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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 6.21 % in the past year, substantial increase in net sales/revenue by 3.7 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -4.5 %, Marginal increase in other income during this quarter, up by 72.58%.
- Profit over the Year and quarter: Significant improvement in profitability for R Systems International Limited. Notable increase of 72.5 % in net profit Year to Year, R Systems International Limited’s profitability dropped by -9.47 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 72.13 % Year to Year. EPS decreased by -9.48 % 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. 406.78 Cr | Rs. 416.641 Cr | Rs. 432.043 Cr | + 3.7 % | + 6.21 % |
| Expenses | Rs. 353.91 Cr | Rs. 363.32 Cr | Rs. 370.74 Cr | + 2.04 % | + 4.76 % |
| Operating Profit | Rs. 52.87 Cr | Rs. 53.32 Cr | Rs. 61.3 Cr | + 14.97 % | + 15.94 % |
| OPM % | 13 % | 12.8 % | 14.19 % | + 1.39 % | + 1.19 % |
| Other Income | Rs. 4.462 Cr | Rs. 2.469 Cr | Rs. 4.261 Cr | + 72.58 % | -4.5 % |
| Interest | Rs. 1.7 Cr | Rs. 2.84 Cr | Rs. 2 Cr | -29.58 % | + 17.65 % |
| Depreciation | Rs. 10.12 Cr | Rs. 16.56 Cr | Rs. 16.74 Cr | + 1.09 % | + 65.42 % |
| Profit before tax | Rs. 45.51 Cr | Rs. 36.39 Cr | Rs. 46.82 Cr | + 28.66 % | + 2.88 % |
| Tax % | 68.31 % | 24.46 % | 46.86 % | + 22.4 % | -21.45 % |
| Net Profit | Rs. 14.43 Cr | Rs. 27.49 Cr | Rs. 24.88 Cr | -9.49 % | + 72.42 % |
| EPS in Rs | Rs. 1.22 | Rs. 2.32 | Rs. 2.1 | -9.48 % | + 72.13 % |
Today, we’re looking at R Systems International 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 6.21 %. However, it did see a marginal increase of 3.7 % from the previous quarter. Expenses ticked up slightly by 2.04 % quarter-on-quarter, aligning with the annual rise of 4.76 %. Operating profit, while up 15.94 % compared to last year, faced a quarter-on-quarter increase of 14.97 %, 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 1.19 %, but an expansion of 1.39 % sequentially. Other income rose by 72.58 % compared to the last quarter, despite an annual decline of -4.5 %. Interest expenses dropped significantly by -29.58 % from the previous quarter, yet the year-over-year increase remains at a moderate 17.65 %. Depreciation costs climbed by 1.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 65.42 %. Profit before tax grew annually by 2.88 % but saw an increase from the preceding quarter by 28.66 %.
Tax expenses as a percentage of profits decreased slightly by -21.45 % compared to last year, with a more notable quarter-on-quarter increase of 22.4 %. Net profit rose by 72.42 % year-on-year but witnessed a -9.49 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 72.13 % but a quarterly fall of -9.48 %. In summary, R Systems International 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. 406.78 Cr | Rs. 416.641 Cr | Rs. 432.043 Cr | + 3.7 % | + 6.21 % |
| Expenses | Rs. 353.91 Cr | Rs. 363.32 Cr | Rs. 370.74 Cr | + 2.04 % | + 4.76 % |
| Operating Profit | Rs. 52.87 Cr | Rs. 53.32 Cr | Rs. 61.3 Cr | + 14.97 % | + 15.94 % |
| Net Profit | Rs. 14.43 Cr | Rs. 27.49 Cr | Rs. 24.88 Cr | -9.49 % | + 72.42 % |
| EPS in Rs | Rs. 1.22 | Rs. 2.32 | Rs. 2.1 | -9.48 % | + 72.13 % |
In reviewing R Systems International Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.21 % year-on-year growth, however, there was a minor increase of 3.7 % from the previous quarter. Expenses rose by 4.76 % compared to the previous year, with a 2.04 % increase quarter-on-quarter. Operating Profit surged by 15.94 % annually, and saw a 14.97 % increase from the last quarter.
Net Profit showed yearly increase of 72.42 %, and experienced a -9.49 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 72.13 % annually, however dipped by -9.48 % compared to the last quarter. In essence, while R Systems International 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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