Ambition Mica Quarterly Results

Pros & Cons

POSITIVES

Strong revenue growth in the latest quarter indicates robust market demand for mica products.
Improved profit margins reflect effective cost management strategies implemented in previous quarters.
Increase in market share suggests successful competitive positioning within the manufacturing industry.

NEGATIVES

Declining net profit in the latest quarter raises concerns about operational inefficiencies.
Higher raw material costs pressure profit margins compared to previous quarters.
Inventory levels have surged, indicating potential issues with demand forecasting.

Field	Sep 21	Dec 21	Mar 22	Jun 22	Sep 22	Dec 22	Mar 23	Jun 23
Revenue	7.57	8.10	3.96	2.85	3.09	2.35	4.44	3.37
Expenses	13.14	15.77	6.55	6.64	6.10	2.88	3.23	4.15
Operating Profit	-5.57	-7.67	-2.59	-3.79	-3.01	-0.53	1.21	-0.78
Other Income	0.48	0.18	0.75	0.01	0.06	3.16	0.23	0
Interest	0.56	0.60	0.67	0.14	0.02	0.02	1.70	0.48
Depreciation	0.17	0.17	0.15	0.16	0.17	0.15	0.16	0.16
Profit Before Tax	-5.82	-8.25	-2.65	-4.09	-3.14	2.46	-0.41	-1.43
Tax	-0.16	-1.82	1.38	0.44	-0.04	0.46	0.04	0.09
Net Profit	-5.66	-6.43	-4.04	-4.53	-3.09	2	-0.46	-1.52
Eps in Rs	-3.80	-4.31	-2.71	-3.03	-2.07	1.34	-0.31	-1.02