Share the post "PCS Technology announced Financial Results Q1 2024-25"
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 12.33 % in the past year, decrease in net sales/revenue by -22.64 %.
- 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 13.31 %. Marginal decrease of -1.9% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for PCS Technology Ltd.. Notable increase of 330.88 % in net profit Year to Year, PCS Technology Ltd.’s profitability dropped by -7.28 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 366.67 % Year to Year. EPS decreased by -6.67 % 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. 0.073 Cr | Rs. 0.106 Cr | Rs. 0.082 Cr | -22.64 % | + 12.33 % |
Expenses | Rs. 0.48 Cr | Rs. 0.36 Cr | Rs. 0.34 Cr | -5.56 % | -29.17 % |
Operating Profit | Rs. -0.41 Cr | Rs. -0.25 Cr | Rs. -0.26 Cr | -4 % | + 36.59 % |
OPM % | -561.64 % | -235.85 % | -317.07 % | -81.22 % | + 244.57 % |
Other Income | Rs. 0.729 Cr | Rs. 0.842 Cr | Rs. 0.826 Cr | -1.9 % | + 13.31 % |
Interest | Rs. 0.1 Cr | Rs. 0.1 Cr | Rs. 0.1 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.17 Cr | Rs. 0.44 Cr | Rs. 0.42 Cr | -4.55 % | + 147.06 % |
Tax % | 60.23 % | 28.18 % | 31.22 % | + 3.04 % | -29.01 % |
Net Profit | Rs. 0.07 Cr | Rs. 0.32 Cr | Rs. 0.29 Cr | -9.38 % | + 314.29 % |
EPS in Rs | Rs. 0.03 | Rs. 0.15 | Rs. 0.14 | -6.67 % | + 366.67 % |
Today, we’re looking at PCS Technology 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 12.33 %. However, it did see a marginal slip of -22.64 % from the previous quarter. Expenses decreased slightly by -5.56 % quarter-on-quarter, aligning with the annual decline of -29.17 %. Operating profit, while up 36.59 % compared to last year, faced a quarter-on-quarter dip of -4 %, 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 244.57 %, but a shrinkage of -81.22 % sequentially. Other income fell by -1.9 % compared to the last quarter, despite an annual growth of 13.31 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 147.06 % but saw a reduction from the preceding quarter by -4.55 %.
Tax expenses as a percentage of profits decreased slightly by -29.01 % compared to last year, with a more notable quarter-on-quarter increase of 3.04 %. Net profit rose by 314.29 % year-on-year but witnessed a -9.38 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 366.67 % but a quarterly fall of -6.67 %. In summary, PCS Technology 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. 0.073 Cr | Rs. 0.106 Cr | Rs. 0.082 Cr | -22.64 % | + 12.33 % |
Expenses | Rs. 0.48 Cr | Rs. 0.36 Cr | Rs. 0.34 Cr | -5.56 % | -29.17 % |
Operating Profit | Rs. -0.41 Cr | Rs. -0.25 Cr | Rs. -0.26 Cr | -4 % | + 36.59 % |
Net Profit | Rs. 0.07 Cr | Rs. 0.32 Cr | Rs. 0.29 Cr | -9.38 % | + 314.29 % |
EPS in Rs | Rs. 0.03 | Rs. 0.15 | Rs. 0.14 | -6.67 % | + 366.67 % |
In reviewing PCS Technology Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.33 % year-on-year growth, although there was a slight dip of -22.64 % from the previous quarter. Expenses decreased by -29.17 % compared to the previous year, with a decrease of -5.56 % quarter-on-quarter. Operating Profit surged by 36.59 % annually, and saw a -4 % decrease from the last quarter.
Net Profit showed yearly increase of 314.29 %, and experienced a -9.38 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 366.67 % annually, however dipped by -6.67 % compared to the last quarter. In essence, while PCS Technology Ltd. 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 values=”PCS Technology “]