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Springform Tech - Quaterly Results

14 Aug 2024 Evaluate
The sales slipped to Rs. 0.90 millions, down -33.82% for the June 2024 quarter as against Rs. 1.36 millions during the year-ago period.The Net Loss for the quarter ended June 2024 is Rs. -1.49 millions as compared to Net Loss of Rs. -0.60 millions of corresponding quarter ended June 2023 Operating profit Margin for the quarter ended June 2024 further decreased to -1.41% as compared to -0.57% of corresponding quarter ended June 2023


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 0.90 1.36 -33.82 0.90 1.36 -33.82 5.51 11.50 -52.09
Other Income 0.01 0.00 0.00 0.01 0.00 0.00 0.17 0.00 0.00
PBIDT -1.41 -0.57 147.37 -1.41 -0.57 147.37 0.98 3.74 -73.80
Interest 0.04 0.00 0.00 0.04 0.00 0.00 0.51 0.18 183.33
PBDT -1.45 -0.57 154.39 -1.45 -0.57 154.39 0.47 3.56 -86.80
Depreciation 0.04 0.11 -63.64 0.04 0.11 -63.64 0.46 0.66 -30.30
PBT -1.49 -0.68 119.12 -1.49 -0.68 119.12 0.01 2.90 -99.66
TAX 0.00 -0.08 -100.00 0.00 -0.08 -100.00 0.00 0.75 -100.00
Deferred Tax 0.00 -0.08 -100.00 0.00 -0.08 -100.00 -0.05 -0.10 -50.00
PAT -1.49 -0.60 148.33 -1.49 -0.60 148.33 0.01 2.15 -99.53
Equity 0.50 0.50 0.00 0.50 0.50 0.00 0.50 0.50 0.00
PBIDTM(%) -156.67 -41.91 273.80 -156.67 -41.91 273.80 17.79 32.52 -45.31
Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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