Share the post "Maha Rashtra Apex Corporation announced Financial Results Q1 2024-25"
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 2.5 % in the past year, decrease in net sales/revenue by -99.35 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -14.29 %, Marginal decrease of -70.58% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Maha Rashtra Apex Corporation Limited. Notable increase of 32.14 % in net profit Year to Year, Maha Rashtra Apex Corporation Limited’s profitability dropped by -101.92 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -233.33 % Year to Year. EPS decreased by -101.96 % 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. 0.04 Cr | Rs. 6.271 Cr | Rs. 0.041 Cr | -99.35 % | + 2.5 % |
Expenses | Rs. 0.49 Cr | Rs. 0.52 Cr | Rs. 0.46 Cr | -11.54 % | -6.12 % |
Operating Profit | Rs. -0.45 Cr | Rs. 5.75 Cr | Rs. -0.42 Cr | -107.3 % | + 6.67 % |
OPM % | -1125 % | 91.69 % | -1024.39 % | -1116.08 % | + 100.61 % |
Other Income | Rs. 0.371 Cr | Rs. 1.081 Cr | Rs. 0.318 Cr | -70.58 % | -14.29 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.09 Cr | Rs. 6.82 Cr | Rs. -0.11 Cr | -101.61 % | -22.22 % |
Tax % | -0 % | 15.4 % | -0 % | -15.4 % | 0 % |
Net Profit | Rs. -0.08 Cr | Rs. 5.77 Cr | Rs. -0.11 Cr | -101.91 % | -37.5 % |
EPS in Rs | Rs. -0.06 | Rs. 4.09 | Rs. -0.08 | -101.96 % | -33.33 % |
Today, we’re looking at Maha Rashtra Apex Corporation Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 2.5 %. However, it did see a marginal slip of -99.35 % from the previous quarter. Expenses decreased slightly by -11.54 % quarter-on-quarter, aligning with the annual decline of -6.12 %. Operating profit, while up 6.67 % compared to last year, faced a quarter-on-quarter dip of -107.3 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 100.61 %, but a shrinkage of -1116.08 % sequentially. Other income fell by -70.58 % compared to the last quarter, despite an annual decline of -14.29 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -22.22 % but saw a reduction from the preceding quarter by -101.61 %.
with a more notable quarter-on-quarter decrease of -15.4 %. Net profit fell by -37.5 % year-on-year but witnessed a -101.91 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -33.33 % but a quarterly fall of -101.96 %. In summary, Maha Rashtra Apex Corporation 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. 0.04 Cr | Rs. 6.271 Cr | Rs. 0.041 Cr | -99.35 % | + 2.5 % |
Expenses | Rs. 0.49 Cr | Rs. 0.52 Cr | Rs. 0.46 Cr | -11.54 % | -6.12 % |
Operating Profit | Rs. -0.45 Cr | Rs. 5.75 Cr | Rs. -0.42 Cr | -107.3 % | + 6.67 % |
Net Profit | Rs. -0.08 Cr | Rs. 5.77 Cr | Rs. -0.11 Cr | -101.91 % | -37.5 % |
EPS in Rs | Rs. -0.06 | Rs. 4.09 | Rs. -0.08 | -101.96 % | -33.33 % |
In reviewing Maha Rashtra Apex Corporation Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.5 % year-on-year growth, although there was a slight dip of -99.35 % from the previous quarter. Expenses decreased by -6.12 % compared to the previous year, with a decrease of -11.54 % quarter-on-quarter. Operating Profit surged by 6.67 % annually, and saw a -107.3 % decrease from the last quarter.
Net Profit showed yearly decrease of -37.5 %, and experienced a -101.91 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -33.33 % annually, however dipped by -101.96 % compared to the last quarter. In essence, while Maha Rashtra Apex Corporation 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.
[my_shortcode1 values=”Maha Rashtra Apex Corporation “]