Mercury Laboratories Quarterly Results

Pros & Cons

POSITIVES

Revenue growth in the latest quarter shows a strong upward trend, indicating increasing market demand.
Gross profit margins improved, reflecting better cost management and operational efficiency.
Increased R&D investment suggests a commitment to innovation, positioning the company well for future growth.

NEGATIVES

Decline in net income compared to the previous quarter raises concerns about profitability sustainability.
Rising operational costs have negatively impacted the overall profit margins.
Inventory levels have increased significantly, suggesting potential issues with product turnover or demand forecasting.

Field	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	22.76	17.12	17.37	16.68	18.19	19.57	20.66	18.13
Expenses	20.27	14.89	14.72	15.07	16.88	17.60	18.54	15.78
Operating Profit	2.49	2.23	2.65	1.61	1.31	1.98	2.12	2.35
Other Income	0.36	0.18	0.41	0.15	0.21	0.53	0.18	0.18
Interest	0.11	0.10	0.10	0.14	0.15	0.13	0.13	0.14
Depreciation	0.71	0.72	0.72	0.70	0.71	0.73	0.73	0.84
Profit Before Tax	2.03	1.58	2.25	0.92	0.65	1.64	1.45	1.55
Tax	0.52	0.35	0.34	0.58	0.15	0.45	0.34	0.58
Net Profit	1.51	1.24	1.91	0.34	0.50	1.19	1.11	0.97
Eps in Rs	12.56	10.30	15.92	2.85	4.17	9.94	9.25	8.06