Share the post "Mehta Integrated Finance announces Q1 results: Profit Rises by 200% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: substantial increase in net sales/revenue by 0 %.
- 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 41.13 %. Marginal decrease of -84.74% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mehta Integrated Finance Ltd.. Profit dropped by -171.43 % Year to Year, Mehta Integrated Finance Ltd.’s profitability dropped by -98.72 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -150.00 % Year to Year. EPS decreased by -99.15 % 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. 0 Cr | Rs. 0.005 Cr | Rs. 0.005 Cr | + 0 % | 0 % |
| Expenses | Rs. 0.16 Cr | Rs. 0.13 Cr | Rs. 0.19 Cr | + 46.15 % | + 18.75 % |
| Operating Profit | Rs. -0.16 Cr | Rs. -0.13 Cr | Rs. -0.19 Cr | -46.15 % | -18.75 % |
| OPM % | 0 % | -2600 % | -3800 % | -1200 % | -3800 % |
| Other Income | Rs. 0.141 Cr | Rs. 1.304 Cr | Rs. 0.199 Cr | -84.74 % | + 41.13 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.02 Cr | Rs. 1.17 Cr | Rs. 0.01 Cr | -99.15 % | + 150 % |
| Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.02 Cr | Rs. 1.18 Cr | Rs. 0.02 Cr | -98.31 % | + 200 % |
| EPS in Rs | Rs. -0.04 | Rs. 2.35 | Rs. 0.02 | -99.15 % | + 150 % |
Today, we’re looking at Mehta Integrated Finance Ltd.’s financial performance for the Q1(Jun 2024).However, it did see a marginal increase of 0 % from the previous quarter. Expenses ticked up slightly by 46.15 % quarter-on-quarter, aligning with the annual rise of 18.75 %. Operating profit, while down -18.75 % compared to last year, faced a quarter-on-quarter dip of -46.15 %, 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 -3800 %, but a shrinkage of -1200 % sequentially. Other income fell by -84.74 % compared to the last quarter, despite an annual growth of 41.13 %. Profit before tax grew annually by 150 % but saw a reduction from the preceding quarter by -99.15 %.
Net profit rose by 200 % year-on-year but witnessed a -98.31 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 150 % but a quarterly fall of -99.15 %. In summary, Mehta Integrated Finance Ltd.’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. 0.005 Cr | Rs. 0.005 Cr | + 0 % | 0 % |
| Expenses | Rs. 0.16 Cr | Rs. 0.13 Cr | Rs. 0.19 Cr | + 46.15 % | + 18.75 % |
| Operating Profit | Rs. -0.16 Cr | Rs. -0.13 Cr | Rs. -0.19 Cr | -46.15 % | -18.75 % |
| Net Profit | Rs. -0.02 Cr | Rs. 1.18 Cr | Rs. 0.02 Cr | -98.31 % | + 200 % |
| EPS in Rs | Rs. -0.04 | Rs. 2.35 | Rs. 0.02 | -99.15 % | + 150 % |
In reviewing Mehta Integrated Finance Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.however, there was a minor increase of 0 % from the previous quarter. Expenses rose by 18.75 % compared to the previous year, with a 46.15 % increase quarter-on-quarter. Operating Profit dropped by -18.75 % annually, and saw a -46.15 % decrease from the last quarter.
Net Profit showed yearly increase of 200 %, and experienced a -98.31 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 150 % annually, however dipped by -99.15 % compared to the last quarter. In essence, while Mehta Integrated Finance Ltd. 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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