IEL Q4 results : profit at ₹0.14Cr, Revenue increased by 5898.75% YoY
₹0.14 crore, marking a substantial improvement from the loss of ₹0.04 crore reported in the same period last fiscal year. Compared to the previous quarter, IEL witnessed a strong revenue growth of 66.19%, indicating a positive trend in its financials.
Despite a stagnant performance in Selling, general & administrative expenses quarter-on-quarter, there was a slight increase of 0.19% year-on-year. The operating income saw a notable uptick, rising by 40.88% sequentially and 120.25% year-on-year, reflecting efficient cost management and improved operational efficiency.
Earnings Per Share (EPS) for the quarter stood at ₹0.04, showcasing a significant increase of 396.67% year-on-year, indicating enhanced profitability per share for investors. In terms of returns, IEL delivered 3.5% return in the last week, while showing negative returns of -34.53% in the last 6 months and -25.87% year-to-date, highlighting the volatile nature of the market.
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