Mumbai: In a remarkable display of growth and resilience, Netlink Solutions (India) Limited reported robust financial results for the quarter and half-year ending 30 September 2024. With a significant increase in revenue from operations and soaring net profits, the company has demonstrated its strength amid evolving market dynamics. The figures, as unveiled in its unaudited financial results, reflect both an impressive year-on-year performance and a dynamic expansion across key business segments.

For the quarter, Netlink Solutions’ total income surged by 130 per cent, reaching Rs 869.31 lakhs, compared to Rs 218.54 lakhs for the same period in 2023. This impressive rise is attributable to robust revenue contributions from its magazine/info media and treasury segments, positioning the company favorably against industry counterparts.

The half-year results further underscore the company’s financial momentum. Total revenue for the six months climbed to Rs 1,117.51 lakhs, a 130 per cent increase from the prior year’s Rs 484.72 lakhs. This growth was primarily propelled by the magazine/info media segment, which recorded a substantial rise in revenue, reaching Rs 636.15 lakhs in Q2 compared to last year’s Rs 24.04 lakhs. Additionally, the treasury segment maintained strong performance with revenues of Rs 255.70 lakhs in Q2, up from Rs 216.79 lakhs in the same period last year.

The impressive revenue growth translated into a significant uptick in profitability. Net profit for the quarter surged to Rs 636.17 lakhs, a notable increase from Rs 172.41 lakhs in Q2 of the previous year. The half-year figures reflect a similar trend, with net profit reaching Rs 806.78 lakhs, up from Rs 379.77 lakhs in the same period of 2023. This growth in profitability was bolstered by strategic cost management and efficient resource allocation across segments, leading to an elevated earnings per share (EPS) of Rs 25.15 for Q2.

On the balance sheet front, Netlink Solutions saw its total assets grow to Rs 3,608.34 lakhs as of September 2024, marking a solid expansion from Rs 2,050.76 lakhs a year ago. The company’s treasury assets, a major component of its financial assets, were instrumental in driving this growth, underscoring the company’s strategic focus on asset appreciation and capital efficiency.

The magazine/info media segment emerged as a clear leader, contributing Rs 594.09 lakhs to profit before tax in Q2 2024, a leap from Rs 11.43 lakhs in Q2 2023. Meanwhile, the treasury segment delivered Rs 253.03 lakhs in Q2 2024, demonstrating its continued role as a reliable revenue driver. However, the exhibition management segment remains an area of concern, with a recorded loss of Rs 3.75 lakhs in both Q2 2024 and Q2 2023, indicating potential challenges within this sector.

Netlink Solutions’ strong financial results underscore its strategic adaptability and robust operational efficiency. With rising revenues and a disciplined approach to cost management, the company is well-positioned for sustained growth. The impressive gains across its magazine/info media and treasury segments signal a promising outlook, while challenges within the exhibition management segment may necessitate further strategic review.

Financial Highlights for Netlink Solutions Q2 and H1 FY25:

1    Quarterly Revenue Growth: Total income for Q2 FY25 rose to Rs 869.31 lakhs, marking a 130 per cent increase from Rs 218.54 lakhs in Q2 FY24.

2    Half-Year Revenue: For H1 FY25, total revenue reached Rs 1,117.51 lakhs, representing a 130 per cent rise compared to Rs 484.72 lakhs in H1 FY24.

3    Magazine/Info Media Segment Surge: Revenue from the magazine/info media segment jumped significantly to Rs 636.15 lakhs in Q2 FY25 from Rs 24.04 lakhs in Q2 FY24.

4    Treasury Segment Strength: Treasury revenue stood at Rs 255.70 lakhs in Q2 FY25, showing a steady increase from Rs 216.79 lakhs in the same quarter last year.

5    Quarterly Net Profit: Net profit for Q2 FY25 was Rs 636.17 lakhs, up from Rs 172.41 lakhs in Q2 FY24, highlighting a strong profitability boost.

6    Half-Year Net Profit: H1 FY25 net profit reached Rs 806.78 lakhs, nearly doubling from Rs 379.77 lakhs in H1 FY24.

7    Earnings Per Share (EPS): EPS for Q2 FY25 was Rs 25.15, indicating enhanced shareholder value from the previous year.

8    Balance Sheet Expansion: Total assets grew to Rs 3,608.34 lakhs as of September 2024, compared to Rs 2,050.76 lakhs in September 2023.

9    Magazine/Info Media Segment Profit: This segment generated a profit before tax of Rs 594.09 lakhs in Q2 FY25, a substantial increase from Rs 11.43 lakhs in Q2 FY24.

10    Exhibition Management Segment Challenges: The exhibition management segment reported a loss of Rs 3.75 lakhs in Q2 FY25, consistent with losses in Q2 FY24, indicating potential operational issues in this area.