PS IT Infrastructure & Services Q4 results : loss at ₹2.89Cr, Revenue increased by 30.64% YoY
PS IT Infrastructure & Services Q4 results : Revenue increased by 30.64% YoY & loss at ₹2.89Cr
PS IT Infrastructure & Services Q4 Results Live : PS IT Infrastructure & Services announced their Q4 results on 27 May, 2024, with a revenue increase of 30.64% Year-on-Year. However, the company reported a loss of ₹2.89Cr for the quarter.
The company had recorded a profit of ₹0.13Cr in the same period of the previous fiscal year, indicating a significant decline in financial performance.
Comparing to the previous quarter, the revenue remained stagnant with a 0% growth rate.
Selling, general & administrative expenses skyrocketed by 37543.28% quarter-on-quarter and surged by 36738.07% year-on-year, showcasing a concerning trend in cost management.
Operating income witnessed a sharp decline of 31667.94% quarter-on-quarter and decreased by 15202.31% year-on-year, reflecting challenges in the company's operational efficiency.
The Earnings Per Share (EPS) for Q4 stands at ₹-0.54, marking a substantial decrease of 2271.45% year-on-year, which could impact investor confidence.
At present, PS IT Infrastructure & Services holds a market capitalization of ₹111.98 Cr with a 52-week high/low stock price range of ₹28.66 & ₹20.83 respectively, indicating fluctuations in market performance.
PS IT Infrastructure & Services Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 6.85 | 0 | +0% | 5.24 | +30.64% |
| Selling/ General/ Admin Expenses Total | 6.89 | 0.02 | +37543.28% | 0.02 | +36738.07% |
| Total Operating Expense | 16.61 | 0.03 | +53967.19% | 5.18 | +220.71% |
| Operating Income | -9.76 | -0.03 | -31667.94% | 0.06 | -15202.31% |
| Net Income Before Taxes | -9.76 | -0.03 | -31667.94% | 0.14 | -7243.25% |
| Net Income | -2.89 | -0.03 | -9298.11% | 0.13 | -2246.22% |
| Diluted Normalized EPS | -0.54 | -0.01 | -8850% | 0.02 | -2271.45% |
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