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Varun Mercantile ‘s Q2 Update: Profit Grows by 100% YoY

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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 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.

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. 0.04 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.

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