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)
648.70606.70725.001891.602122.60
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)
ChangeChange %ChangeChange %ChangeChange %
42.006.92%(Revenue Increase)76.3010.52%(Revenue Decrease)231.0010.88%(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)
43.4649.0125.2639.4324.17
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)
ChangeChange %ChangeChange %ChangeChange %
5.5511.32%(GM Decrease)18.2072.05%(GM Increase)15.2663.12%(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)
48.1041.1047.20109.00132.60
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)
ChangeChange %ChangeChange %ChangeChange %
7.0017.03%(EBITDA Increase)0.901.91%(EBITDA Increase)23.6017.80%(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)
ChangeChange %ChangeChange %ChangeChange %
6.70670.00%(Profit Increase)0.202.53%(Profit Decrease)28.10161.49%(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)
0.200.030.210.28(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)
ChangeChange %ChangeChange %ChangeChange %
0.17566.67%(EPS Increase)0.014.76%(EPS Decrease)0.74160.87%(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
DetailsNon-current AssetsCurrent Assets
Current Quarter(December, 2019)Corresponding Quarter(December, 2018)Current Quarter(December, 2019)Corresponding Quarter(December, 2018)
Reported2045.902099.40954.003246.00
 ChangeChange %ChangeChange %
Calculated53.502.55%(Assets Decrease)2292.0070.61%(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
DetailsNon-current LiabilitiesCurrent Liabilities
Current Quarter(December, 2019)Corresponding Quarter(December, 2018)Current Quarter(December, 2019)Corresponding Quarter(December, 2018)
Reported2873.502817.90349.902716.70
 ChangeChange %ChangeChange %
Calculated55.601.97%(Liabilities Increase)2366.8087.12%(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.

Add new comment

Comment Editor

  • No HTML tags allowed.