Sprayking Agro Equipment Q1 Results Live: Profit Rise by 126.23% YOY

Sprayking Agro Equipment Q1 Results Live : Sprayking Agro Equipment Q1 Results Live: Sprayking Agro Equipment declared their Q1 results on 13 Aug, 2024. The topline increased by 119.17% and the profit increased by 126.23% YoY. As compared to the previous quarter, the revenue grew by 77.55% and the profit increased by 32.81%.

The company's selling, general, and administrative expenses rose by 17.76% quarter-on-quarter and increased by 57.31% year-on-year. Despite the rise in expenses, the operating income was up by 47.76% quarter-on-quarter and increased by 124.4% year-on-year, showcasing strong operational efficiency.

The earnings per share (EPS) for Q1 stood at ₹0.44, marking an impressive increase of 123.58% year-on-year. This substantial growth in EPS indicates a robust improvement in the company's profitability per share.

Over the past week, Sprayking Agro Equipment has delivered an 8.98% return. However, the company has faced challenges in the medium term, with a -17.91% return over the last six months and a -3.4% year-to-date return, reflecting broader market conditions.

As of now, Sprayking Agro Equipment has a market capitalization of ₹219.39 Cr. The company's stock has seen a 52-week high of ₹60.04 and a low of ₹34, indicating significant volatility over the past year.