MERCURY EV-TECH ‘s Latest Q2 Report: Profit Up by 171.19% Year-on-Year

The comprehensive analytics outlining the performance and outlook of MERCURY EV-TECH 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.

Today, we’re looking at MERCURY EV-TECH 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 252.55 %. However, it did see a marginal increase of 402.58 % from the previous quarter. Expenses ticked up slightly by 485.91 % quarter-on-quarter, aligning with the annual rise of 256.33 %. Operating profit, while up 225.81 % compared to last year, faced a quarter-on-quarter increase of 124.44 %, 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 -0.85 %, but a shrinkage of -12.86 % sequentially. Other income rose by 40300 % compared to the last quarter, despite an annual decline of -19.2 %. Interest expenses surged remarkably by 14.29 % from the previous quarter, yet the year-over-year decrease remains at a moderate -42.86 %. Depreciation costs climbed by 23.53 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 162.5 %. Profit before tax grew annually by 136.67 % but saw an increase from the preceding quarter by 222.73 %.
Tax expenses as a percentage of profits decreased slightly by -9.12 % compared to last year, with a more notable quarter-on-quarter decrease of -0.96 %. Net profit rose by 171.19 % year-on-year but experienced a 226.53 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 125 % but a quarterly rise of 200 %. In summary, MERCURY EV-TECH LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing MERCURY EV-TECH LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 252.55 % year-on-year growth, however, there was a minor increase of 402.58 % from the previous quarter. Expenses rose by 256.33 % compared to the previous year, with a 485.91 % increase quarter-on-quarter. Operating Profit surged by 225.81 % annually, and saw a 124.44 % increase from the last quarter.
Net Profit showed yearly increase of 171.19 %, and experienced a 226.53 % increase from the previous quarter. Earnings Per Share (EPS) rose by 125 % annually, however rose by 200 % compared to the last quarter. In essence, while MERCURY EV-TECH 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.