Martin Burn Ltd

📊 Martin Burn Ltd Q1 FY25 Results: Income & Profits Down, Debt Ratios Strengthen

- Total Income for the quarter: ₹180.00 lakhs (down from ₹1186.9 lakhs in the previous quarter)

- Profit before taxes: ₹117.09 lakhs (down from ₹471.84 lakhs in the previous quarter)

- Net profit: ₹84.51 lakhs (down from ₹403.49 lakhs in the previous quarter)

- Basic and diluted EPS: ₹1.64 (down from ₹7.83 in the previous quarter)

- Debt Equity Ratio improved to 0.31 from 0.54 in the corresponding quarter of the previous year

- Debt Service Coverage Ratio (DSCR) was 58.17, significantly higher than 2.99 in the previous year's corresponding quarter

- Interest Service Coverage Ratio (ISCR) was 279.79, up from 3.97 in the previous year's corresponding quarter

- The company's primary business segment is Real Estate, with rental income being a significant part of other operating income

- No investor grievances were pending at the beginning or end of the quarter