Share the post "Unitech International ‘s Q1 Update: Revenue Decreases by 99.71% Year-on-Year"
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 -99.71 % over the year, decrease in net sales/revenue by -103.56 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Unitech International Ltd. Profit dropped by -63.56 % Year to Year, Unitech International Ltd’s profitability dropped by -90.48 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -63.76 % Year to Year. EPS decreased by -90.56 % 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. 3.79 Cr | Rs. -0.309 Cr | Rs. 0.011 Cr | + 103.56 % | -99.71 % |
| Expenses | Rs. 4.73 Cr | Rs. 4.94 Cr | Rs. 0.22 Cr | -95.55 % | -95.35 % |
| Operating Profit | Rs. -0.94 Cr | Rs. -5.25 Cr | Rs. -0.21 Cr | + 96 % | + 77.66 % |
| OPM % | -24.8 % | 1699.03 % | -1909.09 % | -3608.12 % | -1884.29 % |
| Other Income | Rs. 0.027 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.21 Cr | Rs. 0.21 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.37 Cr | Rs. 0.37 Cr | Rs. 0.33 Cr | -10.81 % | -10.81 % |
| Profit before tax | Rs. -1.49 Cr | Rs. -5.82 Cr | Rs. -0.54 Cr | + 90.72 % | + 63.76 % |
| Tax % | -0 % | -1.84 % | -0.37 % | + 1.47 % | -0.37 % |
| Net Profit | Rs. -1.49 Cr | Rs. -5.71 Cr | Rs. -0.54 Cr | + 90.54 % | + 63.76 % |
| EPS in Rs | Rs. -1.49 | Rs. -5.72 | Rs. -0.54 | + 90.56 % | + 63.76 % |
Today, we’re looking at Unitech International 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 -99.71 %. However, it did see a marginal increase of 103.56 % from the previous quarter. Expenses decreased slightly by -95.55 % quarter-on-quarter, aligning with the annual decline of -95.35 %. Operating profit, while up 77.66 % compared to last year, faced a quarter-on-quarter increase of 96 %, 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 -1884.29 %, but a shrinkage of -3608.12 % sequentially. Depreciation costs fell by -10.81 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.81 %. Profit before tax grew annually by 63.76 % but saw an increase from the preceding quarter by 90.72 %.
Tax expenses as a percentage of profits decreased slightly by -0.37 % compared to last year, with a more notable quarter-on-quarter increase of 1.47 %. Net profit rose by 63.76 % year-on-year but experienced a 90.54 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 63.76 % but a quarterly rise of 90.56 %. In summary, Unitech International 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. 3.79 Cr | Rs. -0.309 Cr | Rs. 0.011 Cr | + 103.56 % | -99.71 % |
| Expenses | Rs. 4.73 Cr | Rs. 4.94 Cr | Rs. 0.22 Cr | -95.55 % | -95.35 % |
| Operating Profit | Rs. -0.94 Cr | Rs. -5.25 Cr | Rs. -0.21 Cr | + 96 % | + 77.66 % |
| Net Profit | Rs. -1.49 Cr | Rs. -5.71 Cr | Rs. -0.54 Cr | + 90.54 % | + 63.76 % |
| EPS in Rs | Rs. -1.49 | Rs. -5.72 | Rs. -0.54 | + 90.56 % | + 63.76 % |
In reviewing Unitech International Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -99.71 % year-on-year, however, there was a minor increase of 103.56 % from the previous quarter. Expenses decreased by -95.35 % compared to the previous year, with a decrease of -95.55 % quarter-on-quarter. Operating Profit surged by 77.66 % annually, and saw a 96 % increase from the last quarter.
Net Profit showed yearly increase of 63.76 %, and experienced a 90.54 % increase from the previous quarter. Earnings Per Share (EPS) rose by 63.76 % annually, however rose by 90.56 % compared to the last quarter. In essence, while Unitech International 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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