20 Microns Q1 Results Live : profit rise by 19.74% YOY
20 Microns Q1 Results Live : Revenue increased by 20.99% YoY & profit increased by 19.74% YoY
20 Microns Q1 Results Live : 20 Microns, the company known for its performance minerals, has announced its Q1 results on 26 Jul, 2024.
The company reported a significant increase in revenue by 20.99% and profit by 19.74% Year-on-Year.
Quarter-on-Quarter comparison reveals a revenue growth of 8.57% and profit increase of 30.89%.
The Selling, general & administrative expenses showed a noticeable increase of 18.55% compared to the previous quarter and 23.56% Year-on-Year.
Operating income also saw a positive trend, rising by 13.99% quarter-on-quarter and 13.52% Year-on-Year.
Earnings Per Share (EPS) for Q1 is reported at ₹5.06, reflecting a 19.62% increase Year-on-Year.
In terms of market performance, 20 Microns delivered returns of 4.47% in the last week, 24.37% in the last 6 months, and 23.95% Year-to-Date.
The company currently boasts a market cap of ₹770.66 Cr with a 52-week high/low of ₹236 and ₹105.5 respectively.
20 Microns Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 230.55 | 212.34 | +8.57% | 190.56 | +20.99% |
| Selling/ General/ Admin Expenses Total | 19.22 | 16.21 | +18.55% | 15.55 | +23.56% |
| Depreciation/ Amortization | 3.98 | 3.71 | +7.15% | 3.47 | +14.66% |
| Total Operating Expense | 204.53 | 189.51 | +7.92% | 167.64 | +22.01% |
| Operating Income | 26.02 | 22.83 | +13.99% | 22.92 | +13.52% |
| Net Income Before Taxes | 24.22 | 19.33 | +25.32% | 19.83 | +22.12% |
| Net Income | 17.86 | 13.64 | +30.89% | 14.91 | +19.74% |
| Diluted Normalized EPS | 5.06 | 3.87 | +30.75% | 4.23 | +19.62% |
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