Engineers India Q4 Results Live : profit falls by 39.25% YOY
Engineers India Q4 Results Live : Revenue decreased by 8.52% YoY & profit decreased by 39.25% YoY
Engineers India Q4 Results Live : Engineers India announced their Q4 results on 28 May, 2024, revealing a decrease in revenue by 8.52% and a decline in profit by 39.25% compared to the same quarter last year.
In comparison to the previous quarter, the company saw a 7.2% drop in revenue but a significant 82.36% increase in profit.
The Selling, general & administrative expenses showed a 5.8% decrease quarter-on-quarter and a 1.42% increase year-on-year.
Operating income witnessed a remarkable 60.41% increase from the previous quarter, but a substantial 58.25% decrease from the same quarter last year.
The Earnings Per Share (EPS) for Q4 was reported at ₹2.05, marking a 39.23% decrease from the previous year.
Engineers India's stock performance in the last week resulted in a -2.88% return, while it has delivered impressive returns of 84.57% in the last 6 months and 54.53% year-to-date.
The company currently holds a market capitalization of ₹14891.31 Cr, with a 52-week high/low of ₹289.9 & ₹106.25 respectively.
Analysts covering Engineers India have provided mixed ratings, with 4 analysts suggesting a Hold rating, 1 analyst recommending a Buy, and 1 analyst advocating for a Strong Buy.
The consensus recommendation as of 29 May, 2024, was to Buy the stock.
Engineers India Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 805.14 | 867.64 | -7.2% | 880.1 | -8.52% |
| Selling/ General/ Admin Expenses Total | 244.91 | 259.99 | -5.8% | 241.48 | +1.42% |
| Depreciation/ Amortization | 10.72 | 8.46 | +26.7% | 7.09 | +51.19% |
| Total Operating Expense | 738.4 | 826.03 | -10.61% | 720.26 | +2.52% |
| Operating Income | 66.74 | 41.6 | +60.41% | 159.84 | -58.25% |
| Net Income Before Taxes | 117.07 | 71.44 | +63.88% | 204.28 | -42.69% |
| Net Income | 115.52 | 63.35 | +82.36% | 190.18 | -39.25% |
| Diluted Normalized EPS | 2.05 | 1.13 | +81.42% | 3.37 | -39.23% |
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