Share the post "Sarvamangal Mercantile Co ‘s Q2 Results: Profit Drops by 2.22% YoY"
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 decline in other income over the past year which is -5.24 %, Marginal increase in other income during this quarter, up by 2975%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sarvamangal Mercantile Co. Ltd.,. Profit dropped by -2.33 % Year to Year, Sarvamangal Mercantile Co. Ltd.,’s profitability dropped by -894.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -2.26 % Year to Year. EPS decreased by -892.62 % 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. 0.05 Cr | Rs. 0.06 Cr | Rs. 0.05 Cr | -16.67 % | + 0 % |
Operating Profit | Rs. -0.05 Cr | Rs. -0.06 Cr | Rs. -0.05 Cr | + 16.67 % | + 0 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 1.298 Cr | Rs. 0.04 Cr | Rs. 1.23 Cr | + 2975 % | -5.24 % |
Interest | Rs. 0.09 Cr | Rs. 0.09 Cr | Rs. 0.09 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 1.16 Cr | Rs. -0.11 Cr | Rs. 1.09 Cr | + 1090.91 % | -6.03 % |
Tax % | 21.82 % | -0 % | 19.01 % | + 19.01 % | -2.81 % |
Net Profit | Rs. 0.9 Cr | Rs. -0.11 Cr | Rs. 0.88 Cr | + 900 % | -2.22 % |
EPS in Rs | Rs. 36.25 | Rs. -4.47 | Rs. 35.43 | + 892.62 % | -2.26 % |
Today, we’re looking at Sarvamangal Mercantile Co. Ltd.,’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -16.67 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 16.67 %, signaling a short-term expansion in margins.
Other income rose by 2975 % compared to the last quarter, despite an annual decline of -5.24 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Profit before tax declined annually by -6.03 % but saw an increase from the preceding quarter by 1090.91 %.
Tax expenses as a percentage of profits decreased slightly by -2.81 % compared to last year, with a more notable quarter-on-quarter increase of 19.01 %. Net profit fell by -2.22 % year-on-year but experienced a 900 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -2.26 % but a quarterly rise of 892.62 %. In summary, Sarvamangal Mercantile Co. 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.05 Cr | Rs. 0.06 Cr | Rs. 0.05 Cr | -16.67 % | + 0 % |
Operating Profit | Rs. -0.05 Cr | Rs. -0.06 Cr | Rs. -0.05 Cr | + 16.67 % | + 0 % |
Net Profit | Rs. 0.9 Cr | Rs. -0.11 Cr | Rs. 0.88 Cr | + 900 % | -2.22 % |
EPS in Rs | Rs. 36.25 | Rs. -4.47 | Rs. 35.43 | + 892.62 % | -2.26 % |
In reviewing Sarvamangal Mercantile Co. Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a decrease of -16.67 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 16.67 % increase from the last quarter.
Net Profit showed yearly decrease of -2.22 %, and experienced a 900 % increase from the previous quarter. Earnings Per Share (EPS) fell by -2.26 % annually, however rose by 892.62 % compared to the last quarter. In essence, while Sarvamangal Mercantile Co. Ltd., faces strong annual decline 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.
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