Jubilant Ingrevia Q1 Results Live : profit falls by 15.37% YOY

Jubilant Ingrevia Q1 Results Live : Jubilant Ingrevia declared their Q1 results on 16 Jul, 2024, revealing a 4.71% decrease in revenue and a 15.37% decrease in profit compared to the same period last year.

The company experienced a 4.66% decline in revenue but a significant 66.63% increase in profit when compared to the previous quarter.

Selling, general & administrative expenses saw a 7.81% increase quarter-on-quarter but a 13.22% decrease year-on-year.

Operating income showed a positive trend with a 27.25% increase quarter-on-quarter, although it decreased by 16.24% year-on-year.

The earnings per share (EPS) for Q1 stood at ₹3.08, marking a 15.15% decrease year-on-year.

Jubilant Ingrevia's recent returns include -0.52% in the last 1 week, 21.82% in the last 6 months, and 15.41% year-to-date.

The company currently boasts a market capitalization of ₹9273.4 Cr with a 52-week high/low of ₹617 & ₹399 respectively.

Analysts covering Jubilant Ingrevia have varied ratings, with 1 analyst suggesting a Hold rating, 1 analyst recommending Buy, and 1 analyst advocating for Strong Buy.

As of 18 Jul, 2024, the consensus recommendation for Jubilant Ingrevia was to Buy.