Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 77.28 % in the past year, substantial increase in net sales/revenue by 2.42 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -27.69 %, Marginal increase in other income during this quarter, up by 90.78%.
- Profit over the Year and quarter: Significant improvement in profitability for Subex Ltd. Notable increase of 231.73 % in net profit Year to Year, Subex Ltd’s profitability increased by 3100.61 % in this quarter.
- EPS over the Year and quarter: EPS increased by 229.07 % Year to Year. EPS increased by 3044.44 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 47.27 Cr | Rs. 81.82 Cr | Rs. 83.8 Cr | + 2.42 % | + 77.28 % |
Expenses | Rs. 84.03 Cr | Rs. 81.25 Cr | Rs. 80.72 Cr | -0.65 % | -3.94 % |
Operating Profit | Rs. -36.76 Cr | Rs. 0.57 Cr | Rs. 3.08 Cr | + 440.35 % | + 108.38 % |
OPM % | -77.77 % | 0.7 % | 3.68 % | + 2.98 % | + 81.45 % |
Other Income | Rs. 3.72 Cr | Rs. 1.41 Cr | Rs. 2.69 Cr | + 90.78 % | -27.69 % |
Interest | Rs. 0.72 Cr | Rs. 0.63 Cr | Rs. 0.64 Cr | + 1.59 % | -11.11 % |
Depreciation | Rs. 3.82 Cr | Rs. 3.74 Cr | Rs. 3.78 Cr | + 1.07 % | -1.05 % |
Profit before tax | Rs. -37.58 Cr | Rs. -2.39 Cr | Rs. 1.35 Cr | + 156.49 % | + 103.59 % |
Tax % | -25.55 % | -104.6 % | -6.76 % | + 97.84 % | + 18.79 % |
Net Profit | Rs. -47.18 Cr | Rs. -4.89 Cr | Rs. -156.51 Cr | -3100.61 % | -231.73 % |
EPS in Rs | Rs. -0.86 | Rs. -0.09 | Rs. -2.83 | -3044.44 % | -229.07 % |
Today, we’re looking at Subex Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 77.28 %. However, it did see a marginal increase of 2.42 % from the previous quarter. Expenses decreased slightly by -0.65 % quarter-on-quarter, aligning with the annual decline of -3.94 %. Operating profit, while up 108.38 % compared to last year, faced a quarter-on-quarter increase of 440.35 %, 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 81.45 %, but an expansion of 2.98 % sequentially. Other income rose by 90.78 % compared to the last quarter, despite an annual decline of -27.69 %. Interest expenses surged remarkably by 1.59 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.11 %. Depreciation costs climbed by 1.07 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.05 %. Profit before tax grew annually by 103.59 % but saw an increase from the preceding quarter by 156.49 %.
Tax expenses as a percentage of profits increased slightly by 18.79 % compared to last year, with a more notable quarter-on-quarter increase of 97.84 %. Net profit fell by -231.73 % year-on-year but witnessed a -3100.61 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -229.07 % but a quarterly fall of -3044.44 %. In summary, Subex 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. 47.27 Cr | Rs. 81.82 Cr | Rs. 83.8 Cr | + 2.42 % | + 77.28 % |
Expenses | Rs. 84.03 Cr | Rs. 81.25 Cr | Rs. 80.72 Cr | -0.65 % | -3.94 % |
Operating Profit | Rs. -36.76 Cr | Rs. 0.57 Cr | Rs. 3.08 Cr | + 440.35 % | + 108.38 % |
Net Profit | Rs. -47.18 Cr | Rs. -4.89 Cr | Rs. -156.51 Cr | -3100.61 % | -231.73 % |
EPS in Rs | Rs. -0.86 | Rs. -0.09 | Rs. -2.83 | -3044.44 % | -229.07 % |
In reviewing Subex Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 77.28 % year-on-year growth, however, there was a minor increase of 2.42 % from the previous quarter. Expenses decreased by -3.94 % compared to the previous year, with a decrease of -0.65 % quarter-on-quarter. Operating Profit surged by 108.38 % annually, and saw a 440.35 % increase from the last quarter.
Net Profit showed yearly decrease of -231.73 %, and experienced a -3100.61 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -229.07 % annually, however dipped by -3044.44 % compared to the last quarter. In essence, while Subex 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.