Share the post "ONE GLOBAL SERVICE PROVIDER ‘s Q1 Report: Revenue Rises by 8.32% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 8.32 % in the past year, decrease in net sales/revenue by -44.2 %.
- Profit over the Year and quarter: Significant improvement in profitability for ONE GLOBAL SERVICE PROVIDER LIMITED. Notable increase of 79.2 % in net profit Year to Year, ONE GLOBAL SERVICE PROVIDER LIMITED’s profitability dropped by -55.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 78.99 % Year to Year. EPS decreased by -55.81 % 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. 12.519 Cr | Rs. 24.303 Cr | Rs. 13.56 Cr | -44.2 % | + 8.32 % |
| Expenses | Rs. 11.16 Cr | Rs. 18.92 Cr | Rs. 11.17 Cr | -40.96 % | + 0.09 % |
| Operating Profit | Rs. 1.36 Cr | Rs. 5.38 Cr | Rs. 2.39 Cr | -55.58 % | + 75.74 % |
| OPM % | 10.86 % | 22.14 % | 17.63 % | -4.51 % | + 6.77 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.06 Cr | Rs. 0.06 Cr | Rs. 0.04 Cr | -33.33 % | -33.33 % |
| Profit before tax | Rs. 1.3 Cr | Rs. 5.32 Cr | Rs. 2.35 Cr | -55.83 % | + 80.77 % |
| Tax % | 24.89 % | 25.38 % | 25.1 % | -0.28 % | + 0.21 % |
| Net Profit | Rs. 0.98 Cr | Rs. 3.97 Cr | Rs. 1.76 Cr | -55.67 % | + 79.59 % |
| EPS in Rs | Rs. 1.38 | Rs. 5.59 | Rs. 2.47 | -55.81 % | + 78.99 % |
Today, we’re looking at ONE GLOBAL SERVICE PROVIDER 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 8.32 %. However, it did see a marginal slip of -44.2 % from the previous quarter. Expenses decreased slightly by -40.96 % quarter-on-quarter, aligning with the annual rise of 0.09 %. Operating profit, while up 75.74 % compared to last year, faced a quarter-on-quarter dip of -55.58 %, 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 6.77 %, but a shrinkage of -4.51 % sequentially. Depreciation costs fell by -33.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -33.33 %. Profit before tax grew annually by 80.77 % but saw a reduction from the preceding quarter by -55.83 %.
Tax expenses as a percentage of profits increased slightly by 0.21 % compared to last year, with a more notable quarter-on-quarter decrease of -0.28 %. Net profit rose by 79.59 % year-on-year but witnessed a -55.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 78.99 % but a quarterly fall of -55.81 %. In summary, ONE GLOBAL SERVICE PROVIDER 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. 12.519 Cr | Rs. 24.303 Cr | Rs. 13.56 Cr | -44.2 % | + 8.32 % |
| Expenses | Rs. 11.16 Cr | Rs. 18.92 Cr | Rs. 11.17 Cr | -40.96 % | + 0.09 % |
| Operating Profit | Rs. 1.36 Cr | Rs. 5.38 Cr | Rs. 2.39 Cr | -55.58 % | + 75.74 % |
| Net Profit | Rs. 0.98 Cr | Rs. 3.97 Cr | Rs. 1.76 Cr | -55.67 % | + 79.59 % |
| EPS in Rs | Rs. 1.38 | Rs. 5.59 | Rs. 2.47 | -55.81 % | + 78.99 % |
In reviewing ONE GLOBAL SERVICE PROVIDER LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.32 % year-on-year growth, although there was a slight dip of -44.2 % from the previous quarter. Expenses rose by 0.09 % compared to the previous year, with a decrease of -40.96 % quarter-on-quarter. Operating Profit surged by 75.74 % annually, and saw a -55.58 % decrease from the last quarter.
Net Profit showed yearly increase of 79.59 %, and experienced a -55.67 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 78.99 % annually, however dipped by -55.81 % compared to the last quarter. In essence, while ONE GLOBAL SERVICE PROVIDER 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.
[my_shortcode1]
