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Highlights
- Sales over the Year and quarter:
- 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 333.33 %. Marginal increase in other income during this quarter, up by 225%.
- Profit over the Year and quarter: Significant improvement in profitability for Mega Nirman & Industries Limited. Notable increase of 864.52 % in net profit Year to Year, Mega Nirman & Industries Limited’s profitability increased by 304.05 % in this quarter.
- EPS over the Year and quarter: EPS increased by 888.89 % Year to Year. EPS increased by 304.55 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.05 Cr | Rs. 0.11 Cr | Rs. 0.42 Cr | + 281.82 % | + 740 % |
Operating Profit | Rs. -0.05 Cr | Rs. -0.11 Cr | Rs. -0.42 Cr | -281.82 % | -740 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.03 Cr | Rs. 0.04 Cr | Rs. 0.13 Cr | + 225 % | + 333.33 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | + 0 % |
Profit before tax | Rs. -0.03 Cr | Rs. -0.07 Cr | Rs. -0.3 Cr | -328.57 % | -900 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.07 Cr | Rs. -0.3 Cr | -328.57 % | -900 % |
EPS in Rs | Rs. -0.09 | Rs. 0 | Rs. -0.89 | 0 % | -888.89 % |
Today, we’re looking at Mega Nirman & Industries Limited’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 281.82 % quarter-on-quarter, aligning with the annual rise of 740 %. Operating profit, while down -740 % compared to last year, faced a quarter-on-quarter dip of -281.82 %, signaling a short-term contraction in margins.
Other income rose by 225 % compared to the last quarter, despite an annual growth of 333.33 %. whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -900 % but saw a reduction from the preceding quarter by -328.57 %.
Net profit fell by -900 % year-on-year but witnessed a -328.57 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -888.89 % In summary, Mega Nirman & Industries 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.05 Cr | Rs. 0.11 Cr | Rs. 0.42 Cr | + 281.82 % | + 740 % |
Operating Profit | Rs. -0.05 Cr | Rs. -0.11 Cr | Rs. -0.42 Cr | -281.82 % | -740 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.07 Cr | Rs. -0.3 Cr | -328.57 % | -900 % |
EPS in Rs | Rs. -0.09 | Rs. 0 | Rs. -0.89 | 0 % | -888.89 % |
In reviewing Mega Nirman & Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 740 % compared to the previous year, with a 281.82 % increase quarter-on-quarter. Operating Profit dropped by -740 % annually, and saw a -281.82 % decrease from the last quarter.
Net Profit showed yearly decrease of -900 %, and experienced a -328.57 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -888.89 % annually, In essence, while Mega Nirman & Industries 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.