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Share the post "Miven Machine Tools announces Q2 results: Profit Rises by 60.53% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for Miven Machine Tools Ltd.. Profit dropped by -60.42 % Year to Year, Miven Machine Tools Ltd.’s profitability dropped by -3.8 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -60.16 % Year to Year. EPS decreased by -1.92 % 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. 0.541 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.9 Cr | Rs. 0.16 Cr | Rs. 0.2 Cr | + 25 % | -77.78 % |
| Operating Profit | Rs. -0.36 Cr | Rs. -0.16 Cr | Rs. -0.2 Cr | -25 % | + 44.44 % |
| OPM % | -66.54 % | 0 % | 0 % | 0 % | + 66.54 % |
| Other Income | Rs. 0.007 Cr | Rs. 0 Cr | Rs. 0.051 Cr | 0 % | + 628.57 % |
| Interest | Rs. 0.03 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. -0.38 Cr | Rs. -0.16 Cr | Rs. -0.15 Cr | + 6.25 % | + 60.53 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -0.38 Cr | Rs. -0.16 Cr | Rs. -0.15 Cr | + 6.25 % | + 60.53 % |
| EPS in Rs | Rs. -1.28 | Rs. -0.52 | Rs. -0.51 | + 1.92 % | + 60.16 % |
Today, we’re looking at Miven Machine Tools Ltd.’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 25 % quarter-on-quarter, aligning with the annual decline of -77.78 %. Operating profit, while up 44.44 % compared to last year, faced a quarter-on-quarter dip of -25 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 66.54 %, despite an annual growth of 628.57 %. Profit before tax grew annually by 60.53 % but saw an increase from the preceding quarter by 6.25 %.
Net profit rose by 60.53 % year-on-year but experienced a 6.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 60.16 % but a quarterly rise of 1.92 %. In summary, Miven Machine Tools 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. 0.541 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.9 Cr | Rs. 0.16 Cr | Rs. 0.2 Cr | + 25 % | -77.78 % |
| Operating Profit | Rs. -0.36 Cr | Rs. -0.16 Cr | Rs. -0.2 Cr | -25 % | + 44.44 % |
| Net Profit | Rs. -0.38 Cr | Rs. -0.16 Cr | Rs. -0.15 Cr | + 6.25 % | + 60.53 % |
| EPS in Rs | Rs. -1.28 | Rs. -0.52 | Rs. -0.51 | + 1.92 % | + 60.16 % |
In reviewing Miven Machine Tools Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -77.78 % compared to the previous year, with a 25 % increase quarter-on-quarter. Operating Profit surged by 44.44 % annually, and saw a -25 % decrease from the last quarter.
Net Profit showed yearly increase of 60.53 %, and experienced a 6.25 % increase from the previous quarter. Earnings Per Share (EPS) rose by 60.16 % annually, however rose by 1.92 % compared to the last quarter. In essence, while Miven Machine Tools 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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