Share the post "Mukta Agriculture ‘s Latest Q1 Report: Profit Up by 300% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 135.14 %. Marginal increase in other income during this quarter, up by 109.59%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mukta Agriculture Limited. Profit dropped by -325 % Year to Year, Mukta Agriculture Limited’s profitability dropped by -103.34 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 200.00 % Year to Year. EPS decreased by -103.45 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.1 Cr | Rs. 0.06 Cr | Rs. 0.11 Cr | + 83.33 % | + 10 % |
| Operating Profit | Rs. -0.1 Cr | Rs. -0.06 Cr | Rs. -0.11 Cr | -83.33 % | -10 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.074 Cr | Rs. -1.815 Cr | Rs. 0.174 Cr | + 109.59 % | + 135.14 % |
| 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. -0.03 Cr | Rs. -1.88 Cr | Rs. 0.06 Cr | + 103.19 % | + 300 % |
| Tax % | -0 % | -0.43 % | 0 % | + 0.43 % | 0 % |
| Net Profit | Rs. -0.03 Cr | Rs. -1.89 Cr | Rs. 0.06 Cr | + 103.17 % | + 300 % |
| EPS in Rs | Rs. -0.01 | Rs. -0.87 | Rs. 0.03 | + 103.45 % | + 400 % |
Today, we’re looking at Mukta Agriculture Limited’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 83.33 % quarter-on-quarter, aligning with the annual rise of 10 %. Operating profit, while down -10 % compared to last year, faced a quarter-on-quarter dip of -83.33 %, signaling a short-term contraction in margins.
Other income rose by 109.59 % compared to the last quarter, despite an annual growth of 135.14 %. Profit before tax grew annually by 300 % but saw an increase from the preceding quarter by 103.19 %.
with a more notable quarter-on-quarter increase of 0.43 %. Net profit rose by 300 % year-on-year but experienced a 103.17 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 400 % but a quarterly rise of 103.45 %. In summary, Mukta Agriculture 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.1 Cr | Rs. 0.06 Cr | Rs. 0.11 Cr | + 83.33 % | + 10 % |
| Operating Profit | Rs. -0.1 Cr | Rs. -0.06 Cr | Rs. -0.11 Cr | -83.33 % | -10 % |
| Net Profit | Rs. -0.03 Cr | Rs. -1.89 Cr | Rs. 0.06 Cr | + 103.17 % | + 300 % |
| EPS in Rs | Rs. -0.01 | Rs. -0.87 | Rs. 0.03 | + 103.45 % | + 400 % |
In reviewing Mukta Agriculture Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 10 % compared to the previous year, with a 83.33 % increase quarter-on-quarter. Operating Profit dropped by -10 % annually, and saw a -83.33 % decrease from the last quarter.
Net Profit showed yearly increase of 300 %, and experienced a 103.17 % increase from the previous quarter. Earnings Per Share (EPS) rose by 400 % annually, however rose by 103.45 % compared to the last quarter. In essence, while Mukta Agriculture Limited 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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