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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -100.74 % over the year, substantial increase in net sales/revenue by 140 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 59.72 %. Marginal decrease of -24.68% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for MMTC Ltd.,. Profit dropped by -7.68 % Year to Year, MMTC Ltd.,’s profitability increased by 46.99 % in this quarter.
- EPS over the Year and quarter: EPS declined by -8.57 % Year to Year. EPS increased by 45.45 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. -210.501 Cr | Rs. 0.65 Cr | Rs. 1.56 Cr | + 140 % | + 100.74 % |
Expenses | Rs. 176.36 Cr | Rs. 51.27 Cr | Rs. 31.8 Cr | -37.98 % | -81.97 % |
Operating Profit | Rs. -386.86 Cr | Rs. -50.62 Cr | Rs. -30.24 Cr | + 40.26 % | + 92.18 % |
OPM % | 183.78 % | -7787.69 % | -1938.46 % | + 5849.23 % | -2122.24 % |
Other Income | Rs. 44.309 Cr | Rs. 93.96 Cr | Rs. 70.77 Cr | -24.68 % | + 59.72 % |
Interest | Rs. 1.07 Cr | Rs. 0.1 Cr | Rs. 0.12 Cr | + 20 % | -88.79 % |
Depreciation | Rs. 0.82 Cr | Rs. 1.01 Cr | Rs. 1.01 Cr | + 0 % | + 23.17 % |
Profit before tax | Rs. -344.44 Cr | Rs. 42.23 Cr | Rs. 39.4 Cr | -6.7 % | + 111.44 % |
Tax % | 12.19 % | 25.15 % | 3.15 % | -22 % | -9.04 % |
Net Profit | Rs. 52.05 Cr | Rs. 32.69 Cr | Rs. 48.05 Cr | + 46.99 % | -7.68 % |
EPS in Rs | Rs. 0.35 | Rs. 0.22 | Rs. 0.32 | + 45.45 % | -8.57 % |
Today, we’re looking at MMTC 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 100.74 %. However, it did see a marginal increase of 140 % from the previous quarter. Expenses decreased slightly by -37.98 % quarter-on-quarter, aligning with the annual decline of -81.97 %. Operating profit, while up 92.18 % compared to last year, faced a quarter-on-quarter increase of 40.26 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2122.24 %, but an expansion of 5849.23 % sequentially. Other income fell by -24.68 % compared to the last quarter, despite an annual growth of 59.72 %. Interest expenses surged remarkably by 20 % from the previous quarter, yet the year-over-year decrease remains at a moderate -88.79 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.17 %. Profit before tax grew annually by 111.44 % but saw a reduction from the preceding quarter by -6.7 %.
Tax expenses as a percentage of profits decreased slightly by -9.04 % compared to last year, with a more notable quarter-on-quarter decrease of -22 %. Net profit fell by -7.68 % year-on-year but experienced a 46.99 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -8.57 % but a quarterly rise of 45.45 %. In summary, MMTC 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. -210.501 Cr | Rs. 0.65 Cr | Rs. 1.56 Cr | + 140 % | + 100.74 % |
Expenses | Rs. 176.36 Cr | Rs. 51.27 Cr | Rs. 31.8 Cr | -37.98 % | -81.97 % |
Operating Profit | Rs. -386.86 Cr | Rs. -50.62 Cr | Rs. -30.24 Cr | + 40.26 % | + 92.18 % |
Net Profit | Rs. 52.05 Cr | Rs. 32.69 Cr | Rs. 48.05 Cr | + 46.99 % | -7.68 % |
EPS in Rs | Rs. 0.35 | Rs. 0.22 | Rs. 0.32 | + 45.45 % | -8.57 % |
In reviewing MMTC Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 100.74 % year-on-year growth, however, there was a minor increase of 140 % from the previous quarter. Expenses decreased by -81.97 % compared to the previous year, with a decrease of -37.98 % quarter-on-quarter. Operating Profit surged by 92.18 % annually, and saw a 40.26 % increase from the last quarter.
Net Profit showed yearly decrease of -7.68 %, and experienced a 46.99 % increase from the previous quarter. Earnings Per Share (EPS) fell by -8.57 % annually, however rose by 45.45 % compared to the last quarter. In essence, while MMTC 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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