Share the post "Mangalore Refinery And Petrochemicals ‘s Q3 2024-25 Latest News: Profit Falls by 21.11% Year-on-Year"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company’s sales declined by -9.8 % over the year, decrease in net sales/revenue by -11.06 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -15.82 %, Marginal decrease of -10.91% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Mangalore Refinery and Petrochemicals Limited. Profit dropped by -21.11 % Year to Year, Mangalore Refinery and Petrochemicals Limited’s profitability dropped by -144.38 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -21.43 % Year to Year. EPS decreased by -144.22 % 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. 24676.91 Cr | Rs. 24967.87 Cr | Rs. 21870.86 Cr | -11.06 % | -9.8 % |
| Expenses | Rs. 23517.43 Cr | Rs. 25441.78 Cr | Rs. 20839.72 Cr | -18.09 % | -11.39 % |
| Operating Profit | Rs. 1159.48 Cr | Rs. -473.91 Cr | Rs. 1031.14 Cr | + 317.58 % | -11.07 % |
| OPM % | 4.7 % | -1.9 % | 4.71 % | + 6.61 % | + 0.01 % |
| Other Income | Rs. 39.58 Cr | Rs. 37.4 Cr | Rs. 33.32 Cr | -10.91 % | -15.82 % |
| Interest | Rs. 273.64 Cr | Rs. 284.74 Cr | Rs. 263.6 Cr | -7.42 % | -3.67 % |
| Depreciation | Rs. 334.27 Cr | Rs. 342.35 Cr | Rs. 331.51 Cr | -3.17 % | -0.83 % |
| Profit before tax | Rs. 591.15 Cr | Rs. -1063.6 Cr | Rs. 469.35 Cr | + 144.13 % | -20.6 % |
| Tax % | 34.52 % | -33.73 % | 35.19 % | + 68.92 % | + 0.67 % |
| Net Profit | Rs. 392.08 Cr | Rs. -696.94 Cr | Rs. 309.3 Cr | + 144.38 % | -21.11 % |
| EPS in Rs | Rs. 2.24 | Rs. -3.98 | Rs. 1.76 | + 144.22 % | -21.43 % |
Today, we’re looking at Mangalore Refinery and Petrochemicals Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -9.8 %. However, it did see a marginal slip of -11.06 % from the previous quarter. Expenses decreased slightly by -18.09 % quarter-on-quarter, aligning with the annual decline of -11.39 %. Operating profit, while down -11.07 % compared to last year, faced a quarter-on-quarter increase of 317.58 %, 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 0.01 %, but an expansion of 6.61 % sequentially. Other income fell by -10.91 % compared to the last quarter, despite an annual decline of -15.82 %. Interest expenses dropped significantly by -7.42 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.67 %. Depreciation costs fell by -3.17 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.83 %. Profit before tax declined annually by -20.6 % but saw an increase from the preceding quarter by 144.13 %.
Tax expenses as a percentage of profits increased slightly by 0.67 % compared to last year, with a more notable quarter-on-quarter increase of 68.92 %. Net profit fell by -21.11 % year-on-year but experienced a 144.38 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -21.43 % but a quarterly rise of 144.22 %. In summary, Mangalore Refinery and Petrochemicals 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. 24676.91 Cr | Rs. 24967.87 Cr | Rs. 21870.86 Cr | -11.06 % | -9.8 % |
| Expenses | Rs. 23517.43 Cr | Rs. 25441.78 Cr | Rs. 20839.72 Cr | -18.09 % | -11.39 % |
| Operating Profit | Rs. 1159.48 Cr | Rs. -473.91 Cr | Rs. 1031.14 Cr | + 317.58 % | -11.07 % |
| Net Profit | Rs. 392.08 Cr | Rs. -696.94 Cr | Rs. 309.3 Cr | + 144.38 % | -21.11 % |
| EPS in Rs | Rs. 2.24 | Rs. -3.98 | Rs. 1.76 | + 144.22 % | -21.43 % |
In reviewing Mangalore Refinery and Petrochemicals Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.8 % year-on-year, although there was a slight dip of -11.06 % from the previous quarter. Expenses decreased by -11.39 % compared to the previous year, with a decrease of -18.09 % quarter-on-quarter. Operating Profit dropped by -11.07 % annually, and saw a 317.58 % increase from the last quarter.
Net Profit showed yearly decrease of -21.11 %, and experienced a 144.38 % increase from the previous quarter. Earnings Per Share (EPS) fell by -21.43 % annually, however rose by 144.22 % compared to the last quarter. In essence, while Mangalore Refinery and Petrochemicals Limited 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.
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