D P Abhushan Q2 Results Live: Profit Rises by 88.53% YoY
D P Abhushan Q2 Results Live: Revenue increased by 83.93% YoY & profit increased by 88.53% YoY.
D P Abhushan Q2 Results Live : D P Abhushan declared their Q2 results on October 28, 2024, showcasing impressive growth metrics. The company reported a topline increase of 83.93% year-over-year, with profits soaring by 88.53%. This marks a significant achievement for the jewelry retailer in a competitive market.
In comparison to the previous quarter, D P Abhushan experienced a remarkable revenue growth of 99.08%, while profit saw a modest increase of 0.21%. These figures indicate a strong trajectory for the company as it continues to expand its operations.
However, the Selling, General & Administrative expenses rose by 16.94% quarter-over-quarter and increased by 30.98% year-over-year. This rise in expenses could be a point of concern for investors as it may impact future profitability.
The operating income reflected a slight decline of 1.31% on a quarter-over-quarter basis, but it showed a robust increase of 76.41% year-over-year. This suggests that despite the rising expenses, the company is managing to increase its operational efficiency over the longer term.
Earnings per share (EPS) for the quarter stood at ₹11.2, representing an 88.24% increase year-over-year. This significant growth in EPS further underscores the company's solid financial performance.
In terms of stock performance, D P Abhushan has delivered a return of -3.83% over the last week. However, the company has shown resilience with a 51.16% return over the last six months and a staggering 167.39% return year-to-date.
As of now, D P Abhushan holds a market capitalization of ₹4018.98 crore, with its stock trading within a 52-week range of ₹1927 and ₹540. This market cap reflects the strong investor confidence following the positive quarterly results.
D P Abhushan Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1004.72 | 504.69 | +99.08% | 546.25 | +83.93% |
| Selling/ General/ Admin Expenses Total | 7.16 | 6.13 | +16.94% | 5.47 | +30.98% |
| Depreciation/ Amortization | 1.79 | 1.59 | +13.03% | 1.38 | +29.73% |
| Total Operating Expense | 968.54 | 468.04 | +106.94% | 525.74 | +84.22% |
| Operating Income | 36.18 | 36.66 | -1.31% | 20.51 | +76.41% |
| Net Income Before Taxes | 33.36 | 33.65 | -0.87% | 17.74 | +88.01% |
| Net Income | 25.13 | 25.08 | +0.21% | 13.33 | +88.53% |
| Diluted Normalized EPS | 11.2 | 11.27 | -0.62% | 5.95 | +88.24% |
Stay updated on quarterly results with our results calendar
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
MoreLess
FAQs
₹25.13Cr
₹1004.72Cr
First Published:29 Oct 2024, 10:57 AM IST
- Top Gainers
- Top Losers
- 52 Week High