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Magnum Ventures profit increased 670.00% in (Q3) FY 2019-20

Source: 
Team Infinities:

Magnum Ventures Limited NSE Symbol:MAGNUM, BSE Security Code:532896 has declared its 3rd(third) quarter un-audited Standalone financial report from the month of October, 2019 to the month of December, 2019; for the fiscal year 2019-20.

Revenue Reported by Magnum Ventures Limited for Third Quarter FY, 2019-20
Current Quarter (October, 2019 - December, 2019) Previous Quarter (July, 2019 - September, 2019) Corresponding Quarter (October, 2018 - December, 2018) 9 Months Ended (April, 2019 - December, 2019) Corresponding 9 Months Ended (April, 2018 - December, 2018)
648.70 606.70 725.00 1891.60 2122.60
Calculated Revenue of Magnum Ventures Limited for Third Quarter FY, 2019-20
Current(December, 2019) VS Previous(September, 2019) Current(December, 2019) VS Corresponding(December, 2018) 9 months Ended(April, 2019 - December, 2019) VS Corresponding 9 months Ended(April, 2018 - December, 2018)
Change Change % Change Change % Change Change %
42.00 6.92%(Revenue Increase) 76.30 10.52%(Revenue Decrease) 231.00 10.88%(Revenue Decrease)

Revenue: Magnum Ventures Limited's financial report shows that the company's revenue increased by 6.92% in QoQ(Quarter on Quarter) / current quarter(October, 2019 - December, 2019) for revenue increase of Rs.42.00 millions, as the company posted revenue of Rs.648.70 millions; in compare to previous quarter(July, 2019 - September, 2019) when the company reported revenue of Rs.606.70 millions.
The result also shows that the company's revenue decreased by 10.52% in YoY(Year over Year) / in current quarter(October, 2019 - December, 2019) for revenue decrease of Rs.76.30 millions; in compare to corresponding quarter(October, 2018 - December, 2018) when the company posted revenue of Rs.725.00 millions.
The company also reported that its revenue decreased by 10.88% in 9 months end(April, 2019 - December, 2019) for revenue decrease of Rs.231.00 millions, since the company reported revenue of Rs.1891.60 millions; in compare to corresponding 9 months end(April, 2018 - December. 2018) when the company posted revenue of Rs.2122.60 millions.

Gross Margin(%) Reported by Magnum Ventures Limited for Third Quarter FY, 2019-20
Current Quarter (October, 2019 - December, 2019) Previous Quarter (July, 2019 - September, 2019) Corresponding Quarter (October, 2018 - December, 2018) 9 Months Ended (April, 2019 - December, 2019) Corresponding 9 Months Ended (April, 2018 - December, 2018)
43.46 49.01 25.26 39.43 24.17
Calculated Gross Margin(%) of Magnum Ventures Limited for Third Quarter FY, 2019-20
Current(December, 2019) VS Previous(September, 2019) Current(December, 2019) VS Corresponding(December, 2018) 9 months Ended(April, 2019 - December, 2019) VS Corresponding 9 months Ended(April, 2018 - December, 2018)
Change Change % Change Change % Change Change %
5.55 11.32%(GM Decrease) 18.20 72.05%(GM Increase) 15.26 63.12%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 11.32% in QoQ(Quarter on Quarter) / current quarter(October, 2019 - December, 2019) for 5.55% GM decrease, as the company reported 43.46% GM; in compare to previous quarter(July, 2019 - September, 2019) when the company reported 49.01% GM.
The result also indicates, the company's GM increased by 72.05% in YoY(Year over Year) / in current quarter(October, 2019 - December, 2019) for 18.20% GM increase; in compare to corresponding quarter(October, 2018 - December, 2018) when the company reported 25.26% GM.
The company also reported that its GM increased by 63.12% in 9 months end(April, 2019 - December, 2019) for 15.26% GM increase, since the company reported 39.43% GM; in compare to corresponding 9 months end(April, 2018 - December. 2018) when the company reported 24.17% GM.

