Share the post "Max India ‘s Q2 Report: Profit Decreases by 383.62% YoY"
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 -13.12 % over the year, substantial increase in net sales/revenue by 61.64 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -18.9 %, Marginal decrease of -16.61% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Max India Limited. Notable increase of 383.62 % in net profit Year to Year, Max India Limited’s profitability dropped by -15.72 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 383.49 % Year to Year. EPS decreased by -15.68 % 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. 49.23 Cr | Rs. 26.46 Cr | Rs. 42.77 Cr | + 61.64 % | -13.12 % |
Expenses | Rs. 53.75 Cr | Rs. 54.4 Cr | Rs. 63.92 Cr | + 17.5 % | + 18.92 % |
Operating Profit | Rs. -4.52 Cr | Rs. -27.94 Cr | Rs. -21.15 Cr | + 24.3 % | -367.92 % |
OPM % | -9.18 % | -105.59 % | -49.45 % | + 56.14 % | -40.27 % |
Other Income | Rs. 5.82 Cr | Rs. 5.66 Cr | Rs. 4.72 Cr | -16.61 % | -18.9 % |
Interest | Rs. 0.97 Cr | Rs. 1.49 Cr | Rs. 1.7 Cr | + 14.09 % | + 75.26 % |
Depreciation | Rs. 2.34 Cr | Rs. 3.93 Cr | Rs. 4.61 Cr | + 17.3 % | + 97.01 % |
Profit before tax | Rs. -2.01 Cr | Rs. -27.7 Cr | Rs. -22.74 Cr | + 17.91 % | -1031.34 % |
Tax % | -143.78 % | -0.36 % | -3.21 % | -2.85 % | + 140.57 % |
Net Profit | Rs. -4.7 Cr | Rs. -26.97 Cr | Rs. -22.73 Cr | + 15.72 % | -383.62 % |
EPS in Rs | Rs. -1.09 | Rs. -6.25 | Rs. -5.27 | + 15.68 % | -383.49 % |
Today, we’re looking at Max India Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -13.12 %. However, it did see a marginal increase of 61.64 % from the previous quarter. Expenses ticked up slightly by 17.5 % quarter-on-quarter, aligning with the annual rise of 18.92 %. Operating profit, while down -367.92 % compared to last year, faced a quarter-on-quarter increase of 24.3 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -40.27 %, but an expansion of 56.14 % sequentially. Other income fell by -16.61 % compared to the last quarter, despite an annual decline of -18.9 %. Interest expenses surged remarkably by 14.09 % from the previous quarter, yet the year-over-year increase remains at a moderate 75.26 %. Depreciation costs climbed by 17.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 97.01 %. Profit before tax declined annually by -1031.34 % but saw an increase from the preceding quarter by 17.91 %.
Tax expenses as a percentage of profits increased slightly by 140.57 % compared to last year, with a more notable quarter-on-quarter decrease of -2.85 %. Net profit fell by -383.62 % year-on-year but experienced a 15.72 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -383.49 % but a quarterly rise of 15.68 %. In summary, Max India 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. 49.23 Cr | Rs. 26.46 Cr | Rs. 42.77 Cr | + 61.64 % | -13.12 % |
Expenses | Rs. 53.75 Cr | Rs. 54.4 Cr | Rs. 63.92 Cr | + 17.5 % | + 18.92 % |
Operating Profit | Rs. -4.52 Cr | Rs. -27.94 Cr | Rs. -21.15 Cr | + 24.3 % | -367.92 % |
Net Profit | Rs. -4.7 Cr | Rs. -26.97 Cr | Rs. -22.73 Cr | + 15.72 % | -383.62 % |
EPS in Rs | Rs. -1.09 | Rs. -6.25 | Rs. -5.27 | + 15.68 % | -383.49 % |
In reviewing Max India Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.12 % year-on-year, however, there was a minor increase of 61.64 % from the previous quarter. Expenses rose by 18.92 % compared to the previous year, with a 17.5 % increase quarter-on-quarter. Operating Profit dropped by -367.92 % annually, and saw a 24.3 % increase from the last quarter.
Net Profit showed yearly decrease of -383.62 %, and experienced a 15.72 % increase from the previous quarter. Earnings Per Share (EPS) fell by -383.49 % annually, however rose by 15.68 % compared to the last quarter. In essence, while Max India 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.
[my_shortcode1 values=”Max India Limited”]