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