National Fittings Q1 Results Live : profit rise by 736.84% YOY
National Fittings Q1 Results Live : Revenue decreased by 13.05% YoY & profit increased by 736.84% YoY
National Fittings Q1 Results Live : National Fittings, a leading company in the fittings industry, announced their Q1 results on 24 Jul, 2024. The company reported a decrease in revenue by 13.05% year-over-year, but a significant increase in profit by 736.84% year-over-year.
Comparing to the previous quarter, National Fittings experienced a 30.03% decline in revenue, but a substantial 261.65% increase in profit.
The company managed to reduce its Selling, general & administrative expenses by 16.97% quarter-over-quarter and 5.85% year-over-year.
National Fittings saw a remarkable growth in operating income, which was up by 196.47% quarter-over-quarter and 478.56% year-over-year.
The earnings per share (EPS) for Q1 stood at ₹0.44, showing a decrease of 51.8% year-over-year.
In terms of market performance, National Fittings delivered a -5.16% return in the last week, 0.41% return in the last 6 months, and -13.67% year-to-date return.
Currently, National Fittings has a market capitalization of ₹121.85 Cr with a 52-week high/low of ₹194.75 & ₹90.25 respectively.
National Fittings Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 15.14 | 21.64 | -30.03% | 17.42 | -13.05% |
| Selling/ General/ Admin Expenses Total | 2.25 | 2.71 | -16.97% | 2.39 | -5.85% |
| Depreciation/ Amortization | 0.81 | 0.89 | -9.21% | 0.86 | -5.85% |
| Total Operating Expense | 8.18 | 19.29 | -57.6% | 16.21 | -49.55% |
| Operating Income | 6.96 | 2.35 | +196.47% | 1.2 | +478.56% |
| Net Income Before Taxes | 7.29 | 2.54 | +187.33% | 1.21 | +501.09% |
| Net Income | 6.93 | 1.92 | +261.65% | 0.83 | +736.84% |
| Diluted Normalized EPS | 0.44 | 2.11 | -79.21% | 0.91 | -51.8% |
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
₹6.93Cr
₹15.14Cr
First Published:26 Jul 2024, 10:51 AM IST
- Top Gainers
- Top Losers
- 52 Week High