Duncan Engineering Q1 Results Live : profit falls by 60.93% YOY

Duncan Engineering Q1 Results Live : Duncan Engineering announced their Q1 results on 24 Jul, 2024, showcasing a 0.97% increase in revenue but a significant 60.93% decline in profit compared to the same quarter last year.

The company also experienced a 14.33% decrease in revenue and a 60.62% drop in profit when compared to the previous quarter's results.

Furthermore, Duncan Engineering saw a 3.33% increase in Selling, general & administrative expenses quarter-over-quarter and a substantial 17.87% rise year-over-year.

Operating income took a hit as well, plummeting by 75.96% sequentially and 76.86% compared to the same quarter last year.

The Earnings Per Share (EPS) for Q1 stood at ₹2.13, reflecting a 60.99% decrease year-over-year.

In terms of market performance, Duncan Engineering delivered returns of 3.3% in the last week, 28.92% in the last 6 months, and 7.73% year-to-date.

As of now, the company boasts a market capitalization of ₹219.8 Cr, with a 52-week high/low of ₹649 and ₹371.15 respectively.