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RESPONSIVE INDUSTRIES Announces Quarterly Results (1QFY19); Net Profit Up 466.6%

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RESPONSIVE INDUSTRIES Announces Quarterly Results (1QFY19); Net Profit Up 466.6%
Wed, 25 Jul

RESPONSIVE INDUSTRIES has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

RESPONSIVE INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m4,0842,3672,113-10.7%-48.3%
Other incomeRs m53536520.9%21.5%
TurnoverRs m4,1372,4202,178-10.0%-47.4%
ExpensesRs m3,8292,1441,734-19.1%-54.7%
Gross profitRs m25522337969.9%48.7%
DepreciationRs m2051471523.3%-25.9%
InterestRs m5835361.6%-37.8%
Profit before taxRs m4594256171.9%464.8%
TaxRs m17569366.2%461.8%
Profit after taxRs m2938163326.5%466.6%
Gross profit margin%6.29.417.9
Effective tax rate%36.559.436.3
Net profit margin%0.71.67.5
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 48.3% on a year-on-year (YoY) basis. The expenses were down by 54.7% YoY during the same period.
  • The company's operating profit increased by 48.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.9% in 1QFY19 as against 6.2% in 1QFY18.
  • Depreciation charges and finance costs declined by 25.9% YoY and 37.8% YoY, respectively.
  • Other income increased by 21.5% YoY during the quarter.
  • Net profit for the quarter increased by 466.6% YoY. Net profit margins during the quarter increased from 0.7% in 1QFY18 to 7.5% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 10.7% on a quarter-on-quarter (QoQ) basis. The expenses were down by 19.1% QoQ during the same period.
  • The company's operating profit increased by 69.9% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.9% in 1QFY19 as against 9.4% in 4QFY18.
  • Net profit for the quarter increased by 326.5% QoQ, while net profit margins increased from 1.6% in 4QFY18 to 7.5% in 1QFY19.

To see how RESPONSIVE INDUSTRIES has performed over the last eight quarters, please visit here.

RESPONSIVE INDUSTRIES Share Price Performance

Over the last one year, RESPONSIVE INDUSTRIES share price has moved up from Rs 66.2 to Rs 91.1, registering a Gain of Rs 25.0 or around 37.7%.

Overall, the S&P BSE SENSEX is up 0.0% over the year.

Current Valuations

At the current price of Rs 91.1, the price to earnings (P/E) ratio of RESPONSIVE INDUSTRIES stands at 91.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.7 times.

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RESPONSIVE INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Up 2.6% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, RESPONSIVE INDUSTRIES has posted a net profit of Rs 51 m (up 2.6% YoY). Sales on the other hand came in at Rs 1 bn (down 57.6% YoY). Read on for a complete analysis of RESPONSIVE INDUSTRIES's quarterly results.

RESPONSIVE INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 1166.3% (Quarterly Result Update)

Oct 23, 2018 | Updated on Oct 23, 2018

For the quarter ended September 2018, RESPONSIVE INDUSTRIES has posted a net profit of Rs 184 m (up 1166.3% YoY). Sales on the other hand came in at Rs 2 bn (up 25.5% YoY). Read on for a complete analysis of RESPONSIVE INDUSTRIES's quarterly results.

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