Netweb Technologies India : Q1 2024 Financial Quarterly Report : YoY Sales Up 149.68 %, QoQ Down 43.84 %

The comprehensive analytics outlining the performance and outlook of Netweb Technologies India 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.

Today, we’re looking at Netweb Technologies India 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 149.68 %. However, it did see a marginal slip of -43.84 % from the previous quarter. Expenses decreased slightly by -42.65 % quarter-on-quarter, aligning with the annual rise of 152.71 %. Operating profit, while up 131.87 % compared to last year, faced a quarter-on-quarter dip of -50.49 %, 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 -1.03 %, but a shrinkage of -1.8 % sequentially. Other income fell by -1.27 % compared to the last quarter, despite an annual growth of 848.78 %. Interest expenses dropped significantly by -72.44 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.75 %. Depreciation costs climbed by 40.46 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 88.37 %. Profit before tax grew annually by 204.71 % but saw a reduction from the preceding quarter by -48.02 %.
Tax expenses as a percentage of profits increased slightly by 0.22 % compared to last year, with a more notable quarter-on-quarter decrease of -0.14 %. Net profit rose by 203.34 % year-on-year but witnessed a -47.94 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 176.77 % but a quarterly fall of -49.54 %. In summary, Netweb Technologies India Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Netweb Technologies India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 149.68 % year-on-year growth, although there was a slight dip of -43.84 % from the previous quarter. Expenses rose by 152.71 % compared to the previous year, with a decrease of -42.65 % quarter-on-quarter. Operating Profit surged by 131.87 % annually, and saw a -50.49 % decrease from the last quarter.
Net Profit showed yearly increase of 203.34 %, and experienced a -47.94 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 176.77 % annually, however dipped by -49.54 % compared to the last quarter. In essence, while Netweb Technologies India Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.