Apar Industries Q1 Results Live : profit rise by 2.59% YOY
Apar Industries Q1 Results Live : Revenue increased by 6.29% YoY & profit increased by 2.59% YoY
Apar Industries Q1 Results Live : Apar Industries declared their Q1 results on 30 Jul, 2024, with the topline increasing by 6.29% and the profit increasing by 2.59% YoY.
However, when compared to the previous quarter, the revenue declined by 9.98% and the profit decreased by 14.26%.
The Selling, general & administrative expenses rose by 5.42% q-o-q and increased by 25.1% Y-o-Y.
The operating income was down by 11.63% q-o-q but increased by 8.02% Y-o-Y.
The EPS for Q1 is ₹50.42, which is a decrease of 2.27% Y-o-Y.
Apar Industries has shown strong returns with 12.57% in the last 1 week, 50.11% return in the last 6 months, and 50.49% YTD return.
The company currently has a market cap of ₹36593.13 Cr and a 52-week high/low of ₹9543.3 & ₹3545.15 respectively.
Analysts' ratings as of 31 Jul, 2024, show that out of 3 analysts covering the company, 1 analyst has given a Strong Sell rating and 2 analysts have given Buy ratings.
Apar Industries Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 4010.52 | 4455.11 | -9.98% | 3773.01 | +6.29% |
| Selling/ General/ Admin Expenses Total | 82.15 | 77.93 | +5.42% | 65.67 | +25.1% |
| Depreciation/ Amortization | 31.11 | 31.47 | -1.14% | 27.23 | +14.25% |
| Total Operating Expense | 3666 | 4065.23 | -9.82% | 3454.08 | +6.14% |
| Operating Income | 344.52 | 389.88 | -11.63% | 318.93 | +8.02% |
| Net Income Before Taxes | 270.39 | 321.62 | -15.93% | 263.15 | +2.75% |
| Net Income | 202.54 | 236.23 | -14.26% | 197.43 | +2.59% |
| Diluted Normalized EPS | 50.42 | 60.97 | -17.3% | 51.59 | -2.27% |
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