Share the post "MP Agro Industries announced Financial Results for Q1 2024-2025"
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 either a marginal increase or a decline in other income over the past year which is 23.17 %. Marginal decrease of -9.01% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for M.P. Agro Industries Ltd.,. Profit dropped by -9.52 % Year to Year, M.P. Agro Industries Ltd.,’s profitability dropped by -26.92 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -25.00 % Year to Year. EPS decreased by -25 % 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. 0.416 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.05 Cr | Rs. 0.5 Cr | Rs. 0.08 Cr | -84 % | + 60 % |
Operating Profit | Rs. -0.05 Cr | Rs. -0.08 Cr | Rs. -0.08 Cr | + 0 % | -60 % |
OPM % | 0 % | -19.23 % | 0 % | + 19.23 % | 0 % |
Other Income | Rs. 0.082 Cr | Rs. 0.111 Cr | Rs. 0.101 Cr | -9.01 % | + 23.17 % |
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. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | -33.33 % |
Tax % | 25 % | 18.75 % | 26.92 % | + 8.17 % | + 1.92 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | + 0 % |
EPS in Rs | Rs. 0.04 | Rs. 0.04 | Rs. 0.03 | -25 % | -25 % |
Today, we’re looking at M.P. Agro Industries Ltd.,’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -84 % quarter-on-quarter, aligning with the annual rise of 60 %. Operating profit, while down -60 % compared to last year, faced a quarter-on-quarter increase of 0 %, signaling a short-term expansion in margins.
but an expansion of 19.23 % sequentially. Other income fell by -9.01 % compared to the last quarter, despite an annual growth of 23.17 %. Profit before tax declined annually by -33.33 % but saw a reduction from the preceding quarter by -33.33 %.
Tax expenses as a percentage of profits increased slightly by 1.92 % compared to last year, with a more notable quarter-on-quarter increase of 8.17 %. Net profit rose by 0 % year-on-year but witnessed a -33.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -25 % but a quarterly fall of -25 %. In summary, M.P. Agro Industries 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. 0.416 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.05 Cr | Rs. 0.5 Cr | Rs. 0.08 Cr | -84 % | + 60 % |
Operating Profit | Rs. -0.05 Cr | Rs. -0.08 Cr | Rs. -0.08 Cr | + 0 % | -60 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | + 0 % |
EPS in Rs | Rs. 0.04 | Rs. 0.04 | Rs. 0.03 | -25 % | -25 % |
In reviewing M.P. Agro Industries Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 60 % compared to the previous year, with a decrease of -84 % quarter-on-quarter. Operating Profit dropped by -60 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -33.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -25 % annually, however dipped by -25 % compared to the last quarter. In essence, while M.P. Agro Industries Ltd., 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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