Mangalam Industrial Finance Q4 Results Live : loss falls by 98.25% YOY
Mangalam Industrial Finance Q4 Results Live : Revenue increased by 37.13% YoY & loss decreased by 98.25% YoY
Mangalam Industrial Finance Q4 Results Live : Mangalam Industrial Finance announced their Q4 results on 29 May, 2024, showcasing a remarkable performance. The company's revenue witnessed a significant growth of 37.13% Year-on-Year (YoY), reflecting strong business operations.
Moreover, Mangalam Industrial Finance successfully managed to reduce its loss by a striking 98.25% YoY, indicating effective cost management strategies and improved financial health.
However, when compared to the previous quarter, the company experienced a decline in revenue by 43.12% and an increase in loss by 160.25%, showcasing some seasonal variations in performance.
The Selling, General & Administrative (SG&A) expenses of Mangalam Industrial Finance saw a notable rise by 32.72% quarter-on-quarter (QoQ) and 15.56% YoY, which might have impacted the overall profitability.
Furthermore, the operating income of the company witnessed a decline of 201.66% QoQ, but a significant increase of 94.22% YoY, highlighting a mixed operational performance during the quarter.
The Earnings Per Share (EPS) for Q4 stood at ₹-0, showing a positive growth of 97.01% YoY, which could be a result of improved bottom-line performance and enhanced shareholder value.
In terms of market performance, Mangalam Industrial Finance delivered a -3.06% return in the last week, while showcasing strong returns of 37.62% in the last 6 months and 2.97% Year-to-Date (YTD), indicating investor confidence and market stability.
As of now, Mangalam Industrial Finance holds a market capitalization of ₹447.24 Cr with a 52-week high/low of ₹6.97 & ₹2.38 respectively, reflecting the company's market positioning and price fluctuation over the past year.
Mangalam Industrial Finance Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 0.5 | 0.87 | -43.12% | 0.36 | +37.13% |
| Selling/ General/ Admin Expenses Total | 0.17 | 0.13 | +32.72% | 0.15 | +15.56% |
| Depreciation/ Amortization | 0.01 | 0.01 | +32.91% | 0.01 | +15.54% |
| Total Operating Expense | 0.78 | 0.6 | +30.73% | 5.24 | -85.14% |
| Operating Income | -0.28 | 0.28 | -201.66% | -4.88 | +94.22% |
| Net Income Before Taxes | -0.28 | 0.28 | -201.51% | -4.87 | +94.22% |
| Net Income | -0.09 | 0.14 | -160.25% | -4.9 | +98.25% |
| Diluted Normalized EPS | -0 | 0 | -245.45% | -0.09 | +97.01% |
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