ISL Consulting Q1 Results From Loss to Profit with ₹1.39 Crores Net Income

ISL Consulting Q1 Results: The ISL Consulting Q1 results for 2024 show significant improvements in its financial performance, especially compared to the same quarter last year (YoY). Total revenue increased to ₹5.45 crores in Q1 FY24, up from ₹1.22 crores in Q1 FY23. This year-over-year (YoY) growth reflects strong business progress. Quarter-on-quarter (QoQ), the revenue also grew from ₹3.36 crores in the previous quarter (Q4 FY23).

ISL Consulting’s Selling, general, and administrative expenses slightly increased YoY, from ₹0.15 crores in Q1 FY23 to ₹0.16 crores in Q1 FY24, but remained manageable. QoQ, it rose from ₹0.08 crores in Q4 FY23, showing a small but noticeable increase. Other operating expenses and depreciation remained steady, with a slight drop in depreciation from ₹0.02 crores last year (YoY).

ISL Consulting’s Operating income improved significantly, reaching ₹1.42 crores in Q1 FY24, compared to ₹1.41 crores YoY and a loss of ₹1.50 crores in the previous quarter (QoQ). Net income followed the same trend, showing a strong improvement of ₹1.39 crores YoY, compared to ₹1.37 crores last year.

ISL Consulting’s diluted normalized earnings per share (EPS) also rose to ₹0.58 in Q1 FY24, up from ₹0.57 YoY and a loss of ₹0.63 QoQ. Overall, ISL Consulting’s financial performance shows a positive year-over-year (YoY) growth trend across most metrics.

Here is a simplified version of the ISL Consulting Q1 Results for 2024, presented in table format:

Source: Here 

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ISL Consulting Q1 Results

The ISL Consulting table provides a summary of the financial performance of a company for different quarters, showing key financial figures in lakhs of rupees. It includes data for the quarter ending on June 30, 2024, compared to previous quarters.

ISL Consulting Income is divided into two main parts: Revenue from Operations and Other Income. In the latest quarter, the company earned Rs. 545.38 lakhs from its main business activities, which is a big increase from Rs. 122.32 lakhs a year earlier. Other Income, which includes earnings not from main operations, is very small at Rs. 2.41 lakhs. When we add these two income sources together, the Total Income for the quarter comes to Rs. 547.79 lakhs.

ISL Consulting’s Expenses section shows how much the company spent. It lists various types of costs, such as purchases, employee salaries, and other expenses. The total expenses for this quarter are Rs. 408.38 lakhs, significantly lower than the previous quarter's expenses.

ISL Consulting  After subtracting the total expenses from the total income, we see a Profit Before Tax of Rs. 139.41 lakhs. This indicates the company made money after paying for its costs. Overall, the table shows a strong financial performance for the company, with increasing revenue and profits compared to the past.

Here’s a structured summary of the standalone unaudited financial results for the quarter ended June 30, 2024, presented in a simplified format for better understanding:

(Rs. in Lakhs, except the share data)

ISL Consulting Stock Metrics

ISL Consulting has a market capitalization of ₹73.4 crore, meaning the total value of all its shares is ₹73.4 crore. The current price of one share is ₹30.6, while its highest and lowest prices over a period have been ₹36.9 and ₹22.5, respectively. The stock's price-to-earnings (P/E) ratio is 23.5, showing how much investors are willing to pay for its earnings. Its book value, or the value of its assets, is ₹6.14 per share. 

Here’s the information you provided, organized in a table format for clarity:

Quarterly Results 

The ISL Consulting table for December 2023, March 2024, and June 2024 shows the company's financial performance over these three months. In December 2023, the company had sales of 5.43 crores and made a profit of 1.82 crores. However, in March 2024, sales increased significantly to 14.06 crores, but the company faced a loss of -0.71 crores due to high expenses. By June 2024, sales dropped back to 5.45 crores, but the company managed to return to profit with 1.39 crores. 

Here's the table for Dec 2023, Mar 2024, and Jun 2024, presenting the particulars:

About ISL Consulting

ISL Consulting is a public company based in Ahmedabad, India. It was founded on January 5, 1993, originally named Innovation Security. The company changed its name to ISL Consulting in 2000. ISL Consulting aims to provide trading services for both new and experienced investors. With a lot of experience in the finance world, the company helps clients meet their trading needs effectively.

The registered office is located at Nehrunagar Circle in Ahmedabad. ISL Consulting also values the growth of its employees, offering opportunities for personal and professional development. This shows their commitment to helping individuals succeed in their careers. For investors, the company provides access to important information such as annual reports, financial results, and corporate governance details. Overall, ISL Consulting. is dedicated to supporting clients and employees in the finance industry while maintaining transparency in its operations.