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Share the post "MRF ‘s Q3 2024-25 Latest News: Profit Decreases by 38.11% 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 13.6 % in the past year, substantial increase in net sales/revenue by 1.74 %. 🔹 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 26.36 %. Marginal decrease of -13.36% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for MRF Limited. Profit dropped by -38.11 % Year to Year, MRF Limited’s profitability dropped by -32.98 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -38.11 % Year to Year. EPS decreased by -32.98 % 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. 6162.46 Cr | Rs. 6881.09 Cr | Rs. 7000.82 Cr | + 1.74 % | + 13.6 % |
| Expenses | Rs. 5107.69 Cr | Rs. 5869.61 Cr | Rs. 6166.08 Cr | + 5.05 % | + 20.72 % |
| Operating Profit | Rs. 1054.77 Cr | Rs. 1011.48 Cr | Rs. 834.74 Cr | -17.47 % | -20.86 % |
| OPM % | 17.12 % | 14.7 % | 11.92 % | -2.78 % | -5.2 % |
| Other Income | Rs. 77.62 Cr | Rs. 113.21 Cr | Rs. 98.08 Cr | -13.36 % | + 26.36 % |
| Interest | Rs. 90 Cr | Rs. 83.78 Cr | Rs. 93.65 Cr | + 11.78 % | + 4.06 % |
| Depreciation | Rs. 359.98 Cr | Rs. 409.73 Cr | Rs. 414.99 Cr | + 1.28 % | + 15.28 % |
| Profit before tax | Rs. 682.41 Cr | Rs. 631.18 Cr | Rs. 424.18 Cr | -32.8 % | -37.84 % |
| Tax % | 25.31 % | 25.43 % | 25.63 % | + 0.2 % | + 0.32 % |
| Net Profit | Rs. 509.71 Cr | Rs. 470.7 Cr | Rs. 315.46 Cr | -32.98 % | -38.11 % |
| EPS in Rs | Rs. 1201.81 | Rs. 1109.85 | Rs. 743.8 | -32.98 % | -38.11 % |
Today, we’re looking at MRF Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 13.6 %. However, it did see a marginal increase of 1.74 % from the previous quarter. Expenses ticked up slightly by 5.05 % quarter-on-quarter, aligning with the annual rise of 20.72 %. Operating profit, while down -20.86 % compared to last year, faced a quarter-on-quarter dip of -17.47 %, 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 -5.2 %, but a shrinkage of -2.78 % sequentially. Other income fell by -13.36 % compared to the last quarter, despite an annual growth of 26.36 %. Interest expenses surged remarkably by 11.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.06 %. Depreciation costs climbed by 1.28 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.28 %. Profit before tax declined annually by -37.84 % but saw a reduction from the preceding quarter by -32.8 %.
Tax expenses as a percentage of profits increased slightly by 0.32 % compared to last year, with a more notable quarter-on-quarter increase of 0.2 %. Net profit fell by -38.11 % year-on-year but witnessed a -32.98 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -38.11 % but a quarterly fall of -32.98 %. In summary, MRF Limited’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. 6162.46 Cr | Rs. 6881.09 Cr | Rs. 7000.82 Cr | + 1.74 % | + 13.6 % |
| Expenses | Rs. 5107.69 Cr | Rs. 5869.61 Cr | Rs. 6166.08 Cr | + 5.05 % | + 20.72 % |
| Operating Profit | Rs. 1054.77 Cr | Rs. 1011.48 Cr | Rs. 834.74 Cr | -17.47 % | -20.86 % |
| Net Profit | Rs. 509.71 Cr | Rs. 470.7 Cr | Rs. 315.46 Cr | -32.98 % | -38.11 % |
| EPS in Rs | Rs. 1201.81 | Rs. 1109.85 | Rs. 743.8 | -32.98 % | -38.11 % |
In reviewing MRF Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.6 % year-on-year growth, however, there was a minor increase of 1.74 % from the previous quarter. Expenses rose by 20.72 % compared to the previous year, with a 5.05 % increase quarter-on-quarter. Operating Profit dropped by -20.86 % annually, and saw a -17.47 % decrease from the last quarter.
Net Profit showed yearly decrease of -38.11 %, and experienced a -32.98 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -38.11 % annually, however dipped by -32.98 % compared to the last quarter. In essence, while MRF Limited 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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