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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: Marginal increase in other income during this quarter, up by 16.58%.
- Profit over the Year and quarter: Challenges in sustaining profitability for MILGREY FINANCE & INVESTMENT LTD. Profit dropped by -298.17 % Year to Year, MILGREY FINANCE & INVESTMENT LTD’s profitability increased by 16.76 % in this quarter.
- EPS over the Year and quarter: EPS declined by -118.18 % Year to Year. EPS increased by 11.11 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 0.12 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.11 Cr | Rs. 0.07 Cr | Rs. 0.01 Cr | -85.71 % | -90.91 % |
| Operating Profit | Rs. -0.11 Cr | Rs. 0.05 Cr | Rs. -0.01 Cr | -120 % | + 90.91 % |
| OPM % | 0 % | 41.67 % | 0 % | -41.67 % | 0 % |
| Other Income | Rs. 0 Cr | Rs. 0.193 Cr | Rs. 0.225 Cr | + 16.58 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0.06 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.11 Cr | Rs. 0.18 Cr | Rs. 0.22 Cr | + 22.22 % | + 300 % |
| Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.11 Cr | Rs. 0.19 Cr | Rs. 0.22 Cr | + 15.79 % | + 300 % |
| EPS in Rs | Rs. -0.55 | Rs. 0.16 | Rs. 0.1 | -37.5 % | + 118.18 % |
Today, we’re looking at MILGREY FINANCE & INVESTMENT LTD’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -85.71 % quarter-on-quarter, aligning with the annual decline of -90.91 %. Operating profit, while up 90.91 % compared to last year, faced a quarter-on-quarter dip of -120 %, signaling a short-term contraction in margins.
but a shrinkage of -41.67 % sequentially. Other income rose by 16.58 % compared to the last quarter, Profit before tax grew annually by 300 % but saw an increase from the preceding quarter by 22.22 %.
Net profit rose by 300 % year-on-year but experienced a 15.79 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 118.18 % but a quarterly fall of -37.5 %. In summary, MILGREY FINANCE & INVESTMENT 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. 0.12 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.11 Cr | Rs. 0.07 Cr | Rs. 0.01 Cr | -85.71 % | -90.91 % |
| Operating Profit | Rs. -0.11 Cr | Rs. 0.05 Cr | Rs. -0.01 Cr | -120 % | + 90.91 % |
| Net Profit | Rs. -0.11 Cr | Rs. 0.19 Cr | Rs. 0.22 Cr | + 15.79 % | + 300 % |
| EPS in Rs | Rs. -0.55 | Rs. 0.16 | Rs. 0.1 | -37.5 % | + 118.18 % |
In reviewing MILGREY FINANCE & INVESTMENT LTD’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -90.91 % compared to the previous year, with a decrease of -85.71 % quarter-on-quarter. Operating Profit surged by 90.91 % annually, and saw a -120 % decrease from the last quarter.
Net Profit showed yearly increase of 300 %, and experienced a 15.79 % increase from the previous quarter. Earnings Per Share (EPS) rose by 118.18 % annually, however dipped by -37.5 % compared to the last quarter. In essence, while MILGREY FINANCE & INVESTMENT LTD exhibits strong annual growth 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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