Share the post "Magadh Sugar & Energy ‘s Q2 Results: Profit Drops by 64.39% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 11.98 % in the past year, decrease in net sales/revenue by -9.89 %.
- 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 103.11 %. Marginal increase in other income during this quarter, up by 97.64%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Magadh Sugar & Energy Limited. Profit dropped by -64.41 % Year to Year, Magadh Sugar & Energy Limited’s profitability dropped by -53.02 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -64.39 % Year to Year. EPS decreased by -53.02 % 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. 289.208 Cr | Rs. 359.393 Cr | Rs. 323.848 Cr | -9.89 % | + 11.98 % |
Expenses | Rs. 256.04 Cr | Rs. 324.11 Cr | Rs. 302.98 Cr | -6.52 % | + 18.33 % |
Operating Profit | Rs. 33.17 Cr | Rs. 35.28 Cr | Rs. 20.87 Cr | -40.84 % | -37.08 % |
OPM % | 11.47 % | 9.82 % | 6.44 % | -3.38 % | -5.03 % |
Other Income | Rs. 0.289 Cr | Rs. 0.297 Cr | Rs. 0.587 Cr | + 97.64 % | + 103.11 % |
Interest | Rs. 6.59 Cr | Rs. 13.14 Cr | Rs. 7.43 Cr | -43.46 % | + 12.75 % |
Depreciation | Rs. 6.33 Cr | Rs. 6.54 Cr | Rs. 6.61 Cr | + 1.07 % | + 4.42 % |
Profit before tax | Rs. 20.54 Cr | Rs. 15.9 Cr | Rs. 7.42 Cr | -53.33 % | -63.88 % |
Tax % | 26.57 % | 28.14 % | 27.56 % | -0.58 % | + 0.99 % |
Net Profit | Rs. 15.08 Cr | Rs. 11.43 Cr | Rs. 5.37 Cr | -53.02 % | -64.39 % |
EPS in Rs | Rs. 10.7 | Rs. 8.11 | Rs. 3.81 | -53.02 % | -64.39 % |
Today, we’re looking at Magadh Sugar & Energy 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 11.98 %. However, it did see a marginal slip of -9.89 % from the previous quarter. Expenses decreased slightly by -6.52 % quarter-on-quarter, aligning with the annual rise of 18.33 %. Operating profit, while down -37.08 % compared to last year, faced a quarter-on-quarter dip of -40.84 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.03 %, but a shrinkage of -3.38 % sequentially. Other income rose by 97.64 % compared to the last quarter, despite an annual growth of 103.11 %. Interest expenses dropped significantly by -43.46 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.75 %. Depreciation costs climbed by 1.07 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.42 %. Profit before tax declined annually by -63.88 % but saw a reduction from the preceding quarter by -53.33 %.
Tax expenses as a percentage of profits increased slightly by 0.99 % compared to last year, with a more notable quarter-on-quarter decrease of -0.58 %. Net profit fell by -64.39 % year-on-year but witnessed a -53.02 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -64.39 % but a quarterly fall of -53.02 %. In summary, Magadh Sugar & Energy 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. 289.208 Cr | Rs. 359.393 Cr | Rs. 323.848 Cr | -9.89 % | + 11.98 % |
Expenses | Rs. 256.04 Cr | Rs. 324.11 Cr | Rs. 302.98 Cr | -6.52 % | + 18.33 % |
Operating Profit | Rs. 33.17 Cr | Rs. 35.28 Cr | Rs. 20.87 Cr | -40.84 % | -37.08 % |
Net Profit | Rs. 15.08 Cr | Rs. 11.43 Cr | Rs. 5.37 Cr | -53.02 % | -64.39 % |
EPS in Rs | Rs. 10.7 | Rs. 8.11 | Rs. 3.81 | -53.02 % | -64.39 % |
In reviewing Magadh Sugar & Energy Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.98 % year-on-year growth, although there was a slight dip of -9.89 % from the previous quarter. Expenses rose by 18.33 % compared to the previous year, with a decrease of -6.52 % quarter-on-quarter. Operating Profit dropped by -37.08 % annually, and saw a -40.84 % decrease from the last quarter.
Net Profit showed yearly decrease of -64.39 %, and experienced a -53.02 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -64.39 % annually, however dipped by -53.02 % compared to the last quarter. In essence, while Magadh Sugar & Energy 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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