Share the post "Millennium Online Solutions (India) ‘s Q2 Financial results: Revenue Grows by 35.32% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 35.32 % in the past year, substantial increase in net sales/revenue by 98.91 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 200%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Millennium Online Solutions (India) Ltd. Profit dropped by -41.54 % Year to Year, Millennium Online Solutions (India) Ltd’s profitability dropped by -56.32 % Quarter to Quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.269 Cr | Rs. 0.183 Cr | Rs. 0.364 Cr | + 98.91 % | + 35.32 % |
Expenses | Rs. 0.33 Cr | Rs. 0.27 Cr | Rs. 0.41 Cr | + 51.85 % | + 24.24 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.09 Cr | Rs. -0.05 Cr | + 44.44 % | + 16.67 % |
OPM % | -22.3 % | -49.18 % | -13.74 % | + 35.44 % | + 8.56 % |
Other Income | Rs. 0 Cr | Rs. 0.001 Cr | Rs. 0.003 Cr | + 200 % | 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. -0.06 Cr | Rs. -0.09 Cr | Rs. -0.05 Cr | + 44.44 % | + 16.67 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.07 Cr | Rs. -0.09 Cr | Rs. -0.04 Cr | + 55.56 % | + 42.86 % |
EPS in Rs | Rs. -0.01 | Rs. -0.01 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Millennium Online Solutions (India) Ltd’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 35.32 %. However, it did see a marginal increase of 98.91 % from the previous quarter. Expenses ticked up slightly by 51.85 % quarter-on-quarter, aligning with the annual rise of 24.24 %. Operating profit, while up 16.67 % compared to last year, faced a quarter-on-quarter increase of 44.44 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 8.56 %, but an expansion of 35.44 % sequentially. Other income rose by 200 % compared to the last quarter, Profit before tax grew annually by 16.67 % but saw an increase from the preceding quarter by 44.44 %.
Net profit rose by 42.86 % year-on-year but experienced a 55.56 % expansion from the last quarter. In summary, Millennium Online Solutions (India) 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. 0.269 Cr | Rs. 0.183 Cr | Rs. 0.364 Cr | + 98.91 % | + 35.32 % |
Expenses | Rs. 0.33 Cr | Rs. 0.27 Cr | Rs. 0.41 Cr | + 51.85 % | + 24.24 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.09 Cr | Rs. -0.05 Cr | + 44.44 % | + 16.67 % |
Net Profit | Rs. -0.07 Cr | Rs. -0.09 Cr | Rs. -0.04 Cr | + 55.56 % | + 42.86 % |
EPS in Rs | Rs. -0.01 | Rs. -0.01 | Rs. 0 | 0 % | 0 % |
In reviewing Millennium Online Solutions (India) Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 35.32 % year-on-year growth, however, there was a minor increase of 98.91 % from the previous quarter. Expenses rose by 24.24 % compared to the previous year, with a 51.85 % increase quarter-on-quarter. Operating Profit surged by 16.67 % annually, and saw a 44.44 % increase from the last quarter.
Net Profit showed yearly increase of 42.86 %, and experienced a 55.56 % increase from the previous quarter. In essence, while Millennium Online Solutions (India) Ltd 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.
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