MCLEOD RUSSEL Announces Quarterly Results (1QFY19); Net Profit Down 191.0%

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?  

MCLEOD RUSSEL Announces Quarterly Results (1QFY19); Net Profit Down 191.0%
Mon, 13 Aug

MCLEOD RUSSEL has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

MCLEOD RUSSEL Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m1,9343,7792,230-41.0%15.3%
Other incomeRs m3811,525469-69.2%23.2%
TurnoverRs m2,3155,3042,699-49.1%16.6%
ExpensesRs m1,8316,4582,486-61.5%35.7%
Gross profitRs m103-2,679-256-348.4%
DepreciationRs m206213196-8.2%-4.9%
InterestRs m3014930-100.0%-100.0%
Profit before taxRs m-22-1,86018
TaxRs m-6-4393
Profit after taxRs m-17-1,42115
Gross profit margin%5.3-70.9-11.5
Effective tax rate%25.923.615.2
Net profit margin%-0.7-26.80.6
* 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 grew 15.3% on a year-on-year (YoY) basis. The expenses were up by 35.7% YoY during the same period.
  • The company's operating profit declined by 348.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.5% in 1QFY19 as against 5.3% in 1QFY18.
  • Depreciation charges and finance costs declined by 4.9% YoY and 100.0% YoY, respectively.
  • Other income increased by 23.2% YoY during the quarter.
  • Net profit for the quarter declined by 191.0% YoY. Net profit margins during the quarter increased from -0.7% in 1QFY18 to 0.6% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 41.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 61.5% QoQ during the same period.
  • The company's operating profit increased by 90.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 11.5% in 1QFY19 as against 70.9% in 4QFY18.
  • Net profit for the quarter declined by 101.1% QoQ, while net profit margins increased from -26.8% in 4QFY18 to 0.6% in 1QFY19.

To see how MCLEOD RUSSEL has performed over the last eight quarters, please visit here.

MCLEOD RUSSEL Share Price Performance

Over the last one year, MCLEOD RUSSEL share price has moved up from Rs 169.7 to Rs 127.5, registering a Loss of Rs 42.2 or around 24.9%.

Overall, the S&P BSE SENSEX is up 19.5% over the year.

Current Valuations

At the current price of Rs 127.5, the price to earnings (P/E) ratio of MCLEOD RUSSEL stands at 19.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.7 times.

Equitymaster requests your view! Post a comment on "MCLEOD RUSSEL Announces Quarterly Results (1QFY19); Net Profit Down 191.0%". Click here!

  

Related Views on News

MCLEOD RUSSEL Announces Quarterly Results (3QFY19); Net Profit Down 20.6% (Quarterly Result Update)

Feb 18, 2019 | Updated on Feb 18, 2019

For the quarter ended December 2018, MCLEOD RUSSEL has posted a net profit of Rs 536 m (down 20.6% YoY). Sales on the other hand came in at Rs 5 bn (down 16.4% YoY). Read on for a complete analysis of MCLEOD RUSSEL's quarterly results.

MCLEOD RUSSEL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

MCLEOD RUSSEL Announces Quarterly Results (2QFY19); Net Profit Up 80.4% (Quarterly Result Update)

Nov 19, 2018 | Updated on Nov 19, 2018

For the quarter ended September 2018, MCLEOD RUSSEL has posted a net profit of Rs 3 bn (up 80.4% YoY). Sales on the other hand came in at Rs 4 bn (down 4.8% YoY). Read on for a complete analysis of MCLEOD RUSSEL's quarterly results.

More Views on News

Most Popular

How to Find the Best Stocks for Day Trading - 1(Fast Profits Daily)

Jul 2, 2020

In the first of two videos, I'll show you how to identify the best stocks for intraday trading.

Two Agri Stocks Are Likely to Outperform Even in this Market(Profit Hunter)

Jul 2, 2020

Why we have recommended two agriculture stocks for our Hidden Treasure subscribers. Read on...

A Warning for Traders: Don't Get Addicted to Hopium(Fast Profits Daily)

Jun 30, 2020

If you are a trader, you must watch out for this dangerous addiction.

Smallcaps Are in a Sweet Spot Again: Are You Buying?(Profit Hunter)

Jul 3, 2020

This is why I believe smallcaps are the place to be in the near future.

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MCLEOD RUSSEL SHARE PRICE


Jul 9, 2020 03:35 PM

TRACK MCLEOD RUSSEL

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

MCLEOD RUSSEL 8-QTR ANALYSIS

COMPARE MCLEOD RUSSEL WITH

MARKET STATS