Share the post "Mercury Laboratories : Q4 2024 Financial Quarterly Report : YoY Sales Down 10.62 %, QoQ Up 1.47 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -10.62 % over the year, substantial increase in net sales/revenue by 1.47 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -4.65 %, Marginal increase in other income during this quarter, up by 127.78%.
- Profit over the Year and quarter: Significant improvement in profitability for Mercury Laboratories Limited. Notable increase of 420.44 % in net profit Year to Year, Mercury Laboratories Limited’s profitability increased by 54.41 % in this quarter.
- EPS over the Year and quarter: EPS increased by 421.97 % Year to Year. EPS increased by 54.56 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 19.431 Cr | Rs. 17.115 Cr | Rs. 17.367 Cr | + 1.47 % | -10.62 % |
Expenses | Rs. 18.39 Cr | Rs. 14.89 Cr | Rs. 14.71 Cr | -1.21 % | -20.01 % |
Operating Profit | Rs. 1.04 Cr | Rs. 2.23 Cr | Rs. 2.66 Cr | + 19.28 % | + 155.77 % |
OPM % | 5.35 % | 13.03 % | 15.32 % | + 2.29 % | + 9.97 % |
Other Income | Rs. 0.43 Cr | Rs. 0.18 Cr | Rs. 0.41 Cr | + 127.78 % | -4.65 % |
Interest | Rs. 0.1 Cr | Rs. 0.1 Cr | Rs. 0.1 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.62 Cr | Rs. 0.72 Cr | Rs. 0.72 Cr | + 0 % | + 16.13 % |
Profit before tax | Rs. 0.75 Cr | Rs. 1.59 Cr | Rs. 2.25 Cr | + 41.51 % | + 200 % |
Tax % | 54.31 % | 22.07 % | 15.07 % | -7 % | -39.24 % |
Net Profit | Rs. 0.37 Cr | Rs. 1.24 Cr | Rs. 1.91 Cr | + 54.03 % | + 416.22 % |
EPS in Rs | Rs. 3.05 | Rs. 10.3 | Rs. 15.92 | + 54.56 % | + 421.97 % |
Today, we’re looking at Mercury Laboratories Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -10.62 %. However, it did see a marginal increase of 1.47 % from the previous quarter. Expenses decreased slightly by -1.21 % quarter-on-quarter, aligning with the annual decline of -20.01 %. Operating profit, while up 155.77 % compared to last year, faced a quarter-on-quarter increase of 19.28 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 9.97 %, but an expansion of 2.29 % sequentially. Other income rose by 127.78 % compared to the last quarter, despite an annual decline of -4.65 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.13 %. Profit before tax grew annually by 200 % but saw an increase from the preceding quarter by 41.51 %.
Tax expenses as a percentage of profits decreased slightly by -39.24 % compared to last year, with a more notable quarter-on-quarter decrease of -7 %. Net profit rose by 416.22 % year-on-year but experienced a 54.03 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 421.97 % but a quarterly rise of 54.56 %. In summary, Mercury Laboratories Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 19.431 Cr | Rs. 17.115 Cr | Rs. 17.367 Cr | + 1.47 % | -10.62 % |
Expenses | Rs. 18.39 Cr | Rs. 14.89 Cr | Rs. 14.71 Cr | -1.21 % | -20.01 % |
Operating Profit | Rs. 1.04 Cr | Rs. 2.23 Cr | Rs. 2.66 Cr | + 19.28 % | + 155.77 % |
Net Profit | Rs. 0.37 Cr | Rs. 1.24 Cr | Rs. 1.91 Cr | + 54.03 % | + 416.22 % |
EPS in Rs | Rs. 3.05 | Rs. 10.3 | Rs. 15.92 | + 54.56 % | + 421.97 % |
In reviewing Mercury Laboratories Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.62 % year-on-year, however, there was a minor increase of 1.47 % from the previous quarter. Expenses decreased by -20.01 % compared to the previous year, with a decrease of -1.21 % quarter-on-quarter. Operating Profit surged by 155.77 % annually, and saw a 19.28 % increase from the last quarter.
Net Profit showed yearly increase of 416.22 %, and experienced a 54.03 % increase from the previous quarter. Earnings Per Share (EPS) rose by 421.97 % annually, however rose by 54.56 % compared to the last quarter. In essence, while Mercury Laboratories Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.