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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -7.1 % over the year, substantial increase in net sales/revenue by 27.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -29.15 %, Marginal increase in other income during this quarter, up by 131.4%.
- Profit over the Year and quarter: Challenges in sustaining profitability for MEDICO REMEDIES LIMITED. Profit dropped by -35.94 % Year to Year, MEDICO REMEDIES LIMITED’s profitability dropped by -1.58 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -34.48 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 42.356 Cr | Rs. 30.798 Cr | Rs. 39.349 Cr | + 27.76 % | -7.1 % |
Expenses | Rs. 39.28 Cr | Rs. 27.98 Cr | Rs. 36.94 Cr | + 32.02 % | -5.96 % |
Operating Profit | Rs. 3.08 Cr | Rs. 2.82 Cr | Rs. 2.41 Cr | -14.54 % | -21.75 % |
OPM % | 7.27 % | 9.16 % | 6.12 % | -3.04 % | -1.15 % |
Other Income | Rs. 0.957 Cr | Rs. 0.293 Cr | Rs. 0.678 Cr | + 131.4 % | -29.15 % |
Interest | Rs. 0.18 Cr | Rs. 0.18 Cr | Rs. 0.21 Cr | + 16.67 % | + 16.67 % |
Depreciation | Rs. 0.71 Cr | Rs. 0.75 Cr | Rs. 0.75 Cr | + 0 % | + 5.63 % |
Profit before tax | Rs. 3.15 Cr | Rs. 2.18 Cr | Rs. 2.13 Cr | -2.29 % | -32.38 % |
Tax % | 22.84 % | 27.4 % | 27.11 % | -0.29 % | + 4.27 % |
Net Profit | Rs. 2.43 Cr | Rs. 1.58 Cr | Rs. 1.55 Cr | -1.9 % | -36.21 % |
EPS in Rs | Rs. 0.29 | Rs. 0.19 | Rs. 0.19 | + 0 % | -34.48 % |
Today, we’re looking at MEDICO REMEDIES 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 -7.1 %. However, it did see a marginal increase of 27.76 % from the previous quarter. Expenses ticked up slightly by 32.02 % quarter-on-quarter, aligning with the annual decline of -5.96 %. Operating profit, while down -21.75 % compared to last year, faced a quarter-on-quarter dip of -14.54 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.15 %, but a shrinkage of -3.04 % sequentially. Other income rose by 131.4 % compared to the last quarter, despite an annual decline of -29.15 %. Interest expenses surged remarkably by 16.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 16.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.63 %. Profit before tax declined annually by -32.38 % but saw a reduction from the preceding quarter by -2.29 %.
Tax expenses as a percentage of profits increased slightly by 4.27 % compared to last year, with a more notable quarter-on-quarter decrease of -0.29 %. Net profit fell by -36.21 % year-on-year but witnessed a -1.9 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -34.48 % but a quarterly rise of 0 %. In summary, MEDICO REMEDIES 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. 42.356 Cr | Rs. 30.798 Cr | Rs. 39.349 Cr | + 27.76 % | -7.1 % |
Expenses | Rs. 39.28 Cr | Rs. 27.98 Cr | Rs. 36.94 Cr | + 32.02 % | -5.96 % |
Operating Profit | Rs. 3.08 Cr | Rs. 2.82 Cr | Rs. 2.41 Cr | -14.54 % | -21.75 % |
Net Profit | Rs. 2.43 Cr | Rs. 1.58 Cr | Rs. 1.55 Cr | -1.9 % | -36.21 % |
EPS in Rs | Rs. 0.29 | Rs. 0.19 | Rs. 0.19 | + 0 % | -34.48 % |
In reviewing MEDICO REMEDIES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.1 % year-on-year, however, there was a minor increase of 27.76 % from the previous quarter. Expenses decreased by -5.96 % compared to the previous year, with a 32.02 % increase quarter-on-quarter. Operating Profit dropped by -21.75 % annually, and saw a -14.54 % decrease from the last quarter.
Net Profit showed yearly decrease of -36.21 %, and experienced a -1.9 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -34.48 % annually, however rose by 0 % compared to the last quarter. In essence, while MEDICO REMEDIES LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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