Share the post "R Systems International ‘s Q2 Results: Profit Drops by 9.48% YoY"
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 -2.9 % over the year, substantial increase in net sales/revenue by 2.79 %.
- 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 1176.42 %. Marginal decrease of -63.15% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for R Systems International Limited. Profit dropped by -9.47 % Year to Year, R Systems International Limited’s profitability increased by 60 % in this quarter.
- EPS over the Year and quarter: EPS declined by -9.41 % Year to Year. EPS increased by 60.48 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 457.347 Cr | Rs. 432.043 Cr | Rs. 444.087 Cr | + 2.79 % | -2.9 % |
Expenses | Rs. 375.24 Cr | Rs. 370.74 Cr | Rs. 375.83 Cr | + 1.37 % | + 0.16 % |
Operating Profit | Rs. 82.11 Cr | Rs. 61.3 Cr | Rs. 68.26 Cr | + 11.35 % | -16.87 % |
OPM % | 17.95 % | 14.19 % | 15.37 % | + 1.18 % | -2.58 % |
Other Income | Rs. 0.123 Cr | Rs. 4.261 Cr | Rs. 1.57 Cr | -63.15 % | + 1176.42 % |
Interest | Rs. 2.77 Cr | Rs. 2 Cr | Rs. 1.61 Cr | -19.5 % | -41.88 % |
Depreciation | Rs. 17.24 Cr | Rs. 16.74 Cr | Rs. 16.57 Cr | -1.02 % | -3.89 % |
Profit before tax | Rs. 62.22 Cr | Rs. 46.82 Cr | Rs. 51.65 Cr | + 10.32 % | -16.99 % |
Tax % | 29.23 % | 46.86 % | 22.92 % | -23.94 % | -6.31 % |
Net Profit | Rs. 43.98 Cr | Rs. 24.88 Cr | Rs. 39.81 Cr | + 60.01 % | -9.48 % |
EPS in Rs | Rs. 3.72 | Rs. 2.1 | Rs. 3.36 | + 60 % | -9.68 % |
Today, we’re looking at R Systems International Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -2.9 %. However, it did see a marginal increase of 2.79 % from the previous quarter. Expenses ticked up slightly by 1.37 % quarter-on-quarter, aligning with the annual rise of 0.16 %. Operating profit, while down -16.87 % compared to last year, faced a quarter-on-quarter increase of 11.35 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.58 %, but an expansion of 1.18 % sequentially. Other income fell by -63.15 % compared to the last quarter, despite an annual growth of 1176.42 %. Interest expenses dropped significantly by -19.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -41.88 %. Depreciation costs fell by -1.02 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.89 %. Profit before tax declined annually by -16.99 % but saw an increase from the preceding quarter by 10.32 %.
Tax expenses as a percentage of profits decreased slightly by -6.31 % compared to last year, with a more notable quarter-on-quarter decrease of -23.94 %. Net profit fell by -9.48 % year-on-year but experienced a 60.01 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -9.68 % but a quarterly rise of 60 %. 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. 457.347 Cr | Rs. 432.043 Cr | Rs. 444.087 Cr | + 2.79 % | -2.9 % |
Expenses | Rs. 375.24 Cr | Rs. 370.74 Cr | Rs. 375.83 Cr | + 1.37 % | + 0.16 % |
Operating Profit | Rs. 82.11 Cr | Rs. 61.3 Cr | Rs. 68.26 Cr | + 11.35 % | -16.87 % |
Net Profit | Rs. 43.98 Cr | Rs. 24.88 Cr | Rs. 39.81 Cr | + 60.01 % | -9.48 % |
EPS in Rs | Rs. 3.72 | Rs. 2.1 | Rs. 3.36 | + 60 % | -9.68 % |
In reviewing R Systems International Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.9 % year-on-year, however, there was a minor increase of 2.79 % from the previous quarter. Expenses rose by 0.16 % compared to the previous year, with a 1.37 % increase quarter-on-quarter. Operating Profit dropped by -16.87 % annually, and saw a 11.35 % increase from the last quarter.
Net Profit showed yearly decrease of -9.48 %, and experienced a 60.01 % increase from the previous quarter. Earnings Per Share (EPS) fell by -9.68 % annually, however rose by 60 % compared to the last quarter. In essence, while R Systems International Limited faces strong annual decline 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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