Netlink Solutions India Q1 Results Total Revenue Down 94.44% QoQ & Up 5.02% YoY

Netlink Solutions India Quarterly Growth Projections

Netlink Solutions India Q1 Results: Netlink Solutions India for the quarter ending June 2024, several key figures show significant changes in financial results. The Total Revenue dropped sharply by 94.44% compared to the previous quarter, indicating a major decrease in income. However, it remained steady compared to the same period last year. Selling, General, and Administrative Expenses decreased by 17.65% from the last quarter but increased by a large 144.90% from the previous year.

Netlink Solutions India’s Depreciation and Amortization stayed the same as the previous quarter but increased by 10.11% from last year. Other Operating Expenses rose by 117.14% from the previous quarter and 41.89% year-over-year. Overall, Total Operating Expenses decreased by 15.33% from the last quarter and increased by 52.47% from the same quarter last year.

Netlink Solutions India experienced a loss in Operating Income, with a significant drop of 165.22% from the last quarter and a 69.95% increase from the previous year. Net Income Before Taxes fell by 65.99% from the last quarter and decreased by 16.09% compared to last year. Net Income also dropped by 62.05% from the last quarter and 17.72% from the same quarter last year. Finally, the Diluted Normalized EPS decreased by 62.04% from the last quarter and 17.68% year-over-year, showing a lower earnings per share.

Here's a summary of Netlink Solutions India's Q1 financial results for June 2024:

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Netlink Solutions India Q1 Results 

The financial results for Netlink Solutions India for the quarter ending on June 30, 2024, show how the company performed financially. For this quarter, the company's total income was ₹248.20 million, which includes ₹10.25 million from its main operations and ₹237.95 million from other sources. This is compared to a higher income of ₹632.62 million for the previous quarter and ₹266.18 million for the same quarter last year. The company's expenses totaled ₹55.27 million, including costs like materials, finance, and depreciation. This is lower than the previous quarter's expenses of ₹65.40 million but higher than ₹36.25 million from the same quarter last year.

Netlink Solutions India's profit before tax was ₹192.93 million, which is lower than the previous quarter's profit of ₹567.22 million but higher than ₹229.92 million from last year. After accounting for tax expenses of ₹22.32 million, the net profit for the quarter was ₹170.61 million. This is lower than the previous quarter's net profit of ₹349.60 million but higher than ₹207.36 million from the same quarter last year.

Netlink Solutions India’s earnings per share were ₹6.75, which is the same for both basic and diluted calculations. Their paid-up equity share capital remains stable at ₹252.92 million. The results show a drop in net profit compared to the previous quarter but still show positive performance compared to the same period last year.

Here's a summary of the unaudited financial results for the quarter ended 30th June, 2024:

Netlink Solutions India Financial Performance

Netlink Solutions India has a market capitalization of ₹39.4 Crores, meaning the total value of all its shares is this amount. The current price of each share is ₹156. The highest price of the stock was ₹244, and the lowest was ₹70.2. The Price-to-Earnings (P/E) ratio is 4.48, which is quite low, suggesting the stock might be undervalued. 

Here's the information in table format:

Quarterly Results 

For Netlink Solutions India, in December 2023, the company had sales of Rs. 0.01 crore and a net profit of Rs. 0.91 crore. Expenses were Rs. 0.29 crore, resulting in an operating loss of Rs. 0.28 crore. In March 2024, sales surged to Rs. 1.84 crore, with a significant increase in net profit to Rs. 4.50 crore.

Here is the detailed financial information for December 2023, March 2024, and June 2024:

About Netlink Solutions India

Netlink Solutions is a well-established company, founded in 1984, that provides business solutions primarily in the B2B marketplace and web-based services. The company is listed on the Bombay Stock Exchange (BSE) and is part of a large business group that includes Jupiter Infomedia. The group has a strong presence in various sectors, including B2B events, e-commerce, digital solutions, and print/digital publications.

Netlink Solutions operates several key divisions. These include the Corporate Gifts Show, a major trade show for corporate gifts and related products, and FairAct Exhibitions & Events, which manages and organizes business events across India. Their FairAct Design Studio specializes in designing and building exhibition booths and displays. The company also publishes the Gifts & Accessories Magazine, which is India’s only magazine focused on corporate gifts.

In the e-commerce sector, Netlink Solutions runs GiftsnAccessories.com, a B2B portal for corporate gifts and novelties. Their digital solutions division, Aditya Infotech, offers website design services. Overall, Netlink Solutions (India) provides a wide range of integrated solutions to help businesses grow and connect with their target markets.