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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- 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 66.67 %. Marginal increase in other income during this quarter, up by 266.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sarvamangal Mercantile Co. Ltd.,. Profit dropped by -21.83 % Year to Year, Sarvamangal Mercantile Co. Ltd.,’s profitability dropped by -61.46 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -21.44 % Year to Year. EPS decreased by -61.4 % 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 Cr | 0 % | 0 % |
| Expenses | Rs. 0.09 Cr | Rs. 0.33 Cr | Rs. 0.06 Cr | -81.82 % | -33.33 % |
| Operating Profit | Rs. -0.09 Cr | Rs. -0.33 Cr | Rs. -0.06 Cr | + 81.82 % | + 33.33 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.024 Cr | Rs. -0.024 Cr | Rs. 0.04 Cr | + 266.67 % | + 66.67 % |
| Interest | Rs. 0.08 Cr | Rs. 0.08 Cr | Rs. 0.09 Cr | + 12.5 % | + 12.5 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.15 Cr | Rs. -0.43 Cr | Rs. -0.11 Cr | + 74.42 % | + 26.67 % |
| Tax % | -0 % | -33.02 % | -0 % | + 33.02 % | 0 % |
| Net Profit | Rs. -0.14 Cr | Rs. -0.29 Cr | Rs. -0.11 Cr | + 62.07 % | + 21.43 % |
| EPS in Rs | Rs. -5.69 | Rs. -11.58 | Rs. -4.47 | + 61.4 % | + 21.44 % |
Today, we’re looking at Sarvamangal Mercantile Co. Ltd.,’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -81.82 % quarter-on-quarter, aligning with the annual decline of -33.33 %. Operating profit, while up 33.33 % compared to last year, faced a quarter-on-quarter increase of 81.82 %, signaling a short-term expansion in margins.
Other income rose by 266.67 % compared to the last quarter, despite an annual growth of 66.67 %. Interest expenses surged remarkably by 12.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.5 %. Profit before tax grew annually by 26.67 % but saw an increase from the preceding quarter by 74.42 %.
with a more notable quarter-on-quarter increase of 33.02 %. Net profit rose by 21.43 % year-on-year but experienced a 62.07 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.44 % but a quarterly rise of 61.4 %. In summary, Sarvamangal Mercantile Co. 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.09 Cr | Rs. 0.33 Cr | Rs. 0.06 Cr | -81.82 % | -33.33 % |
| Operating Profit | Rs. -0.09 Cr | Rs. -0.33 Cr | Rs. -0.06 Cr | + 81.82 % | + 33.33 % |
| Net Profit | Rs. -0.14 Cr | Rs. -0.29 Cr | Rs. -0.11 Cr | + 62.07 % | + 21.43 % |
| EPS in Rs | Rs. -5.69 | Rs. -11.58 | Rs. -4.47 | + 61.4 % | + 21.44 % |
In reviewing Sarvamangal Mercantile Co. Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -33.33 % compared to the previous year, with a decrease of -81.82 % quarter-on-quarter. Operating Profit surged by 33.33 % annually, and saw a 81.82 % increase from the last quarter.
Net Profit showed yearly increase of 21.43 %, and experienced a 62.07 % increase from the previous quarter. Earnings Per Share (EPS) rose by 21.44 % annually, however rose by 61.4 % compared to the last quarter. In essence, while Sarvamangal Mercantile Co. 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.
