Share the post "Nila Infrastructures announced Financial Results Q1 2024"
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 69.1 % in the past year, decrease in net sales/revenue by -52.37 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 16.81 %. Marginal decrease of -13.07% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Nila Infrastructures Limited. Notable increase of 2098.68 % in net profit Year to Year, Nila Infrastructures Limited’s profitability dropped by -6.4 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1,200.00 % Year to Year. EPS decreased by -7.14 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 24.431 Cr | Rs. 86.746 Cr | Rs. 41.313 Cr | -52.37 % | + 69.1 % |
Expenses | Rs. 24.93 Cr | Rs. 81.6 Cr | Rs. 37.09 Cr | -54.55 % | + 48.78 % |
Operating Profit | Rs. -0.5 Cr | Rs. 5.15 Cr | Rs. 4.22 Cr | -18.06 % | + 944 % |
OPM % | -2.05 % | 5.94 % | 10.21 % | + 4.27 % | + 12.26 % |
Other Income | Rs. 3.319 Cr | Rs. 4.46 Cr | Rs. 3.877 Cr | -13.07 % | + 16.81 % |
Interest | Rs. 1.98 Cr | Rs. 1.79 Cr | Rs. 1.08 Cr | -39.66 % | -45.45 % |
Depreciation | Rs. 0.37 Cr | Rs. 0.33 Cr | Rs. 0.32 Cr | -3.03 % | -13.51 % |
Profit before tax | Rs. 0.47 Cr | Rs. 7.49 Cr | Rs. 6.7 Cr | -10.55 % | + 1325.53 % |
Tax % | 35.45 % | 29.12 % | 25.65 % | -3.47 % | -9.8 % |
Net Profit | Rs. 0.23 Cr | Rs. 5.33 Cr | Rs. 4.99 Cr | -6.38 % | + 2069.57 % |
EPS in Rs | Rs. 0.01 | Rs. 0.14 | Rs. 0.13 | -7.14 % | + 1200 % |
Today, we’re looking at Nila Infrastructures 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 69.1 %. However, it did see a marginal slip of -52.37 % from the previous quarter. Expenses decreased slightly by -54.55 % quarter-on-quarter, aligning with the annual rise of 48.78 %. Operating profit, while up 944 % compared to last year, faced a quarter-on-quarter dip of -18.06 %, 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 12.26 %, but an expansion of 4.27 % sequentially. Other income fell by -13.07 % compared to the last quarter, despite an annual growth of 16.81 %. Interest expenses dropped significantly by -39.66 % from the previous quarter, yet the year-over-year decrease remains at a moderate -45.45 %. Depreciation costs fell by -3.03 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.51 %. Profit before tax grew annually by 1325.53 % but saw a reduction from the preceding quarter by -10.55 %.
Tax expenses as a percentage of profits decreased slightly by -9.8 % compared to last year, with a more notable quarter-on-quarter decrease of -3.47 %. Net profit rose by 2069.57 % year-on-year but witnessed a -6.38 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1200 % but a quarterly fall of -7.14 %. In summary, Nila Infrastructures 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. 24.431 Cr | Rs. 86.746 Cr | Rs. 41.313 Cr | -52.37 % | + 69.1 % |
Expenses | Rs. 24.93 Cr | Rs. 81.6 Cr | Rs. 37.09 Cr | -54.55 % | + 48.78 % |
Operating Profit | Rs. -0.5 Cr | Rs. 5.15 Cr | Rs. 4.22 Cr | -18.06 % | + 944 % |
Net Profit | Rs. 0.23 Cr | Rs. 5.33 Cr | Rs. 4.99 Cr | -6.38 % | + 2069.57 % |
EPS in Rs | Rs. 0.01 | Rs. 0.14 | Rs. 0.13 | -7.14 % | + 1200 % |
In reviewing Nila Infrastructures Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 69.1 % year-on-year growth, although there was a slight dip of -52.37 % from the previous quarter. Expenses rose by 48.78 % compared to the previous year, with a decrease of -54.55 % quarter-on-quarter. Operating Profit surged by 944 % annually, and saw a -18.06 % decrease from the last quarter.
Net Profit showed yearly increase of 2069.57 %, and experienced a -6.38 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1200 % annually, however dipped by -7.14 % compared to the last quarter. In essence, while Nila Infrastructures 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.
[my_shortcode1 values=”Nila Infrastructures “]