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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 61.8 % in the past year, substantial increase in net sales/revenue by 16.68 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mini Diamonds (India) Ltd.. Profit dropped by -462.08 % Year to Year, Mini Diamonds (India) Ltd.’s profitability increased by 11.82 % in this quarter.
- EPS over the Year and quarter: EPS declined by -153.05 % Year to Year. EPS decreased by -83.11 % 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. 64.272 Cr | Rs. 89.13 Cr | Rs. 103.995 Cr | + 16.68 % | + 61.8 % |
Expenses | Rs. 64.74 Cr | Rs. 87.16 Cr | Rs. 101.81 Cr | + 16.81 % | + 57.26 % |
Operating Profit | Rs. -0.47 Cr | Rs. 1.97 Cr | Rs. 2.19 Cr | + 11.17 % | + 565.96 % |
OPM % | -0.73 % | 2.21 % | 2.11 % | -0.1 % | + 2.84 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0.02 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.1 Cr | Rs. 0.11 Cr | Rs. 0.13 Cr | + 18.18 % | + 30 % |
Profit before tax | Rs. -0.57 Cr | Rs. 1.84 Cr | Rs. 2.06 Cr | + 11.96 % | + 461.4 % |
Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -0.57 Cr | Rs. 1.84 Cr | Rs. 2.05 Cr | + 11.41 % | + 459.65 % |
EPS in Rs | Rs. -1.64 | Rs. 5.15 | Rs. 0.87 | -83.11 % | + 153.05 % |
Today, we’re looking at Mini Diamonds (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 61.8 %. However, it did see a marginal increase of 16.68 % from the previous quarter. Expenses ticked up slightly by 16.81 % quarter-on-quarter, aligning with the annual rise of 57.26 %. Operating profit, while up 565.96 % compared to last year, faced a quarter-on-quarter increase of 11.17 %, 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 2.84 %, but a shrinkage of -0.1 % sequentially. Depreciation costs climbed by 18.18 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 30 %. Profit before tax grew annually by 461.4 % but saw an increase from the preceding quarter by 11.96 %.
Net profit rose by 459.65 % year-on-year but experienced a 11.41 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 153.05 % but a quarterly fall of -83.11 %. In summary, Mini Diamonds (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. 64.272 Cr | Rs. 89.13 Cr | Rs. 103.995 Cr | + 16.68 % | + 61.8 % |
Expenses | Rs. 64.74 Cr | Rs. 87.16 Cr | Rs. 101.81 Cr | + 16.81 % | + 57.26 % |
Operating Profit | Rs. -0.47 Cr | Rs. 1.97 Cr | Rs. 2.19 Cr | + 11.17 % | + 565.96 % |
Net Profit | Rs. -0.57 Cr | Rs. 1.84 Cr | Rs. 2.05 Cr | + 11.41 % | + 459.65 % |
EPS in Rs | Rs. -1.64 | Rs. 5.15 | Rs. 0.87 | -83.11 % | + 153.05 % |
In reviewing Mini Diamonds (India) Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 61.8 % year-on-year growth, however, there was a minor increase of 16.68 % from the previous quarter. Expenses rose by 57.26 % compared to the previous year, with a 16.81 % increase quarter-on-quarter. Operating Profit surged by 565.96 % annually, and saw a 11.17 % increase from the last quarter.
Net Profit showed yearly increase of 459.65 %, and experienced a 11.41 % increase from the previous quarter. Earnings Per Share (EPS) rose by 153.05 % annually, however dipped by -83.11 % compared to the last quarter. In essence, while Mini Diamonds (India) 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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