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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14483.72 % in the past year, substantial increase in net sales/revenue by 15195.12 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -95.72 %, Marginal increase in other income during this quarter, up by 75%.
- Profit over the Year and quarter: Significant improvement in profitability for Maha Rashtra Apex Corporation Ltd. Notable increase of 148.28 % in net profit Year to Year, Maha Rashtra Apex Corporation Ltd’s profitability increased by 4708.33 % in this quarter.
- EPS over the Year and quarter: EPS increased by 147.88 % Year to Year. EPS increased by 5012.5 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.043 Cr | Rs. 0.041 Cr | Rs. 6.271 Cr | + 15195.12 % | + 14483.72 % |
Expenses | Rs. 0.9 Cr | Rs. 0.35 Cr | Rs. 0.52 Cr | + 48.57 % | -42.22 % |
Operating Profit | Rs. -0.86 Cr | Rs. -0.31 Cr | Rs. 5.75 Cr | + 1954.84 % | + 768.6 % |
OPM % | -2000 % | -756.1 % | 91.69 % | + 847.79 % | + 2091.69 % |
Other Income | Rs. 3.27 Cr | Rs. 0.08 Cr | Rs. 0.14 Cr | + 75 % | -95.72 % |
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. 2.4 Cr | Rs. -0.24 Cr | Rs. 5.88 Cr | + 2550 % | + 145 % |
Tax % | 3.49 % | 0 % | 15.4 % | + 15.4 % | + 11.91 % |
Net Profit | Rs. 2.32 Cr | Rs. 0.12 Cr | Rs. 5.77 Cr | + 4708.33 % | + 148.71 % |
EPS in Rs | Rs. 1.65 | Rs. 0.08 | Rs. 4.09 | + 5012.5 % | + 147.88 % |
Today, we’re looking at Maha Rashtra Apex Corporation Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14483.72 %. However, it did see a marginal increase of 15195.12 % from the previous quarter. Expenses ticked up slightly by 48.57 % quarter-on-quarter, aligning with the annual decline of -42.22 %. Operating profit, while up 768.6 % compared to last year, faced a quarter-on-quarter increase of 1954.84 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2091.69 %, but an expansion of 847.79 % sequentially. Other income rose by 75 % compared to the last quarter, despite an annual decline of -95.72 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 145 % but saw an increase from the preceding quarter by 2550 %.
Tax expenses as a percentage of profits increased slightly by 11.91 % compared to last year, with a more notable quarter-on-quarter increase of 15.4 %. Net profit rose by 148.71 % year-on-year but experienced a 4708.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 147.88 % but a quarterly rise of 5012.5 %. In summary, Maha Rashtra Apex Corporation 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. 0.043 Cr | Rs. 0.041 Cr | Rs. 6.271 Cr | + 15195.12 % | + 14483.72 % |
Expenses | Rs. 0.9 Cr | Rs. 0.35 Cr | Rs. 0.52 Cr | + 48.57 % | -42.22 % |
Operating Profit | Rs. -0.86 Cr | Rs. -0.31 Cr | Rs. 5.75 Cr | + 1954.84 % | + 768.6 % |
Net Profit | Rs. 2.32 Cr | Rs. 0.12 Cr | Rs. 5.77 Cr | + 4708.33 % | + 148.71 % |
EPS in Rs | Rs. 1.65 | Rs. 0.08 | Rs. 4.09 | + 5012.5 % | + 147.88 % |
In reviewing Maha Rashtra Apex Corporation Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14483.72 % year-on-year growth, however, there was a minor increase of 15195.12 % from the previous quarter. Expenses decreased by -42.22 % compared to the previous year, with a 48.57 % increase quarter-on-quarter. Operating Profit surged by 768.6 % annually, and saw a 1954.84 % increase from the last quarter.
Net Profit showed yearly increase of 148.71 %, and experienced a 4708.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 147.88 % annually, however rose by 5012.5 % compared to the last quarter. In essence, while Maha Rashtra Apex Corporation Ltd 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.