RS Software India announced their Q4 FY24 results on 19th April 2024, showcasing a remarkable performance with a 48.9% increase in revenue and a staggering 553.95% rise in profit year-over-year.
However, compared to the previous quarter, there was a slight decline in revenue by 5.51% and profit decreased by 13.73%.
The company witnessed a significant increase in Selling, general & administrative expenses by 60.71% quarter-over-quarter and 27.24% year-over-year.
On the operational front, the operating income saw a decline of 44% quarter-over-quarter but surged by 407% year-over-year, indicating strong growth over the period.
In terms of earnings per share (EPS), RS Software India reported ₹0.65 for Q4 FY24, marking a 60.73% increase year-over-year.
RS Software India’s stock performance has been impressive, delivering returns of 8.21% in the last week, 385.68% in the last 6 months, and 389.41% year-to-date.
Currently, the company commands a market capitalization of ₹736.67 Cr with a 52-week high/low of ₹292.25 and ₹25.35 respectively, reflecting a strong market position.
| Period | Q4 FY24 | Q3 FY24 | Q-o-Q Growth | Q4 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 18.23 | 19.3 | -5.51% | 12.25 | +48.9% |
| Selling/ General/ Admin Expenses Total | 8.36 | 5.2 | +60.71% | 6.57 | +27.24% |
| Depreciation/ Amortization | 1.2 | 1.19 | +0.69% | 1.36 | -12.16% |
| Total Operating Expense | 13.63 | 11.07 | +23.08% | 11.34 | +20.2% |
| Operating Income | 4.61 | 8.23 | -44% | 0.91 | +407% |
| Net Income Before Taxes | 6.71 | 8.36 | -19.76% | 0.94 | +617.34% |
| Net Income | 6.79 | 7.87 | -13.73% | 1.04 | +553.95% |
| Diluted Normalized EPS | 0.65 | 3.06 | -78.76% | 0.4 | +60.73% |
FAQs
Question : What is the Q4 FY24 profit/Loss as per company?
Ans : ₹6.79Cr
Question : What is Q4 FY24 revenue?
Ans : ₹18.23Cr
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Published: 21 Apr 2024, 03:53 AM IST