Baroda Rayon Q4 Results Live : profit falls by 79.87% YOY

Baroda Rayon Q4 Results Live : Baroda Rayon announced their Q4 results on 30 May, 2024, reporting a significant decrease in both revenue and profit compared to the same quarter last year. The topline decreased by 80.79% year-on-year, while the profit fell by 79.87% year-on-year. Additionally, when compared to the previous quarter, the revenue declined by 21.11% and the profit decreased by 59.32%.

The company also saw an increase in Selling, general & administrative expenses by 1.6% quarter-on-quarter, although it decreased by 1.21% year-on-year. Similarly, the operating income was down by 66.64% quarter-on-quarter and decreased by 81.97% year-on-year.

Baroda Rayon reported an EPS of ₹1 for Q4, marking a 63.2% decrease year-on-year. The company has also delivered negative returns in various time frames, including -0.92% in the last 1 week, -12.75% in the last 6 months, and -12.31% year-to-date.

As of now, Baroda Rayon has a market capitalization of ₹394.99 Cr and its 52-week high/low stand at ₹249.3 and ₹150 respectively.