Trejhara Solutions Q1 Results Live : profit falls by 76.78% YOY

Trejhara Solutions Q1 Results Live : Trejhara Solutions, a leading company, announced their Q1 results on 26 Jul, 2024. The revenue saw a significant increase of 50.08% year-over-year, reaching a new high.

However, the profit took a hit, decreasing by 76.78% compared to the same quarter last year. This decline in profit also marked a 91.16% decrease from the previous quarter.

The company managed to reduce its Selling, general & administrative expenses by 64.57% sequentially and 63.2% annually, showcasing efforts to streamline operations.

Despite the challenging profit numbers, Trejhara Solutions saw a remarkable 225.2% year-on-year increase in operating income, although a significant 97.3% decrease was observed quarter-on-quarter.

The Earnings Per Share (EPS) for Q1 stood at ₹0.63, reflecting a 17.74% decrease year-on-year.

In terms of market performance, Trejhara Solutions delivered -2.26% return in the last week, with more positive returns of 1.02% in the last 6 months and 5.68% year-to-date.

Currently, the company holds a market capitalization of ₹276.14 Cr with a 52-week high/low of ₹222.65 and ₹67.2 respectively, indicating fluctuations in the stock's value over the past year.