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Mehta Securities ‘s Q2 Update: Profit Falls by 11.11% Year-on-Year

November 15, 2024November 15, 2024| adminadmin| 0 Comments| 5:30 pm
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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 0 %. Marginal increase in other income during this quarter, up by 268.42%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Mehta Securities Ltd.. Profit dropped by -15.22 % Year to Year, Mehta Securities Ltd.’s profitability dropped by -216.42 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -16.67 % Year to Year. EPS decreased by -213.64 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Mehta Securities Ltd.‘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 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.04 Cr Rs. 0.1 Cr Rs. 0.06 Cr -40 % + 50 %
Operating Profit Rs. -0.04 Cr Rs. -0.1 Cr Rs. -0.06 Cr + 40 % -50 %
OPM % 0 % 0 % 0 % 0 % 0 %
Other Income Rs. 0.14 Cr Rs. 0.038 Cr Rs. 0.14 Cr + 268.42 % + 0 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.01 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 0.09 Cr Rs. -0.06 Cr Rs. 0.08 Cr + 233.33 % -11.11 %
Tax % 0 % -0 % 0 % 0 % 0 %
Net Profit Rs. 0.09 Cr Rs. -0.07 Cr Rs. 0.08 Cr + 214.29 % -11.11 %
EPS in Rs Rs. 0.3 Rs. -0.22 Rs. 0.25 + 213.64 % -16.67 %


Today, we’re looking at Mehta Securities Ltd.’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -40 % quarter-on-quarter, aligning with the annual rise of 50 %. Operating profit, while down -50 % compared to last year, faced a quarter-on-quarter increase of 40 %, signaling a short-term expansion in margins.
Other income rose by 268.42 % compared to the last quarter, despite an annual growth of 0 %. Profit before tax declined annually by -11.11 % but saw an increase from the preceding quarter by 233.33 %.
Net profit fell by -11.11 % year-on-year but experienced a 214.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -16.67 % but a quarterly rise of 213.64 %. 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. 0.04 Cr Rs. 0.1 Cr Rs. 0.06 Cr -40 % + 50 %
Operating Profit Rs. -0.04 Cr Rs. -0.1 Cr Rs. -0.06 Cr + 40 % -50 %
Net Profit Rs. 0.09 Cr Rs. -0.07 Cr Rs. 0.08 Cr + 214.29 % -11.11 %
EPS in Rs Rs. 0.3 Rs. -0.22 Rs. 0.25 + 213.64 % -16.67 %


In reviewing Mehta Securities Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 50 % compared to the previous year, with a decrease of -40 % quarter-on-quarter. Operating Profit dropped by -50 % annually, and saw a 40 % increase from the last quarter.
Net Profit showed yearly decrease of -11.11 %, and experienced a 214.29 % increase from the previous quarter. Earnings Per Share (EPS) fell by -16.67 % annually, however rose by 213.64 % compared to the last quarter. In essence, while Mehta Securities Ltd. faces strong annual decline 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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