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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 -70.15 % over the year, decrease in net sales/revenue by -141.11 %.
- 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 100.15 %. Marginal decrease of -99.96% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for SHRISTI INFRASTRUCTURE DEVELOPMENT CORPORATION LTD.. Profit dropped by -69.43 % Year to Year, SHRISTI INFRASTRUCTURE DEVELOPMENT CORPORATION LTD.’s profitability dropped by -152.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -47.86 % Year to Year. EPS decreased by -152.22 % 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. 43.19 Cr | Rs. -31.36 Cr | Rs. 12.891 Cr | + 141.11 % | -70.15 % |
Expenses | Rs. 44.38 Cr | Rs. 0.25 Cr | Rs. 17.66 Cr | + 6964 % | -60.21 % |
Operating Profit | Rs. -1.19 Cr | Rs. -31.61 Cr | Rs. -4.77 Cr | + 84.91 % | -300.84 % |
OPM % | -2.76 % | 100.8 % | -37 % | -137.8 % | -34.24 % |
Other Income | Rs. -11.173 Cr | Rs. 39.802 Cr | Rs. 0.017 Cr | -99.96 % | + 100.15 % |
Interest | Rs. 8.3 Cr | Rs. 3.91 Cr | Rs. 3.25 Cr | -16.88 % | -60.84 % |
Depreciation | Rs. 6.13 Cr | Rs. 18.41 Cr | Rs. 0.03 Cr | -99.84 % | -99.51 % |
Profit before tax | Rs. -26.79 Cr | Rs. -14.13 Cr | Rs. -8.03 Cr | + 43.17 % | + 70.03 % |
Tax % | -2.46 % | 3.25 % | -8 % | -11.25 % | -5.54 % |
Net Profit | Rs. -27.35 Cr | Rs. 16.04 Cr | Rs. -8.36 Cr | -152.12 % | + 69.43 % |
EPS in Rs | Rs. -7.23 | Rs. 7.22 | Rs. -3.77 | -152.22 % | + 47.86 % |
Today, we’re looking at SHRISTI INFRASTRUCTURE DEVELOPMENT CORPORATION LTD.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -70.15 %. However, it did see a marginal increase of 141.11 % from the previous quarter. Expenses ticked up slightly by 6964 % quarter-on-quarter, aligning with the annual decline of -60.21 %. Operating profit, while down -300.84 % compared to last year, faced a quarter-on-quarter increase of 84.91 %, 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 -34.24 %, but a shrinkage of -137.8 % sequentially. Other income fell by -99.96 % compared to the last quarter, despite an annual growth of 100.15 %. Interest expenses dropped significantly by -16.88 % from the previous quarter, yet the year-over-year decrease remains at a moderate -60.84 %. Depreciation costs fell by -99.84 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -99.51 %. Profit before tax grew annually by 70.03 % but saw an increase from the preceding quarter by 43.17 %.
Tax expenses as a percentage of profits decreased slightly by -5.54 % compared to last year, with a more notable quarter-on-quarter decrease of -11.25 %. Net profit rose by 69.43 % year-on-year but witnessed a -152.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 47.86 % but a quarterly fall of -152.22 %. In summary, SHRISTI INFRASTRUCTURE DEVELOPMENT CORPORATION LTD.’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. 43.19 Cr | Rs. -31.36 Cr | Rs. 12.891 Cr | + 141.11 % | -70.15 % |
Expenses | Rs. 44.38 Cr | Rs. 0.25 Cr | Rs. 17.66 Cr | + 6964 % | -60.21 % |
Operating Profit | Rs. -1.19 Cr | Rs. -31.61 Cr | Rs. -4.77 Cr | + 84.91 % | -300.84 % |
Net Profit | Rs. -27.35 Cr | Rs. 16.04 Cr | Rs. -8.36 Cr | -152.12 % | + 69.43 % |
EPS in Rs | Rs. -7.23 | Rs. 7.22 | Rs. -3.77 | -152.22 % | + 47.86 % |
In reviewing SHRISTI INFRASTRUCTURE DEVELOPMENT CORPORATION LTD.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -70.15 % year-on-year, however, there was a minor increase of 141.11 % from the previous quarter. Expenses decreased by -60.21 % compared to the previous year, with a 6964 % increase quarter-on-quarter. Operating Profit dropped by -300.84 % annually, and saw a 84.91 % increase from the last quarter.
Net Profit showed yearly increase of 69.43 %, and experienced a -152.12 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 47.86 % annually, however dipped by -152.22 % compared to the last quarter. In essence, while SHRISTI INFRASTRUCTURE DEVELOPMENT CORPORATION LTD. 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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