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VL E-Governance & IT Solutions Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

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Highlights

  • Sales over the Year and quarter:
  • Income over the Year and quarter: There has been decline in other income over the past year which is -99.95% Marginal increase in other income during this quarter, up by 200%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for VL E-Governance & IT Solutions Limited. Profit dropped by -164.60% Year to YearVL E-Governance & IT Solutions Limited’s profitability increased by 15,771.17% in this quarter.
  • EPS over the Year and quarter: EPS increased by 15,330.00%. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of VL E-Governance & IT Solutions Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1070.08 Cr Rs. 1229.15 Cr Rs. 1253.71 Cr + 2% -88.28%
Expenses Rs. 0 Cr Rs. 1.06 Cr Rs. 1.25 Cr + 17.92% 0%
Operating Profit Rs. 1070.08 Cr Rs. 1228.09 Cr Rs. 1252.46 Cr + 1.98% + 17.04%
OPM % 100 % 99.91 % 99.9 % -0.01% -0.1%
Other Income Rs. 183.93 Cr Rs. 0.03 Cr Rs. 0.09 Cr + 200% -99.95%
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0% 0%
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0% 0%
Profit before tax Rs. 1254.01 Cr Rs. 1228.12 Cr Rs. 1252.55 Cr + 1.99% -0.12%
Tax % 27.12 % -0 % -0 % + 0% 0%
Net Profit Rs. 253.05 Cr Rs. -1.03 Cr Rs. -163.47 Cr -15770.87% -164.6%
EPS in Rs Rs. 15.98 Rs. -0.1 Rs. -15.43 -15330% -196.56%


Today, we’re looking at VL E-Governance & IT Solutions Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -88.28%. However, it did see a marginal increase of 2% from the previous quarter.Expenses ticked up slightly by 17.92% quarter-on-quarter, Operating profit, while up 17.04% compared to last year, faced a quarter-on-quarter increase of 1.98%, 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 -0.1%, but a shrinkage of -0.01% sequentially. Other income rose by 200% compared to the last quarter,despite an annual decline of -99.95%. Profit before tax declined annually by -0.12%but saw an increase from the preceding quarter by 1.99%.
Tax expenses as a percentage of profits decreased slightly by -0.9% compared to last year, with a more notable quarter-on-quarter increase of 3.49%. Net profit fell by -164.6% year-on-yearbut witnessed a -15770.87% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -196.56% but a quarterly fall of -15330%. In summary, VL E-Governance & IT Solutions 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. 1070.08 Cr Rs. 1229.15 Cr Rs. 1253.71 Cr + 2% -88.28%
Expenses Rs. 0 Cr Rs. 1.06 Cr Rs. 1.25 Cr + 17.92% 0%
Operating Profit Rs. 1070.08 Cr Rs. 1228.09 Cr Rs. 1252.46 Cr + 1.98% + 17.04%
Net Profit Rs. 253.05 Cr Rs. -1.03 Cr Rs. -163.47 Cr -15770.87% -164.6%
EPS in Rs Rs. 15.98 Rs. -0.1 Rs. -15.43 -15330% -196.56%


In reviewing VL E-Governance & IT Solutions Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -88.28% year-on-year, however, there was a minor increase of 2% from the previous quarter. with a 17.92% increase quarter-on-quarter. Operating Profit surged by 17.04% annually, and saw a 1.98% increase from the last quarter.
Net Profit showed yearly decrease of -164.6%, and experienced a -15770.87% decrease from the previous quarter.Earnings Per Share (EPS) fell by -196.56% annually, however dipped by -15330% compared to the last quarter. In essence, while VL E-Governance & IT Solutions Limited faces strong annual decline 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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