Latest Quarterly Result QUEST SOFTECH (INDIA) LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 3226.92 % in YoY and increased by 550.38 % in QoQ

QUEST SOFTECH (INDIA) LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 3226.92 % in YoY and increased by 550.38 % in QoQ

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 3226.92 % in the past year, substantial increase in net sales/revenue by 550.38 %.
  • 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 69.14 %. Marginal increase in other income during this quarter, up by 179.59%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for QUEST SOFTECH (INDIA) LIMITED. Profit dropped by -35.38 % Year to Year, QUEST SOFTECH (INDIA) LIMITED’s profitability dropped by -70.17 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -39.29 % Year to Year. EPS decreased by -71.67 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of QUEST SOFTECH (INDIA) LIMITED”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0.026 Cr Rs. 0.133 Cr Rs. 0.865 Cr + 550.38 % + 3226.92 %
Expenses Rs. 0.29 Cr Rs. 0.58 Cr Rs. 0.97 Cr + 67.24 % + 234.48 %
Operating Profit Rs. -0.26 Cr Rs. -0.45 Cr Rs. -0.11 Cr + 75.56 % + 57.69 %
OPM % -1000 % -338.35 % -12.72 % + 325.63 % + 987.28 %
Other Income Rs. 0 Cr Rs. 0 Cr Rs. 0.03 Cr + 0 % + 0 %
Interest Rs. 0.01 Cr Rs. 0.14 Cr Rs. 0.12 Cr -14.29 % + 1100 %
Depreciation Rs. 0 Cr Rs. 0.02 Cr Rs. 0.06 Cr + 200 % 0 %
Profit before tax Rs. -0.27 Cr Rs. -0.61 Cr Rs. -0.26 Cr + 57.38 % + 3.7 %
Tax % -4.53 % -0.66 % -28.4 % -27.74 % -23.87 %
Net Profit Rs. -0.28 Cr Rs. -0.6 Cr Rs. -0.18 Cr + 70 % + 35.71 %
EPS in Rs Rs. -0.28 Rs. -0.6 Rs. -0.17 + 71.67 % + 39.29 %


Today, we’re looking at QUEST SOFTECH (INDIA) LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3226.92 %. However, it did see a marginal increase of 550.38 % from the previous quarter. Expenses ticked up slightly by 67.24 % quarter-on-quarter, aligning with the annual rise of 234.48 %. Operating profit, while up 57.69 % compared to last year, faced a quarter-on-quarter increase of 75.56 %, 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 987.28 %, but an expansion of 325.63 % sequentially. Other income rose by 179.59 % compared to the last quarter, despite an annual growth of 69.14 %. Interest expenses dropped significantly by -14.29 % from the previous quarter, yet the year-over-year increase remains at a moderate 1100 %. Depreciation costs climbed by 200 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.38 %. Profit before tax grew annually by 3.7 % but saw an increase from the preceding quarter by 57.38 %.
Tax expenses as a percentage of profits decreased slightly by -23.87 % compared to last year, with a more notable quarter-on-quarter decrease of -27.74 %. Net profit rose by 35.71 % year-on-year but experienced a 70 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 39.29 % but a quarterly rise of 71.67 %. In summary, QUEST SOFTECH (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. 0.026 Cr Rs. 0.133 Cr Rs. 0.865 Cr + 550.38 % + 3226.92 %
Expenses Rs. 0.29 Cr Rs. 0.58 Cr Rs. 0.97 Cr + 67.24 % + 234.48 %
Operating Profit Rs. -0.26 Cr Rs. -0.45 Cr Rs. -0.11 Cr + 75.56 % + 57.69 %
Net Profit Rs. -0.28 Cr Rs. -0.6 Cr Rs. -0.18 Cr + 70 % + 35.71 %
EPS in Rs Rs. -0.28 Rs. -0.6 Rs. -0.17 + 71.67 % + 39.29 %


In reviewing QUEST SOFTECH (INDIA) LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3226.92 % year-on-year growth, however, there was a minor increase of 550.38 % from the previous quarter. Expenses rose by 234.48 % compared to the previous year, with a 67.24 % increase quarter-on-quarter. Operating Profit surged by 57.69 % annually, and saw a 75.56 % increase from the last quarter.
Net Profit showed yearly increase of 35.71 %, and experienced a 70 % increase from the previous quarter. Earnings Per Share (EPS) rose by 39.29 % annually, however rose by 71.67 % compared to the last quarter. In essence, while QUEST SOFTECH (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.

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