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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- 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 216.67 %. Marginal decrease of -53.66% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mehta Securities Ltd.. Profit dropped by -23.86 % Year to Year, Mehta Securities Ltd.’s profitability dropped by -43.22 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -21.43 % Year to Year. EPS decreased by -42.11 % 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 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.1 Cr | Rs. 0.19 Cr | Rs. 0.1 Cr | -47.37 % | + 0 % |
| Operating Profit | Rs. -0.1 Cr | Rs. -0.19 Cr | Rs. -0.1 Cr | + 47.37 % | + 0 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.012 Cr | Rs. 0.082 Cr | Rs. 0.038 Cr | -53.66 % | + 216.67 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.1 Cr | Rs. -0.12 Cr | Rs. -0.06 Cr | + 50 % | + 40 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -0.09 Cr | Rs. -0.12 Cr | Rs. -0.07 Cr | + 41.67 % | + 22.22 % |
| EPS in Rs | Rs. -0.28 | Rs. -0.38 | Rs. -0.22 | + 42.11 % | + 21.43 % |
Today, we’re looking at Mehta Securities Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -47.37 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 47.37 %, signaling a short-term expansion in margins.
Other income fell by -53.66 % compared to the last quarter, despite an annual growth of 216.67 %. Profit before tax grew annually by 40 % but saw an increase from the preceding quarter by 50 %.
Net profit rose by 22.22 % year-on-year but experienced a 41.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.43 % but a quarterly rise of 42.11 %. In summary, Mehta Securities 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 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.1 Cr | Rs. 0.19 Cr | Rs. 0.1 Cr | -47.37 % | + 0 % |
| Operating Profit | Rs. -0.1 Cr | Rs. -0.19 Cr | Rs. -0.1 Cr | + 47.37 % | + 0 % |
| Net Profit | Rs. -0.09 Cr | Rs. -0.12 Cr | Rs. -0.07 Cr | + 41.67 % | + 22.22 % |
| EPS in Rs | Rs. -0.28 | Rs. -0.38 | Rs. -0.22 | + 42.11 % | + 21.43 % |
In reviewing Mehta Securities Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a decrease of -47.37 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 47.37 % increase from the last quarter.
Net Profit showed yearly increase of 22.22 %, and experienced a 41.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 21.43 % annually, however rose by 42.11 % compared to the last quarter. In essence, while Mehta Securities Ltd. 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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