Highlights
- Sales over the Year and quarter: The company’s sales declined by -42.11 % over the year, substantial increase in net sales/revenue by 4.93 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -81.84 %, Marginal decrease of -12.64% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for NETWEB TECHNOLOGIES INDIA LIMITED. Notable increase of 89.95 % in net profit Year to Year, NETWEB TECHNOLOGIES INDIA LIMITED’s profitability increased by 14 % in this quarter.
- EPS over the Year and quarter: EPS declined by -4.40 % Year to Year. EPS increased by 13.84 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 459.335 Cr | Rs. 253.401 Cr | Rs. 265.888 Cr | + 4.93 % | -42.11 % |
| Expenses | Rs. 414.26 Cr | Rs. 219.16 Cr | Rs. 225.47 Cr | + 2.88 % | -45.57 % |
| Operating Profit | Rs. 45.08 Cr | Rs. 34.24 Cr | Rs. 40.42 Cr | + 18.05 % | -10.34 % |
| OPM % | 9.81 % | 13.51 % | 15.2 % | + 1.69 % | + 5.39 % |
| Other Income | Rs. 21.7 Cr | Rs. 4.51 Cr | Rs. 3.94 Cr | -12.64 % | -81.84 % |
| Interest | Rs. 14.64 Cr | Rs. 1.8 Cr | Rs. 2.83 Cr | + 57.22 % | -80.67 % |
| Depreciation | Rs. 16.63 Cr | Rs. 1.81 Cr | Rs. 1.73 Cr | -4.42 % | -89.6 % |
| Profit before tax | Rs. 35.51 Cr | Rs. 35.14 Cr | Rs. 39.8 Cr | + 13.26 % | + 12.08 % |
| Tax % | 21.52 % | 26 % | 25.48 % | -0.52 % | + 3.96 % |
| Net Profit | Rs. 15.61 Cr | Rs. 26.01 Cr | Rs. 29.66 Cr | + 14.03 % | + 90.01 % |
| EPS in Rs | Rs. 5.68 | Rs. 4.77 | Rs. 5.43 | + 13.84 % | -4.4 % |
Today, we’re looking at NETWEB TECHNOLOGIES INDIA LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -42.11 %. However, it did see a marginal increase of 4.93 % from the previous quarter. Expenses ticked up slightly by 2.88 % quarter-on-quarter, aligning with the annual decline of -45.57 %. Operating profit, while down -10.34 % compared to last year, faced a quarter-on-quarter increase of 18.05 %, 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 5.39 %, but an expansion of 1.69 % sequentially. Other income fell by -12.64 % compared to the last quarter, despite an annual decline of -81.84 %. Interest expenses surged remarkably by 57.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -80.67 %. Depreciation costs fell by -4.42 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -89.6 %. Profit before tax grew annually by 12.08 % but saw an increase from the preceding quarter by 13.26 %.
Tax expenses as a percentage of profits increased slightly by 3.96 % compared to last year, with a more notable quarter-on-quarter decrease of -0.52 %. Net profit rose by 90.01 % year-on-year but experienced a 14.03 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.4 % but a quarterly rise of 13.84 %. 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.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 459.335 Cr | Rs. 253.401 Cr | Rs. 265.888 Cr | + 4.93 % | -42.11 % |
| Expenses | Rs. 414.26 Cr | Rs. 219.16 Cr | Rs. 225.47 Cr | + 2.88 % | -45.57 % |
| Operating Profit | Rs. 45.08 Cr | Rs. 34.24 Cr | Rs. 40.42 Cr | + 18.05 % | -10.34 % |
| Net Profit | Rs. 15.61 Cr | Rs. 26.01 Cr | Rs. 29.66 Cr | + 14.03 % | + 90.01 % |
| EPS in Rs | Rs. 5.68 | Rs. 4.77 | Rs. 5.43 | + 13.84 % | -4.4 % |
In reviewing NETWEB TECHNOLOGIES INDIA LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -42.11 % year-on-year, however, there was a minor increase of 4.93 % from the previous quarter. Expenses decreased by -45.57 % compared to the previous year, with a 2.88 % increase quarter-on-quarter. Operating Profit dropped by -10.34 % annually, and saw a 18.05 % increase from the last quarter.
Net Profit showed yearly increase of 90.01 %, and experienced a 14.03 % increase from the previous quarter. Earnings Per Share (EPS) fell by -4.4 % annually, however rose by 13.84 % compared to the last quarter. In essence, while NETWEB TECHNOLOGIES INDIA LIMITED exhibits strong annual growth 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.
