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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 -44.97 % over the year, decrease in net sales/revenue by -79.38 %.
- 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 40.91 %. Marginal decrease of -21.52% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Southern Infosys Limited. Notable increase of 27.27 % in net profit Year to Year, Southern Infosys Limited’s profitability dropped by -79.51 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 14.29 % Year to Year. EPS decreased by -80.49 % 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. 3.158 Cr | Rs. 8.428 Cr | Rs. 1.738 Cr | -79.38 % | -44.97 % |
Expenses | Rs. 3.17 Cr | Rs. 8.28 Cr | Rs. 1.73 Cr | -79.11 % | -45.43 % |
Operating Profit | Rs. -0.01 Cr | Rs. 0.15 Cr | Rs. 0.01 Cr | -93.33 % | + 200 % |
OPM % | -0.32 % | 1.78 % | 0.58 % | -1.2 % | + 0.9 % |
Other Income | Rs. 0.044 Cr | Rs. 0.079 Cr | Rs. 0.062 Cr | -21.52 % | + 40.91 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 0 % |
Profit before tax | Rs. 0.01 Cr | Rs. 0.22 Cr | Rs. 0.05 Cr | -77.27 % | + 400 % |
Tax % | 54.55 % | 30.09 % | 20.45 % | -9.64 % | -34.1 % |
Net Profit | Rs. 0.03 Cr | Rs. 0.21 Cr | Rs. 0.04 Cr | -80.95 % | + 33.33 % |
EPS in Rs | Rs. 0.07 | Rs. 0.41 | Rs. 0.08 | -80.49 % | + 14.29 % |
Today, we’re looking at Southern Infosys 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 -44.97 %. However, it did see a marginal slip of -79.38 % from the previous quarter. Expenses decreased slightly by -79.11 % quarter-on-quarter, aligning with the annual decline of -45.43 %. Operating profit, while up 200 % compared to last year, faced a quarter-on-quarter dip of -93.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.9 %, but a shrinkage of -1.2 % sequentially. Other income fell by -21.52 % compared to the last quarter, despite an annual growth of 40.91 %. Depreciation costs climbed by 100 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 400 % but saw a reduction from the preceding quarter by -77.27 %.
Tax expenses as a percentage of profits decreased slightly by -34.1 % compared to last year, with a more notable quarter-on-quarter decrease of -9.64 %. Net profit rose by 33.33 % year-on-year but witnessed a -80.95 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 14.29 % but a quarterly fall of -80.49 %. In summary, Southern Infosys 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. 3.158 Cr | Rs. 8.428 Cr | Rs. 1.738 Cr | -79.38 % | -44.97 % |
Expenses | Rs. 3.17 Cr | Rs. 8.28 Cr | Rs. 1.73 Cr | -79.11 % | -45.43 % |
Operating Profit | Rs. -0.01 Cr | Rs. 0.15 Cr | Rs. 0.01 Cr | -93.33 % | + 200 % |
Net Profit | Rs. 0.03 Cr | Rs. 0.21 Cr | Rs. 0.04 Cr | -80.95 % | + 33.33 % |
EPS in Rs | Rs. 0.07 | Rs. 0.41 | Rs. 0.08 | -80.49 % | + 14.29 % |
In reviewing Southern Infosys Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -44.97 % year-on-year, although there was a slight dip of -79.38 % from the previous quarter. Expenses decreased by -45.43 % compared to the previous year, with a decrease of -79.11 % quarter-on-quarter. Operating Profit surged by 200 % annually, and saw a -93.33 % decrease from the last quarter.
Net Profit showed yearly increase of 33.33 %, and experienced a -80.95 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 14.29 % annually, however dipped by -80.49 % compared to the last quarter. In essence, while Southern Infosys Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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