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Asit C Mehta Financial Services Reports Q2: Revenue Up by 34.58% Year-on-Year

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 34.58 % in the past year, substantial increase in net sales/revenue by 14.25 %.
  • 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 17.6 %. Marginal increase in other income during this quarter, up by 25.3%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Asit C Mehta Financial Services Limited. Profit dropped by -85.97 % Year to Year, Asit C Mehta Financial Services Limited’s profitability dropped by -82.72 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -91.61 % Year to Year. EPS decreased by -82.76 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Asit C Mehta Financial Services Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 11.002 Cr Rs. 12.96 Cr Rs. 14.807 Cr + 14.25 % + 34.58 %
Expenses Rs. 11.37 Cr Rs. 13.5 Cr Rs. 13.75 Cr + 1.85 % + 20.93 %
Operating Profit Rs. -0.37 Cr Rs. -0.54 Cr Rs. 1.06 Cr + 296.3 % + 386.49 %
OPM % -3.36 % -4.17 % 7.16 % + 11.33 % + 10.52 %
Other Income Rs. 1.318 Cr Rs. 1.237 Cr Rs. 1.55 Cr + 25.3 % + 17.6 %
Interest Rs. 2.93 Cr Rs. 2.16 Cr Rs. 2.56 Cr + 18.52 % -12.63 %
Depreciation Rs. 0.38 Cr Rs. 0.51 Cr Rs. 0.5 Cr -1.96 % + 31.58 %
Profit before tax Rs. -2.36 Cr Rs. -1.97 Cr Rs. -0.45 Cr + 77.16 % + 80.93 %
Tax % -0.25 % -3.13 % -26.77 % -23.64 % -26.52 %
Net Profit Rs. -2.36 Cr Rs. -1.92 Cr Rs. -0.33 Cr + 82.81 % + 86.02 %
EPS in Rs Rs. -4.77 Rs. -2.32 Rs. -0.4 + 82.76 % + 91.61 %


Today, we’re looking at Asit C Mehta Financial Services Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 34.58 %. However, it did see a marginal increase of 14.25 % from the previous quarter. Expenses ticked up slightly by 1.85 % quarter-on-quarter, aligning with the annual rise of 20.93 %. Operating profit, while up 386.49 % compared to last year, faced a quarter-on-quarter increase of 296.3 %, 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 10.52 %, but an expansion of 11.33 % sequentially. Other income rose by 25.3 % compared to the last quarter, despite an annual growth of 17.6 %. Interest expenses surged remarkably by 18.52 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.63 %. Depreciation costs fell by -1.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.58 %. Profit before tax grew annually by 80.93 % but saw an increase from the preceding quarter by 77.16 %.
Tax expenses as a percentage of profits decreased slightly by -26.52 % compared to last year, with a more notable quarter-on-quarter decrease of -23.64 %. Net profit rose by 86.02 % year-on-year but experienced a 82.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 91.61 % but a quarterly rise of 82.76 %. In summary, Asit C Mehta Financial Services 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. 11.002 Cr Rs. 12.96 Cr Rs. 14.807 Cr + 14.25 % + 34.58 %
Expenses Rs. 11.37 Cr Rs. 13.5 Cr Rs. 13.75 Cr + 1.85 % + 20.93 %
Operating Profit Rs. -0.37 Cr Rs. -0.54 Cr Rs. 1.06 Cr + 296.3 % + 386.49 %
Net Profit Rs. -2.36 Cr Rs. -1.92 Cr Rs. -0.33 Cr + 82.81 % + 86.02 %
EPS in Rs Rs. -4.77 Rs. -2.32 Rs. -0.4 + 82.76 % + 91.61 %


In reviewing Asit C Mehta Financial Services Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.58 % year-on-year growth, however, there was a minor increase of 14.25 % from the previous quarter. Expenses rose by 20.93 % compared to the previous year, with a 1.85 % increase quarter-on-quarter. Operating Profit surged by 386.49 % annually, and saw a 296.3 % increase from the last quarter.
Net Profit showed yearly increase of 86.02 %, and experienced a 82.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 91.61 % annually, however rose by 82.76 % compared to the last quarter. In essence, while Asit C Mehta Financial Services 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.

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