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Megri Soft announces Q2 results: Profit Rises by 66.67% YoY

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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 95.15 % in the past year, decrease in net sales/revenue by -15.83 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -10 %, Marginal increase in other income during this quarter, up by 38.46%.
  • Profit over the Year and quarter: Significant improvement in profitability for Megri Soft Limited. Notable increase of 68.97 % in net profit Year to Year, Megri Soft Limited’s profitability increased by 5.76 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 67.86 % Year to Year. EPS increased by 6.82 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Megri Soft Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0.515 Cr Rs. 1.194 Cr Rs. 1.005 Cr -15.83 % + 95.15 %
Expenses Rs. 0.4 Cr Rs. 0.99 Cr Rs. 0.8 Cr -19.19 % + 100 %
Operating Profit Rs. 0.12 Cr Rs. 0.2 Cr Rs. 0.21 Cr + 5 % + 75 %
OPM % 23.3 % 16.75 % 20.9 % + 4.15 % -2.4 %
Other Income Rs. 0.02 Cr Rs. 0.013 Cr Rs. 0.018 Cr + 38.46 % -10 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.02 Cr Rs. 0.03 Cr Rs. 0.03 Cr + 0 % + 50 %
Profit before tax Rs. 0.12 Cr Rs. 0.18 Cr Rs. 0.2 Cr + 11.11 % + 66.67 %
Tax % 26.5 % 25.67 % 26.13 % + 0.46 % -0.37 %
Net Profit Rs. 0.09 Cr Rs. 0.14 Cr Rs. 0.15 Cr + 7.14 % + 66.67 %
EPS in Rs Rs. 0.28 Rs. 0.44 Rs. 0.47 + 6.82 % + 67.86 %


Today, we’re looking at Megri Soft 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 95.15 %. However, it did see a marginal slip of -15.83 % from the previous quarter. Expenses decreased slightly by -19.19 % quarter-on-quarter, aligning with the annual rise of 100 %. Operating profit, while up 75 % compared to last year, faced a quarter-on-quarter increase of 5 %, 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 -2.4 %, but an expansion of 4.15 % sequentially. Other income rose by 38.46 % compared to the last quarter, despite an annual decline of -10 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50 %. Profit before tax grew annually by 66.67 % but saw an increase from the preceding quarter by 11.11 %.
Tax expenses as a percentage of profits decreased slightly by -0.37 % compared to last year, with a more notable quarter-on-quarter increase of 0.46 %. Net profit rose by 66.67 % year-on-year but experienced a 7.14 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 67.86 % but a quarterly rise of 6.82 %. In summary, Megri Soft 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. 0.515 Cr Rs. 1.194 Cr Rs. 1.005 Cr -15.83 % + 95.15 %
Expenses Rs. 0.4 Cr Rs. 0.99 Cr Rs. 0.8 Cr -19.19 % + 100 %
Operating Profit Rs. 0.12 Cr Rs. 0.2 Cr Rs. 0.21 Cr + 5 % + 75 %
Net Profit Rs. 0.09 Cr Rs. 0.14 Cr Rs. 0.15 Cr + 7.14 % + 66.67 %
EPS in Rs Rs. 0.28 Rs. 0.44 Rs. 0.47 + 6.82 % + 67.86 %


In reviewing Megri Soft Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 95.15 % year-on-year growth, although there was a slight dip of -15.83 % from the previous quarter. Expenses rose by 100 % compared to the previous year, with a decrease of -19.19 % quarter-on-quarter. Operating Profit surged by 75 % annually, and saw a 5 % increase from the last quarter.
Net Profit showed yearly increase of 66.67 %, and experienced a 7.14 % increase from the previous quarter. Earnings Per Share (EPS) rose by 67.86 % annually, however rose by 6.82 % compared to the last quarter. In essence, while Megri Soft 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.

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