PTC India Q2 Results Live : PTC India has declared its Q2 results on November 12, 2024, showcasing a mixed performance in key financial metrics. Despite a decrease in topline revenue by 1.44% year-over-year, the company reported a notable profit increase of 19.77% compared to the same quarter last year.
In comparison to the previous quarter, PTC India experienced a revenue growth of 9.44% and a significant profit boost of 24.92%. This indicates a positive trend in the company's profitability even amidst challenges in revenue generation.
The company's selling, general, and administrative expenses saw a decline of 2.1% quarter-over-quarter and a more substantial decrease of 7.98% year-over-year, reflecting tighter cost management strategies during this period.
Operating income showed a slight increase of 0.78% from the previous quarter; however, it declined by 21.75% year-over-year, suggesting challenges in maintaining operational efficiency over a longer timeline.
Earnings per share (EPS) for Q2 stood at ₹5.1, marking a decrease of 17.8% compared to the previous year, which may raise concerns among investors about the company's profitability trajectory.
In terms of stock performance, PTC India has delivered a return of -5.07% in the last week, -20.49% over the past six months, and -9.82% year-to-date, highlighting significant volatility in its stock price.
Currently, PTC India boasts a market capitalization of ₹5072.99 crore, with a 52-week high of ₹254.6 and a low of ₹152.65, reflecting a challenging market environment for the company.
As of November 13, 2024, the consensus among analysts is to 'Sell' the stock, with one out of one analysts covering the company issuing a sell rating, indicating a cautious outlook for investors.
PTC India Financials
Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 5127.99 | 4685.59 | +9.44% | 5203.1 | -1.44% |
Selling/ General/ Admin Expenses Total | 21.46 | 21.92 | -2.1% | 23.32 | -7.98% |
Depreciation/ Amortization | 2.23 | 2.27 | -1.76% | 25.43 | -91.23% |
Total Operating Expense | 4823.96 | 4383.9 | +10.04% | 4814.54 | +0.2% |
Operating Income | 304.03 | 301.69 | +0.78% | 388.56 | -21.75% |
Net Income Before Taxes | 218.9 | 203.05 | +7.81% | 271.88 | -19.49% |
Net Income | 217.24 | 173.9 | +24.92% | 181.38 | +19.77% |
Diluted Normalized EPS | 5.1 | 4.68 | +8.79% | 6.2 | -17.8% |
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