Share the post "Megasoft ‘s Q2 Results: Profit Drops by 336.39% YoY"
Highlights
- The presented financial data is Consolidated 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 -20.7 %, Marginal increase in other income during this quarter, up by 12.51%.
- Profit over the Year and quarter: Significant improvement in profitability for Megasoft Limited. Notable increase of 336.51 % in net profit Year to Year, Megasoft Limited’s profitability dropped by -14.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 338.64 % Year to Year. EPS decreased by -14.98 % 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. 9.17 Cr | Rs. 19.13 Cr | Rs. 17.29 Cr | -9.62 % | + 88.55 % |
Operating Profit | Rs. -9.17 Cr | Rs. -19.13 Cr | Rs. -17.29 Cr | + 9.62 % | -88.55 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 10.798 Cr | Rs. 7.611 Cr | Rs. 8.563 Cr | + 12.51 % | -20.7 % |
Interest | Rs. 4.14 Cr | Rs. 4.22 Cr | Rs. 4.49 Cr | + 6.4 % | + 8.45 % |
Depreciation | Rs. 0.67 Cr | Rs. 1.04 Cr | Rs. 1.05 Cr | + 0.96 % | + 56.72 % |
Profit before tax | Rs. -3.18 Cr | Rs. -16.78 Cr | Rs. -14.27 Cr | + 14.96 % | -348.74 % |
Tax % | 2.4 % | 0 % | 0 % | 0 % | -2.4 % |
Net Profit | Rs. -3.27 Cr | Rs. -16.78 Cr | Rs. -14.27 Cr | + 14.96 % | -336.39 % |
EPS in Rs | Rs. -0.44 | Rs. -2.27 | Rs. -1.93 | + 14.98 % | -338.64 % |
Today, we’re looking at Megasoft Limited’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -9.62 % quarter-on-quarter, aligning with the annual rise of 88.55 %. Operating profit, while down -88.55 % compared to last year, faced a quarter-on-quarter increase of 9.62 %, signaling a short-term expansion in margins.
Other income rose by 12.51 % compared to the last quarter, despite an annual decline of -20.7 %. Interest expenses surged remarkably by 6.4 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.45 %. Depreciation costs climbed by 0.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 56.72 %. Profit before tax declined annually by -348.74 % but saw an increase from the preceding quarter by 14.96 %.
Tax expenses as a percentage of profits decreased slightly by -2.4 % compared to last year, Net profit fell by -336.39 % year-on-year but experienced a 14.96 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -338.64 % but a quarterly rise of 14.98 %. In summary, Megasoft 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. 9.17 Cr | Rs. 19.13 Cr | Rs. 17.29 Cr | -9.62 % | + 88.55 % |
Operating Profit | Rs. -9.17 Cr | Rs. -19.13 Cr | Rs. -17.29 Cr | + 9.62 % | -88.55 % |
Net Profit | Rs. -3.27 Cr | Rs. -16.78 Cr | Rs. -14.27 Cr | + 14.96 % | -336.39 % |
EPS in Rs | Rs. -0.44 | Rs. -2.27 | Rs. -1.93 | + 14.98 % | -338.64 % |
In reviewing Megasoft Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 88.55 % compared to the previous year, with a decrease of -9.62 % quarter-on-quarter. Operating Profit dropped by -88.55 % annually, and saw a 9.62 % increase from the last quarter.
Net Profit showed yearly decrease of -336.39 %, and experienced a 14.96 % increase from the previous quarter. Earnings Per Share (EPS) fell by -338.64 % annually, however rose by 14.98 % compared to the last quarter. In essence, while Megasoft Limited 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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