EBITDA Reported by Magnum Ventures Limited for Third Quarter FY, 2019-20
Current Quarter (October, 2019 - December, 2019) Previous Quarter (July, 2019 - September, 2019) Corresponding Quarter (October, 2018 - December, 2018) 9 Months Ended (April, 2019 - December, 2019) Corresponding 9 Months Ended (April, 2018 - December, 2018)
48.10 41.10 47.20 109.00 132.60
Calculated EBITDA of Magnum Ventures Limited for Third Quarter FY, 2019-20
Current(December, 2019) VS Previous(September, 2019) Current(December, 2019) VS Corresponding(December, 2018) 9 months Ended(April, 2019 - December, 2019) VS Corresponding 9 months Ended(April, 2018 - December, 2018)
Change Change % Change Change % Change Change %
7.00 17.03%(EBITDA Increase) 0.90 1.91%(EBITDA Increase) 23.60 17.80%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 17.03% in QoQ(Quarter on Quarter) / current quarter(October, 2019 - December, 2019) for EBITDA increase of Rs.7.00 millions, as the company posted EBITDA of Rs.48.10 millions; in compare to previous quarter(July, 2019 - September, 2019) when the company reported EBITDA of Rs.41.10 millions.
The result also shows that the company's EBITDA increased by 1.91% in YoY(Year over Year) / in current quarter(October, 2019 - December, 2019) for EBITDA increase of Rs.0.90 million; in compare to corresponding quarter(October, 2018 - December, 2018) when the company posted EBITDA of Rs.47.20 millions.
The company also reported that its EBITDA decreased by 17.80% in 9 months end(April, 2019 - December, 2019) for EBITDA decrease of Rs.23.60 millions, since the company reported EBITDA of Rs.109.00 millions; in compare to corresponding 9 months end(April, 2018 - December. 2018) when the company posted EBITDA of Rs.132.60 millions.

Profit and Loss Reported by Magnum Ventures Limited for Third Quarter FY, 2019-20
Current Quarter (October, 2019 - December, 2019) Previous Quarter (July, 2019 - September, 2019) Corresponding Quarter (October, 2018 - December, 2018) 9 Months Ended (April, 2019 - December, 2019) Corresponding 9 Months Ended (April, 2018 - December, 2018)
7.70(Profit ) 1.00(Profit ) 7.90(Profit ) 10.70(Loss ) 17.40(Profit )
Calculated Profit and Loss of Magnum Ventures Limited for Third Quarter FY, 2019-20
Current(December, 2019) VS Previous(September, 2019) Current(December, 2019) VS Corresponding(December, 2018) 9 months Ended(April, 2019 - December, 2019) VS Corresponding 9 months Ended(April, 2018 - December, 2018)
Change Change % Change Change % Change Change %
6.70 670.00%(Profit Increase) 0.20 2.53%(Profit Decrease) 28.10 161.49%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 670.00% in QoQ(Quarter on Quarter) / current quarter(October, 2019 - December, 2019) for profit increase of Rs.6.70 millions, as the company posted profit of Rs.7.70 millions; in compare to previous quarter(July, 2019 - September, 2019) when the company reported profit of Rs.1.00 million.
The result also shows that the company's profit decreased by 2.53% in YoY(Year over Year) / in current quarter(October, 2019 - December, 2019) for profit decrease of Rs.0.20 million; in compare to corresponding quarter(October, 2018 - December, 2018) when the company posted profit of Rs.7.90 millions.
The company also reported that its loss increased by 161.49% in 9 months end(April, 2019 - December, 2019) for loss increase of Rs.28.10 millions, since the company reported loss of Rs.10.70 millions; in compare to corresponding 9 months end(April, 2018 - December. 2018) when the company posted profit of Rs.17.40 millions.

