Shanti Gears Q1 Results Live : profit rise by 19.54% YOY
Shanti Gears Q1 Results Live : Revenue increased by 14.3% YoY & profit increased by 19.54% YoY
Shanti Gears Q1 Results Live : Shanti Gears declared their Q1 results on 29 Jul, 2024, with the topline increasing by 14.3% and the profit increasing by 19.54% YoY.
However, when compared to the previous quarter, the revenue declined by 9.65% and the profit decreased by 15.65%.
The Selling, general & administrative expenses rose by 11.62% q-o-q but decreased by 13.5% Y-o-Y.
Operating income showed a positive trend, being up by 14.16% q-o-q and increased by 26.97% Y-o-Y.
The EPS for Q1 is reported as ₹2.82, marking a 19.49% Y-o-Y increase.
Shanti Gears has demonstrated varying returns in different time frames, with 0.96% return in the last 1 week, 21.43% return in the last 6 months, and 7.52% YTD return.
Currently, Shanti Gears has a market cap of ₹4953.16 Cr and a 52-week high/low of ₹703 & ₹401.25 respectively.
Shanti Gears Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 138.82 | 153.64 | -9.65% | 121.45 | +14.3% |
| Selling/ General/ Admin Expenses Total | 19.6 | 17.56 | +11.62% | 22.66 | -13.5% |
| Depreciation/ Amortization | 3.09 | 4.22 | -26.78% | 2.97 | +4.04% |
| Total Operating Expense | 113.26 | 131.25 | -13.71% | 101.32 | +11.78% |
| Operating Income | 25.56 | 22.39 | +14.16% | 20.13 | +26.97% |
| Net Income Before Taxes | 28.95 | 31.91 | -9.28% | 24.12 | +20.02% |
| Net Income | 21.66 | 25.68 | -15.65% | 18.12 | +19.54% |
| Diluted Normalized EPS | 2.82 | 3.35 | -15.82% | 2.36 | +19.49% |
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