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Share the post "Protean EGov Technologies Limi’s Q3 2024-25 Latest News: Revenue Decreases by 0.76% Year-on-Year"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company’s sales declined by -0.76 % over the year, decrease in net sales/revenue by -7.92 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -35.45 %, Marginal increase in other income during this quarter, up by 38.61%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Protean eGov Technologies Limi. Notable increase of 50.56 % in net profit Year to Year, Protean eGov Technologies Limi’s profitability dropped by -18.22 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS increased by 50.53 % Year to Year. EPS decreased by -18.33 % 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. 203.86 Cr | Rs. 219.7 Cr | Rs. 202.31 Cr | -7.92 % | -0.76 % |
| Expenses | Rs. 206.94 Cr | Rs. 188.07 Cr | Rs. 186.53 Cr | -0.82 % | -9.86 % |
| Operating Profit | Rs. -3.08 Cr | Rs. 31.63 Cr | Rs. 15.78 Cr | -50.11 % | + 612.34 % |
| OPM % | -1.51 % | 14.4 % | 7.8 % | -6.6 % | + 9.31 % |
| Other Income | Rs. 29.14 Cr | Rs. 13.57 Cr | Rs. 18.81 Cr | + 38.61 % | -35.45 % |
| Interest | Rs. 0.52 Cr | Rs. 0.49 Cr | Rs. 0.26 Cr | -46.94 % | -50 % |
| Depreciation | Rs. 6.19 Cr | Rs. 7.14 Cr | Rs. 5.81 Cr | -18.63 % | -6.14 % |
| Profit before tax | Rs. 19.35 Cr | Rs. 37.57 Cr | Rs. 28.52 Cr | -24.09 % | + 47.39 % |
| Tax % | 21.29 % | 25.37 % | 19.6 % | -5.77 % | -1.69 % |
| Net Profit | Rs. 15.23 Cr | Rs. 28.04 Cr | Rs. 22.93 Cr | -18.22 % | + 50.56 % |
| EPS in Rs | Rs. 3.68 | Rs. 6.87 | Rs. 5.61 | -18.34 % | + 52.45 % |
Today, we’re looking at Protean eGov Technologies Limi’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -0.76 %. However, it did see a marginal slip of -7.92 % from the previous quarter. Expenses decreased slightly by -0.82 % quarter-on-quarter, aligning with the annual decline of -9.86 %. Operating profit, while up 612.34 % compared to last year, faced a quarter-on-quarter dip of -50.11 %, 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 9.31 %, but a shrinkage of -6.6 % sequentially. Other income rose by 38.61 % compared to the last quarter, despite an annual decline of -35.45 %. Interest expenses dropped significantly by -46.94 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs fell by -18.63 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.14 %. Profit before tax grew annually by 47.39 % but saw a reduction from the preceding quarter by -24.09 %.
Tax expenses as a percentage of profits decreased slightly by -1.69 % compared to last year, with a more notable quarter-on-quarter decrease of -5.77 %. Net profit rose by 50.56 % year-on-year but witnessed a -18.22 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 52.45 % but a quarterly fall of -18.34 %. In summary, Protean eGov Technologies Limi’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. 203.86 Cr | Rs. 219.7 Cr | Rs. 202.31 Cr | -7.92 % | -0.76 % |
| Expenses | Rs. 206.94 Cr | Rs. 188.07 Cr | Rs. 186.53 Cr | -0.82 % | -9.86 % |
| Operating Profit | Rs. -3.08 Cr | Rs. 31.63 Cr | Rs. 15.78 Cr | -50.11 % | + 612.34 % |
| Net Profit | Rs. 15.23 Cr | Rs. 28.04 Cr | Rs. 22.93 Cr | -18.22 % | + 50.56 % |
| EPS in Rs | Rs. 3.68 | Rs. 6.87 | Rs. 5.61 | -18.34 % | + 52.45 % |
In reviewing Protean eGov Technologies Limi’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.76 % year-on-year, although there was a slight dip of -7.92 % from the previous quarter. Expenses decreased by -9.86 % compared to the previous year, with a decrease of -0.82 % quarter-on-quarter. Operating Profit surged by 612.34 % annually, and saw a -50.11 % decrease from the last quarter.
Net Profit showed yearly increase of 50.56 %, and experienced a -18.22 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 52.45 % annually, however dipped by -18.34 % compared to the last quarter. In essence, while Protean eGov Technologies Limi 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.
