Mangalam Global Enterprise Ltd's Q3FY25 Quarterly Results

Result Summary

• Mangalam Global Enterprise Ltd reported a 10.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 5.2%.
• Its expenses for the quarter were down by 10.5% QoQ and 6.4% YoY.
• The net profit increased 13.6% QoQ and increased 118.3% YoY.
• The earnings per share (EPS) of Mangalam Global Enterprise Ltd stood at 0.4 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mangalam Global Enterprise Ltd is a company involved in various business segments, including manufacturing and trading. The company is known for its products related to the agro-based industry, such as edible oils, oilseeds, and related derivatives. It operates in the fast-moving consumer goods (FMCG) sector, focusing on both domestic and international markets. As of the latest updates available, there are no significant recent developments noted within the company. This overview provides a basic understanding of the company's operational focus and the sector in which it competes.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Mangalam Global Enterprise Ltd reported a total income of ₹508.55 crores. This represents a decline of 10.3% compared to the previous quarter (Q2FY25), where the total income was ₹567.00 crores. On a year-over-year basis, the revenue decreased by 5.2% from ₹536.55 crores in Q3FY24. These changes indicate a downward trend in revenue both quarter-over-quarter and year-over-year, reflecting adjustments in market dynamics or operational factors impacting the revenue stream.

Profitability

For the profitability metrics, the Profit Before Tax (PBT) for Q3FY25 was noted at ₹8.65 crores, marking an increase of 15.5% from the preceding quarter (Q2FY25), where the PBT was ₹7.49 crores. Compared to the same quarter in the previous year (Q3FY24), the PBT rose significantly by 149.3% from ₹3.47 crores. The Profit After Tax (PAT) also increased, registering at ₹6.33 crores in Q3FY25, which is 13.6% higher than Q2FY25 and 118.3% higher than Q3FY24's ₹2.90 crores. The Earnings Per Share (EPS) for Q3FY25 was ₹0.40, reflecting an increase of 33.3% from Q2FY25 and doubling from Q3FY24's EPS of ₹0.20. These figures demonstrate notable improvements in profitability metrics over both periods despite the decline in revenue.

Operating Metrics

The total expenses for Mangalam Global Enterprise Ltd in Q3FY25 amounted to ₹499.10 crores, which is a decrease of 10.5% from the previous quarter's expenses of ₹557.42 crores. This reduction in expenses also reflects a year-over-year decline of 6.4% compared to ₹533.08 crores in Q3FY24. The tax expenses for Q3FY25 were ₹2.31 crores, which increased by 20.3% from Q2FY25's ₹1.92 crores and saw a substantial year-over-year increase of 305.3% from ₹0.57 crores in Q3FY24. These operating metrics underscore the company's efforts in controlling expenses amidst fluctuating revenue and achieving increased profitability. The consistent increase in tax expenses reflects the growth in profitability before tax.