Timken India Q1 Results Live : profit rise by 6.84% YOY

Timken India Q1 Results Live : Timken India declared their Q1 results on 08 Aug, 2024. The topline increased by 9.21% & the profit increased by 6.84% YoY. As compared to the previous quarter, the revenue declined by 12.71% and the profit decreased by 31.91%.

The Selling, general & administrative expenses declined by 1.58% q-o-q & decreased by 0.47% Y-o-Y.

The operating income was down by 32.72% q-o-q & increased by 4.04% Y-o-Y.

The EPS is ₹12.8 for Q1 which increased by 6.84% Y-o-Y.

Timken India has delivered -3.31% return in the last 1 week, 41.23% return in the last 6 months, and 28.61% YTD return.

Currently, Timken India has a market cap of ₹31459.86 Cr and 52wk high/low of ₹4817.9 & ₹2524.5 respectively.

As of 09 Aug, 2024, out of 7 analysts covering the company, 1 analyst has given a Hold rating, 5 analysts have given a Buy rating, and 1 analyst has given a Strong Buy rating.

The consensus recommendation as of 09 Aug, 2024, was to Buy.