Rane Engine Valves Q1 Results Live : profit rise by 37.36% YOY
Rane Engine Valves Q1 Results Live : Revenue decreased by 0.64% YoY & profit increased by 37.36% YoY
Rane Engine Valves Q1 Results Live : Rane Engine Valves declared their Q1 results on 23 Jul, 2024. The topline decreased by 0.64% & the profit increased by 37.36% YoY.
Quarterly comparison shows a decline in revenue by 8.48% and profit by 49.58%.
Selling, general & administrative expenses rose by 9.32% q-o-q & 0.36% Y-o-Y.
Operating income witnessed a significant decrease of 69.38% q-o-q & 54.49% Y-o-Y.
The EPS for Q1 is ₹3.07, marking a 14.11% decrease Y-o-Y.
Rane Engine Valves reported -6.95% return in the last 1 week, -3.3% return in the last 6 months, and 11.14% YTD return.
The market cap of Rane Engine Valves stands at ₹288.33 Cr with a 52-week high/low of ₹505.95 & ₹276.05 respectively.
Rane Engine Valves Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 137.12 | 149.82 | -8.48% | 138.01 | -0.64% |
| Selling/ General/ Admin Expenses Total | 36.02 | 32.95 | +9.32% | 35.89 | +0.36% |
| Depreciation/ Amortization | 4.85 | 5 | -3% | 4.69 | +3.41% |
| Total Operating Expense | 134.94 | 142.7 | -5.44% | 133.22 | +1.29% |
| Operating Income | 2.18 | 7.12 | -69.38% | 4.79 | -54.49% |
| Net Income Before Taxes | 3.49 | 6.03 | -42.12% | 2.52 | +38.49% |
| Net Income | 2.39 | 4.74 | -49.58% | 1.74 | +37.36% |
| Diluted Normalized EPS | 3.07 | 11.13 | -72.39% | 3.58 | -14.11% |
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