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

First Published30 May 2024, 02:06 AM IST

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%