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- Integrated Hitech Q1 Results Revenue Reaches ₹0.76 Lakhs and Net Loss at ₹5.81 Lakhs
Integrated Hitech Q1 Results Revenue Reaches ₹0.76 Lakhs and Net Loss at ₹5.81 Lakhs
Integrated Hitech Q1 Results show a 230.43% QoQ increase in revenue to ₹0.76 lakhs, a 27.07% QoQ drop in total revenue to ₹1.48 lakhs, and a 53.6% QoQ reduction in net loss to ₹5.81 lakhs. Integrated Hitech Q1 Results highlight mixed performance.
by P Nandhini
Updated Sep 13, 2024
Table of Content
Integrated Hitech Q1 Results 2024-2025: Integrated Hitech announced their Q1 results for 2024-2025 on August 9, 2024. The company's financial report shows a modest increase in revenue from operations, rising by 230.43% quarter-over-quarter (QoQ), from Rs. 0.23 lakhs in the previous quarter to Rs. 0.76 lakhs.
However, other income saw a decline of 60% QoQ, dropping from Rs. 1.80 lakhs to Rs. 0.72 lakhs. Despite this, the overall total revenue decreased by 27.07% QoQ, from Rs. 2.03 lakhs to Rs. 1.48 lakhs.
In terms of expenses, Integrated Hitech faced a significant reduction of 49.8% QoQ, with total expenses falling from Rs. 14.53 lakhs to Rs. 7.29 lakhs. This reduction in costs was mainly due to a drop in employee benefit expenses, which decreased by 85.03% QoQ.
Despite these efforts, the company reported a net loss of Rs. 5.81 lakhs for the quarter, which is an improvement from the Rs. 12.50 lakhs loss in the previous quarter. Overall, the results reflect a mixed performance with improvements in certain areas but continued financial challenges.
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Integrated Hitech Q1 Results 2024 - 2025
Here's a summary of Integrated Hitech's Q1 results for 2024-2025:
The company has reported its financial performance for the quarter ended June 30, 2024. Below is a table highlighting key figures from the results:
| Particulars | Current Quarter Ended 30-06-2024 | Preceding Quarter Ended 31-03-2024 |
|---|---|---|
| Revenue from Operations | Rs. 0.76 lakhs | Rs. 0.23 lakhs |
| Other Operating Income | Rs. 0.00 lakhs | Rs. 0.00 lakhs |
| Other Income | Rs. 0.72 lakhs | Rs. 1.80 lakhs |
| Total Revenue | Rs. 1.48 lakhs | Rs. 2.03 lakhs |
| Cost of Material Consumed | Rs. 0.00 lakhs | Rs. 0.00 lakhs |
| Purchase of Stock-in-Trade | Rs. 0.00 lakhs | Rs. 0.00 lakhs |
| Employee Benefit Expense | Rs. 0.97 lakhs | Rs. 6.46 lakhs |
| Finance Costs | Rs. 0.00 lakhs | Rs. 0.00 lakhs |
| Depreciation and Amortisation | Rs. 0.00 lakhs | Rs. 2.92 lakhs |
| Other Expenses | Rs. 6.32 lakhs | Rs. 5.15 lakhs |
| Total Expenses | Rs. 7.29 lakhs | Rs. 14.53 lakhs |
| Profit/(Loss) Before Tax | Rs. -5.81 lakhs | Rs. -12.50 lakhs |
| Profit/(Loss) for the Period | Rs. -5.81 lakhs | Rs. -12.50 lakhs |
| Other Comprehensive Income | Rs. 0.00 lakhs | Rs. 0.00 lakhs |
| Total Comprehensive Income | Rs. -5.81 lakhs | Rs. -12.50 lakhs |
| Equity Share Capital | Rs. 1000.46 lakhs | Rs. 1000.46 lakhs |
| Reserve (excluding Revaluation) | Rs. -740.18 lakhs | Rs. -740.18 lakhs |
| Earnings per Share (Basic & Diluted) | Rs. -0.06 | Rs. -0.12 |
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Integrated Hitech Current Market Overview
Integrated Hitech's current market overview shows that its stock is trading at ₹7.01, down by 0.85%. With a market capitalization of ₹7.01 crore, the stock has fluctuated between a high of ₹14.8 and a low of ₹5.64 over the past year.
