GTN Industries Q1 Results Live : GTN Industries announced their Q1 results on 06 Aug, 2024, with a decrease in revenue by 6.23% Year-over-Year (YoY) amounting to ₹0.45cr in profit.
In the same period last fiscal year, GTN Industries had reported a loss of ₹2.31cr, making this quarter a significant turnaround for the company.
Comparing to the previous quarter, the revenue saw a growth of 15.35% indicating a positive trajectory for GTN Industries.
The Selling, general & administrative expenses showed a rise of 9.5% quarter-over-quarter (QoQ) but decreased by 1.01% Year-over-Year (YoY).
Operating income witnessed a substantial increase of 143.33% QoQ and 129.02% YoY, showcasing operational efficiency.
The Earnings Per Share (EPS) for Q1 stood at ₹0.26, marking a significant 119.75% increase YoY, reflecting growth in profitability.
Despite the positive financial results, GTN Industries has seen negative returns in various time frames - -4.51% in the last week, -20.76% in the last 6 months, and -27.5% Year-to-Date (YTD).
Currently, GTN Industries has a market capitalization of ₹62.79 Cr, with a 52-week high/low of ₹63 & ₹29.43 respectively.
GTN Industries Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|
| Total Revenue | 46.51 | 40.32 | +15.35% | 49.6 | -6.23% |
| Selling/ General/ Admin Expenses Total | 3.92 | 3.58 | +9.5% | 3.96 | -1.01% |
| Depreciation/ Amortization | 0.93 | 0.93 | -0% | 0.91 | +2.2% |
| Total Operating Expense | 45.86 | 41.82 | +9.66% | 51.84 | -11.54% |
| Operating Income | 0.65 | -1.5 | +143.33% | -2.24 | +129.02% |
| Net Income Before Taxes | 0.58 | -2.12 | +127.36% | -2.94 | +119.73% |
| Net Income | 0.45 | -1.47 | +130.61% | -2.31 | +119.48% |
| Diluted Normalized EPS | 0.26 | -0.84 | +130.95% | -1.32 | +119.75% |
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