Marsons Q2 Results Live: Profit Rises by 1550.06% YOY
Marsons Q2 Results Live: Revenue increased by 2036.27% YoY & profit increased by 1550.06% YoY.
Marsons Q2 Results Live : Marsons declared their Q2 results on October 25, 2024, showcasing an extraordinary performance with a topline increase of 2036.27% year-over-year, while profits surged by an astonishing 1550.06%.
In comparison to the previous quarter, Marsons experienced a revenue growth of 28.9% and a profit increase of 42.6%, indicating strong operational momentum.
However, the company faced rising Selling, General & Administrative expenses, which rose by 62.96% quarter-over-quarter and 49.35% year-over-year, reflecting increased operational costs.
The operating income also saw a significant boost, up by 15.69% from the previous quarter and a staggering 1594.8% year-over-year, showcasing Marsons' improved efficiency.
Earnings per share (EPS) for Q2 stood at ₹0.43, marking a remarkable increase of 1229.62% year-over-year, further highlighting the company's robust financial health.
Despite delivering a -21.67% return over the last week, Marsons has achieved a remarkable 375.73% return in the last six months and an astounding 2808.39% year-to-date return.
Currently, Marsons holds a market capitalization of ₹3879.13 crore, with a 52-week high of ₹356 and a low of ₹5.69, demonstrating significant growth potential.
Marsons Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 38.51 | 29.88 | +28.9% | 1.8 | +2036.27% |
| Selling/ General/ Admin Expenses Total | 0.16 | 0.1 | +62.96% | 0.11 | +49.35% |
| Depreciation/ Amortization | 0.14 | 0.14 | +3.73% | 0.17 | -16.84% |
| Total Operating Expense | 32.83 | 24.97 | +31.5% | 1.47 | +2136.99% |
| Operating Income | 5.68 | 4.91 | +15.69% | 0.33 | +1594.8% |
| Net Income Before Taxes | 7.47 | 5.24 | +42.6% | 0.45 | +1550.06% |
| Net Income | 7.47 | 5.24 | +42.6% | 0.45 | +1550.06% |
| Diluted Normalized EPS | 0.43 | 0.3 | +43.33% | 0.03 | +1229.62% |
Stay updated on quarterly results with our results calendar
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
MoreLess
FAQs
₹7.47Cr
₹38.51Cr
First Published:26 Oct 2024, 10:13 AM IST
- Top Gainers
- Top Losers
- 52 Week High