MERCK LTD Announces Quarterly Results (3QFY19); Net Profit Up 31.3%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

MERCK LTD Announces Quarterly Results (3QFY19); Net Profit Up 31.3%
Tue, 5 Mar

MERCK LTD has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

MERCK LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m3,0412,2612,044-9.6%-32.8%
Other incomeRs m54617218.2%32.9%
TurnoverRs m3,0952,3222,116-8.9%-31.6%
ExpensesRs m2,7341,6801,89012.6%-30.9%
Gross profitRs m307582153-73.6%-50.1%
DepreciationRs m7143467.1%-34.5%
InterestRs m0000.0%0.0%
Profit before taxRs m291599179-70.2%-38.4%
TaxRs m18818844-76.6%-76.5%
Profit after taxRs m103411135-67.2%31.3%
Gross profit margin%10.125.77.5
Effective tax rate%64.631.424.6
Net profit margin%3.317.76.4
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 32.8% on a year-on-year (YoY) basis. The expenses were down by 30.9% YoY during the same period.
  • The company's operating profit declined by 50.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.5% in 3QFY19 as against 10.1% in 3QFY18.
  • Depreciation charges declined by 34.5% and finance costs increased by 0.0% YoY, respectively.
  • Other income increased by 32.9% YoY during the quarter.
  • Net profit for the quarter increased by 31.3% YoY. Net profit margins during the quarter increased from 3.3% in 3QFY18 to 6.4% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 9.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 12.6% QoQ during the same period.
  • The company's operating profit declined by 73.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 7.5% in 3QFY19 as against 25.7% in 2QFY18.
  • Net profit for the quarter declined by 67.2% QoQ, while net profit margins declined from 17.7% in 2QFY18 to 6.4% in 3QFY19.

To see how MERCK LTD has performed over the last eight quarters, please visit here.

MERCK LTD Share Price Performance

Over the last one year, MERCK LTD share price has moved up from Rs 1,519.2 to Rs 3,339.0, registering a Gain of Rs 1,819.8 or around 119.8%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 13,948.9 (up 0.4%). Over the last one year it has moved up from 13,948.1 to 13,948.9, a gain of 1 points (up 0.0%).

Overall, the S&P BSE SENSEX is up 6.1% over the year.

Current Valuations

At the current price of Rs 3,339.0, the price to earnings (P/E) ratio of MERCK LTD stands at 50.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 7.6 times.

Equitymaster requests your view! Post a comment on "MERCK LTD Announces Quarterly Results (3QFY19); Net Profit Up 31.3%". Click here!

  

Related Views on News

PROCTER & GAMBLE HEALTH Announces Quarterly Results (2QFY20); Net Profit Down 13.0% (Quarterly Result Update)

Nov 14, 2019 | Updated on Nov 14, 2019

For the quarter ended September 2019, PROCTER & GAMBLE HEALTH has posted a net profit of Rs 358 m (down 13.0% YoY). Sales on the other hand came in at Rs 2 bn (down 0.4% YoY). Read on for a complete analysis of PROCTER & GAMBLE HEALTH's quarterly results.

PROCTER & GAMBLE HEALTH Announces Quarterly Results (1QFY20); Net Profit Up 34.3% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, PROCTER & GAMBLE HEALTH has posted a net profit of Rs 441 m (up 34.3% YoY). Sales on the other hand came in at Rs 2 bn (up 6.1% YoY). Read on for a complete analysis of PROCTER & GAMBLE HEALTH's quarterly results.

PROCTER & GAMBLE HEALTH 2017-18 Annual Report Analysis (Annual Result Update)

Aug 8, 2019 | Updated on Aug 8, 2019

Here's an analysis of the annual report of PROCTER & GAMBLE HEALTH for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of PROCTER & GAMBLE HEALTH. Also includes updates on the valuation of PROCTER & GAMBLE HEALTH.

Aster DM Healthcare (IPO)

Feb 10, 2018

Should you subscribe to the IPO of Aster DM Healthcare Ltd?

More Views on News

Most Popular

Use My Secret to Increase Your Trading Profits Today

Dec 10, 2019

What to do after every trade.

A Simple, 7-Step Checklist for Your Trading Success

Dec 4, 2019

What we can learn from one of the greatest traders to have ever lived.

Blue Chips Are Passe. Get into these Stocks for Outstanding Gains in 2020(Profit Hunter)

Dec 5, 2019

This corner of the market could provide more returns than blue chips in 2020.

Make the Most of the Smallcap Rebound with These Stocks(Profit Hunter)

Dec 3, 2019

Even amid a gloomy economic scenario, there are smallcaps that have grown earnings over last one and a half year and I believe these could be the strongest candidates for a smallcap rebound.

What Is the IPO Euphoria Signaling Us About the Markets?(The 5 Minute Wrapup)

Dec 2, 2019

2019 will be remembered as the year of great money-making IPOs...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

PROCTER & GAMBLE HEALTH SHARE PRICE


Dec 13, 2019 (Close)

TRACK PROCTER & GAMBLE HEALTH

  • Track your investment in PROCTER & GAMBLE HEALTH with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON PROCTER & GAMBLE HEALTH

PROCTER & GAMBLE HEALTH 8-QTR ANALYSIS

COMPARE PROCTER & GAMBLE HEALTH WITH

MARKET STATS