Share the post "Multiplus Holdings ‘s Q1 Report: Profit Decreases by 12.12% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 3.09 % in the past year, decrease in net sales/revenue by -1.72 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Multiplus Holdings Ltd.,. Profit dropped by -11.66 % Year to Year, Multiplus Holdings Ltd.,’s profitability dropped by -4.64 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -11.56 % Year to Year. EPS decreased by -4.38 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.388 Cr | Rs. 0.407 Cr | Rs. 0.4 Cr | -1.72 % | + 3.09 % |
| Expenses | Rs. 0.06 Cr | Rs. 0.11 Cr | Rs. 0.11 Cr | + 0 % | + 83.33 % |
| Operating Profit | Rs. 0.33 Cr | Rs. 0.3 Cr | Rs. 0.29 Cr | -3.33 % | -12.12 % |
| OPM % | 85.05 % | 73.71 % | 72.5 % | -1.21 % | -12.55 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.33 Cr | Rs. 0.3 Cr | Rs. 0.29 Cr | -3.33 % | -12.12 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 0.33 Cr | Rs. 0.3 Cr | Rs. 0.29 Cr | -3.33 % | -12.12 % |
| EPS in Rs | Rs. 1.73 | Rs. 1.6 | Rs. 1.53 | -4.38 % | -11.56 % |
Today, we’re looking at Multiplus Holdings Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.09 %. However, it did see a marginal slip of -1.72 % from the previous quarter. Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual rise of 83.33 %. Operating profit, while down -12.12 % compared to last year, faced a quarter-on-quarter dip of -3.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -12.55 %, but a shrinkage of -1.21 % sequentially. Profit before tax declined annually by -12.12 % but saw a reduction from the preceding quarter by -3.33 %.
Net profit fell by -12.12 % year-on-year but witnessed a -3.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -11.56 % but a quarterly fall of -4.38 %. In summary, Multiplus Holdings Ltd.,’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. 0.388 Cr | Rs. 0.407 Cr | Rs. 0.4 Cr | -1.72 % | + 3.09 % |
| Expenses | Rs. 0.06 Cr | Rs. 0.11 Cr | Rs. 0.11 Cr | + 0 % | + 83.33 % |
| Operating Profit | Rs. 0.33 Cr | Rs. 0.3 Cr | Rs. 0.29 Cr | -3.33 % | -12.12 % |
| Net Profit | Rs. 0.33 Cr | Rs. 0.3 Cr | Rs. 0.29 Cr | -3.33 % | -12.12 % |
| EPS in Rs | Rs. 1.73 | Rs. 1.6 | Rs. 1.53 | -4.38 % | -11.56 % |
In reviewing Multiplus Holdings Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.09 % year-on-year growth, although there was a slight dip of -1.72 % from the previous quarter. Expenses rose by 83.33 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit dropped by -12.12 % annually, and saw a -3.33 % decrease from the last quarter.
Net Profit showed yearly decrease of -12.12 %, and experienced a -3.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -11.56 % annually, however dipped by -4.38 % compared to the last quarter. In essence, while Multiplus Holdings Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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