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Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter:
- Profit over the Year and quarter: Significant improvement in profitability for Mystic Electronics Limited. Notable increase of 233.81 % in net profit Year to Year, Mystic Electronics Limited’s profitability dropped by -2685.71 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 228.00 % Year to Year. EPS decreased by -2833.33 % 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 Cr | Rs. 0 Cr | Rs. 0.213 Cr | 0 % | 0 % |
Expenses | Rs. 0.27 Cr | Rs. 0.05 Cr | Rs. 0.04 Cr | -20 % | -85.19 % |
Operating Profit | Rs. -0.27 Cr | Rs. -0.05 Cr | Rs. 0.17 Cr | + 440 % | + 162.96 % |
OPM % | 0 % | 0 % | 79.81 % | + 79.81 % | + 79.81 % |
Other Income | Rs. 3.93 Cr | Rs. 0.11 Cr | Rs. -0 Cr | 0 % | 0 % |
Interest | Rs. 0 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. 3.66 Cr | Rs. 0.06 Cr | Rs. 0.17 Cr | + 183.33 % | -95.36 % |
Tax % | -0 % | 0 % | -0.93 % | -0.93 % | -0.93 % |
Net Profit | Rs. -0.49 Cr | Rs. 0.06 Cr | Rs. -1.63 Cr | -2816.67 % | -232.65 % |
EPS in Rs | Rs. -0.25 | Rs. 0.03 | Rs. -0.82 | -2833.33 % | -228 % |
Today, we’re looking at Mystic Electronics Limited’s financial performance for the Q4(Mar 2024).Expenses decreased slightly by -20 % quarter-on-quarter, aligning with the annual decline of -85.19 %. Operating profit, while up 162.96 % compared to last year, faced a quarter-on-quarter increase of 440 %, 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 79.81 %, but an expansion of 79.81 % sequentially. Profit before tax declined annually by -95.36 % but saw an increase from the preceding quarter by 183.33 %.
Tax expenses as a percentage of profits decreased slightly by -0.93 % compared to last year, with a more notable quarter-on-quarter decrease of -0.93 %. Net profit fell by -232.65 % year-on-year but witnessed a -2816.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -228 % but a quarterly fall of -2833.33 %. In summary, Mystic Electronics 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. 0 Cr | Rs. 0 Cr | Rs. 0.213 Cr | 0 % | 0 % |
Expenses | Rs. 0.27 Cr | Rs. 0.05 Cr | Rs. 0.04 Cr | -20 % | -85.19 % |
Operating Profit | Rs. -0.27 Cr | Rs. -0.05 Cr | Rs. 0.17 Cr | + 440 % | + 162.96 % |
Net Profit | Rs. -0.49 Cr | Rs. 0.06 Cr | Rs. -1.63 Cr | -2816.67 % | -232.65 % |
EPS in Rs | Rs. -0.25 | Rs. 0.03 | Rs. -0.82 | -2833.33 % | -228 % |
In reviewing Mystic Electronics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -85.19 % compared to the previous year, with a decrease of -20 % quarter-on-quarter. Operating Profit surged by 162.96 % annually, and saw a 440 % increase from the last quarter.
Net Profit showed yearly decrease of -232.65 %, and experienced a -2816.67 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -228 % annually, however dipped by -2833.33 % compared to the last quarter. In essence, while Mystic Electronics Limited faces strong annual decline 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.