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- Millennium Online Solution India Q1 Results Total Revenue ₹0.00 lakhs & Total Expenses ₹4.54 lakhs
Millennium Online Solution India Q1 Results Total Revenue ₹0.00 lakhs & Total Expenses ₹4.54 lakhs
Millennium Online Solution India Q1 Results with Total Expenses of ₹4.54 lakhs, resulting in a loss of ₹5.38 lakhs and they had similar financial performance in the previous quarter with a smaller loss.
by Ruksana
Updated Sep 13, 2024
Table of Content
Millennium Online Solution India Q1 Results
Millennium Online Solution India Q1 Results: For the quarter ending on June 30, 2024, the company reported no revenue from its operations, which means it didn't make any money from its main business activities. It also had no other income. So, the total revenue was zero. The company spent 0.84 lakhs on employee salaries and 4.54 lakhs in total for other expenses, which led to a loss of 5.38 lakhs before tax.
In the previous period ending March 31, 2024, Millennium Online Solution India again reported no revenue or other income. It spent slightly less on employee salaries, 0.04 lakhs, and had total expenses of 1.33 lakhs. This resulted in a loss of 1.37 lakhs before tax.
Millennium Online Solution India’s Comparing with the same period last year, June 30, 2023, the company had no revenue and very minimal other income. The total expenses were 4.83 lakhs, mainly due to employee salaries, leading to a loss of 5.35 lakhs.
Millennium Online Solution India’s total expenses were higher at 6.91 lakhs For the year ending March 31, 2024, and the company faced a larger loss of 9.14 lakhs. The loss per share was consistent across periods, reflecting ongoing financial challenges.
Here's a simplified version of the financial results you provided:
(Rs. in Lakhs)
|
Particulars |
30-06-2024 (Un-Audited) |
31-03-2024 (Audited) |
30-06-2023 (Un-Audited) |
31-03-2024 (Audited) |
|
Revenue from Operations |
0.00 |
0.00 |
0.00 |
0.00 |
|
Other Income |
0.00 |
0.00 |
0.08 |
0.08 |
|
Total Revenue (I+II) |
0.00 |
0.00 |
0.08 |
0.08 |
|
Expenses |
||||
|
a) Cost of Material Consumed |
0.00 |
0.00 |
0.00 |
0.00 |
|
b) Purchase of Stock in Trade |
0.00 |
0.00 |
0.00 |
0.00 |
|
c) Changes in Inventories |
0.00 |
0.00 |
0.00 |
0.00 |
|
d) Employee Benefits Expenses |
0.84 |
0.04 |
0.60 |
2.31 |
|
e) Finance Cost |
0.00 |
0.00 |
0.00 |
0.00 |
|
f) Depreciation and Amortization Expenses |
0.00 |
0.00 |
0.00 |
0.00 |
|
g) Other Expenses |
0.00 |
0.00 |
0.00 |
0.00 |
|
Total Expenses (IV) |
4.54 |
1.33 |
4.83 |
6.91 |
|
Profit/(Loss) Before Exceptional Items and Tax (III-IV) |
-5.38 |
-1.37 |
-5.35 |
-9.14 |
|
Exceptional Items |
0.00 |
0.00 |
0.00 |
0.00 |
|
Profit/(Loss) Before Tax (V-VI) |
-5.38 |
-1.37 |
-5.35 |
-9.14 |
|
Tax Expense |
||||
|
a) Current Tax |
0.00 |
0.00 |
0.00 |
0.00 |
|
b) Deferred Tax |
0.00 |
0.00 |
0.00 |
0.00 |
|
Profit/(Loss) for the Period from Continuing Operations (VII-VIII) |
0.00 |
0.00 |
0.00 |
0.00 |
|
Profit/(Loss) from Discontinued Operations |
-5.38 |
-1.37 |
-5.35 |
-9.14 |
|
Tax Expense of Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
|
Profit/(Loss) from Discontinuing Operations (After Tax) (X-XI) |
0.00 |
0.00 |
0.00 |
0.00 |
|
Profit/(Loss) for the Period (IX+XII) |
-5.38 |
-1.37 |
-5.35 |
-9.14 |
|
Other Comprehensive Income |
-5.38 |
-1.37 |
-5.35 |
-9.14 |
|
A. Items That Will Not Be Reclassified to Profit or Loss |
0.00 |
0.00 |
0.00 |
0.00 |
|
B. Items That Will Be Reclassified to Profit or Loss |
0.00 |
0.00 |
0.00 |
0.00 |
|
Total Comprehensive Income for the Period (XIII+XIV) |
-5.38 |
-1.37 |
-5.35 |
-9.14 |
|
Earnings Per Equity Share (for Continuing Operation) |
||||
|
(1) Basic |
-0.01 |
0.00 |
-0.01 |
-0.02 |
|
(2) Diluted |
-0.01 |
0.00 |
-0.01 |
-0.02 |
|
Earnings Per Equity Share (for Discontinued Operation) |
||||
|
(1) Basic |
0.00 |
0.00 |
0.00 |
0.00 |
|
(2) Diluted |
0.00 |
0.00 |
0.00 |
0.00 |
|
Earnings Per Equity Share (for Discontinued & Continuing Operation) |
||||
|
(1) Basic |
-0.01 |
0.00 |
-0.01 |
-0.02 |
|
(2) Diluted |
-0.01 |
0.00 |
-0.01 |
-0.02 |
Source: Here
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Millennium Online Solution India Stock Performance
The table shows financial details for Millennium Online Solution India. The company's market capitalization is ₹11 crore, which is the total value of its shares. The current stock price is ₹2.20, while the highest price in the past was ₹4.24 and the lowest was ₹1.55. The book value of the stock is ₹0.85, meaning each share’s value on the company’s books is ₹0.85. The company pays no dividends, so the dividend yield is 0%.
