Share the post "Mercury Trade Links Reports Q1: Revenue Up by 187.94% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 187.94 % in the past year, substantial increase in net sales/revenue by 156.36 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 13600%.
- Profit over the Year and quarter: Significant improvement in profitability for Mercury Trade Links Ltd.,. Notable increase of 185.08 % in net profit Year to Year, Mercury Trade Links Ltd.,’s profitability increased by 560.75 % in this quarter.
- EPS over the Year and quarter: EPS declined by -74.05 % Year to Year. EPS decreased by -1.14 % 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. 2.744 Cr | Rs. 3.082 Cr | Rs. 7.901 Cr | + 156.36 % | + 187.94 % |
Expenses | Rs. 2.41 Cr | Rs. 3.07 Cr | Rs. 7.08 Cr | + 130.62 % | + 193.78 % |
Operating Profit | Rs. 0.33 Cr | Rs. 0.01 Cr | Rs. 0.82 Cr | + 8100 % | + 148.48 % |
OPM % | 12.03 % | 0.32 % | 10.38 % | + 10.06 % | -1.65 % |
Other Income | Rs. 0 Cr | Rs. -0.001 Cr | Rs. 0.135 Cr | + 13600 % | 0 % |
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. 0.33 Cr | Rs. 0.01 Cr | Rs. 0.96 Cr | + 9500 % | + 190.91 % |
Tax % | 25.97 % | 872.73 % | 26.05 % | -846.68 % | + 0.08 % |
Net Profit | Rs. 0.25 Cr | Rs. 0.11 Cr | Rs. 0.71 Cr | + 545.45 % | + 184 % |
EPS in Rs | Rs. 10.02 | Rs. 2.63 | Rs. 2.6 | -1.14 % | -74.05 % |
Today, we’re looking at Mercury Trade Links Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 187.94 %. However, it did see a marginal increase of 156.36 % from the previous quarter. Expenses ticked up slightly by 130.62 % quarter-on-quarter, aligning with the annual rise of 193.78 %. Operating profit, while up 148.48 % compared to last year, faced a quarter-on-quarter increase of 8100 %, 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 -1.65 %, but an expansion of 10.06 % sequentially. Other income rose by 13600 % compared to the last quarter, Profit before tax grew annually by 190.91 % but saw an increase from the preceding quarter by 9500 %.
Tax expenses as a percentage of profits increased slightly by 0.08 % compared to last year, with a more notable quarter-on-quarter decrease of -846.68 %. Net profit rose by 184 % year-on-year but experienced a 545.45 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -74.05 % but a quarterly fall of -1.14 %. In summary, Mercury Trade Links 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. 2.744 Cr | Rs. 3.082 Cr | Rs. 7.901 Cr | + 156.36 % | + 187.94 % |
Expenses | Rs. 2.41 Cr | Rs. 3.07 Cr | Rs. 7.08 Cr | + 130.62 % | + 193.78 % |
Operating Profit | Rs. 0.33 Cr | Rs. 0.01 Cr | Rs. 0.82 Cr | + 8100 % | + 148.48 % |
Net Profit | Rs. 0.25 Cr | Rs. 0.11 Cr | Rs. 0.71 Cr | + 545.45 % | + 184 % |
EPS in Rs | Rs. 10.02 | Rs. 2.63 | Rs. 2.6 | -1.14 % | -74.05 % |
In reviewing Mercury Trade Links Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 187.94 % year-on-year growth, however, there was a minor increase of 156.36 % from the previous quarter. Expenses rose by 193.78 % compared to the previous year, with a 130.62 % increase quarter-on-quarter. Operating Profit surged by 148.48 % annually, and saw a 8100 % increase from the last quarter.
Net Profit showed yearly increase of 184 %, and experienced a 545.45 % increase from the previous quarter. Earnings Per Share (EPS) fell by -74.05 % annually, however dipped by -1.14 % compared to the last quarter. In essence, while Mercury Trade Links 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.
[my_shortcode1]