 Cr | Rs. 1.21 Cr | Rs. 1.39 Cr | + 14.88 % | + 82.89 % |
Operating Profit | Rs. -0.25 Cr | Rs. -0.22 Cr | Rs. -0.26 Cr | -18.18 % | -4 % |
OPM % | -48.92 % | -22.29 % | -23.03 % | -0.74 % | + 25.89 % |
Other Income | Rs. 0.199 Cr | Rs. 0.434 Cr | Rs. 0.178 Cr | -58.99 % | -10.55 % |
Interest | Rs. 0.12 Cr | Rs. 0.14 Cr | Rs. 0.31 Cr | + 121.43 % | + 158.33 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.06 Cr | Rs. 0.05 Cr | -16.67 % | + 0 % |
Profit before tax | Rs. -0.22 Cr | Rs. 0.01 Cr | Rs. -0.44 Cr | -4500 % | -100 % |
Tax % | -0 % | 507.69 % | -2.7 % | -510.39 % | -2.7 % |
Net Profit | Rs. -0.22 Cr | Rs. -0.05 Cr | Rs. -0.46 Cr | -820 % | -109.09 % |
EPS in Rs | Rs. -0.42 | Rs. -0.1 | Rs. -0.86 | -760 % | -104.76 % |
Today, we’re looking at Neo Infracon Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 120.94 %. However, it did see a marginal increase of 14.39 % from the previous quarter. Expenses ticked up slightly by 14.88 % quarter-on-quarter, aligning with the annual rise of 82.89 %. Operating profit, while down -4 % compared to last year, faced a quarter-on-quarter dip of -18.18 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 25.89 %, but a shrinkage of -0.74 % sequentially. Other income fell by -58.99 % compared to the last quarter, despite an annual decline of -10.55 %. Interest expenses surged remarkably by 121.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 158.33 %. Depreciation costs fell by -16.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -100 % but saw a reduction from the preceding quarter by -4500 %.
Tax expenses as a percentage of profits decreased slightly by -2.7 % compared to last year, with a more notable quarter-on-quarter decrease of -510.39 %. Net profit fell by -109.09 % year-on-year but witnessed a -820 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -104.76 % but a quarterly fall of -760 %. In summary, Neo Infracon 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. 0.511 Cr | Rs. 0.987 Cr | Rs. 1.129 Cr | + 14.39 % | + 120.94 % |
Expenses | Rs. 0.76 Cr | Rs. 1.21 Cr | Rs. 1.39 Cr | + 14.88 % | + 82.89 % |
Operating Profit | Rs. -0.25 Cr | Rs. -0.22 Cr | Rs. -0.26 Cr | -18.18 % | -4 % |
Net Profit | Rs. -0.22 Cr | Rs. -0.05 Cr | Rs. -0.46 Cr | -820 % | -109.09 % |
EPS in Rs | Rs. -0.42 | Rs. -0.1 | Rs. -0.86 | -760 % | -104.76 % |
In reviewing Neo Infracon Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 120.94 % year-on-year growth, however, there was a minor increase of 14.39 % from the previous quarter. Expenses rose by 82.89 % compared to the previous year, with a 14.88 % increase quarter-on-quarter. Operating Profit dropped by -4 % annually, and saw a -18.18 % decrease from the last quarter.
Net Profit showed yearly decrease of -109.09 %, and experienced a -820 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -104.76 % annually, however dipped by -760 % compared to the last quarter. In essence, while Neo Infracon 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.
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