Here is the financial information you provided in a clear format:
|
Metric |
Value |
|
Market Cap |
₹ 11.0 Cr. |
|
Current Price |
₹ 2.20 |
|
High / Low |
₹ 4.24 / ₹ 1.55 |
|
Stock P/E |
Not Provided |
|
Book Value |
₹ 0.85 |
|
Dividend Yield |
0.00 % |
|
ROCE |
-5.28 % |
|
ROE |
-6.13 % |
|
Face Value |
₹ 1.00 |
Quarterly Results
Millennium Online Solution India’s financial performance for the last three quarters: December 2023, March 2024, and June 2024. The company's sales were low in these quarters, with figures decreasing from ₹0.36 crores in December 2023 to ₹0.18 crores in June 2024. Expenses were slightly higher than sales, leading to negative operating profit in each quarter. The operating profit margin (OPM) was negative.
Here is the transposed data for the quarters December 2023, March 2024, and June 2024:
|
Particulars |
Dec 2023 |
Mar 2024 |
Jun 2024 |
|
Sales (Rs. Crores) |
0.36 |
0.30 |
0.18 |
|
Expenses (Rs. Crores) |
0.39 |
0.48 |
0.27 |
|
Operating Profit (Rs. Crores) |
-0.03 |
-0.18 |
-0.09 |
|
OPM (%) |
-8.33% |
-60.00% |
-50.00% |
|
Other Income (Rs. Crores) |
0.00 |
0.00 |
0.00 |
|
Interest (Rs. Crores) |
0.00 |
0.00 |
0.00 |
|
Depreciation (Rs. Crores) |
0.00 |
0.00 |
0.00 |
|
Profit Before Tax (Rs. Crores) |
-0.03 |
-0.18 |
-0.09 |
|
Tax (%) |
0.00% |
-33.33% |
0.00% |
|
Net Profit (Rs. Crores) |
-0.03 |
-0.12 |
-0.09 |
|
EPS (Rs.) |
-0.01 |
-0.02 |
-0.02 |
About Millennium Online Solution India
Millennium Online Solutions India is a company based in India that focuses on providing online solutions and services. It operates in various sectors, including technology and digital services, to help businesses and organizations improve their online presence and efficiency. The company is dedicated to maintaining high standards of ethical conduct and compliance with legal regulations.
Millennium Online Solutions India’s commitment is reflected in their Code of Conduct, which guides their Directors and Senior Management in making decisions that align with the company’s values and legal requirements. Millennium Online Solutions India places a strong emphasis on integrity, transparency, and fair dealing in all its business practices. The company’s goal is to deliver quality services while ensuring that all employees and management follow strict ethical guidelines.
Millennium Online Solutions India’s are also committed to protecting the confidentiality of sensitive information and avoiding conflicts of interest. By adhering to these principles, Millennium Online Solutions India aims to build trust with its clients, shareholders, and the public, while fostering a positive and responsible business environment.
Millennium Online Solution India Q1 Results - FAQs
1. What were Millennium Online Solution India’s Q1 revenues?
Millennium Online Solution India had no revenue in Q1 ending June 30, 2024.
2. How much did Millennium Online Solution India spend on employee salaries in Q1?
Millennium Online Solution India spent ₹0.84 lakhs on employee salaries in Q1.
3. What was Millennium Online Solution India’s total expense for Q1?
Millennium Online Solution India’s total expense for Q1 was ₹4.54 lakhs.
4. What was the loss before tax for Millennium Online Solution India in Q1?
Millennium Online Solution India reported a loss of ₹5.38 lakhs before tax in Q1.
5. How did Millennium Online Solution India’s Q1 loss compare to the previous quarter?
Millennium Online Solution India’s Q1 loss was larger than the previous quarter’s loss.
6. What was Millennium Online Solution India’s total revenue in June 2023?
Millennium Online Solution India’s total revenue in June 2023 was ₹0.08 lakhs.
7. What were Millennium Online Solution India’s total expenses for March 31, 2024?
Millennium Online Solution India’s total expenses for March 31, 2024, were ₹6.91 lakhs.
8. What was the net profit for Millennium Online Solution India in June 2024?
Millennium Online Solution India’s net profit for June 2024 was a loss of ₹5.38 lakhs.
9. How did Millennium Online Solution India’s quarterly sales change from December 2023 to June 2024?
Millennium Online Solution India’s quarterly sales decreased from ₹0.36 crores in December 2023 to ₹0.18 crores in June 2024.
10. What was Millennium Online Solution India’s operating profit margin in March 2024?
Millennium Online Solution India’s operating profit margin in March 2024 was -60.00%.