Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 10.31 % in the past year, substantial increase in net sales/revenue by 29.44 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40.71 %, Marginal decrease of -38.11% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for THE INVESTMENT TRUST OF INDIA LIMITED. Profit dropped by -65.23 % Year to Year, THE INVESTMENT TRUST OF INDIA LIMITED’s profitability dropped by -25.9 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -73.20 % Year to Year. EPS decreased by -41.74 % 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. 78.403 Cr | Rs. 66.819 Cr | Rs. 86.488 Cr | + 29.44 % | + 10.31 % |
| Expenses | Rs. 63.05 Cr | Rs. 56.49 Cr | Rs. 64.05 Cr | + 13.38 % | + 1.59 % |
| Operating Profit | Rs. 15.35 Cr | Rs. 10.33 Cr | Rs. 22.44 Cr | + 117.23 % | + 46.19 % |
| OPM % | 19.58 % | 15.46 % | 25.95 % | + 10.49 % | + 6.37 % |
| Other Income | Rs. 7.86 Cr | Rs. 7.53 Cr | Rs. 4.66 Cr | -38.11 % | -40.71 % |
| Interest | Rs. 3.95 Cr | Rs. 6.81 Cr | Rs. 7.85 Cr | + 15.27 % | + 98.73 % |
| Depreciation | Rs. 3.51 Cr | Rs. 2.86 Cr | Rs. 3.16 Cr | + 10.49 % | -9.97 % |
| Profit before tax | Rs. 15.75 Cr | Rs. 8.19 Cr | Rs. 16.09 Cr | + 96.46 % | + 2.16 % |
| Tax % | 18.92 % | 26.2 % | 75.41 % | + 49.21 % | + 56.49 % |
| Net Profit | Rs. 13.16 Cr | Rs. 6.18 Cr | Rs. 4.58 Cr | -25.89 % | -65.2 % |
| EPS in Rs | Rs. 2.5 | Rs. 1.15 | Rs. 0.67 | -41.74 % | -73.2 % |
Today, we’re looking at THE INVESTMENT TRUST OF INDIA LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.31 %. However, it did see a marginal increase of 29.44 % from the previous quarter. Expenses ticked up slightly by 13.38 % quarter-on-quarter, aligning with the annual rise of 1.59 %. Operating profit, while up 46.19 % compared to last year, faced a quarter-on-quarter increase of 117.23 %, 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 6.37 %, but an expansion of 10.49 % sequentially. Other income fell by -38.11 % compared to the last quarter, despite an annual decline of -40.71 %. Interest expenses surged remarkably by 15.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 98.73 %. Depreciation costs climbed by 10.49 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.97 %. Profit before tax grew annually by 2.16 % but saw an increase from the preceding quarter by 96.46 %.
Tax expenses as a percentage of profits increased slightly by 56.49 % compared to last year, with a more notable quarter-on-quarter increase of 49.21 %. Net profit fell by -65.2 % year-on-year but witnessed a -25.89 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -73.2 % but a quarterly fall of -41.74 %. In summary, THE INVESTMENT TRUST OF INDIA 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. 78.403 Cr | Rs. 66.819 Cr | Rs. 86.488 Cr | + 29.44 % | + 10.31 % |
| Expenses | Rs. 63.05 Cr | Rs. 56.49 Cr | Rs. 64.05 Cr | + 13.38 % | + 1.59 % |
| Operating Profit | Rs. 15.35 Cr | Rs. 10.33 Cr | Rs. 22.44 Cr | + 117.23 % | + 46.19 % |
| Net Profit | Rs. 13.16 Cr | Rs. 6.18 Cr | Rs. 4.58 Cr | -25.89 % | -65.2 % |
| EPS in Rs | Rs. 2.5 | Rs. 1.15 | Rs. 0.67 | -41.74 % | -73.2 % |
In reviewing THE INVESTMENT TRUST OF INDIA LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.31 % year-on-year growth, however, there was a minor increase of 29.44 % from the previous quarter. Expenses rose by 1.59 % compared to the previous year, with a 13.38 % increase quarter-on-quarter. Operating Profit surged by 46.19 % annually, and saw a 117.23 % increase from the last quarter.
Net Profit showed yearly decrease of -65.2 %, and experienced a -25.89 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -73.2 % annually, however dipped by -41.74 % compared to the last quarter. In essence, while THE INVESTMENT TRUST OF INDIA 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.
