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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’s sales declined by -54.1 % over the year, decrease in net sales/revenue by -67.97 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -20.03 %, Marginal increase in other income during this quarter, up by 76.95%.
- Profit over the Year and quarter: Challenges in sustaining profitability for RAMINFO LIMITED. Profit dropped by -38.02 % Year to Year, RAMINFO LIMITED’s profitability increased by 102.59 % in this quarter.
- EPS over the Year and quarter: EPS declined by -44.66 % Year to Year. EPS increased by 65.22 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 17.395 Cr | Rs. 24.929 Cr | Rs. 7.984 Cr | -67.97 % | -54.1 % |
| Expenses | Rs. 15.7 Cr | Rs. 23.75 Cr | Rs. 6.68 Cr | -71.87 % | -57.45 % |
| Operating Profit | Rs. 1.7 Cr | Rs. 1.18 Cr | Rs. 1.3 Cr | + 10.17 % | -23.53 % |
| OPM % | 9.77 % | 4.73 % | 16.28 % | + 11.55 % | + 6.51 % |
| Other Income | Rs. 1.248 Cr | Rs. 0.564 Cr | Rs. 0.998 Cr | + 76.95 % | -20.03 % |
| Interest | Rs. 0.17 Cr | Rs. 0.16 Cr | Rs. 0.33 Cr | + 106.25 % | + 94.12 % |
| Depreciation | Rs. 0.56 Cr | Rs. 0.66 Cr | Rs. 0.91 Cr | + 37.88 % | + 62.5 % |
| Profit before tax | Rs. 2.22 Cr | Rs. 0.92 Cr | Rs. 1.06 Cr | + 15.22 % | -52.25 % |
| Tax % | 37.43 % | 54.01 % | 18.81 % | -35.2 % | -18.62 % |
| Net Profit | Rs. 1.39 Cr | Rs. 0.42 Cr | Rs. 0.86 Cr | + 104.76 % | -38.13 % |
| EPS in Rs | Rs. 2.06 | Rs. 0.69 | Rs. 1.14 | + 65.22 % | -44.66 % |
Today, we’re looking at RAMINFO LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -54.1 %. However, it did see a marginal slip of -67.97 % from the previous quarter. Expenses decreased slightly by -71.87 % quarter-on-quarter, aligning with the annual decline of -57.45 %. Operating profit, while down -23.53 % compared to last year, faced a quarter-on-quarter increase of 10.17 %, 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 6.51 %, but an expansion of 11.55 % sequentially. Other income rose by 76.95 % compared to the last quarter, despite an annual decline of -20.03 %. Interest expenses surged remarkably by 106.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 94.12 %. Depreciation costs climbed by 37.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 62.5 %. Profit before tax declined annually by -52.25 % but saw an increase from the preceding quarter by 15.22 %.
Tax expenses as a percentage of profits decreased slightly by -18.62 % compared to last year, with a more notable quarter-on-quarter decrease of -35.2 %. Net profit fell by -38.13 % year-on-year but experienced a 104.76 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -44.66 % but a quarterly rise of 65.22 %. In summary, RAMINFO 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. 17.395 Cr | Rs. 24.929 Cr | Rs. 7.984 Cr | -67.97 % | -54.1 % |
| Expenses | Rs. 15.7 Cr | Rs. 23.75 Cr | Rs. 6.68 Cr | -71.87 % | -57.45 % |
| Operating Profit | Rs. 1.7 Cr | Rs. 1.18 Cr | Rs. 1.3 Cr | + 10.17 % | -23.53 % |
| Net Profit | Rs. 1.39 Cr | Rs. 0.42 Cr | Rs. 0.86 Cr | + 104.76 % | -38.13 % |
| EPS in Rs | Rs. 2.06 | Rs. 0.69 | Rs. 1.14 | + 65.22 % | -44.66 % |
In reviewing RAMINFO LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -54.1 % year-on-year, although there was a slight dip of -67.97 % from the previous quarter. Expenses decreased by -57.45 % compared to the previous year, with a decrease of -71.87 % quarter-on-quarter. Operating Profit dropped by -23.53 % annually, and saw a 10.17 % increase from the last quarter.
Net Profit showed yearly decrease of -38.13 %, and experienced a 104.76 % increase from the previous quarter. Earnings Per Share (EPS) fell by -44.66 % annually, however rose by 65.22 % compared to the last quarter. In essence, while RAMINFO 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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