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MILGREY FINANCE & INVESTMENT LTD’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

April 25, 2024April 25, 2024| adminadmin| 0 Comments| 6:40 am
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Highlights

  • Sales over the Year and quarter:
  • Income over the Year and quarter: Marginal increase in other income during this quarter, up by 1900%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for MILGREY FINANCE & INVESTMENT LTD. Profit dropped by -1,421.43% Year to YearMILGREY FINANCE & INVESTMENT LTD’s profitability dropped by -520.45% Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -228.57% Year to Year.EPS decreased by -550.00%. Analysis needed for shareholder value.
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The comprehensive analytics outlining the performance and outlook of MILGREY FINANCE & INVESTMENT 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. 1.112 Cr Rs. 1.612 Cr Rs. 0.12 Cr -25.56% + 7.91%
Expenses Rs. 0.01 Cr Rs. 0.05 Cr Rs. 0.07 Cr + 40% + 600%
Operating Profit Rs. 1.1 Cr Rs. 1.56 Cr Rs. 0.05 Cr -96.79% -95.45%
OPM % 98.92 % 96.77 % 41.67 % -55.1% -57.25%
Other Income Rs. 0 Cr Rs. 0.01 Cr Rs. 0.2 Cr + 1900% + 0%
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0.06 Cr 0% + 0%
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr + 0% + 0%
Profit before tax Rs. 1.1 Cr Rs. 1.57 Cr Rs. 0.19 Cr -87.9% -82.73%
Tax % -0 % -0 % 0 % + 0% + 0%
Net Profit Rs. -0.01 Cr Rs. -0.04 Cr Rs. 0.19 Cr + 575% + 2000%
EPS in Rs Rs. -0.07 Rs. -0.02 Rs. 0.09 + 550% + 228.57%


Today, we’re looking at MILGREY FINANCE & INVESTMENT LTD’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.91%. However, it did see a marginal slip of -25.56% from the previous quarter.Expenses ticked up slightly by 40% quarter-on-quarter, aligning with the annual rise of 600%. Operating profit, while down -95.45% compared to last year,faced a quarter-on-quarter dip of -96.79%, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -57.25%, but a shrinkage of -55.1% sequentially. Other income rose by 1900% compared to the last quarter,despite an annual growth of 140%. Interest expenses dropped significantly by -10% from the previous quarter, yet the year-over-year increase remains at a moderate 0%. Depreciation costs climbed by 6.25% quarter-on-quarter, whereas on an annual scale, they saw an increase of 0%. Profit before tax declined annually by -82.73%but saw a reduction from the preceding quarter by -87.9%.
Tax expenses as a percentage of profits increased slightly by 9.03% compared to last year, with a more notable quarter-on-quarter increase of 6.86%. Net profit rose by 2000% year-on-year but experienced a 575% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 228.57% but a quarterly rise of 550%. 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. 1.112 Cr Rs. 1.612 Cr Rs. 0.12 Cr -25.56% + 7.91%
Expenses Rs. 0.01 Cr Rs. 0.05 Cr Rs. 0.07 Cr + 40% + 600%
Operating Profit Rs. 1.1 Cr Rs. 1.56 Cr Rs. 0.05 Cr -96.79% -95.45%
Net Profit Rs. -0.01 Cr Rs. -0.04 Cr Rs. 0.19 Cr + 575% + 2000%
EPS in Rs Rs. -0.07 Rs. -0.02 Rs. 0.09 + 550% + 228.57%


In reviewing MILGREY FINANCE & INVESTMENT LTD’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, although there was a slight dip of -25.56% from the previous quarter.Expenses rose by 600% compared to the previous year, with a 40% increase quarter-on-quarter. Operating Profit dropped by -95.45% annually, and saw a -96.79% decrease from the last quarter.
Net Profit showed yearly increase of 2000%, and experienced a 575% increase from the previous quarter. Earnings Per Share (EPS) rose by 228.57% annually, however rose by 550% compared to the last quarter. In essence, while MILGREY FINANCE & INVESTMENT LTD faces strong annual decline 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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