External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>MARI reported 42% QoQ decline in its earnings to Rs9.3/share primarily because of higher operating expenditures and higher royalty expense.</li><li>The result was below expectations as market was expecting earnings of Rs11-14/share.</li><li>Furthermore, Unlike street expectations of Rs10-15/share, company did not declare any cash dividend for 1HFY25.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

MARI reported 42% QoQ decline in its earnings to Rs9.3/share primarily because of higher operating expenditures and higher royalty expense.The result was below expectations as market was expecting earnings of Rs11-14/share.Furthermore, Unlike street expectations of Rs10-15/share, company did not declare any cash dividend for 1HFY25.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Mari Energies (MARI): Earnings fell by 42% QoQ to Rs9.3/share

Mari Petroleum

Mari Energies (MARI): Earnings fell by 42% QoQ to Rs9.3/share