NIFTY 50 23024.65 ▼ (1.37%)
NIFTY NEXT 50 63406.15 ▼ (2.61%)
NIFTY 100 23664.75 ▼ (1.6%)
NIFTY MIDCAP 100 53834.95 ▼ (2.31%)
NIFTY SMALLCAP 100 17456.5 ▼ (2.28%)
NIFTY SMALLCAP 250 16484.1 ▼ (2.12%)
NIFTY MIDCAP SELECT 12013.35 ▼ (2.78%)
NIFTY TOTAL MARKET 12091.55 ▼ (1.73%)
NIFTY BANK 48570.9 ▼ (1.58%)
SENSEX 75838.36 ▼ (1.6%)
BSE BANKEX 55020.92 ▼ (1.81%)

Mohite Industries ‘s Q2 Financial results: Revenue Grows by 93.49% YoY

[fetch_key]

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 93.49 % in the past year, substantial increase in net sales/revenue by 1.3 %.
  • 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 194.21 %. Marginal increase in other income during this quarter, up by 24.93%.
  • Profit over the Year and quarter: Significant improvement in profitability for Mohite Industries Limited. Notable increase of 46.52 % in net profit Year to Year, Mohite Industries Limited’s profitability increased by 28.06 % in this quarter.
  • EPS over the Year and quarter:

The comprehensive analytics outlining the performance and outlook of Mohite Industries 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. 24.546 Cr Rs. 46.885 Cr Rs. 47.494 Cr + 1.3 % + 93.49 %
Expenses Rs. 14.48 Cr Rs. 41.36 Cr Rs. 38.87 Cr -6.02 % + 168.44 %
Operating Profit Rs. 10.07 Cr Rs. 5.53 Cr Rs. 8.62 Cr + 55.88 % -14.4 %
OPM % 41.03 % 11.79 % 18.15 % + 6.36 % -22.88 %
Other Income Rs. -0.984 Cr Rs. 0.742 Cr Rs. 0.927 Cr + 24.93 % + 194.21 %
Interest Rs. 5.68 Cr Rs. 2.51 Cr Rs. 4.83 Cr + 92.43 % -14.96 %
Depreciation Rs. 1.57 Cr Rs. 1.66 Cr Rs. 2.03 Cr + 22.29 % + 29.3 %
Profit before tax Rs. 1.84 Cr Rs. 2.1 Cr Rs. 2.69 Cr + 28.1 % + 46.2 %
Tax % 0 % 0 % 0 % 0 % 0 %
Net Profit Rs. 1.84 Cr Rs. 2.1 Cr Rs. 2.69 Cr + 28.1 % + 46.2 %
EPS in Rs Rs. 0.91 Rs. 1.05 Rs. 0 0 % 0 %


Today, we’re looking at Mohite Industries 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 93.49 %. However, it did see a marginal increase of 1.3 % from the previous quarter. Expenses decreased slightly by -6.02 % quarter-on-quarter, aligning with the annual rise of 168.44 %. Operating profit, while down -14.4 % compared to last year, faced a quarter-on-quarter increase of 55.88 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -22.88 %, but an expansion of 6.36 % sequentially. Other income rose by 24.93 % compared to the last quarter, despite an annual growth of 194.21 %. Interest expenses surged remarkably by 92.43 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.96 %. Depreciation costs climbed by 22.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 29.3 %. Profit before tax grew annually by 46.2 % but saw an increase from the preceding quarter by 28.1 %.
Net profit rose by 46.2 % year-on-year but experienced a 28.1 % expansion from the last quarter. In summary, Mohite Industries 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. 24.546 Cr Rs. 46.885 Cr Rs. 47.494 Cr + 1.3 % + 93.49 %
Expenses Rs. 14.48 Cr Rs. 41.36 Cr Rs. 38.87 Cr -6.02 % + 168.44 %
Operating Profit Rs. 10.07 Cr Rs. 5.53 Cr Rs. 8.62 Cr + 55.88 % -14.4 %
Net Profit Rs. 1.84 Cr Rs. 2.1 Cr Rs. 2.69 Cr + 28.1 % + 46.2 %
EPS in Rs Rs. 0.91 Rs. 1.05 Rs. 0 0 % 0 %


In reviewing Mohite Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 93.49 % year-on-year growth, however, there was a minor increase of 1.3 % from the previous quarter. Expenses rose by 168.44 % compared to the previous year, with a decrease of -6.02 % quarter-on-quarter. Operating Profit dropped by -14.4 % annually, and saw a 55.88 % increase from the last quarter.
Net Profit showed yearly increase of 46.2 %, and experienced a 28.1 % increase from the previous quarter. In essence, while Mohite Industries 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.

[my_shortcode1 values=”Mohite Industries Limited”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post