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Mysore Petro Chemicals ‘s Q2 Financial results: Revenue Grows by 124.25% YoY

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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 experienced a substantial growth of 124.25 % in the past year, substantial increase in net sales/revenue by 14.33 %.
  • 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 7.53 %. Marginal decrease of -77.94% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Mysore Petro Chemicals Ltd.,. Profit dropped by -258.42 % Year to Year, Mysore Petro Chemicals Ltd.,’s profitability dropped by -142.04 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -207.93 % Year to Year. EPS decreased by -126.4 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Mysore Petro Chemicals Ltd.,‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 7.081 Cr Rs. 13.889 Cr Rs. 15.879 Cr + 14.33 % + 124.25 %
Expenses Rs. 7.78 Cr Rs. 18.44 Cr Rs. 23.49 Cr + 27.39 % + 201.93 %
Operating Profit Rs. -0.7 Cr Rs. -4.55 Cr Rs. -7.61 Cr -67.25 % -987.14 %
OPM % -9.89 % -32.76 % -47.92 % -15.16 % -38.03 %
Other Income Rs. 3.067 Cr Rs. 14.951 Cr Rs. 3.298 Cr -77.94 % + 7.53 %
Interest Rs. 0.01 Cr Rs. 0.4 Cr Rs. 0.49 Cr + 22.5 % + 4800 %
Depreciation Rs. 0.11 Cr Rs. 1 Cr Rs. 1.05 Cr + 5 % + 854.55 %
Profit before tax Rs. 2.25 Cr Rs. 9 Cr Rs. -5.85 Cr -165 % -360 %
Tax % 3.29 % 54.25 % -22.13 % -76.38 % -25.42 %
Net Profit Rs. 2.32 Cr Rs. 8.75 Cr Rs. -3.68 Cr -142.06 % -258.62 %
EPS in Rs Rs. 3.53 Rs. 14.43 Rs. -3.81 -126.4 % -207.93 %


Today, we’re looking at Mysore Petro Chemicals 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 124.25 %. However, it did see a marginal increase of 14.33 % from the previous quarter. Expenses ticked up slightly by 27.39 % quarter-on-quarter, aligning with the annual rise of 201.93 %. Operating profit, while down -987.14 % compared to last year, faced a quarter-on-quarter dip of -67.25 %, 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 -38.03 %, but a shrinkage of -15.16 % sequentially. Other income fell by -77.94 % compared to the last quarter, despite an annual growth of 7.53 %. Interest expenses surged remarkably by 22.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 4800 %. Depreciation costs climbed by 5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 854.55 %. Profit before tax declined annually by -360 % but saw a reduction from the preceding quarter by -165 %.
Tax expenses as a percentage of profits decreased slightly by -25.42 % compared to last year, with a more notable quarter-on-quarter decrease of -76.38 %. Net profit fell by -258.62 % year-on-year but witnessed a -142.06 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -207.93 % but a quarterly fall of -126.4 %. In summary, Mysore Petro Chemicals 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. 7.081 Cr Rs. 13.889 Cr Rs. 15.879 Cr + 14.33 % + 124.25 %
Expenses Rs. 7.78 Cr Rs. 18.44 Cr Rs. 23.49 Cr + 27.39 % + 201.93 %
Operating Profit Rs. -0.7 Cr Rs. -4.55 Cr Rs. -7.61 Cr -67.25 % -987.14 %
Net Profit Rs. 2.32 Cr Rs. 8.75 Cr Rs. -3.68 Cr -142.06 % -258.62 %
EPS in Rs Rs. 3.53 Rs. 14.43 Rs. -3.81 -126.4 % -207.93 %


In reviewing Mysore Petro Chemicals Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 124.25 % year-on-year growth, however, there was a minor increase of 14.33 % from the previous quarter. Expenses rose by 201.93 % compared to the previous year, with a 27.39 % increase quarter-on-quarter. Operating Profit dropped by -987.14 % annually, and saw a -67.25 % decrease from the last quarter.
Net Profit showed yearly decrease of -258.62 %, and experienced a -142.06 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -207.93 % annually, however dipped by -126.4 % compared to the last quarter. In essence, while Mysore Petro Chemicals Ltd., 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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