Poly Medicure Q4 Results Live : profit rise by 16.23% YOY

Poly Medicure Q4 Results Live : Poly Medicure, the medical equipment company, announced their Q4 results on 17 May, 2024. The company reported a 23.21% increase in revenue and a 16.23% rise in profit year-over-year.

In comparison to the previous quarter, Poly Medicure witnessed a growth of 11.33% in revenue and a 5.14% increase in profit.

The Selling, general & administrative expenses for the company rose by 14.97% quarter-over-quarter and increased by 29.77% year-over-year.

Furthermore, the operating income showed an increase of 8.61% quarter-over-quarter and 17.47% year-over-year.

The Earnings Per Share (EPS) for Q4 stood at ₹7.12, marking a 16.15% increase year-over-year.

Poly Medicure has delivered positive returns to its investors with 4.05% in the last 1 week, 8.98% in the last 6 months, and 11.06% Year-to-Date (YTD).

Currently, Poly Medicure has a market capitalization of ₹15880.39 Cr with a 52-week high/low of ₹1729 and ₹945 respectively.

Analysts covering the company have provided ratings, with 1 analyst suggesting Hold, 2 analysts recommending Buy, and 1 analyst favoring Strong Buy.

As of 18 May, 2024, the consensus recommendation for Poly Medicure is Buy.