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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -24.42 % over the year, decrease in net sales/revenue by -4.51 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -80.15 %, Marginal decrease of -99.55% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Switching Technologies Gunther Ltd.. Profit dropped by -19.7 % Year to Year, Switching Technologies Gunther Ltd.’s profitability dropped by -140.69 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -19.78 % Year to Year. EPS decreased by -140.67 % 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. 2.465 Cr | Rs. 1.951 Cr | Rs. 1.863 Cr | -4.51 % | -24.42 % |
Expenses | Rs. 4.62 Cr | Rs. 3.98 Cr | Rs. 3.5 Cr | -12.06 % | -24.24 % |
Operating Profit | Rs. -2.16 Cr | Rs. -2.03 Cr | Rs. -1.64 Cr | + 19.21 % | + 24.07 % |
OPM % | -87.63 % | -104.05 % | -88.03 % | + 16.02 % | -0.4 % |
Other Income | Rs. 0.136 Cr | Rs. 6.052 Cr | Rs. 0.027 Cr | -99.55 % | -80.15 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -2.04 Cr | Rs. 4 Cr | Rs. -1.63 Cr | -140.75 % | + 20.1 % |
Tax % | -0 % | 0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -2.03 Cr | Rs. 4.01 Cr | Rs. -1.63 Cr | -140.65 % | + 19.7 % |
EPS in Rs | Rs. -8.29 | Rs. 16.35 | Rs. -6.65 | -140.67 % | + 19.78 % |
Today, we’re looking at Switching Technologies Gunther 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 -24.42 %. However, it did see a marginal slip of -4.51 % from the previous quarter. Expenses decreased slightly by -12.06 % quarter-on-quarter, aligning with the annual decline of -24.24 %. Operating profit, while up 24.07 % compared to last year, faced a quarter-on-quarter increase of 19.21 %, 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 -0.4 %, but an expansion of 16.02 % sequentially. Other income fell by -99.55 % compared to the last quarter, despite an annual decline of -80.15 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 20.1 % but saw a reduction from the preceding quarter by -140.75 %.
Net profit rose by 19.7 % year-on-year but witnessed a -140.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.78 % but a quarterly fall of -140.67 %. In summary, Switching Technologies Gunther 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. 2.465 Cr | Rs. 1.951 Cr | Rs. 1.863 Cr | -4.51 % | -24.42 % |
Expenses | Rs. 4.62 Cr | Rs. 3.98 Cr | Rs. 3.5 Cr | -12.06 % | -24.24 % |
Operating Profit | Rs. -2.16 Cr | Rs. -2.03 Cr | Rs. -1.64 Cr | + 19.21 % | + 24.07 % |
Net Profit | Rs. -2.03 Cr | Rs. 4.01 Cr | Rs. -1.63 Cr | -140.65 % | + 19.7 % |
EPS in Rs | Rs. -8.29 | Rs. 16.35 | Rs. -6.65 | -140.67 % | + 19.78 % |
In reviewing Switching Technologies Gunther Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -24.42 % year-on-year, although there was a slight dip of -4.51 % from the previous quarter. Expenses decreased by -24.24 % compared to the previous year, with a decrease of -12.06 % quarter-on-quarter. Operating Profit surged by 24.07 % annually, and saw a 19.21 % increase from the last quarter.
Net Profit showed yearly increase of 19.7 %, and experienced a -140.65 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 19.78 % annually, however dipped by -140.67 % compared to the last quarter. In essence, while Switching Technologies Gunther Ltd. 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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