Share the post "Mahaan Foods : Q4 2024 Financial Quarterly Report"
Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter: There has been decline in other income over the past year which is -10.17 %, Marginal increase in other income during this quarter, up by 65.63%.
- Profit over the Year and quarter: Significant improvement in profitability for Mahaan Foods Ltd.. Notable increase of 57.71 % in net profit Year to Year, Mahaan Foods Ltd.’s profitability dropped by -349.61 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 57.89 % Year to Year. EPS decreased by -350 % 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 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.08 Cr | Rs. 0.05 Cr | Rs. 0.08 Cr | + 60 % | + 0 % |
Operating Profit | Rs. -0.08 Cr | Rs. -0.05 Cr | Rs. -0.08 Cr | -60 % | + 0 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.59 Cr | Rs. 0.32 Cr | Rs. 0.53 Cr | + 65.63 % | -10.17 % |
Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.5 Cr | Rs. 0.25 Cr | Rs. 0.43 Cr | + 72 % | -14 % |
Tax % | 31.4 % | 151.2 % | 25.41 % | -125.79 % | -5.99 % |
Net Profit | Rs. 0.2 Cr | Rs. -0.13 Cr | Rs. 0.32 Cr | + 346.15 % | + 60 % |
EPS in Rs | Rs. 0.57 | Rs. -0.36 | Rs. 0.9 | + 350 % | + 57.89 % |
Today, we’re looking at Mahaan Foods Ltd.’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 60 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -60 %, signaling a short-term contraction in margins.
Other income rose by 65.63 % compared to the last quarter, despite an annual decline of -10.17 %. Interest expenses surged remarkably by 0 % from the previous quarter, 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 -14 % but saw an increase from the preceding quarter by 72 %.
Tax expenses as a percentage of profits decreased slightly by -5.99 % compared to last year, with a more notable quarter-on-quarter decrease of -125.79 %. Net profit rose by 60 % year-on-year but experienced a 346.15 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 57.89 % but a quarterly rise of 350 %. In summary, Mahaan Foods 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 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.08 Cr | Rs. 0.05 Cr | Rs. 0.08 Cr | + 60 % | + 0 % |
Operating Profit | Rs. -0.08 Cr | Rs. -0.05 Cr | Rs. -0.08 Cr | -60 % | + 0 % |
Net Profit | Rs. 0.2 Cr | Rs. -0.13 Cr | Rs. 0.32 Cr | + 346.15 % | + 60 % |
EPS in Rs | Rs. 0.57 | Rs. -0.36 | Rs. 0.9 | + 350 % | + 57.89 % |
In reviewing Mahaan Foods Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a 60 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -60 % decrease from the last quarter.
Net Profit showed yearly increase of 60 %, and experienced a 346.15 % increase from the previous quarter. Earnings Per Share (EPS) rose by 57.89 % annually, however rose by 350 % compared to the last quarter. In essence, while Mahaan Foods Ltd. faces strong annual decline 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.