Bhilwara Technical Textiles Q4 results : profit at ₹3.1Cr, Revenue increased by 214.49% YoY
Bhilwara Technical Textiles Q4 results : Revenue increased by 214.49% YoY & profit at ₹3.1Cr
Bhilwara Technical Textiles Q4 Results Live : Bhilwara Technical Textiles announced their Q4 results on 20 May, 2024, showcasing a remarkable performance. The company's revenue saw a substantial growth of 214.49% year-on-year, reaching ₹3.1 crore in profit.
The positive results mark a significant turnaround for Bhilwara Technical Textiles, as they had reported a loss of ₹2.29 crore during the same period in the previous fiscal year. Additionally, the revenue surged by 32.58% compared to the preceding quarter.
Moreover, the company managed to lower its Selling, general & administrative expenses by 1.02% quarter-on-quarter and 23.23% year-on-year. The operating income also exhibited a healthy increase of 17.19% sequentially and 55.02% when compared to the previous year.
Furthermore, the Earnings Per Share (EPS) for Q4 stood at ₹0.53, marking a significant growth of 228.57% year-on-year, reflecting the company's improving financial health.
In terms of market performance, Bhilwara Technical Textiles has delivered a -1.07% return in the last week, while showing strong returns of 13.25% in the last 6 months and 0.41% year-to-date. The company currently boasts a market capitalization of ₹215.98 crore with a 52-week high/low of ₹50.19 & ₹13.67 respectively.
Bhilwara Technical Textiles Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 4.12 | 3.11 | +32.58% | 1.31 | +214.49% |
| Selling/ General/ Admin Expenses Total | 0.04 | 0.04 | -1.02% | 0.05 | -23.23% |
| Depreciation/ Amortization | 0 | 0 | -0% | 0 | -0% |
| Total Operating Expense | 4.2 | 3.21 | +31.03% | 1.49 | +181.42% |
| Operating Income | -0.08 | -0.1 | +17.19% | -0.18 | +55.02% |
| Net Income Before Taxes | 3.19 | 0.6 | +436.13% | -2.23 | +243.54% |
| Net Income | 3.1 | 0.54 | +473.25% | -2.29 | +235.45% |
| Diluted Normalized EPS | 0.53 | 0.09 | +488.89% | -0.41 | +228.57% |
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