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Netripples Software Q1 Results Total Revenues ₹95,68,285 & Net Profit After Tax ₹3,17,800

Netripples Software Q1 Results reported Total Revenues of ₹95,68,285 for Q1 2024, down from ₹1,46,56,990 in the same quarter last year and their Gross Profit for the quarter was ₹3,17,800, and Net Profit After Tax was also ₹3,17,800.   

by Ruksana

Updated Sep 16, 2024

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Netripples Software Q1 Results Total Revenues ₹95,68,285 & Net Profit After Tax ₹3,17,800

Netripples Software Q1 Results

Netripples Software Q1 Results: Netripples Software table shows the financial performance for the quarter ending June 30, 2024. The company had total revenues of ₹95,68,285 for this period. This amount is lower compared to the same period last year, which had revenues of ₹1,46,56,990. For the full financial year ending March 31, 2024, the total revenues were ₹85,05,620.

Netripples Software’s Employee benefit expenses, which are the costs related to salaries and wages, were ₹1,25,000 for the current quarter. This is slightly lower than the ₹1,50,000 spent in the same quarter last year. The company also recorded depreciation expenses of ₹1,50,000, which is the same as the previous quarter and higher than last year.

Netripples Software’s gross profit for the current quarter is ₹3,17,800, which is lower than the ₹3,56,990 recorded last year. The net profit after tax is the same as the gross profit, which is ₹3,17,800. The company’s paid-up equity share capital is ₹68,16,900, and the reserves are ₹3,05,02,459, unchanged from last year. The earnings per share (EPS), which shows how much profit is earned per share of stock, is ₹4.44, consistent with previous periods.

Here are the quarterly financial results for FY 2024-25 ending on June 30, 2024, presented in a simplified format:

(in Indian Rupees)

Particulars

Current 3 Months Ended 30.06.2024

Corresponding 3 Months Ended 30.06.2023

Previous Year Ended 31.03.2024

Current Year to Date

Previous Year to Date

1. Total Revenues

95,68,285

1,46,56,990

85,05,620

95,68,285

3,93,35,860

2. Employee Benefit Expenses

1,25,000

1,50,000

1,01,000

1,25,000

4,50,000

3. Depreciation

1,50,000

1,50,000

30,000

1,50,000

2,40,000

4. Total Expenditure

         

(a) Increase/(Decrease) in Stock

92,50,500

1,40,00,000

82,30,000

92,50,500

3,87,90,000

(b) Other Miscellaneous Expenditure

         

5. Gross Profit (5 = 1 - (2 + 3 + 4))

3,17,800

3,56,990

1,44,620

3,17,800

5,45,900

6. Extraordinary & Exceptional Items

_

_

_

_

_

7. Net Profit (+) / Loss (-) from Ordinary Activities after Tax (7 = 5 - 6)

3,17,800

3,56,990

1,44,620

3,17,800

5,45,900

8. Paid-up Equity Share Capital

68,16,900

68,16,900

68,16,900

68,16,900

68,16,900

9. Reserves excluding Revaluation Reserves (as per balance sheet)

3,05,02,459

3,05,02,459

3,05,02,459

3,05,02,459

3,05,02,459

10. Earnings Per Share (EPS) Basic

4.44

4.44

4.44

4.44

4.44

Source: Here 

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Netripples Software Stock Performance 

Netripples Software’s table provides a snapshot of key financial metrics for the company. The Market Cap of ₹3.76 Cr. shows the total value of all its shares. Current Price is ₹5.51, the price at which one share is trading now. High / Low indicates the highest and lowest prices of the stock, but data is missing. Stock P/E of 31.3 measures how much investors are willing to pay for each rupee of earnings. Book Value of ₹14.5 reflects the net worth of each share. 

Here’s the information:

Metric

Value

Market Cap

₹3.76 Cr.

Current Price

₹5.51

High / Low

-

Stock P/E

31.3

Book Value

₹14.5

Dividend Yield

0.00%

ROCE

0.61%

ROE

0.51%

Face Value

₹10.0

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Quarterly Results 

In the Netripples Software table for Dec 2023, Mar 2024, and Jun 2024, the data shows the company's financial performance. In December 2023, the company made Rs. 0.68 crores in sales and spent Rs. 0.64 crores on expenses, resulting in an operating profit of Rs. 0.04 crores, which is 5.88% of sales. By March 2024, sales increased to Rs. 1.47 crores, expenses rose to Rs. 1.42 crores, and the operating profit slightly increased to Rs. 0.05 crores, with a margin of 3.40%. 

Here's the table with figures for Dec 2023, Mar 2024, and Jun 2024:

(Figures in Rs. Crores)

Particulars

Dec 2023

Mar 2024

Jun 2024

Sales

0.68

1.47

0.96

Expenses

0.64

1.42

0.91

Operating Profit

0.04

0.05

0.05

OPM %

5.88%

3.40%

5.21%

Other Income

0.00

0.00

0.00

Interest

0.00

0.00

0.00

Depreciation

0.00

0.02

0.02

Profit Before Tax

0.04

0.03

0.03

Tax %

0.00%

0.00%

0.00%

Net Profit

0.04

0.04

0.03

EPS in Rs

0.06

0.06

0.04

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About Netripples Software 

Netripples Software is a major company in healthcare and education informatics, providing top-notch technology and consulting services since 1993. The company has grown to become a leader in its field, helping clients in over 20 countries. With a wide range of products and services, Netripples supports more than 3,000 clients, including 10 ministries of health. They offer a huge selection of healthcare informatics tools through the world’s largest medical informatics store. Unique to Netripples is their DIOMS (Downloadable, Instantaneous Installations, Operate, Maintenance, and Services and Support Online), which makes their services easily accessible and efficient.

Netripples provides various services such as ready-to-use healthcare products, consulting for blood banks, and outsourcing for software development and support in healthcare and education. They also assist with migrating projects to web, mobile, and cloud technologies, and offer data management and infrastructure services. Their online and e-commerce store setup services, franchise support, and channel network services are also notable.


Netripples Software Q1 Results - FAQs

1. What were Netripples Software's total revenues for Q1 2024?  

Netripples Software's total revenues for Q1 2024 were ₹95,68,285.

2. How did Netripples Software's Q1 2024 revenues compare to last year?

Netripples Software's Q1 2024 revenues decreased from ₹1,46,56,990 in the same quarter last year.

3. What were Netripples Software's employee benefit expenses in Q1 2024?

Netripples Software's employee benefit expenses in Q1 2024 were ₹1,25,000.

4. How much did Netripples Software spend on depreciation in Q1 2024?

Netripples Software spent ₹1,50,000 on depreciation in Q1 2024.

5. What was the gross profit for Netripples Software in Q1 2024?

Netripples Software's gross profit for Q1 2024 was ₹3,17,800.

6. What was Netripples Software’s net profit after tax for Q1 2024?

Netripples Software’s net profit after tax for Q1 2024 was ₹3,17,800.

7. What is Netripples Software's paid-up equity share capital as of Q1 2024?

Netripples Software's paid-up equity share capital is ₹68,16,900.

8. How much are Netripples Software's reserves excluding revaluation reserves?

Netripples Software’s reserves excluding revaluation reserves are ₹3,05,02,459.

9. What was the operating profit margin for Netripples Software in Q1 2024?  

Netripples Software’s operating profit margin for Q1 2024 was 5.21%.

10. How much did Netripples Software spend on operating expenses in Jun 2024?  

Netripples Software spent ₹0.91 Cr. on operating expenses in Jun 2024.

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