EPS Reported by Magnum Ventures Limited for Third Quarter FY, 2019-20
Current Quarter (October, 2019 - December, 2019) Previous Quarter (July, 2019 - September, 2019) Corresponding Quarter (October, 2018 - December, 2018) 9 Months Ended (April, 2019 - December, 2019) Corresponding 9 Months Ended (April, 2018 - December, 2018)
0.20 0.03 0.21 0.28(Negative) 0.46
Calculated EPS of Magnum Ventures Limited for Third Quarter FY, 2019-20
Current(December, 2019) VS Previous(September, 2019) Current(December, 2019) VS Corresponding(December, 2018) 9 months Ended(April, 2019 - December, 2019) VS Corresponding 9 months Ended(April, 2018 - December, 2018)
Change Change % Change Change % Change Change %
0.17 566.67%(EPS Increase) 0.01 4.76%(EPS Decrease) 0.74 160.87%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 566.67% in QoQ(Quarter on Quarter) / current quarter(October, 2019 - December, 2019) for EPS increase of Rs.0.17, as the company posted EPS of Rs.0.20; in compare to previous quarter(July, 2019 - September, 2019) when the company reported EPS of Rs.0.03.
The result also shows that the company's EPS decreased by 4.76% in YoY(Year over Year) / in current quarter(October, 2019 - December, 2019) for EPS decrease of Rs.0.01; in compare to corresponding quarter(October, 2018 - December, 2018) when the company posted EPS of Rs.0.21.
The company also reported that its EPS decreased by 160.87% in 9 months end(April, 2019 - December, 2019) for EPS decrease of Rs.0.74, since the company reported Negative EPS of Rs.0.28; in compare to corresponding 9 months end(April, 2018 - December. 2018) when the company posted EPS of Rs.0.46.

Assets Reported by Magnum Ventures Limited for Third Quarter FY, 2019-20
Details Non-current Assets Current Assets
Current Quarter(December, 2019) Corresponding Quarter(December, 2018) Current Quarter(December, 2019) Corresponding Quarter(December, 2018)
Reported 2045.90 2099.40 954.00 3246.00
  Change Change % Change Change %
Calculated 53.50 2.55%(Assets Decrease) 2292.00 70.61%(Assets Decrease)

Assets:The company reported its non-current assets decreased by 2.55% in current quarter(December, 2019) for non-current assets decrease of Rs.53.50 millions, since the company reported net non-current assets of Rs.2045.90 millions; in compare to corresponding quarter(December, 2018) when the company reported net non-current assets of Rs.2099.40 millions.
The balance sheet of the company also shows that, its current assets decreased by 70.61% in current quarter(December, 2019) for current assets decrease of Rs.2292.00 millions, as the company reported net current assets of Rs.954.00 millions; against corresponding quarter(December, 2018) when the company reported net current assets of Rs.3246.00 millions.

Liabilities Reported by Magnum Ventures Limited for Third Quarter FY, 2019-20
Details Non-current Liabilities Current Liabilities
Current Quarter(December, 2019) Corresponding Quarter(December, 2018) Current Quarter(December, 2019) Corresponding Quarter(December, 2018)
Reported 2873.50 2817.90 349.90 2716.70
  Change Change % Change Change %
Calculated 55.60 1.97%(Liabilities Increase) 2366.80 87.12%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities increased by 1.97% in current quarter(December, 2019) for non-current liabilities increase of Rs.55.60 millions, since the company reported net non-current liabilities of Rs.2873.50 millions; in compare to corresponding quarter(December, 2018) when the company reported net non-current liabilities of Rs.2817.90 millions.
The balance sheet of the company also shows that, its current liabilities decreased by 87.12% in current quarter(December, 2019) for current liabilities decrease of Rs.2366.80 millions, as the company reported net current liabilities of Rs.349.90 millions; against corresponding quarter(December, 2018) when the company reported net current liabilities of Rs.2716.70 millions.


***All amounts are given in Million Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

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