Jubilant Ingrevia Q4 Results Live : profit falls by 44.08% YOY

Jubilant Ingrevia Q4 Results Live : Jubilant Ingrevia declared their Q4 results on 14 May, 2024, revealing a decrease in revenue by 6.16% and a significant decline in profit by 44.08% YoY.

Quarter-on-quarter, the revenue saw a growth of 11.18%, but the profit dipped by 24.14%.

The Selling, general & administrative expenses showed a decline of 4.07% q-o-q, however, there was a substantial increase of 136.61% Y-o-Y.

Operating income for Jubilant Ingrevia was down by 9.47% q-o-q and decreased by 23.11% Y-o-Y.

The Earnings Per Share (EPS) for Q4 stood at ₹1.85, marking a 43.8% decrease Y-o-Y.

In terms of stock performance, Jubilant Ingrevia delivered -2.22% return in the last week, 21.75% return in the last 6 months, and 0.59% YTD return.

The company currently holds a market cap of ₹8082.92 Cr with a 52-week high/low of ₹581.7 & ₹379.05 respectively.

Analysts covering the company have varied ratings as of 16 May, 2024, with 1 analyst each giving Hold, Buy, and Strong Buy ratings.

The consensus recommendation as of 16 May, 2024, suggests a Buy rating for Jubilant Ingrevia.