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Varun Mercantile announced Financial Results Q1 2024-25

September 2, 2024September 2, 2024| adminadmin| 0 Comments| 3:00 pm
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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 20 %. Marginal increase in other income during this quarter, up by 0%.
  • Profit over the Year and quarter: Significant improvement in profitability for Varun Mercantile Ltd.,. Notable increase of 40 % in net profit Year to Year, Varun Mercantile Ltd.,’s profitability dropped by -17.65 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 40.00 % Year to Year. EPS decreased by -17.65 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Varun Mercantile 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. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.04 Cr Rs. 0.03 Cr Rs. 0.04 Cr + 33.33 % + 0 %
Operating Profit Rs. -0.04 Cr Rs. -0.03 Cr Rs. -0.04 Cr -33.33 % + 0 %
OPM % 0 % 0 % 0 % 0 % 0 %
Other Income Rs. 0.075 Cr Rs. 0.09 Cr Rs. 0.09 Cr + 0 % + 20 %
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. 0.04 Cr Rs. 0.06 Cr Rs. 0.05 Cr -16.67 % + 25 %
Tax % 50 % 40.35 % 46 % + 5.65 % -4 %
Net Profit Rs. 0.02 Cr Rs. 0.03 Cr Rs. 0.03 Cr + 0 % + 50 %
EPS in Rs Rs. 0.1 Rs. 0.17 Rs. 0.14 -17.65 % + 40 %


Today, we’re looking at Varun Mercantile Ltd.,’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 33.33 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -33.33 %, signaling a short-term contraction in margins.
Other income rose by 0 % compared to the last quarter, despite an annual growth of 20 %. Profit before tax grew annually by 25 % but saw a reduction from the preceding quarter by -16.67 %.
Tax expenses as a percentage of profits decreased slightly by -4 % compared to last year, with a more notable quarter-on-quarter increase of 5.65 %. Net profit rose by 50 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 40 % but a quarterly fall of -17.65 %. In summary, Varun Mercantile 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. 0.04 Cr Rs. 0.03 Cr Rs. 0.04 Cr + 33.33 % + 0 %
Operating Profit Rs. -0.04 Cr Rs. -0.03 Cr Rs. -0.04 Cr -33.33 % + 0 %
Net Profit Rs. 0.02 Cr Rs. 0.03 Cr Rs. 0.03 Cr + 0 % + 50 %
EPS in Rs Rs. 0.1 Rs. 0.17 Rs. 0.14 -17.65 % + 40 %


In reviewing Varun Mercantile Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a 33.33 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -33.33 % decrease from the last quarter.
Net Profit showed yearly increase of 50 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) rose by 40 % annually, however dipped by -17.65 % compared to the last quarter. In essence, while Varun Mercantile Ltd., exhibits strong annual growth 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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