Manjeera Constructions Q1 Results 2024:Manjeera Constructions declared their Q1 results on 29 Nov, 2024, revealing a significant turnaround from the previous fiscal year. The company's topline increased by 48.75%, and it reported a profit of ₹6.94 Cr, contrasting sharply with a loss of ₹12.91 Cr during the same period last year. Additionally, the revenue showed a modest growth of 1.41% compared to the previous quarter.
The company's Selling, General & Administrative expenses saw a remarkable decline, down 28.59% quarter-on-quarter and 47.15% year-on-year, contributing to the improved profitability. Furthermore, operating income surged by 20.12% compared to the last quarter and an impressive 221.36% year-on-year increase.
Earnings per share (EPS) for the first quarter stood at ₹5.55, reflecting a substantial increase of 153.78% year-on-year. Despite this positive performance, Manjeera Constructions has faced challenges in the stock market, delivering a 0% return in the last week, a decline of 28.51% over the past six months, and a decrease of 20.34% year-to-date.
As of now, Manjeera Constructions boasts a market capitalization of ₹35.57 Cr, with a 52-week high of ₹53.3 and a low of ₹28.44.
Manjeera Constructions Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|
| Total Revenue | 14.61 | 14.41 | +1.41% | 9.82 | +48.75% |
| Selling/ General/ Admin Expenses Total | 0.48 | 0.67 | -28.59% | 0.9 | -47.15% |
| Depreciation/ Amortization | 1.14 | 1.27 | -10.59% | 1.4 | -19.1% |
| Total Operating Expense | 10.09 | 10.65 | -5.2% | 13.55 | -25.51% |
| Operating Income | 4.52 | 3.76 | +20.12% | -3.73 | +221.36% |
| Net Income Before Taxes | 5.04 | 5.6 | -9.95% | -13.23 | +138.11% |
| Net Income | 6.94 | 5.61 | +23.69% | -12.91 | +153.76% |
| Diluted Normalized EPS | 5.55 | 4.49 | +23.61% | -10.32 | +153.78% |
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