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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 -12 %, Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Modern Steels Limited’s profitability increased by 33.33 % in this quarter.
- EPS over the Year and quarter: EPS increased by 50 % in previous quarter. Positive impact on shareholders.
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. 0.25 Cr | Rs. 0.25 Cr | Rs. 0.26 Cr | + 4 % | + 4 % |
Operating Profit | Rs. -0.25 Cr | Rs. -0.25 Cr | Rs. -0.26 Cr | -4 % | -4 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.25 Cr | Rs. 0.22 Cr | Rs. 0.22 Cr | + 0 % | -12 % |
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 Cr | Rs. -0.03 Cr | Rs. -0.04 Cr | -33.33 % | 0 % |
Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. 0 Cr | Rs. -0.03 Cr | Rs. -0.04 Cr | -33.33 % | 0 % |
EPS in Rs | Rs. 0 | Rs. -0.02 | Rs. -0.03 | -50 % | 0 % |
Today, we’re looking at Modern Steels Limited’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 4 % quarter-on-quarter, aligning with the annual rise of 4 %. Operating profit, while down -4 % compared to last year, faced a quarter-on-quarter dip of -4 %, signaling a short-term contraction in margins.
Other income rose by 0 % compared to the last quarter, despite an annual decline of -12 %. but saw a reduction from the preceding quarter by -33.33 %.
but witnessed a -33.33 % contraction from the last quarter. but a quarterly fall of -50 %. In summary, Modern Steels 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. 0.25 Cr | Rs. 0.25 Cr | Rs. 0.26 Cr | + 4 % | + 4 % |
Operating Profit | Rs. -0.25 Cr | Rs. -0.25 Cr | Rs. -0.26 Cr | -4 % | -4 % |
Net Profit | Rs. 0 Cr | Rs. -0.03 Cr | Rs. -0.04 Cr | -33.33 % | 0 % |
EPS in Rs | Rs. 0 | Rs. -0.02 | Rs. -0.03 | -50 % | 0 % |
In reviewing Modern Steels Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 4 % compared to the previous year, with a 4 % increase quarter-on-quarter. Operating Profit dropped by -4 % annually, and saw a -4 % decrease from the last quarter.
and experienced a -33.33 % decrease from the previous quarter. however dipped by -50 % compared to the last quarter. In essence, while Modern Steels 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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