The book value per share is ₹2.60, and the company does not offer any dividend yield. Financial performance is weak, with a Return on Capital Employed (ROCE) of -110% and a Return on Equity (ROE) of -119%. The stock's face value is ₹10.0.
| Metric | Value |
|---|---|
| Current Price | ₹7.01 |
| Change (%) | -0.85% |
| Market Capitalization | ₹7.01 Cr. |
| 52-Week High | ₹14.8 |
| 52-Week Low | ₹5.64 |
| Book Value per Share | ₹2.60 |
| Dividend Yield | 0.00% |
| ROCE | -110% |
| ROE | -119% |
| Face Value | ₹10.0 |
Quarterly Results
Here's a summary of Integrated Hitech's quarterly results for the most recent periods:
The company's financial performance for the quarters ending December 2023, March 2024, and June 2024 is outlined in the table below:
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales | 0.00 | 0.00 | 0.01 |
| Expenses | 0.09 | 0.12 | 0.08 |
| Operating Profit | -0.09 | -0.12 | -0.07 |
| Operating Profit Margin % | -74,800.00% | -700.00% | -700.00% |
| Other Income | 0.01 | 0.02 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.03 | 0.00 |
| Profit Before Tax | -0.08 | -0.13 | -0.06 |
| Tax % | 0.00% | 0.00% | 0.00% |
| Net Profit | -0.08 | -0.13 | -0.06 |
| EPS in Rs | -0.08 | -0.13 | -0.06 |
About Integrated Hitech
Integrated Hitech is a company that provides software development services, focusing primarily on creating and improving software for e-filing corporate tax returns. Established in 1993 and originally known as Integrated Information Services (Madras) Pvt Ltd, the company changed its name to Integrated Hitech in 1997.
Based in Chennai, Tamil Nadu, Integrated Hitech offers a range of services aimed at simplifying tax compliance and streamlining business processes. Over the years, the company has evolved to address the changing needs of the corporate sector with its specialized software solutions.
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Integrated Hitech Q1 Results - FAQs
1. What are the Q1 results for Integrated Hitech?
Integrated Hitech reported a revenue of ₹0.76 lakhs and a net loss of ₹5.81 lakhs for Q1 2024-2025.
2. When were the Q1 results for Integrated Hitech announced?
The Q1 results for Integrated Hitech were announced on August 9, 2024.
3. What was the revenue from operations for Integrated Hitech in Q1?
The revenue from operations for Integrated Hitech in Q1 was ₹0.76 lakhs.
4. How much did Integrated Hitech’s total revenue decrease in Q1?
Integrated Hitech’s total revenue decreased by ₹0.55 lakhs, from ₹2.03 lakhs to ₹1.48 lakhs.
5. What was the other income for Integrated Hitech in Q1?
The other income for Integrated Hitech in Q1 was ₹0.72 lakhs.
6. How much did Integrated Hitech’s expenses decrease in Q1?
Integrated Hitech’s total expenses decreased by ₹7.24 lakhs, from ₹14.53 lakhs to ₹7.29 lakhs.
7. What was the employee benefit expense for Integrated Hitech in Q1?
The employee benefit expense for Integrated Hitech in Q1 was ₹0.97 lakhs.
8. What was the net loss for Integrated Hitech in Q1?
The net loss for Integrated Hitech in Q1 was ₹5.81 lakhs.
9. What is the total comprehensive income for Integrated Hitech in Q1?
The total comprehensive income for Integrated Hitech in Q1 was ₹-5.81 lakhs.
10. What was the cost of material consumed for Integrated Hitech in Q1?
Integrated Hitech reported no cost of material consumed in Q1.