Share the post "Mayukh Dealtrade ‘s Q2 Update: Profit Grows by 121.43% 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 experienced a substantial growth of 239.87 % in the past year, substantial increase in net sales/revenue by 124.14 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 3900 %. Marginal decrease of -60.4% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Mayukh Dealtrade Limited. Notable increase of 124.73 % in net profit Year to Year, Mayukh Dealtrade Limited’s profitability increased by 82.84 % in this quarter.
- EPS over the Year and quarter: EPS increased by 73.33 % Year to Year. EPS increased by 85.71 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.459 Cr | Rs. 0.696 Cr | Rs. 1.56 Cr | + 124.14 % | + 239.87 % |
Expenses | Rs. 0.03 Cr | Rs. 0.21 Cr | Rs. 0.64 Cr | + 204.76 % | + 2033.33 % |
Operating Profit | Rs. 0.43 Cr | Rs. 0.49 Cr | Rs. 0.92 Cr | + 87.76 % | + 113.95 % |
OPM % | 93.68 % | 70.4 % | 58.97 % | -11.43 % | -34.71 % |
Other Income | Rs. 0.001 Cr | Rs. 0.101 Cr | Rs. 0.04 Cr | -60.4 % | + 3900 % |
Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
Depreciation | Rs. 0.09 Cr | Rs. 0.1 Cr | Rs. 0.1 Cr | + 0 % | + 11.11 % |
Profit before tax | Rs. 0.34 Cr | Rs. 0.48 Cr | Rs. 0.85 Cr | + 77.08 % | + 150 % |
Tax % | 19.17 % | 28.69 % | 27.46 % | -1.23 % | + 8.29 % |
Net Profit | Rs. 0.28 Cr | Rs. 0.34 Cr | Rs. 0.62 Cr | + 82.35 % | + 121.43 % |
EPS in Rs | Rs. 0.15 | Rs. 0.14 | Rs. 0.26 | + 85.71 % | + 73.33 % |
Today, we’re looking at Mayukh Dealtrade Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 239.87 %. However, it did see a marginal increase of 124.14 % from the previous quarter. Expenses ticked up slightly by 204.76 % quarter-on-quarter, aligning with the annual rise of 2033.33 %. Operating profit, while up 113.95 % compared to last year, faced a quarter-on-quarter increase of 87.76 %, 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 -34.71 %, but a shrinkage of -11.43 % sequentially. Other income fell by -60.4 % compared to the last quarter, despite an annual growth of 3900 %. 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 11.11 %. Profit before tax grew annually by 150 % but saw an increase from the preceding quarter by 77.08 %.
Tax expenses as a percentage of profits increased slightly by 8.29 % compared to last year, with a more notable quarter-on-quarter decrease of -1.23 %. Net profit rose by 121.43 % year-on-year but experienced a 82.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 73.33 % but a quarterly rise of 85.71 %. In summary, Mayukh Dealtrade 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. 0.459 Cr | Rs. 0.696 Cr | Rs. 1.56 Cr | + 124.14 % | + 239.87 % |
Expenses | Rs. 0.03 Cr | Rs. 0.21 Cr | Rs. 0.64 Cr | + 204.76 % | + 2033.33 % |
Operating Profit | Rs. 0.43 Cr | Rs. 0.49 Cr | Rs. 0.92 Cr | + 87.76 % | + 113.95 % |
Net Profit | Rs. 0.28 Cr | Rs. 0.34 Cr | Rs. 0.62 Cr | + 82.35 % | + 121.43 % |
EPS in Rs | Rs. 0.15 | Rs. 0.14 | Rs. 0.26 | + 85.71 % | + 73.33 % |
In reviewing Mayukh Dealtrade Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 239.87 % year-on-year growth, however, there was a minor increase of 124.14 % from the previous quarter. Expenses rose by 2033.33 % compared to the previous year, with a 204.76 % increase quarter-on-quarter. Operating Profit surged by 113.95 % annually, and saw a 87.76 % increase from the last quarter.
Net Profit showed yearly increase of 121.43 %, and experienced a 82.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 73.33 % annually, however rose by 85.71 % compared to the last quarter. In essence, while Mayukh Dealtrade Limited 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.
[my_shortcode1 values=”Mayukh Dealtrade Limited”]