Share the post "Varun Mercantile ‘s Q2 Update: Profit Grows by 100% YoY"
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 21.52 %. Marginal increase in other income during this quarter, up by 6.67%.
- Profit over the Year and quarter: Significant improvement in profitability for Varun Mercantile Ltd.,. Notable increase of 80 % in net profit Year to Year, Varun Mercantile Ltd.,’s profitability increased by 28.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 80.00 % Year to Year. EPS increased by 28.57 % in previous quarter. Positive impact on shareholders.
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. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.04 Cr | Rs. -0.04 Cr | + 0 % | + 0 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.079 Cr | Rs. 0.09 Cr | Rs. 0.096 Cr | + 6.67 % | + 21.52 % |
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. 0.05 Cr | Rs. 0.06 Cr | + 20 % | + 50 % |
Tax % | 50 % | 46 % | 40 % | -6 % | -10 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.04 Cr | + 33.33 % | + 100 % |
EPS in Rs | Rs. 0.1 | Rs. 0.14 | Rs. 0.18 | + 28.57 % | + 80 % |
Today, we’re looking at Varun Mercantile Ltd.,’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 0 %, signaling a short-term expansion in margins.
Other income rose by 6.67 % compared to the last quarter, despite an annual growth of 21.52 %. Profit before tax grew annually by 50 % but saw an increase from the preceding quarter by 20 %.
Tax expenses as a percentage of profits decreased slightly by -10 % compared to last year, with a more notable quarter-on-quarter decrease of -6 %. Net profit rose by 100 % year-on-year but experienced a 33.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 80 % but a quarterly rise of 28.57 %. 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. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.04 Cr | Rs. -0.04 Cr | + 0 % | + 0 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.04 Cr | + 33.33 % | + 100 % |
EPS in Rs | Rs. 0.1 | Rs. 0.14 | Rs. 0.18 | + 28.57 % | + 80 % |
In reviewing Varun Mercantile Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly increase of 100 %, and experienced a 33.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 80 % annually, however rose by 28.57 % compared to the last quarter. In essence, while Varun Mercantile 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.
[my_shortcode1 values=”Varun Mercantile Ltd.,”]