PTC Industries Q1 Results Live : profit falls by 56.59% YOY
PTC Industries Q1 Results Live : Revenue decreased by 34.46% YoY & profit decreased by 56.59% YoY
PTC Industries Q1 Results Live : PTC Industries announced their Q1 results on 30 Jul, 2024, revealing a decrease in revenue by 34.46% and a significant drop in profit by 56.59% compared to the same quarter last year.
In comparison to the previous quarter, the company experienced a decline of 35.28% in revenue and a substantial 66.73% decrease in profit.
The Selling, general & administrative expenses saw a decline of 11.88% quarter-over-quarter and an increase of 5.14% year-over-year.
Operating income took a hit, decreasing by 66.7% sequentially and 62.27% year-over-year for PTC Industries.
The Earnings Per Share (EPS) for Q1 stood at ₹3.38, marking a 59.57% decrease year-over-year.
PTC Industries showcased returns of 1.22% in the last week, 74.64% in the last 6 months, and an impressive 131.87% Year-to-Date return.
With a market capitalization of ₹20241.91 Cr, PTC Industries has a 52-week high/low of ₹15702.1 & ₹4327.55 respectively.
Analysts covering the company have provided a Strong Buy rating, with the consensus recommendation as of 01 Aug, 2024 also being Strong Buy.
PTC Industries Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 46.87 | 72.41 | -35.28% | 71.51 | -34.46% |
| Selling/ General/ Admin Expenses Total | 7.91 | 8.98 | -11.88% | 7.53 | +5.14% |
| Depreciation/ Amortization | 4.15 | 4.16 | -0.32% | 4.13 | +0.35% |
| Total Operating Expense | 40.97 | 54.71 | -25.11% | 55.88 | -26.68% |
| Operating Income | 5.89 | 17.7 | -66.7% | 15.62 | -62.27% |
| Net Income Before Taxes | 6.36 | 18.37 | -65.38% | 14.86 | -57.21% |
| Net Income | 4.9 | 14.72 | -66.73% | 11.28 | -56.59% |
| Diluted Normalized EPS | 3.38 | 10.26 | -67.06% | 8.36 | -59.57% |
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